Tipmont REMC

What Tipmont REMC does

Tipmont Rural Electric Membership Corporation is a member-owned, not-for-profit electric distribution cooperative founded in 1939 and headquartered in Linden, Indiana. It distributes electricity to more than 27,000 meters across Fountain, Montgomery, and Tippecanoe counties, purchasing wholesale power and reselling it at cost to residential members, farms, and small businesses. Residential electric pricing is structured around a $0.1272/kWh energy charge (effective February 2026) and a $38 monthly service charge, with Time-of-Use, Budget Billing (fixed and variable), and Prepay options available.

Beyond electric distribution, Tipmont operates a fiber-to-the-home broadband business reaching roughly 50% of its member base, with 2,000 net fiber subscribers added over the trailing 12 months. The fiber offering is delivered over Kevlar-encased fiber-optic lines and is paired with managed services including the CommandIQ WiFi app, SmartHome experiences, and a streaming services marketplace. Customer-facing operations are unified through the SmartHub web and mobile portal, which handles billing, outage reporting, and service requests. Tipmont transitioned its wholesale power supply from Wabash Valley Power Alliance to NextEra Energy effective June 2025 and is deploying Calix's AI-native Calix One platform with Agent Workforce Cloud in June 2026 to automate member engagement and operations.

Tipmont markets through community-led channels—Kilowatts & Brats member meetings, county fair presence, a Refer-a-Neighbor program, the Indiana Connection newsletter, and active social media—reinforcing its cooperative identity. It maintains three offices (Linden headquarters, Lafayette, Battle Ground), holds a 92 Net Promoter Score and 4.9/5 customer satisfaction rating, and achieved 99.99% electric reliability in 2025. The 2018 acquisition of Wintek Corporation brought broadband and business-solutions capabilities in-house, and the cooperative continues to invest in grid resilience, smart meter deployment, and AI-enabled member operations.

Name

Tipmont REMC

Legal name

Tipmont Rural Electric Membership Corporation

Website

https://tipmont.com

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

101–250 employees

Short description

Tipmont REMC is a member-owned Indiana electric cooperative distributing power to 27,000+ meters across three counties and providing fiber-to-the-home broadband, now reaching half of its membership, supported by an AI-enabled Calix platform and NextEra wholesale power supply.

Ownership category

akta.pro rank

Product category

Electric Utility Distribution

NAICS

Electric Power Generation, Transmission and Distribution (2211), Wired Telecommunications Carriers (517111)

SIC

Electric Services (4911)

akta.pro primary industry

Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)

akta.pro secondary industries

Fiber-to-the-Home (FTTH) Operators (HDAIACAB), Rural Broadband & Cooperative Fiber Operators (HDAIACAG), Municipal & Community Broadband ISPs (HDAIADAH)

Keywords

• Electric utility services
• Rural broadband internet
• Electric distribution cooperative
• Fiber-to-the-home internet
• Member-owned cooperative

Headquarters

HQ city

Linden

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Electric Distribution: Tipmont purchases wholesale electricity from power suppliers and distributes it to member homes, farms, and businesses. As a not-for-profit cooperative, it operates at cost with the goal of breaking even. Revenue comes from residential electric rates ($0.1272/kWh as of Feb 2026) and monthly service charges ($38).
2. Fiber Internet Service: Provides fiber broadband internet service to residential and small business customers across the electric service territory. Revenue from internet service plans and associated fees.
3. Smart Home & Managed Services: Offers additional services including security system support, streaming services integration, and managed WiFi through the CommandIQ app.
4. Capital Credits: As a cooperative, Tipmont periodically returns excess margins to members in the form of capital credit allocations and retirements, reflecting the member-owned nature of the business.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Tipmont REMC is a not-for-profit, member-owned electric cooperative that distributes electricity and delivers fiber-to-the-home (FTTH) broadband internet to residential and small business members across Fountain, Montgomery, and Tippecanoe counties in Indiana. The cooperative purchases wholesale electricity and resells it at cost to members, while operating a Kevlar-encased fiber optic network for high-speed internet service and related managed services (WiFi, streaming, smart home).

Product overview

Tipmont REMC operates as a not-for-profit electric cooperative providing electricity distribution to homes, farms, and businesses across Indiana. The company has expanded into fiber broadband internet service and offers a portfolio of related products including SmartHub (customer account portal), CommandIQ App (WiFi management), SmartHome Experiences (connected home features), streaming services, smart meters, and energy efficiency programs including Budget Billing and Time-of-Use rate plans. The portfolio is unified through the Calix One platform with AI-powered agentic capabilities for member engagement.

Differentiator

Problem solved

Functional benefit

Brands

• SmartHub: Online portal and mobile app for managing Tipmont accounts, paying bills, reporting outages, and accessing services
• Wintek Business Solutions
• Operation Round Up

Products and services

• Electric Service

Quantifiable outcome

• 99.99% electric service reliability achieved in 2025 - fifth time in the last decade
• +7 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Calix Inc.coreTechnology or Integration · 30 June 2026Tipmont is expanding an eight-year partnership with Calix to deploy Calix Agent Workforce Cloud on the AI-native Calix One platform. The platform unifies marketing, operations, and support functions to enable targeted value-based offers with personalized SmartHome experiences. This strategic technology investment aims to compete in broadband while improving operational efficiency through agentic AI workflows without adding headcount.
• NextEra EnergycoreStrategic or Co-development Partner · 1 June 2025Tipmont partnered with NextEra Energy, one of America's elite energy marketers, to meet power supply needs following exit from Wabash Valley Power Alliance. NextEra provides 24/7 access to competitive power supply market with experts in trading, generation/transmission operations, market research, and risk management. Partnership enables improved forecasting and long-term cost stability.
• Wabash Valley Power Alliance (WVPA)minorOthers · 1 June 2025Former long-time power supplier. Tipmont exited membership as of June 1, 2025, becoming a WVPA customer with quantities decreasing annually to zero in 2032. Exit agreement provides transitional path away from WVPA toward market flexibility with NextEra.
• WintekcoreStrategic or Co-development Partner · 1 January 2019In 2019, Tipmont and Wintek formed a partnership powered by a mutual mission to serve members' best interests. Together as Tipmont, they provide superior service as a local cooperative committed to community support, superior performance, and consistently high customer satisfaction.
• Boone REMCminorOthersProvided mutual aid assistance following June 2025 storm damage that broke nearly 100 poles across Tipmont's system.
• Northeastern REMCminorOthersProvided mutual aid assistance following June 2025 storm damage that broke nearly 100 poles across Tipmont's system.
• Hoosier Edison Line CompanyminorOthersProvided mutual aid assistance following June 2025 storm damage that broke nearly 100 poles across Tipmont's system.
• Utility Asset ManagementminorImplementation/ SI/ Consulting PartnerContracted partner performing pole testing inspections near the Pop Center substation in summer 2026. Testing conducted every 10-15 years to ensure wood condition and maintain reliability standards.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Boone REMC: Indiana rural electric membership cooperative providing electric service to members in Boone County; direct peer of Tipmont REMC as another Indiana REMC with a comparable cooperative model, member-focused service, and rural broadband ambitions (mutual-aid partner in June 2025 storm).
• Northeastern REMC: Indiana rural electric membership cooperative serving northeastern Indiana; same not-for-profit cooperative structure as Tipmont, with electric distribution and broadband services to member-owners in rural Indiana (mutual-aid partner during the June 2025 storm event).
• Wabash Valley Power Alliance: Generation and transmission cooperative that historically supplied Tipmont's wholesale power and continues to serve other Indiana REMC distribution co-ops. Directly comparable as a cooperative wholesale power provider in Indiana's electric ecosystem.
• Heartland REMC: Indiana rural electric membership cooperative providing electric distribution and fiber broadband to members in central Indiana; closely comparable to Tipmont in cooperative structure, electric-plus-broadband service bundle, and rural Indiana footprint.

Broad incumbents

• Duke Energy Indiana: Investor-owned regulated electric utility serving large portions of Indiana including territories adjacent to Tipmont's; comparable as a regulated electric distribution operator in Indiana, though far larger in scale and not member-owned.
• Indiana Michigan Power: Investor-owned utility serving Indiana and Michigan with electric generation, transmission, and distribution; overlaps Tipmont's regulatory and operating environment as a major Indiana electric utility, though IOU rather than cooperative.

Regional players

• Metronet: Regional fiber-to-the-home ISP with significant Indiana footprint building gigabit fiber networks in communities across the state; comparable as a fiber broadband provider competing for the same residential and small-business customers in Indiana, though Tipmont is a coop and Metronet is for-profit.
• altafiber (formerly Cincinnati Bell): Regional wireline and fiber broadband provider serving the Cincinnati tri-state area including southeast Indiana; comparable as a fiber and managed-WiFi provider in a similar rural/small-metro Indiana corridor, competing in adjacent geographies.

Others

• Calix, Inc. Platform vendor supplying the Calix One and Agent Workforce Cloud that Tipmont deploys; included as an adjacent ecosystem enabler, not a competitor, but central to Tipmont's fiber broadband operating model and AI roadmap.
• NextEra Energy: One of the largest U.S. electric power marketers and renewable generators, now Tipmont's wholesale power supply partner post-WVPA exit; included as a strategic supplier rather than direct peer, but materially shapes Tipmont's electricity cost structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• Xx.com/tipmontremc
• YouTubeyoutube.com/tipmontremc
• Facebookfacebook.com/tipmontremc
• LinkedInlinkedin.com/company/tipmont-wintek

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tipmont REMC