Northeastern REMC
Northeastern REMC is Indiana's largest member-owned electric distribution cooperative, serving 30,000+ residential, commercial, and industrial accounts across six Northeastern Indiana counties via PJM-procured power and local solar generation.
- Company typePrivate
- Founded1936
- HeadquartersColumbia City, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Northeastern REMC does
Northeastern REMC (Northeastern Rural Electric Membership Corporation) is Indiana's largest electric distribution cooperative, founded in 1936 and headquartered in Columbia City, Indiana. The cooperative distributes electricity to more than 30,000 households and businesses across portions of Allen, Huntington, Kosciusko, Noble, Wabash, and Whitley counties in Northeastern Indiana, operating as a not-for-profit entity owned by its member-customers. Service is delivered through member-owned substations, transformers, power lines, and smart metering infrastructure, with wholesale power procured through PJM Interconnection and complemented by local solar generation assets including the 2023-launched Hatch Road Solar Project and the 2025-under-construction Quarry Solar Project (40 acres, 6,500+ kW DC capacity, with an on-site agrivoltaics program).
The cooperative operates under a member-owned governance model with a nine-member elected board and follows the seven cooperative principles. Revenue is generated through fixed monthly service charges and consumption-based energy charges across multiple rate schedules: Schedule 101 (single-phase residential, $25/month service charge), Schedule 104 (prepaid residential), and Schedules 308-505 (commercial and industrial accounts with demand-based pricing). Members also benefit from capital credits returns (over $33M distributed since 1980, more than any other Indiana cooperative), the Peak Thermostat demand response program, water heater rebates, and the Operation Round Up community giving program. Member services are delivered digitally through the SmartHub online portal and mobile app, with bill payment also accepted at Walmart and Kroger retail locations.
Product breadth extends beyond electric distribution to include renewable generation (Quarry Solar, Hatch Road Solar), demand response (Peak Thermostat integrating with Google Nest, Honeywell, and Amazon smart thermostats), energy efficiency rebates (water heater program offering $200-$250 per qualifying unit), and community engagement programs (Member Rewards local business discounts, $6,000 annual scholarships, free tree giveaways, member appreciation events). Strategic distribution partnerships with Indiana Michigan Power Company are jointly regulated through the Indiana Utility Regulatory Commission, while social service partnerships with BrightPoint, IHCDA, Indiana 2-1-1, and Combined Community Services address energy assistance for low-income members.
Northeastern REMC firmographics
Firmographics- Name
- Northeastern REMC
- Legal name
- Northeastern Rural Electric Membership Corporation
- Website
- https://nremc.com
- Company type
- Private
- Founded year
- 1936
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Northeastern REMC is Indiana's largest member-owned electric distribution cooperative, serving 30,000+ residential, commercial, and industrial accounts across six Northeastern Indiana counties via PJM-procured power and local solar generation.
- Ownership category
- akta.pro rank
Northeastern REMC industry classification
Industry- Product category
- Electric Utility Distribution
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Distribution (221122), Solar Electric Power Generation (221114)
- SIC
- Electric, Gas & Sanitary Services (4900), Electric Services (4911)
- akta.pro primary industry
- Electric Cooperatives (Rural/Member-Owned Utilities) (EUADABAC)
- akta.pro secondary industries
- Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Community Microgrids & Shared Distributed Generation (EUACALAC)
Keywords
Where Northeastern REMC is headquartered
LocationHeadquarters
- HQ city
- Columbia City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Northeastern REMC business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales, Others
Revenue model
- Residential Electric Service: Monthly electricity distribution service to residential members with fixed service charges and consumption-based energy charges per kWh. Revenue model includes PJM cost pass-through and Power Cost Adjustment (PCA) for wholesale power cost fluctuations.
- Commercial Electric Service: Electric service to small commercial (single and three-phase) and large commercial/industrial customers with demand-based pricing. Multiple rate schedules (308-505) based on service type and demand levels.
- Capital Credits: As a not-for-profit cooperative, margins are returned to members as capital credits. Over $33M returned since 1980, with annual distributions typically appearing as December bill credits.
- Solar Net Metering: Member-owned solar generation interconnection service allowing members to bank excess generation for future billing or receive wholesale rate compensation for annual excess.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Single-phase Residential Rate Schedule 101 - $25.00 monthly service charge plus consumption-based energy charges |
| Usage-based | Pay-as-you-go | Prepaid Residential Rate Schedule 104 - Daily service charge with pay-in-advance energy purchase |
| Subscription | Monthly | Commercial Service Schedules 308-505 - Demand-based pricing for small and large commercial/industrial accounts |
| Other | One time/ perpetual license | Water Heater Rebate - Bill credit for qualifying new construction electric water heaters |
| Subscription | Annual | Peak Thermostat Program - Bill credits for smart thermostat enrollment and annual participation |
| Usage-based | Monthly | Residential Solar Net Metering Rate - Excess generation banking and annual buyout at wholesale rates |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Northeastern REMC product offering
Product offeringCore offering
Northeastern REMC distributes electricity to approximately 30,000 member households and businesses across six Northeastern Indiana counties through cooperative-owned substations, transformers, and power lines. It bills recurring residential and commercial electric service charges, operates member-facing digital tools (SmartHub, outage map), invests in local solar generation (Quarry Solar, Hatch Road Solar), and runs demand response, rebate, and capital credit programs for its member-owners.
Product overview
Northeastern REMC is Indiana's largest electric distribution cooperative providing electricity services to approximately 30,000 households and businesses across six counties in northeastern Indiana. The company's product portfolio centers on its core electricity distribution service with the SmartHub online account management platform, complemented by demand-side management programs (Peak Thermostat Program, water heater rebates), renewable energy projects (Quarry Solar, Hatch Road Solar), member financial programs (Capital Credits, scholarships), and community initiatives (Operation Round Up, Member Rewards, appreciation events, tree giveaways). The cooperative operates proprietary outage mapping and online service initiation/termination systems, all designed for its member-owner customers.
Differentiator
Problem solved
Functional benefit
Brands
- Member Rewards: A member benefit program offering exclusive discounts and special offers at participating businesses throughout the service area.
- Capital Credits
- Operation Round Up
- Quarry Solar
- SmartHub
Products and services
- Residential Electric Service (Schedule 101) Standard single-phase residential electricity distribution service billed monthly with a $25.00 service charge plus tiered consumption-based energy charges per kWh, PJM cost pass-through, and Power Cost Adjustment. Available to member homeowners and renters in the NREMC service territory.
- Residential Prepaid Electric Service (Schedule 104) Pay-as-you-go residential electricity service with a $1.50/day service charge and per-kWh energy charges, allowing members to recharge their account online, by phone, or in person with low-balance alerts.
- Commercial Electric Service (Schedules 308-505) Demand-based electric service for small and large commercial and industrial members, including Schedule 308 single-phase small commercial, Schedule 309 three-phase small commercial, Schedule 400 large power, and Schedule 405 industrial, with rates reviewed on a case-by-case basis.
- Peak Thermostat Program Demand response program for residential members with compatible smart thermostats (Google Nest, Honeywell, Amazon), enabling NREMC to adjust thermostats by 2-3 degrees during June-September peak events in exchange for bill credits ($100 first year, $50 annual participation).
- Solar Net Metering Service Interconnection service for member-owned rooftop solar that allows excess generation to be banked for future billing, with annual excess paid out at the wholesale rate; members pay only the service availability charge plus sales tax when generation exceeds consumption.
Quantifiable outcome
- Over $33M in capital credits returned to members since 1980 - more than any other cooperative in Indiana
- +4 more outcomes
Companies that use Northeastern REMC
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Northeastern REMC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Northeastern REMC partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Indiana Michigan Power CompanycoreJoint service territory agreement and coordination with Indiana Michigan Power Company (I&M). NREMC and I&M jointly petitioned the Indiana Utility Regulatory Commission to modify service area boundaries in Allen County to promote economical, efficient, and adequate electric service. Filed under IURC Cause No. 46433.
- PJM InterconnectioncoreRegional transmission organization coordinating electricity flow for over 61 million people across 13 states and DC. NREMC and other Indiana utilities are required to participate in such organizations to ensure enough power to meet demand, maintain grid reliability, and oversee the market to prevent manipulation.
- BrightPointminorEnergy Assistance Program (EAP) provider serving over 7,200 families across Allen, DeKalb, LaGrange, Noble, Steuben, and Whitley counties. BrightPoint helps families pay a portion of winter heating bills.
- Indiana Housing & Community Development Authority (IHCDA)minorProvides Low Income Home Energy Assistance Program (LIHEAP) to help eligible households with energy bills. Manages Community Programs Manager, EAP at 30 South Meridian St, Suite 900, Indianapolis, IN 46204.
- Indiana 2-1-1minorFree, confidential resource connecting individuals and families to essential health and human services. Provides 24/7 referrals to community-based organizations for food, clothing, shelter, financial assistance, mental health support, legal aid, healthcare, and transportation.
- Combined Community ServicesminorCommunity resources organization in Kosciusko County assisting families facing immediate crises with long-term support through case management. Located at 1195 Mariners Drive, Warsaw, IN 46582, Phone: 574-269-6019.
- Whitley County Farmers (Agrivoltaics)minorLocal farmers benefiting from agrivoltaics program at Quarry Solar site including sheep grazing for land maintenance and soil enrichment, pollinator habitats for crop health, and shade environments to reduce plant stress.
- Kuehnert Dairy FarmminorHost venue for NREMC member appreciation events including exclusive access Fall Festival for members and their immediate families at 6532 W Cook Rd, Fort Wayne, IN 46818.
- Hatch Road Solar (Prior Project)corePrior solar project operational since 2023 that served as foundation for Quarry Solar Project. Represents NREMC's initial investment in local solar generation capacity.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
Northeastern REMC competitors and assessment
Company assessmentRegional players
- NineStar Connect: Indiana-based cooperative utility providing electric, water, sewer, and broadband services in eastern Indiana. Comparable to NREMC as a member-owned Indiana utility operating in a similar rural Indiana footprint, though with a multi-service utility model.
Broad incumbents
- Duke Energy Indiana: Investor-owned utility subsidiary of Duke Energy serving central and southern Indiana. Comparable to NREMC as a major electric distribution utility operating under IURC oversight in Indiana, but at much larger scale and with a for-profit structure.
- NextEra Energy Resources: Largest renewable energy generator in North America. Comparable to NREMC at the strategic level as a utility-scale solar developer, though vastly larger and operating a for-profit independent power producer model rather than member-owned distribution.
Direct peers
- Tipmont REMC: Indiana rural electric membership cooperative serving members in Tippecanoe and surrounding counties. Directly comparable to NREMC as a fellow Indiana REMC distribution cooperative with very similar member-owned structure, services, and regulatory environment.
- Wabash Valley Power Alliance: A generation and transmission (G&T) cooperative serving 27 member distribution cooperatives in Indiana, Illinois, and Missouri. Highly comparable to NREMC as a fellow Indiana-based electric cooperative operating under the cooperative model, supplying wholesale power and shared services.
- Carroll White REMC: Indiana rural electric membership cooperative serving Carroll and White counties. Directly comparable to NREMC as a fellow Indiana REMC providing distribution electric service to a comparable rural member base in north-central Indiana.
- Indiana Michigan Power Company: A subsidiary of American Electric Power serving northern Indiana and Michigan. Directly comparable to NREMC as an electric distribution utility in overlapping Northeastern Indiana service territory, with documented joint service-territory agreements filed with IURC.
- Miami-Cass REMC: Indiana rural electric cooperative serving Miami and Cass counties. Directly comparable as another Indiana REMC distribution cooperative operating under the same non-profit, member-owned model and serving similar rural/small-community Indiana territories.
- South Central Indiana REMC: Indiana rural electric membership cooperative serving south-central Indiana. Comparable to NREMC as another Indiana REMC operating the same capital credits, member-owned, and PJM- (or MISO-) integrated cooperative model.
Others
- Indiana Electric Cooperatives: Statewide trade association representing Indiana's REMCs and electric cooperatives. Comparable to NREMC as an industry association that is a peer in the cooperative ecosystem, sharing governance, training, and lineman rodeo competitive culture.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Northeastern REMC social profiles
Digital presenceNortheastern REMC financial estimates
Financial estimateRevenue estimate
Valuation estimate
Northeastern REMC leadership team
Management profileNumber of profiles
Profiles12 records
Northeastern REMC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Northeastern REMC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Northeastern REMC
What does Northeastern REMC do?
Northeastern REMC distributes electricity to approximately 30,000 member households and businesses across six Northeastern Indiana counties through cooperative-owned substations, transformers, and power lines. It bills recurring residential and commercial electric service charges, operates member-facing digital tools (SmartHub, outage map), invests in local solar generation (Quarry Solar, Hatch Road Solar), and runs demand response, rebate, and capital credit programs for its member-owners.
Is Northeastern REMC a public or private company?
Northeastern REMC is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Northeastern REMC founded?
Northeastern REMC was founded in 1936. It employs 101 to 250 people.
Where is Northeastern REMC based?
Northeastern REMC is headquartered in Columbia City, United States, in the North America region.
How does Northeastern REMC make money?
Four revenue lines are on record. Residential Electric Service is the primary driver. The others are commercial Electric Service, capital Credits and solar Net Metering.
Who are Northeastern REMC's main competitors?
NineStar Connect is listed as a regional player. Broad incumbents are Duke Energy Indiana and NextEra Energy Resources. Direct peers are Tipmont REMC, Wabash Valley Power Alliance, Carroll White REMC, Indiana Michigan Power Company, Miami-Cass REMC and South Central Indiana REMC. Indiana Electric Cooperatives is listed as an others.
Does Northeastern REMC have an API?
No public API is recorded for Northeastern REMC.
What industry is Northeastern REMC in?
Northeastern REMC's product category is Electric Utility Distribution. Its primary akta.pro industry code is EUADABAC, Electric Cooperatives (Rural/Member-Owned Utilities), with a secondary code of EUAMAJAD, Distributed Generation (DG) Solar & Small Wind. Its NAICS code is 2211 and its SIC code is 4900.