DAVIESS-MARTIN COUNTY REMC

What DAVIESS-MARTIN COUNTY REMC does

Daviess-Martin County REMC is a not-for-profit, member-owned rural electric distribution cooperative organized and incorporated in March 1939 under the Indiana REMC Act. Headquartered in Loogootee, Indiana, the cooperative distributes electricity to approximately 7,000 member-consumers across Daviess, Martin, and Lawrence counties, purchasing wholesale power and delivering it through owned infrastructure including poles, overhead and underground lines, substations, and advanced meters. The cooperative was originally established with loans from the Rural Electrification Administration after investor-owned utilities declined to serve rural customers, and today operates as one of 38 rural electric cooperatives in Indiana.

The cooperative's core product is reliable electricity distribution, complemented by the SmartHub mobile and web platform that provides secure account management, bill payment, real-time outage reporting, and energy usage monitoring. Additional service offerings include a Solar Energy Program with bi-directional metering and wholesale-rate buyback of excess generation, security light rentals (monthly subscriptions ranging $11.74 to $41.40), and energy-efficiency rebate programs for both residential members (heat pumps, water heaters, HVAC tune-ups, electric lawn equipment) and non-residential members (LED lighting, variable frequency drives), the latter administered by Hoosier Energy. Member-engagement programs include Operation Round Up (over $654,000 in community grants since 2004), Camp Kilowatt, the Indiana Youth Tour, the Cooperative Student Art Contest, and a Medical Priority notification service.

DMREMC operates under a usage-based revenue model in which residential and commercial members pay monthly electricity bills based on consumption, with capital credits allocated annually to members in proportion to purchases and retired on an approximately 30-year rotation cycle. The cooperative is governed by a seven-member elected board of directors (one-member, one-vote), led by CEO Ryan Dant, and supported by 16 employees. Operations are reinforced by mutual-aid partnerships with neighboring cooperatives (Southeastern REMC, Hendricks Power Cooperative, WIN Energy) for storm response, as demonstrated in the March 2025 tornado recovery that restored power to 1,200 affected members within five days.

Name

DAVIESS-MARTIN COUNTY REMC

Legal name

Daviess-Martin County REMC

Website

https://dmremc.com

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

11–50 employees

Short description

Daviess-Martin County REMC is a not-for-profit, member-owned rural electric distribution cooperative founded in 1939 that delivers electricity to approximately 7,000 member-consumers across Daviess, Martin, and Lawrence counties in Indiana through its own poles, lines, and SmartHub account management platform.

Ownership category

akta.pro rank

Product category

Rural Electric Cooperative Distribution

NAICS

Electric Power Distribution (221122)

SIC

Electric Services (4911)

akta.pro primary industry

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

Keywords

• Rural electric distribution
• Member-owned cooperative
• Electricity delivery services
• Energy efficiency rebates
• Capital credits program

Headquarters

HQ city

Loogootee, Indiana

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electricity Distribution: Daviess-Martin County REMC purchases power on behalf of member-consumers and delivers it to homes, farms, and businesses. The cooperative is not-for-profit; any margins or revenue remaining after expenses are allocated to members as capital credits in proportion to their purchases. Revenue is generated through monthly electricity bills based on consumption.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Daviess-Martin County REMC is a member-owned rural electric distribution cooperative that purchases power on behalf of its members and delivers electricity to approximately 7,000 homes, farms, and businesses across Daviess, Martin, and Lawrence counties in Indiana. The cooperative supports its distribution service with the SmartHub account management platform, energy efficiency rebate programs, security lighting rentals, and solar interconnection services.

Product overview

Daviess-Martin County REMC is a rural electric cooperative providing electricity distribution to approximately 7,000 member-consumers across Daviess, Martin, and Lawrence counties in Indiana. The cooperative operates as a not-for-profit distribution utility, purchasing power on behalf of members and delivering it to homes, farms, and businesses. The core offering centers on SmartHub, a mobile and web application for account management, bill payment, energy monitoring, and outage reporting. Rebate programs complement the core service, including residential rebates for heat pump water heaters ($500-$2,000), HVAC systems ($300-$500), and electric lawn equipment (up to $50), as well as non-residential rebates for LED lighting and variable frequency drives. Additional services include solar interconnection, security lighting, the Operation Round Up charitable giving program, capital credits (member equity distributions), and youth programs such as Camp Kilowatt and the Indiana Youth Tour. The cooperative's portfolio represents a platform-based approach combining essential utility services with customer engagement tools and community investment programs.

Differentiator

Problem solved

Functional benefit

Brands

• SmartHub: Mobile and web application for account management, bill payment, outage reporting, and energy usage monitoring.

Products and services

• SmartHub Mobile and web application providing secure account management, bill payment processing, real-time energy usage monitoring, and two-way communication for outage reporting and service requests. Available on iOS, Android, and web browsers.
• Residential Electric Service Distribution of safe, reliable electricity to approximately 7,000 residential member-consumers in Daviess, Martin, and Lawrence counties, Indiana.
• Residential Rebates Rebate programs for residential energy efficiency equipment including heat pump water heaters ($500), Wi-Fi enabled water heaters ($200), geothermal heat pumps ($2,000), air source/dual fuel heat pumps ($300-$500), mini-split heat pumps ($300-$500), and HVAC tune-ups (up to $50).
• Electric Lawn Equipment Rebates Rebate program offering up to $50 toward the cost of new electric lawnmowers, leaf blowers, and string trimmers powered by lithium-ion batteries.
• Non-Residential Rebates Energy efficiency incentive programs for non-residential cooperative members covering interior LED lighting (up to 50% of equipment cost), variable frequency drives (1-200 HP), and custom efficiency projects, administered by Hoosier Energy.
• Solar Energy Program Information and interconnection services for residential solar panel installations, including bi-directional metering, interconnection agreements, and excess power purchase at wholesale rates.
• Security Lights Outdoor security lighting service with monthly rental options including 175W ($11.74/mo), 400W ($26.78/mo), FSL ($38.60/mo), and 1000W ($41.40/mo) fixtures on poles maintained by the cooperative.
• Operation Round Up Voluntary charitable program that rounds up electric bills to the nearest dollar, with proceeds distributed to local community organizations through grant awards (up to $10,000 per organization annually).
• Capital Credits Member equity program where cooperative margins are allocated annually based on electricity purchases and distributed back to members on an approximately 30-year rotation cycle.
• Medical Priority Notification service for members who rely on life-sustaining equipment such as respirators or dialysis machines, providing advance notice of planned or extended outages.
• Outage Map Real-time interactive map displaying current power outages across the service territory, integrated with SmartHub for mobile access.

Quantifiable outcome

• 495,000 hours without a lost-time accident in 2025
• +3 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• American Energy ServicesminorOthers · 14 July 2026American Energy Services conducts scheduled utility pole testing throughout Daviess-Martin County REMC's service territory on behalf of the cooperative. This routine maintenance helps evaluate the condition of utility poles and ensure continued reliability and safety of the electric system.
• Southeastern REMCcoreOthers · 15 March 2025Southeastern REMC provided mutual aid assistance to Daviess-Martin County REMC following the March 2025 tornado that heavily impacted DMREMC headquarters. Crews from Southeastern REMC assisted in restoring power to the approximately 1,200 members who experienced outages.
• Hendricks Power CooperativecoreOthers · 15 March 2025Hendricks Power Cooperative provided mutual aid assistance to Daviess-Martin County REMC following the March 2025 tornado. Their crews joined efforts with DMREMC and other cooperatives to restore power within five days.
• WIN EnergycoreOthers · 15 March 2025WIN Energy provided mutual aid assistance to Daviess-Martin County REMC following the March 2025 tornado. Their crews contributed to the collaborative storm recovery effort that restored power to all affected members within five days.
• Hoosier EnergycoreOthersHoosier Energy administers the non-residential rebate program on behalf of Daviess-Martin County REMC and other member cooperatives. Applications are submitted through an online portal available at WhyElectrify.com.
• Indiana Electric CooperativescoreOthersIndiana Electric Cooperatives publishes the Indiana Connection Magazine, sponsors youth programs including Indiana Youth Tour and Camp Kilowatt, and organizes the annual IEC Community Day. DMREMC participates in these statewide cooperative programs.
• Happy Hollow Children's CampminorOthersHappy Hollow Children's Camp in Nashville, Indiana hosts Camp Kilowatt, a youth program where Daviess-Martin County REMC sponsors sixth-grade students to attend and learn about energy while enjoying recreational activities.
• Ebenezer Boys Camp at Camp IllianaminorOthersDaviess-Martin County REMC delivered hands-on power line safety demonstrations to campers at Ebenezer Boys Camp at Camp Illiana, where students had been learning basic electrical concepts reinforced through the safety presentation.
• Indiana's Electric Cooperatives (Statewide)coreOthersIndiana's electric cooperatives collectively sponsor the Indiana Youth Tour to Washington D.C. and other statewide youth programs. In 2026, DMREMC sponsored two students for this all-expenses-paid leadership experience.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Hoosier Energy: Generation and Transmission (G&T) cooperative that administers rebate programs on behalf of DMREMC and other member distribution cooperatives in Indiana and Illinois. Functions as an upstream wholesale power supplier and program administrator.

Regional players

• United REMC: Indiana rural electric distribution cooperative serving nearby but distinct counties. Comparable member-owned cooperative with similar SmartHub platform usage, rebate programs, and rural electrification focus.
• Southern Indiana Power: Indiana distribution cooperative operating in adjacent regions to DMREMC. Similar scale, member-owned governance, and product offerings including broadband and fiber network services.

Others

• NRECA - National Rural Electric Cooperative Association: National trade association representing over 900 U.S. rural electric cooperatives. Provides advocacy, insurance, and cooperative development services relevant to DMREMC's operating model and regulatory environment.
• Indiana Electric Cooperatives: Statewide trade association that publishes Indiana Connection Magazine and coordinates youth programs (Indiana Youth Tour, Camp Kilowatt, Page Day) for the 38 Indiana REMCs including DMREMC. Industry and program sponsor.
• Touchstone Energy Cooperative: National brand and services alliance for U.S. electric cooperatives, providing shared marketing, the Home Energy Analysis tool referenced by DMREMC, and a cooperative network spanning more than 750 member-owned utilities.
• CFC - National Rural Utilities Cooperative Finance Corporation: Cooperative finance organization that is a long-term lender to DMREMC and other U.S. rural electric cooperatives. Provides capital markets access for member-owned distribution utilities that cannot raise equity capital.

Direct peers

• Southeastern Indiana REMC: A neighboring Indiana rural electric cooperative that provided mutual aid to DMREMC after the 2025 tornado. Operates with the same member-owned cooperative model, serving residential and commercial members in adjacent southeastern Indiana counties.
• Hendricks Power Cooperative: Indiana rural electric cooperative that assisted DMREMC in tornado restoration. Functions as a comparable distribution cooperative delivering electricity to member-consumers under the same Indiana REMC Act framework.
• WIN Energy REMC: Indiana distribution cooperative that provided mutual aid during the 2025 storm. Comparable member-owned electric distribution utility serving rural Indiana with similar service offerings and operational scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/dmremc
• YouTubeyoutube.com/channel/UCxQKuKkU-uPU订Y订Pj订tP5g
• Facebookfacebook.com/DaviessMartinCountyREMC
• LinkedInlinkedin.com/company/daviess-martin-county-remc
• Instagraminstagram.com/dmremc

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about DAVIESS-MARTIN COUNTY REMC