Jasper County Rural Electric Membership Corporation

What Jasper County Rural Electric Membership Corporation does

Jasper County Rural Electric Membership Corporation (Jasper County REMC) is a not-for-profit, member-owned rural electric distribution cooperative headquartered at 280 East Wood Road, Rensselaer, Indiana. Founded in 1938, the cooperative distributes electricity to over 8,600 residential, commercial, industrial, and agricultural members across more than 1,200 miles of energized line in Jasper County and parts of White, Starke, Pulaski, Porter, and Newton Counties in northwest Indiana. Core services include Farm & Home and General Service electric tariffs ($45/month facility charge plus $0.1195/kWh residential; $50/month facility charge plus $0.1150/kWh small commercial), with variable energy tracker adjustments, prepaid electric, automated digital meters, Auto Pay, and the SmartHub web/mobile account platform. The cooperative operates under a seven-member elected Board of Directors with capital credits allocated back to members rather than paid out as profit.

Name

Jasper County Rural Electric Membership Corporation

Legal name

Jasper County Rural Electric Membership Corporation

Website

https://jasperremc.com

Company type

Private

Founded year

1938

Operating status

Operating

Headcount range

11–50 employees

Short description

Jasper County Rural Electric Membership Corporation is a not-for-profit rural electric cooperative serving over 8,600 residential, commercial, and agricultural members across northwest Indiana via 1,200+ miles of line, while expanding into fiber and fixed wireless broadband through the Connect-Internet sub-brand since 2022.

Ownership category

akta.pro rank

Product category

Rural Electric Cooperative Services

NAICS

Electric Power Distribution (221122), Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911)

akta.pro primary industry

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

akta.pro secondary industry

Municipal & Community Broadband Networks (HDAIACAE)

Keywords

• Rural electric distribution
• Electric cooperative services
• Fiber internet service
• Fixed wireless broadband
• Utility broadband provider

Headquarters

HQ city

Rensselaer

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Electric Distribution Service: Monthly electric service revenue generated from facility charges and kilowatt-hour consumption charges. Residential customers pay $45/month facility charge plus $0.1195/kWh. Commercial customers pay $50/month facility charge plus $0.1150/kWh. Variable energy tracker adjusts for fluctuating power purchase costs.
2. Internet Service: Monthly internet subscription revenue from fiber and fixed wireless services. Fiber plans range from 250 Mbps to 1000 Mbps. Fixed wireless plans offer 25/50/75 Mbps. Services include free installation and router.
3. Fees and Charges: Revenue from various fees including late payment fees (10% of first $3 plus 3% excess for residential), NSF charges ($35), disconnect fees ($45 remote, $75 trip), reconnect fees ($25 remote, $75 trip), and overtime fees ($150).
4. Capital Credits: As a not-for-profit cooperative, margins are allocated back to members as capital credits, which are retired periodically rather than distributed as profit.
5. Prepaid Electric Service: Members can opt for prepaid electric service with daily billing calculations, requiring $25 minimum balance for reconnection.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Jasper County REMC distributes electricity to residential, commercial, and agricultural members across northwest Indiana through more than 1,200 miles of energized line and provides high-speed fiber and fixed wireless broadband internet under the Connect-Internet brand. The cooperative also supports members through prepaid electric billing, energy efficiency rebates via the Power Moves program, outdoor security lighting, solar interconnection, and a community giving program (Operation Round Up).

Product overview

Jasper County REMC operates as a not-for-profit electric and technology cooperative offering a diversified portfolio of utility services. The core offerings include electric distribution service (serving over 8,600 consumers across 1,200+ miles of line) and high-speed internet via two delivery methods: Fiber Internet (Connect 250/500/1000 plans) and Fixed Wireless Internet (Connect 25/50/75 plans). Supporting services include SmartHub for bill payment and account management, Prepaid Electric Service, VOIP phone service, and the GigaSpire BLAST router with companion mobile app. Energy programs encompass Power Moves rebates (for heat pumps, pool pumps), Solar Program, Energy Efficiency resources, and Dusk to Dawn outdoor lighting. Community programs include Operation Round Up charitable giving and Capital Credits member benefit distributions. The cooperative recently expanded from traditional electric service to integrated broadband under the Connect-Internet by Jasper County REMC brand.

Differentiator

Problem solved

Functional benefit

Brands

• Connect: High-speed internet service brand offering fiber and fixed wireless internet services to residential and commercial customers.
• SmartHub
• Power Moves
• Willie Wiredhand

Products and services

• Electric Service Electric distribution service for residential, commercial, and agricultural members across Jasper County and parts of White, Starke, Pulaski, Porter, and Newton Counties in Indiana. Serves over 8,600 consumers across more than 1,200 miles of energized line under the Farm & Home Residential and General Service/Light Commercial rate classes.
• Fiber Internet (Connect-Internet by Jasper County REMC) High-speed fiber optic broadband service offering residential and business plans with symmetrical upload and download speeds and no data caps. Plans include Connect 250 (250/250 Mbps), Connect 500 (500/500 Mbps), and Connect 1000 (1000/1000 Mbps), each with free standard installation and a GigaSpire BLAST router.
• Fixed Wireless Internet (Connect 25/50/75) Fixed wireless broadband service delivered to areas where fiber is not available, providing connectivity for rural members. Plans include Connect 25 (25/5 Mbps at $65/month), Connect 50 (50/10 Mbps at $85/month), and Connect 75 (75/10 Mbps at $105/month), each with free installation, router, and unlimited data.
• VOIP Phone Service Voice over Internet Protocol telephone service offered as part of the cooperative's information and communications services. Includes 911/E911 functionality with limitations related to electrical power outages.
• Prepaid Electric Service Prepaid billing option for electric service allowing members to pay in advance for electricity with daily usage calculations. Uses SmartHub for usage monitoring and notifications when balance is low (approximately five days of service remaining), with a $25 minimum balance required for reconnection.
• Solar Program Special renewable rate program helping members install on-home or ground-mounted solar panels or wind turbines. Provides rate information and construction packets to help members pursue renewable energy projects through cooperative interconnection.
• Dusk to Dawn Outdoor Lighting Outdoor security lighting service offering dusk-to-dawn pole lights for a low monthly fee. Includes free installation, maintenance, and replacement parts, with a one-year minimum service agreement.

Quantifiable outcome

• SmartGrid Ring technology will shorten power outages and create safer power restoration process for field crews
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, major and minor.

• National Rural Telecommunications CooperativecoreStrategic or Co-development Partner · 1 December 2020Jasper County REMC's relationship with the National Rural Telecommunications Cooperative plays a key role in their broadband undertaking, facilitating collaboration and agreements for providing broadband services to rural members.
• Wabash Valley Power AlliancecoreStrategic or Co-development Partner · 1 December 2020Jasper County REMC's generation and transmission facilitator, Wabash Valley Power Alliance (also a cooperative), has collaborated with Intelligent Fiber Network to facilitate conversations and agreements for broadband services to Jasper County REMC members. The Power Moves efficiency program was created by Wabash Valley Power Alliance with 26 electric cooperatives.
• Intelligent Fiber NetworkmajorTechnology or Integration · 1 December 2020Wabash Valley Power Alliance collaborated with Intelligent Fiber Network to help facilitate agreements for providing broadband services to Jasper County REMC members as part of the rural internet initiative.
• Touchstone EnergycoreGTM or Marketing Partner · 13 September 2019Jasper County REMC is a Touchstone Energy cooperative, utilizing the national cooperative branding and accessing resources including the Touchstone Energy website for energy efficiency tips and consumer information.
• Indiana Electric CooperativesminorStrategic or Co-development PartnerStatewide service association providing peer group networking for utility professionals. Jasper County REMC CEO Jon Rich served as vice president and president of his IT peer group organized by Indiana Electric Cooperatives.
• Holmes Executive SearchminorOthersSearch consultant Ken Holmes assisted the seven-member board of directors in the CEO succession process when Bryan Washburn retired.
• Rensselaer Volunteer Fire DepartmentminorStrategic or Co-development PartnerJasper County REMC and Rensselaer Volunteer Fire Department co-hosted a statewide training event for emergency responders covering electric vehicle emergencies and residential solar safety.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Co-Mo Connect: Subsidiary of Co-Mo Electric Cooperative providing fiber broadband to rural Missouri members; widely cited cooperative-broadband benchmark comparable to Jasper County REMC's Connect-Internet fiber and fixed wireless expansion model.
• Tipmont REMC: Indiana-based rural electric membership cooperative with a fiber broadband division (Tipmont Fiber) operating under a similar member-owned cooperative model; directly comparable in electric-plus-broadband structure, customer scale, and Indiana operating context.
• Berkeley Electric Cooperative: South Carolina rural electric distribution cooperative and former employer of incoming Jasper REMC CEO Jason Smith Sr. Provides electric service plus Connect-AE (broadband fiber) to rural South Carolina — a near-direct operational peer in cooperative electric-plus-broadband.
• NineStar Connect: Indiana cooperative providing electric, broadband, water, and wastewater services. Mirrors Jasper County REMC's electric-plus-broadband integrated cooperative model in Indiana and is closely comparable on member scale and service offering breadth.
• Marshall County REMC: Indiana-based rural electric membership cooperative serving Marshall and surrounding counties. Closely comparable in cooperative structure, customer scale (similar member count tier), and northwest Indiana geographic context.
• Wabash Valley Power Alliance: Generation and transmission (G&T) cooperative providing wholesale power to Jasper County REMC and 26 other Indiana distribution cooperatives; created the Power Moves rebate program. Comparable as a peer cooperative partner and benchmark for cooperative-scale energy efficiency programming.
• Northeastern REMC: Indiana rural electric membership cooperative headquartered in Columbia City serving northeast Indiana. Provides electric distribution plus fiber-to-the-home broadband (MetaLINK) — a near-direct peer in terms of territory, electric cooperative structure, and bundled broadband offering.
• White County REMC: Indiana rural electric membership cooperative serving White County directly adjacent to Jasper County; offers similar residential/commercial electric service and energy programs. Closely comparable as a regional Indiana electric cooperative peer.

Emerging players

• NRTC (National Rural Telecommunications Cooperative): Cooperative services provider serving rural utilities including Jasper County REMC's broadband buildout (technology, network, and managed services partner). Comparable as a strategic ecosystem participant rather than a competing retail broadband provider.

Broad incumbents

• Northern Indiana Public Service Company (NIPSCO): Investor-owned electric and natural gas utility serving most of northern Indiana, employing interim CEO Violet Sistovaris prior to her Jasper REMC role. Comparable as the broader incumbent utility in Jasper REMC's operating region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/JasperCountyREMC
• Xx.com/JasperCntyREMC

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Jasper County Rural Electric Membership Corporation