About Your Electric Co-op

 

MISSION STATEMENT

Steuben County REMC provides customer satisfaction,  superior service and community involvement through the use  of innovative ideas and equipment; a talented dedicated workforce;  and sound cooperative principles.

 

Steuben County REMC supplies electric power

  to about 9332 consumers  through 892 miles

  of energized line in Steuben and parts of  Dekalb

  and LaGrange counties in Northeastern Indiana. 

In 1936 the rural parts of Northeastern Indiana didn't have benefits of central station electrical service because the investor owned electric companies felt that it would not be profitable to bring electricity to the less populated areas of the country.  So some courageous individuals decided to take it upon themselves to form their own non-profit electric Cooperative for the purpose of building and maintaining an electric distribution system that would be owned and operated by those individuals it would serve.  Thus, Steuben County REMC was born and through this unique form of ownership, people living in Northeast Indiana were able to take control of the situation and improve the quality of life for themselves and future generations.

 Since those humble beginnings, the Cooperative has grown to become a financially sound organization serving more than 9332 accounts.  In fact, it has been the fastest growing county in the state in recent years.  It is a shining example of how ordinary hard working people can unite to create their own opportunities and achieve a common goal.
    The REMC is governed by a 9 member Board of Directors  elected by the membership at the annual meeting each year.
 

Because Steuben County REMC is a cooperative utility, margins as they are referred to in our business, are returned to you, the member, on a prorated basis.  Unlike an investor owned utility, which distributes its profits to its shareholders, Cooperatives return excess margins to their member owners. When patronage capital is returned your share is based on the amount of electricity you purchased for the year being refunded.  To date, a total of $2,161,304.00  in capital credits has been retired to our members who had service through 1979.   Click here to send an e-mail if you received electric service from Steuben County REMC from 1958-1979  and have not received a check.