JCREMC Reworks Long-Term Power Supply Agreement

Johnson County REMC (JCREMC) has announced a new long-term power supply agreement with Hoosier Energy. Under the agreement, JCREMC will no longer be a member of Hoosier Energy and will remain a customer through 2045.

Hoosier Energy has been JCREMC’s single power supplier for decades. Moving forward, JCREMC will take on additional responsibilities such as managing substation assets, arranging portions of its power supply needs, and self-providing various additional services previously provided by Hoosier Energy.

“When we began discussing the change in relationship, JCREMC’s goals were to retain more local decision-making authority and expand our flexibility with power supply decisions.,” said John Sturm, CEO of JCREMC. He added, “Hoosier Energy has been an important partner for JCREMC since 1960, and with the new arrangement, they will continue to be a long-term strategic partner.”

Hoosier Energy will remain as a power supplier to JCREMC and JCREMC will source portions of its power supply need from other sources.

“Hoosier Energy and JCREMC took a collaborative, cooperative approach and achieved a mutually beneficial agreement,” said Donna Walker, President & CEO of Hoosier Energy. “The process has been very positive, and I appreciate the thoughtful engagement by our Board of Directors, member CEOs, and staff involved to get us to this point.”

For more information, contact John D. Gates at 317-736-6174.