Electric Service
Affordable Power and Unmatched Reliability
Affordable • reliable • flexible
While Tipmont is not specifically subject to state regulation, Indiana law requires that utility services are provided at rates and conditions considered reasonable, just and nondiscriminatory. Oversight of that obligation is provided by the Indiana Utility Regulatory Commission, or IURC.
As such, Tipmont enjoys increased flexibility over its counterparts — while investor-owned and municipal power providers are subject to longer periods of review and approval.
ESSENTIAL SERVICES
The flexibility to serve your needs
In 2024, several companies committed to nearly $4.5 billion worth investment in Greater Lafayette.
The two main questions posed to power providers in a request for information are:
- Is there enough capacity to serve the load as required?
- How much will the power cost?
To answer these questions, we work to determine:
- The amount of electrical load (or demand) measured in kilowatts or megawatts and / or energy needed (measured in kilowatt hours or megawatt hours)
- The nature of the electrical load, with such characteristics as load factor and power factor
- Details about the business or industry in question (e.g., hours of operation, equipment types, etc.)
Tipmont + NextEra
An innovate power supply partnership.
As a distribution cooperative, Tipmont purchases power from wholesale generation and transmission suppliers and then distributes it to its’ service territory.
NextEra’s highly skilled experts in trading, generation/transmission asset operations, market research and risk management give Tipmont 24/7 access to a competitive power supply market.
Economic development partners
Local leadership working together
County and municipal leaders across Tipmont’s service territory realize that regional economic development requires a team effort.
Tipmont plugs into that powerful network through a strong, productive relationship with key decision-makers that is cultivated by our director of external affairs.
Alongside other leading local industries, Tipmont is proud to be part of Greater Lafayette Commerce’s President’s Circle — a group of civic-minded business leaders invested in a legacy of regional collaboration, growth and success.
The path of power
From Generation to Your Business
As a distribution cooperative, Tipmont is an essential “last mile” leg of the journey electricity takes to get to your site.
- Power supply
Tipmont’s innovative partnership with NextEra provides 24/7 access to a competitive power supply market and affordable business rates.
- Generation
- Transmission
Electricity is transmitted across a regional grid — which is managed by Midcontinent Independent System Operator (MISO).
- Distribution
Whether buried underground or mounted on poles, Tipmont lines carry electricity from our 21 substations to smaller, local transformers that lower voltage for safe use in businesses.
Tipmont’s state-of-the-art Landis+Gyr Revelo meters offer improved voltage management, faster outage response, and distributed energy resource opportunities.
