Who regulates rural electric membership cooperatives (REMCs)?
Published 12/30/2013 12:13 PM | Updated 12/30/2013 12:13 PMWho regulates rural electric membership cooperatives (REMCs)?
REMCs are member-owned, not-for-profit utilities, with each one governed by a board of directors elected from among its member-customers. All Indiana REMCs have withdrawn from Indiana Utility Regulatory Commission (IURC) jurisdiction, as allowed by state law. For more info, please visit http://www.in.gov/oucc/2712.htm.
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