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Carroll White REMC logo — Creatively enhancing our community through safety and servic...

Carroll White REMC

Creatively enhancing our community through safety and service.

Founded 1937 United States Monticello, United States 32 employees Debt Financing Total: $22.00M Energy

General Information

Company Name Carroll White REMC
Founded Year 1937
Location United States Monticello, United States
Employees 32
Industries Energy
Funding Stage Debt Financing
Social

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About Carroll White REMC

Carroll White REMC is an innovative, not-for-profit, member-owned electric cooperative located 30 miles north of Lafayette, Indiana. Serving nearly 15,000 families, farms, schools, and businesses, the company is deeply rooted in the cooperative philosophy, recognizing that its ownership lies within the local communities. Unlike traditional corporations, Carroll White REMC prioritizes community prosperity over boardroom profits. Situated in Indiana’s largest county for renewable energy, within proximity to major tourist attractions and freshwater bodies, Carroll White REMC operates within a strategically advantageous location. The company places a strong emphasis on community involvement, contributing nearly $1 million to local initiatives through its Operation Round Up® grant program and offering loans to small businesses to stimulate local economies. With a slogan of "Creatively enhancing our community through safety and service," Carroll White REMC is driven by a passion to improve the quality of life for its members, communities, and employees. Actively engaged in local schools and 4-H fairs, the company is dedicated to fostering positive growth within its operational areas.

Taxonomy: electric cooperative, community service, energy services, community involvement, rural development, small business support, local economy, Indiana, customer-owned, investment in communities

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $22.00M 1
U.S. Department of Agriculture
28 Aug 2023

Carroll White REMC Alternatives & Competitors

Carroll White REMC vs
Wake Electric Membership Corporation
Wake Electric Membership Corporation United States

Wake Electric is a local, member-owned, not-for-profit electric cooperative serving more than 51,000...

57 employees
Energy, Construction
Carroll White REMC vs
Lamar Electric Cooperative
Lamar Electric Cooperative United States

Lamar Electric Cooperative's mission is to provide safe, reliable & affordable electricity for all o...

14 employees
Energy, Renewable Energy
Carroll White REMC vs
Central Virginia Electric Cooperative
Central Virginia Electric Cooperative United States

CVEC provides the reliable delivery of affordable energy to its member-owners in Central Virginia.

40 employees
Energy

FAQ About Carroll White REMC

Creatively enhancing our community through safety and service.
Carroll White REMC was founded in 1937.
Carroll White REMC is headquartered in Monticello, United States.
Carroll White REMC operates in Energy. Its work centres on electric cooperative, community service, energy services and community involvement.
Carroll White REMC has approximately 32 employees.
Carroll White REMC has completed 1 funding round, raising a total of $22.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Carroll White REMC include Wake Electric Membership Corporation, Lamar Electric Cooperative, Central Virginia Electric Cooperative, Cloverland Electric Cooperative, Blachly-Lane Electric Cooperative. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Carroll White REMC and Wake Electric Membership Corporation are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Carroll White REMC, https://bouncewatch.com/company/carroll-white-remc, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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