Growing service territory Central Indiana Power serves over 12,000 families and businesses across Hancock, and parts of Hamilton, Madison, and Rush Counties, with 34 employees maintaining 950 miles of energized lines. Opportunity: introduce scalable solutions for grid modernization, outage management, and advanced metering to support ongoing growth and reliability goals.

Cooperative ecosystem As part of a non-profit electric cooperative network with more than 900 co-ops nationwide, there is potential to align offerings with member-focused services, community solar, energy efficiency programs, and member engagement platforms that resonate with cooperative values and governance structures.

Financial scale Reported revenue between 1M and 10M with a lean workforce implies appetite for cost-effective, high-impact solutions such as IT modernization, simplified billing and CRM, cybersecurity, and scalable energy management platforms that deliver measurable ROI.

Growth indicators Described as one of the fastest growing electric cooperatives in Indiana, with ongoing addition of new homes and businesses. This signals a need for durable infrastructure investments, project financing options, and turnkey deployment services for new service connections.

Benchmark positioning Comparable REMCs in the region show varied employee counts and revenue scales; positioned alongside mid-market peers, Central Indiana Power can leverage partnerships for shared services, vendor consolidation, and regional procurement to improve cost efficiency and service capabilities.