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Updates

Tipmont is Building the Future by Bringing Broadband to You

6:21PM July 24, 2018

In today’s world, fast internet is no longer a luxury, it’s a necessity. Access to reliable, high-speed internet is essential for all of us in rural Indiana. It gives us more opportunities to compete and grow. And let’s face it, reliable, fast internet is not a given where we live. Tipmont is on a mission to change that.

Tipmont REMC’s Board of Directors voted to authorize the design, construction and delivery of fiber optic broadband internet and related services to the Tipmont membership. The vote was unanimous and followed 18 months of due diligence, including extensive feasibility evaluation and market analysis.

You may be thinking: Why is Tipmont doing this? The answer is the same as it was in the 1930s when the big electric companies wouldn’t take electricity to the rural areas. The profit wasn’t high enough to satisfy their shareholders. Certainly, Tipmont doesn’t want to lose money; however, we have a greater desire to serve our communities. That’s what makes the cooperative business model different.

Here are some answers to questions you may have.

HAS CONSTRUCTION STARTED?

We are currently preparing the infrastructure of a fiber network that will provide state-of-the-art high-speed communication services to our communities. We plan to connect our first test group in late 2018. This first build will begin near our Linden office allowing us to refine our processes and provide a superior customer experience as we prepare to roll out the service to more members.

IS IT COMING TO ME?

Yes, we plan to make the service available to our entire electric service area.

WHEN WILL I GET BROADBAND?

We are committed to providing broadband services to every Tipmont member regardless of where you live. It will take time to accomplish the entire build out. Today, our build plan is spread over eight years, but it is based on many factors including member interest. That’s why it is important that you register at our broadband website, join.tipmont.org.

WHAT WILL TIPMONT’S BROADBAND SERVICES INCLUDE?

To begin with, Tipmont will offer fiber internet service that will be of the highest quality—providing you with internet speeds more than 100-times faster than those currently offered in the Tipmont serving area. We also have plans offer television and telephone.

HOW MUCH WILL THE SERVICE COST?

We will structure our pricing to be competitive with the current market. While final pricing has yet to be finalized, we will be your local, trusted communication partner - free of hidden costs and promotional gimmicks. We are confident that the potential benefits to our members and our communities outweigh the risks.

WILL THIS INCREASE ELECTRIC RATES?

As with any venture into a competitive market, we understand that there is risk. We are confident that the potential benefits to our members and our communities outweigh the risks. The finances of both the broadband and the electric services will be separated so we can manage the health of both. We have used both rigorous internal and external feasibility studies and market analyses to ensure that our business units are self-sustaining.

HOW DO I FIND OUT MORE?

There will be updates on this website (join.tipmont.org), in the monthly Electric Consumer magazine, on our main corporate website (tipmont.org), social media, and more.

Please register at join.tipmont.org to ensure that you stay involved and keep informed and spread the word! Encourage your neighbors to register too!


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