As 2025 hits the home stretch, I hope each of you can rest and rejuvenate during the holiday season and make new memories with friends and family.
It’s natural at year’s end to reflect on the people and personalities that make us who we are. There is no connection Tipmont cherishes more than your trust in our team, as reflected by your satisfaction with our services. Maintaining that trust is why, in June 2025, we partnered with NextEra Energy to meet your power supply needs in the years to come.
As a member-owned distribution cooperative, Tipmont does not generate the power you use. Much as a gas station purchases fuel from a refinery to sell to its customers, Tipmont purchases power from wholesale generation and transmission suppliers and then distributes it to your home.
Tipmont previously purchased power from Wabash Valley Power Alliance (WVPA), with which we finalized an exit agreement earlier this year. The exit agreement provides a transitional path for Tipmont — where we use WVPA less and less through 2032 and replace it with market flexibility using NextEra.
As one of America’s elite energy marketers, NextEra has highly skilled experts in trading, generation / transmission asset operations, market research and risk management who give Tipmont 24/7 access to a competitive power supply market.
It’s like enlisting a trusted financial advisor to help you plan and make the best decisions. NextEra helps Tipmont forecast loads seasonally, month to month and in response to extreme weather events or circumstances for an early lock on advantageous power pricing and supply. We don’t want to buy too much power, but we also want to plan for Indiana’s signature cold snaps and heat waves. NextEra’s proven expertise helps Tipmont make sound decisions to serve you now and in the future.
As in any new relationship, Tipmont and NextEra have spent our first months together learning how the other operates. I’m glad to say the partnership is going well and proving valuable already. So far, NextEra’s ability to align Tipmont’s usage patterns with market forecasting has been impressive, and it’s positioning us for the long-term stability we sought in our exit from WVPA. Plus, the more we get to know one another, the more this relationship can grow.
On behalf of everyone at Tipmont, thank you for the trust you place in us to serve your best interests. It’s our honor to have earned that every day in 2025, as it will be in 2026 and beyond.
