Q: Other people are getting internet connections from their electric providers. When can I get an internet connection from Duck River Electric?
A: Not yet.
A: DREMC remains focused on excelling at its core business and the reason you are a member – electricity – while we also build out fiber-optic connectivity to our area. We are setting the stage for experienced internet service providers to partner with DREMC and the communities we serve to bring high-quality internet to your home.
Q: Why wait for an ISP (internet service provider)? Can DREMC build what’s needed to bring internet to my home?
A: To begin a new ISP start-up business, it would cost DREMC over $400 million. For 84 years, hard-working line crews have built over $200 million of pole and wire infrastructure to serve the energy needs of this area. That is a lot of money, time and hard work. Making an investment twice that size in just a few years to enter a competitive business market where we have no experience is risky.
And we don’t need to. There are over 20 internet service providers already offering access to our members. The ISP business is a costly industry to enter with no experience. This has been considered from many angles, and at this time we see no strategic advantages nor financial models that show becoming an ISP a good idea for this cooperative.