Monmouth, Illinois electricity rates - plans that match your needs

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Electricity Providers in Monmouth, Illinois

Monmouth has a population of 8,902 citizens—the 244th largest population in the state. The Monmouth area is a deregulated electricity market, which means that consumers are able to choose from many different companies when determining who provides their electricity. Consumer choice comes at a cost. Consumers are sometimes faced with confusing advertising and marketing that they have to navigate. Our marketplace weeds out companies and rates that were created to cause confusion and mislead consumers. You will only find reputable brands and plans with clear terms and conditions.

In deregulated markets, utility companies take care of the distribution and transmission of electricity and Retail Electric Providers (REPs) take care of the supply and sale of electricity to consumers. Whichever utility owns or manages the electricity infrastructure that connect to your property will be your utility company, but you can make a decision on your REP based on customer service or other factors. Monmouth has 8 REPs serving the area, which can be an overwhelming amount for any consumer. Below is a list of some of the leading suppliers offering residential and commercial electricity in the surrounding area, all of which you can find rates for in the Find Energy marketplace.

Monmouth, IL Electricity Rates & Bills

Determining the actual terms of many plans advertised in Monmouth can be daunting. We strive to show you plans and providers with clearly defined rate information and conditions and terms. It is vital to make sure that you review the terms and conditions of a plan you are purchasing. The terms and conditions document will make it plain and simple what to look for when your new, lower, electricity bills start arriving.

See below for price tendencies and historical rate data.

Monmouth, Illinois Electricity Price Trends

Residential

Monmouth Averages

Rate13.96¢
Usage685 kWh
Bill$96

Illinois Averages

Rate13.34¢
Usage685 kWh
Bill$91

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Commercial

Monmouth Averages

Rate13.96¢
Usage685 kWh
Bill$96

Illinois Averages

Rate13.34¢
Usage685 kWh
Bill$91

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Monmouth, IL Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.133/kWh$0.080/kWh$122.68/mo.$57.05/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.133/kWh$0.080/kWh$122.68/mo.$57.05/mo.

Current Average Rates, Consumption & Bill Amounts in Monmouth, Illinois

  • The residential electricity prices in Monmouth are presently 13.96 cents per kilowatt-hour. The, while the Illinois average is 13.34 and the national average is 13.67.
  • Monmouth citizens average a monthly residential electricity bill of $95.61. The average in the state is $91.42 per month and the average in the US is 120.98 per month.
  • At present, the average commercial electricity rate in Monmouth is 9.90 cents per kilowatt-hour. The current average in Illinois is 11.10 cents and the national average is 10.73 cents.
  • Monmouth businesses average a monthly commercial electricity expensel of $1,753.6. The average in Illinois is $383.47 per month and the average in the nation is 578.13 per month.

Residential

Commercial

Monmouth, IL Commercial Electricity

Not taking advantage of competitive electricity rates in deregulated markets like Monmouth is a misstep that is often made by business owners. Don't make this mistake! Our business electricity plan shopping process is incredibly easy to use to make sure that you don't spend a bunch of effort on this. Even minor reductions in electricity rates may save your business significant amounts of money on annual expenses. Regardless of whether you are large chemical plants or a dentist office, you should make the most out of electricity suppliers trying to outprice each other to win your business.

Find Energy highlights some of the most attractive plans available in Monmouth, making it rather easy for your organization to save significantly. Companies with high electricity consumption (expenses totalling a few thousand dollars on average) can take advantage of custom pricing rates from the electricity suppliers in Monmouth. Personalized rates from the electricity companies result in an even more attractive price for your company. Don't throw away sizeable savings by missing out on the most value-driven electricity plans in Monmouth.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


For those on the fence about shopping for deregulated electricity rates, here are a few considerations you may want to keep in mind:

  • Your business may save thousands using a fixed-rate plan - Almost every single plan on Find Energy is a fixed rate plan, as it is our opinion that these types of electricity plans are what's best for many people. Fixed rate plans enable consumers to know just how much they will be spending per kilowatt-hour every month and provide them the opportunity to lock in the most attractive rates possible, even if the price of electricity rises.
  • Switching electricity companies does not result in any service interruption - Once you purchase a brand new plan, you get a bill with your new electricity supplier's name on it. Your utility company does not change and electricity never stops flowing continuously.
  • The whole switching process only takes a few minutes - Our shopping process specifically designed to be quick and painless for users. Simply fill out your information. Once that's done, we'll take over and handle everything else. We'll make sure we secure your organization the lowest rates available.
  • No need to call your current provider - There isn't any need for a “break up” call with your existing provider if you are not under contract. If you haven't signed a contract with an electricity service company, the entire switching process can be taken care of by our staff. If you're not sure, however, our team can check that for you as well. If you are under contract, we still may be able to find a way to save you money, so reach out!
  • No obligation to make the switch - Look around. Review your options. And let us get you the most attractive plans for your organization. It doesn't get any simpler than that! If you are not impressed by the prices you receive from us, then you don't have to do anything. You cansimply continue on with your existing service. Only make the switch if it makes total sense.

Find Energy is committed to providing you the lowest electricity prices in Monmouth. To start saving on your electricity expenses, all you have to do is just enter your zip code and answer a few questions. We are confident that most establishments who shop in Find Energy can save between 15% and 25% on their monthly electricity expenses.

Monmouth, IL's Utility Company is Versant Power

Versant Power is the primary utility company in your city. Residents must take note of this since this is the company you must contact in the event of an electrical interruption. Versant Power's power outage emergency number is (207) 973-2000, or you can report a blackout online on their website.

Shop Electricity Providers by Zip Code in Monmouth, IL

  • 61462

Monmouth, IL Electricity FAQs

FAQ

How do I pick an electricity provider in Monmouth?

The whole process is straightforward! Fill out your zip code, and we will filter out the most affordable electricity plans currently available in Monmouth for you to choose from.

How many providers are in Monmouth?

Monmouth has a total of 8 electricity suppliers carrying electricity within the city limits.

How do I find a renewable electricity plan in Monmouth?

Just enter your zip code, and you can find all deals that can be bought in your area that are fueled completely by green electricity. Search for the “100% Green” label!

Who offers the lowest priced electricity plans in Monmouth?

Monmouth's best electricity plans include the following:

ProviderRate (¢/kWh)
Direct Energy6.39
Constellation Energy8.99
Just Energy11.99
Spark Energy12.89

What is the most affordable electricity supplier in Monmouth?

Presently, our cheapest electricity plan that can be had in your location is from Direct Energy, with a residential rate of 6.39 cents per kilowatt-hour.

What is a fair electricity rate in Monmouth?

The lowest priced electricity rate available in Monmouth is 6.39 cents per kWh, presently being offered by Direct Energy.

What electric company does Monmouth, Illinois use?

Monmouth's electric utility company is Versant Power, however, Monmouth consumers can purchase their electricity from many different suppliers, including the ones in following list:

Last Reviewed By: Ginalyn Gelera
Published: 2022-08-05