Monmouth, Illinois Electricity Rates & Plans

Monmouth, Illinois electricity rates - plans that match your needs

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Electricity Providers in Monmouth, Illinois

Illinois’s 247th most populated city is Monmouth, with 8,810 people calling it home.

The Monmouth area is a deregulated electricity market, which means that consumers have the power to choose between multiple suppliers when deciding who they purchase their electricity from. This competition has made compelling electricity plans available to Monmouth residents for a low cost. Less-than-legitimate electricity providers, however, are being emboldened by the competitive nature of Monmouth’s deregulated energy market, often misleading vulnerable consumers, baiting them with false advertising and misleading advertising tactics.

Find Energy went the extra mile to make sure that you’re protected from sketchy energy companies. Please feel free to head over to the Find Energy marketplace and look for the information you require on the various suppliers that provide service in your location. The Find Energy marketplace only showcases competitive power plans from reliable electricity companies.

Get the ball rolling by typing in your zip code. Or you can view some of our most trusted suppliers in Monmouth below.

Monmouth, IL Residential Electricity Rates

Residential

Monmouth Averages

Rate20.54¢
Usage769 kWh
Bill$158

Illinois Averages

Rate14.84¢
Usage664 kWh
Bill$98

United States Averages

Rate15.77¢
Usage887 kWh
Bill$140

Residential electricity prices in Monmouth, Illinois are presently at an average of 20.54 cents per kilowatt-hour. Compare this to the 14.84 cents per kWh state average and the 15.77 cents per kWh nationwide average.

Monmouth, Illinois consumers spend $157.89 on average on their energy bill each month. At the moment, $98.49 is the state monthly electricity bill average, while $139.96 is the countrywide monthly electricity bill average.

Your monthly energy usage—usually measured in kilowatt-hours—can significantly impact your electricity prices. You might find the terms of your energy plan a little bit perplexing if you’re not clear on how your monthly kilowatt-hour consumption influences your electricity rates.

Our website only features plans with TOSs to help eliminate any confusion. The Terms of Service (TOS) of your energy plan features important energy information that you should know about. Reading the TOS will enable you to make a fairly straightforward comparison between your electricity plan and the different electricity plans from various electricity companies.

Seeing that there are lots of different electricity plans from the various electricity companies in your area, Find Energy has already created TOS highlights to help energy users make informed energy decisions. Using our website, you can make educated electricity decisions as we give you access to valuable electricity information, such as the conditions, terms, and prices of the best electricity plans from the most prominent electricity providers in Monmouth, Illinois.

Enter your zip code, and shop conveniently with FindEnergy.com. The Find Energy marketplace is home to Monmouth’s most reliable electricity providers and their best electricity offerings.

FindEnergy.com has gathered the best home energy plans available to Monmouth residents.

Monmouth, Illinois Residential Electricity Plans

Residential

Monmouth, IL Commercial Electricity Rates

Commercial

Monmouth Averages

Rate17.86¢
Usage9,211 kWh
Bill$1,645

Illinois Averages

Rate12.33¢
Usage2,925 kWh
Bill$361

United States Averages

Rate11.84¢
Usage5,630 kWh
Bill$666

The current average rate of business electricity in Monmouth, Illinois is 17.86 cents per kWh. To put it into a better view, the statewide average is currently at 12.33 cents per kWh, and the countrywide average is presently at 11.84 cents for every kilowatt-hour.

Monmouth entrepreneurs pay $1,645.22 for their electricity every month, on average. To put it into a better view, the statewide monthly electricity bill averages $360.67, and the nationwide monthly electricity bill averages $666.37.

Companies of all sizes have to budget for electricity expenditures. Commercial electricity accounts regularly use substantially larger quantities of electricity than residential accounts. If your company has high electricity consumption then finding a new lower electricity rate is good business. A bill reduction of even a penny or two per kilowatt hour will compound into substantial annual savings.

If you're spending upwards of $3,000 a month on electricity, Find Energy can help you secure custom pricing from established Monmouth, Illinois energy companies.

You may be able to decrease your bill by 15% to 25% if you purchase your next energy plan using our marketplace.

The Find Energy marketplace offers the most updated electricity information on the most competitive business electricity plans available to Monmouth business owners. Let our team at Find Energy help you in finding the most attractive business energy plan in your area—type in your zip code.

Find Energy has compiled the most compelling business electricity plans you can get in the Monmouth area; check them out in the list below.

Monmouth, Illinois Commercial Electricity Plans

Commercial

There are no Commercial plans available.

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.

Monmouth, IL Utility Company

Versant Power is Monmouth, Illinois's primary utility provider. Residents of Monmouth, Illinois who are experiencing troubles with their electricity can contact Versant Power.

If you want to contact Versant Power, you can do so at (207) 973-2000. Versant Power's online customer service can be reached using Versant Power's official website here.

Monmouth, Illinois Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.224/kWh$0.133/kWh$205.80/mo.$86.11/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.224/kWh$0.133/kWh$205.80/mo.$86.11/mo.

Find the best plan for your needs

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Shop Electricity Providers by Zip Code in Monmouth, IL

  • 61462

Monmouth, Illinois 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 2 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)
Constellation Energy7.99
Just Energy9.89

What is the most affordable electricity supplier in Monmouth?

Presently, our cheapest electricity plan that can be had in your location is from Constellation Energy, with a residential rate of 7.99 cents per kilowatt-hour.

What is a fair electricity rate in Monmouth?

The lowest priced electricity rate available in Monmouth is 7.99 cents per kWh, presently being offered by Constellation 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:

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-11-01