Monticello, Illinois electricity rates - plans that match your needs

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Electricity Providers in Monticello, Illinois

Monticello is home to 5,941 people and covers 3.89 square miles. It is the 307th largest city in the state by population and 334th largest by area. Competition exists in the Monticello electricity market, as suppliers can compete for the business of the area's residents in the deregulated electricity market. Still, when dollars are up for grabs it is not surprising that some suppliers will try to confuse consumers with slyly worded price terms that end up with consumers stuck paying worse rates than they are expecting to pay. Avoiding these types of companies is uncomplicated. Simply use the Find Energy website, where we have sorted through the hundreds of providers out there and only show plans from high quality organizations.

In a deregulated market, a utility company handles the delivery of electricity and a Retail Electric Provider (REP) handles the purchasing or generation of electricity for the end user. Because utility companies handle the transmission lines that deliver to homes and businesses, customers cannot pick which utility they work with. Nevertheless, in a deregulated market they are able to select the REP that they purchase electricity from. There are 7 REPs providing electricity in Monticello, customers have a few choices to decide between. The most reputable suppliers who provide electricity supply to Monticello are listed below.

Monticello, IL Electricity Rates & Bills

Electricity rates can often vary based on kilowatt-hours used, which can be quite confusing if you don't have a clear understanding of your plan and your average electricity use. We strive to make things easier for you and show plans that have uncomplicated rates and terms. Reviewing the terms and conditions is essential in advance of making a purchase to ensure that you clearly comprehend the plan. The terms and conditions document has useful information, including price details and what you can expect to pay when you consider your usage.

Below we present the ongoing trends and historical statistics for electricity prices in Monticello.

Monticello, Illinois Electricity Price Trends

Residential

Monticello Averages

Rate 13.72¢
Usage 834 kWh
Bill $114

Illinois Averages

Rate 13.08¢
Usage 684 kWh
Bill $89

United States Averages

Rate 13.47¢
Usage 886 kWh
Bill $119

Commercial

Monticello Averages

Rate 13.72¢
Usage 834 kWh
Bill $114

Illinois Averages

Rate 13.08¢
Usage 684 kWh
Bill $89

United States Averages

Rate 13.47¢
Usage 886 kWh
Bill $119

Monticello, IL Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWh Average Bill $0.137/kWh$0.079/kWh $127.21/mo.$65.81/mo.

Commercial

Historical Electricity Rates:

Price Per kWh Average Bill $0.137/kWh$0.079/kWh $127.21/mo.$65.81/mo.

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

  • The residential electricity prices in Monticello are currently 13.72 cents per kilowatt-hour. The, while the Illinois average is 13.08 and the countrywide average is 13.47.
  • The average residential monthly electricity bill in Monticello is $114.36, while the Illinois average is $89.48 and the countrywide average is 119.32
  • Commercial rates in the city presentlyaverage 10.79 cents per kilowatt-hour, compared to 10.87 cents for the state average and 10.55 cents for the national average.
  • The average commercial monthly electricity bill in the city is $1,000.85, while the state average is $372.55 and the US average is 564.41.

Residential

Commercial

Monticello, IL Commercial Electricity

For businesses in Monticello, not looking into the most competitively priced business electricity plans could be costing you money. Our team does the hard parts! Our shopping experience was created to be quick and painless. Business owners should realize that even tiny reduction to the price you pay per kilowatt-hour can result in significant impacts on your overhead. We are all but certain that your organization can benefit from checking current available electricity rates with what you pay now, regardless of whether you are a a small flower shop or cement factories.

We have partnered with the best suppliers in Illinois so that we can give attractive pricing to our business users. For certain sized businesses with monthly electricity expenses above $3000, Find Energy can get the electricity companies in Monticello to compete for your business. These custom pricing plans usually amount to considerable savings. Don't throw away sizeable savings by losing out on the most compelling electricity plans in Monticello.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


The correct choice is to compare the best available prices in the deregulated market against the rates you are paying at the moment, specifically when you keep in mind the following:

  • Your company could save sizeable amounts with a fixed-rate plan - Fixed rate plans are the preferred plan of choice here at Find Energy. These plans lock in the lowest rates and ensure that you can predict exactly how much you will be paying per kilowatt-hour in the future.
  • Your power will not be cut off during the switching period - Zero service interruptions will happen when changing suppliers. Your team won't see any differences during the changeover.
  • You'll save a significant amount of money without investing too much time - Our shopping process was created to be quick and efficient for electricity users. Simply fill out your information. Once accomplished, we'll take the reins and handle everything else. Our goal is to make certain to provide your organization the most attractive rates available.
  • No calls to your current service company required - Find Energy handles the entire transition if you are not under contract. After filling out your information, the next step is to let us help you choose the most attractive deal for your organization. You will receive a lower bill for years to come. And even if you are under contract, our team at Find Energy can still assist you in finding and switching to a better pricing plan.
  • There's zero obligation to buy - There is absolutely zero obligation to commit to a deal if you aren't impressed with the prices you receive. We've worked hard to make this process as safe as we can for consumers. Look around. See your options. Switch only if it makes sense. It's that simple!

Purchasing a new deal with Find Energy is hassle-free. Just enter your zip code to get quotes on the best priced services in your area. After this short and thorough process, you could see your company's monthly electricity bills drop as much as 15% to 25%.

Monticello, IL's Utility Company is Versant Power

Versant Power is the largest utility company providing utility services in Monticello. Losing electricity in your neighborhood can be stressful. Make sure to contact your utility company to report any power interruptions. Contact Versant Power directly at (207) 973-2000, or report a blackout on website.

Shop Electricity Providers by Zip Code in Monticello, IL

  • 61856

Monticello, IL Electricity FAQs

FAQ

What electric company does Monticello, Illinois use?

The following are some of the most reliable electricity providers in Monticello:

What is the most affordable electricity provider in Monticello?

Constellation Energy is presently supplying a residential electricity plan at 8.99 cents per kWh, which is the best priced electricity plan we currently have in our online marketplace.

How do I shop for a renewable electricity plan in Monticello?

All you have to do is type in your zip code on this page, and you can browse all plans offered in your location that are fueled completely by green electricity. Search for the “100% Green” label!

How do I choose an electricity company in Monticello?

The most convenient method of shopping for an electricity company in Monticello is to use FindEnergy.com in weighing all the different pricing rates currently on the market. Or if you want, you can visit the different individual websites of each company and research what rates they have currently. It's best to start with these suppliers:

Who provides the best electricity services in Monticello?

Here you can find the lowest priced electricity rates presently available in Monticello:

Provider Rate (¢/kWh)
Constellation Energy 8.99
Direct Energy 10.39
Just Energy 11.19
Spark Energy 14.59

How many suppliers are in Monticello?

There are presently 7 electricity companies offering electricity in Monticello.

What is an affordable electricity rate in Monticello?

The lowest priced plan that can be had in Monticello is 8.99 cents per kWh, presently being supplied by Constellation Energy.

Last Reviewed By: Nick Reese
Published: 2021-03-16