Albany, Illinois Electric Utility

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About Albany, Illinois Electric Utility

Albany, Illinois Electric Utility is headquartered in Albany, Illinois and it provides electricity in the residents that call the city home. There are a total of 460 customer accounts receiving service from the company. These customer accounts are made up of 96.30% residential customer accounts and 3.70% commercial customers. The average residential electricity rate for patrons of Albany, Illinois Electric Utility is about 13.30 cents per kilowatt hour. Fortunately for their customers, this rate is less than both the Illinois and the United States average prices of 13.34 and 13.71 cents per kilowatt hour, respectively. There were a total of 4,744 megawatt hours sold to retail accounts in 2019 by the company. The electricity sourced by Albany, Illinois Electric Utility is made up primarily of megawatt hours they purchased via wholesale channels. Of the total electricity sourced by the company, whole purchased made up 100.00%. In 2019, the supplier made a total of $609,000 from business activities relating to the sale and transfer of electricity. They had 97.87% of their revenue coming from retail sales to end users.

The Illinois average monthly residential electricity bill is $91.42, while the Albany, Illinois Electric Utility average is 0.36% higher at $91.85 per month. Albany, Illinois Electric Utility ranks 28th in the state for average monthly bill total. Electricity production is not part of the Albany, Illinois Electric Utility business plan, as they purchase electricity at wholesale rates to then be resold to their end users.

Albany, Illinois Electric Utility Rate & Electric Bills

Albany, Illinois Electric Utility residential electric rates are highest in January and the highest average bill is in December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.134/kWh$0.133/kWh$96.68/mo.$91.85/mo.
2030th13.30¢Albany, Illinois Electric Utility's Average residential price per kWh
786th$91.85Average monthly electricity bill for Albany, Illinois Electric Utility's residential customers

Albany, Illinois Electric Utility Overview

  • Company Type:Municipal

Albany, Illinois Electric Utility Service

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    Albany, Illinois Electric Utility Coverage Map

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    Albany, Illinois Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Illinois460574,00077100%

    Albany, Illinois Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Whiteside County55,6915515.00$93.87/mo

    Albany, Illinois Electric Utility Reviews

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    Albany, Illinois Electric Utility FAQ:

    What is the average bundled electricity rate for Albany, Illinois Electric Utility customers?

    The average bundled rate of electricity for customers of Albany, Illinois Electric Utility is 13.30 cents per kilowatt hour (¢/kWh).

    How much is the average bundled bill for Albany, Illinois Electric Utility customers each month?

    Currently, the average monthly bundled electric bill for customers of Albany, Illinois Electric Utility is $91.85. The Illinois average bundled bill is $91.42 and the United States average is $91.42.

    Last Reviewed By: King Manalo
    Published: 2022-08-01