Albany, Illinois Electric Utility: Rates and Coverage Area

Albany, Illinois Electric Utility

Electricity Rates, Plans & Statistics

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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 475 customer accounts receiving service from the company. These customer accounts are made up of 96.21% residential customer accounts and 3.79% commercial customers. The average residential electricity rate for patrons of Albany, Illinois Electric Utility is about 15.25 cents per kilowatt hour. While this is higher than the state average rate of 14.38 cents per kilowatt hour, it is less than the US average of 15.76 cents. The company sold 4,744 megawatt hours in 2019 via retail sales. The electricity sourced by Albany, Illinois Electric Utility is made up primarily of megawatt hours they purchased by way of the wholesale electricity market. This category makes up 100.00% of the total electricity sourced by the company. Their revenue for 2019 from electricity related activities was $609,000, with 97.87% coming from retail sales to end users.

The Illinois average monthly residential electricity bill is $92, while the Albany, Illinois Electric Utility average is 2.47% higher at $95.34 per month. Albany, Illinois Electric Utility ranks 29th 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 May and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.176/kWh$0.122/kWh$150.49/mo.$71.46/mo.
2123rd15.25¢Albany, Illinois Electric Utility's Average residential price per kWh
719th$95.34Average monthly electricity bill for Albany, Illinois Electric Utility's residential customers

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Albany, Illinois Electric Utility Overview

  • Company Type:Municipal

Albany, Illinois Electric Utility Service

    • States Served:
      • Illinois
    • Counties Served:
      • Whiteside County
    • Major Cities Served:
      • Albany

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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
    Illinois475620,221.7577100%

    Albany, Illinois Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Whiteside County55,9325318.94$111.23/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 15.25 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 $95.34. The Illinois average bundled bill is $92.00 and the United States average is $92.00.

    Fernando García
    Last Reviewed By: Fernando García
    Published: 2024-07-19