Altamont, Illinois Electric Utility

About Altamont, Illinois Electric Utility

Altamont, Illinois Electric Utility is headquartered in Altamont, Illinois and it provides electricity in the residents that call the city home. On average, Altamont, Illinois Electric Utility's consumers purchase residential electricity for 13.64 cents per kilowatt hour , which is less than both the state and the United States average prices of 15.50 and 16.22 cents per kilowatt hour, respectively. In 2019 Altamont, Illinois Electric Utility had retail sales of 22,879 megawatt hours. The electricity generated in the company's power plants made up 71 of the megawatt hours sourced by the company. The purchase of wholesale electricity made up an additional 26,000. Their total revenue for 2019 from electricity related activities was $2,573,000, with $2,437,000 coming from retail sales to end users.

The Illinois average monthly residential electricity bill is $104.78, while the Altamont, Illinois Electric Utility average is 1.57% less at $102.53 per month. This is the 15th lowest average monthly bill amount for a supplier in Illinois. The provider does not have ownership in any power plants and all of the electricity that they sell to their consumers must be purchased wholesale from other suppliers. Electricity facilities associated with Altamont, Illinois Electric Utility generate a total of 80 megawatt hours, which is the 75th highest of Illinois. Electricity production facilities owned or managed by the provider use non-renewable fuel sources to generate 100.00% of their total electricity production, or 80 megawatt hours. They rank 527th out of 3530 suppliers in the country.