Greenup, Illinois Electric Utility

About Greenup, Illinois Electric Utility

Greenup, Illinois Electric Utility supplies electricity in Cumberland County, Illinois. There are 917 customers receiving service from the supplier. These customers are made up of 83.32% residential properties, 16.14% commercial locations and 0.55% industrial accounts. Greenup, Illinois Electric Utility has an average residential electricity price of 13.18 cents per kilowatt hour, which is, luckily for their patrons, 15.68% lower than the average national price of 15.64 cents. The supplier had total sales and disposition of 18,912 megawatt hours in 2019, of which 17,847 megawatt hours were from sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. This category makes up 100.00% of all electricity sourced by the company. Greenup, Illinois Electric Utility earned $2,251,400 in 2019, which came entirely from sales to retail customers.

Consumers of the supplier pay an average residential electricity bill of $91.3. This is 31.19% less than the United States average of $132.69. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it at a higher rate to end customers.