Jo-Carroll Energy Cooperative

About Jo-Carroll Energy Cooperative

Jo-Carroll Energy Cooperative provides electricity for 4 counties in Illinois. The entity is an electric cooperative. There are 18,921 residential customers, 3,591 commercial customer accounts and 83 industrial customer accounts receiving electricity from the company. Customers of Jo-Carroll Energy Cooperative spend, on average, 19.40 cents per kilowatt hour for their residential electricity. This is 20.82% higher than the US average rate of 16.06 cents. In 2023 Jo-Carroll Energy Cooperative sold 96.89% of their megawatt hours via normal retail sales to end users and 1.02% to other providers on the wholesale market. The electricity sourced by Jo-Carroll Energy Cooperative is made up of multiple electricity sources including 167 megawatt hours generated by electricity facilities they own and 338,696 purchased via wholesale channels. In 2023 the company had total electricity related revenue of $52,928,900, with 96.58% coming from retail sales and 0.77% from wholesale sales.

Patrons of the provider pay an average monthly residential power bill of $152.38. This is 38.24% more than the state average bill of $99.12. Electricity generation is not part of the Jo-Carroll Energy Cooperative business plan, as they purchase electricity at wholesale rates from other companies and then resell to their consumers. The power grid operated by the provider experiences an average of 0.27 outages per consumer each year, with outages lasting on average 31.13 minutes. The nationwide average for other suppliers is 1.44 outages per consumer and about 123.49 minutes per outage.