Menard Electric
Electricity Rates, Plans & Statistics
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About Menard Electric
Menard Electric is an electric cooperative providing electricity in Illinois. The supplier has 9,698 residential customers, 755 commercial customers and 1,266 industrial customer accounts in their service area that they supply electricity to. The average residential electricity price for consumers of Menard Electric is about 18.56 cents per kilowatt hour. This is 14.93% higher than the national average rate of 16.15 cents, ranking the provider at 2628th lowest for average electricity price out of 2885 providers in the nation. They had sales of 200,088 megawatt hours in 2023 through retail sales. Wholesale power purchases made up 100.00% of all electricity sourced by the company . Exactly 216,322 megawatt hours were purchased via the wholesale market. The total revenue for Menard Electric in 2023 from electricity sales was $33,993,200, with $33,762,000 coming from retail sales to end users.
The US average monthly residential electricity bill is $142.37, while the Menard Electric average is 45.15% higher at $206.64 per month. Menard Electric ranks 2784th in the nation for average monthly bill total. The company's consumers deal with an average of 1.46 power outages per consumer each year. These outages go on for an average of 98.36 minutes, while the national average is 1.44 outages per customer and 123.49 minutes an outage. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates and then resell to their end users.
Thankfully, Menard Electric allows consumers to participate in net metering programs. This is a positive for any customer potentially purchasing personal solar panels, as net metering allows them to sell their excess electricity back to the grid.
Losing electricity from heat dissipation during electricity transmission and other causes is part of operating in the electricity generation business. Suppliers are required to report these losses to government agencies who track electricity infrastructure efficiencies. Menard Electric recently reported an annual loss of about 7.41% of the electricity that they generate. These averages allow us to compare and contrast the grid efficiencies of the various suppliers who operate throughout the US. Menard Electric has earned a rank of 1336th best out of 3530 suppliers who report energy loss in the nation and 29th best out of 111 in the state.
Menard Electric Rate & Electric Bills
Menard Electric residential electric rates are highest in November and the highest average bill is in August.
Historical Electricity Rates:
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Menard Electric Overview
- Company Type:Cooperative
- Headquarters:14300 State Highway 97
Petersburg, Illinois 62675
United States of America - CEO:D. Jay Frye
Menard Electric Contact
- Website:www.menard.com
- Customer Service Phone:(800) 872-1203
- Contact Page:www.menard.com
- Social Media:
Menard Electric Service
- Rates & Plans:www.menard.com
- Outage Map:www.menard.com
- Outage Phone:(800) 872-1203
- States Served:
- Illinois
- Counties Served:
- Sangamon County
- Tazewell County
- Macon County
- Morgan County
- Logan County
- Major Cities Served:See all cities
Energy Loss
Menard Electric's energy loss due to business operations.
Total Energy Loss
16,030MWh
1336 National Rank
Grid Reliability
Length & Frequency of Menard Electric's Power Outages
98.36 min.
vs. national average of 123.49 min.
1.46 outages/yr
vs. national average of 1.44
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Menard Electric Coverage Map
Menard Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Illinois | 11,658 | 51,390,739.29 | 22 | 100% |
Menard Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Cass County | 13,058 | 57 | 21.53 | $161.88/mo |
| Logan County | 28,238 | 56 | 21.53 | $161.11/mo |
| Macon County | 101,483 | 57 | 21.53 | $161.88/mo |
| Mason County | 13,225 | 55 | 21.52 | $161.42/mo |
| Menard County | 12,343 | 55 | 21.52 | $161.42/mo |
| Morgan County | 33,189 | 57 | 21.56 | $162.99/mo |
| Sangamon County | 194,534 | 59 | 21.46 | $161.13/mo |
| Schuyler County | 6,953 | 59 | 21.49 | $161.94/mo |
| Tazewell County | 129,911 | 56 | 21.53 | $160.48/mo |
Cities Menard Electric Has Coverage
- Arenzville, IL
- Ashland, IL
- Athens, IL
- Bath, IL
- Beardstown, IL
- Broadwell, IL
- Browning, IL
- Buffalo, IL
- Cantrall, IL
- Chandlerville, IL
- Dawson, IL
- Delavan, IL
- Easton, IL
- Elkhart, IL
- Emden, IL
- Forest City, IL
- Forsyth, IL
- Green Valley, IL
- Greenview, IL
- Havana, IL
- Illiopolis, IL
- Kilbourne, IL
- Lincoln, IL
- Manito, IL
- Mason City, IL
- Mechanicsburg, IL
- Middletown, IL
- Mount Pulaski, IL
- New Holland, IL
- Niantic, IL
- Oakford, IL
- Pekin, IL
- Petersburg, IL
- Pleasant Plains, IL
- Riverton, IL
- San Jose, IL
- Sherman, IL
- South Pekin, IL
- Spaulding, IL
- Tallula, IL
- Topeka, IL
- Virginia, IL
- Warrensburg, IL
- Williamsville, IL
* City coverage generated based on government data. Always verify you can get service from the provider.
Menard Electric Reviews
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Menard Electric FAQ:
How many counties does Menard Electric supply electricity in?
Menard Electric provides electricity to customers in 9 counties throughout the country.
What is the average bundled bill for Menard Electric customers each month?
The average monthly bundled electric bill for customers of Menard Electric is $206.64. The Illinois average bundled bill is $102.39 and the US average is $102.39.
What is the average bundled electricity rate for Menard Electric customers?
Menard Electric's current average bundled electricity rate is 18.56 cents per kilowatt hour (¢/kWh), compared to the average Illinois bundled rate of 15.25 cents and the average US rate of 16.15 cents.
When will Menard Electric power be restored?
Menard Electric's outages last, on average, around 98.356 minutes per outage.
What is the phone number for Menard Electric?
You can reach Menard Electric by phone via (800) 872-1203.
Who is the CEO of Menard Electric?
D. Jay Frye is the current CEO of Menard Electric.
What cities does Menard Electric provider electricity to?
Menard Electric provides electricity to 44 cities in the United States including Illinois.
