Menard Electric
About Menard Electric
With their main offices in Petersburg, Illinois, Menard Electric offers electricity services 9 counties throughout Illinois and is classified as an electric cooperative. Electricity companies must regularly report the number of customers they have to government agencies. In the most recent report the supplier reported a total of 1,255 industrial customers, 581 commercial customers and 9,104 residential customers receiving electricity from the company. This is the whole of their customer base. Menard Electric bills their patrons a residential electricity rate of 15.54 cents per kilowatt hour on average, which is 19.63% more than the state's average price of 12.99 cents. This makes the company 67th out of 79 suppliers in Illinois for lowest average electricity price. Of the 216,129 megawatt hours the company sold and dispossessed, 199,542 were via sales to end users. The electricity sourced by Menard Electric is made up of primarily wholesale purchased megawatt hours, with 216,129 megawatt hours purchased by the company. In 2020 they had total electricity related revenue of $28,892,300, with 99.09% from retail sales.
The average monthly residential power bill for a customer of Menard Electric is $164.58 per month, while the US average is $117.93. Customers of the supplier have a 39.56% markup compared to the rest of the nation. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other companies and then resell to their customers.
Menard Electric, luckily, offers net metering options to consumers. Installation of solar panels and alternative electricity sources is often too expensive for citizens. Net metering allows purchasers of these electricity sources to sell excess wattage back to the grid, making the installation of these alternative sources financially possible .
Energy loss is always a reality when dealing with electricity transmission. Menard Electric currently averages a loss of approximately 7.57% of the aggregate electricity they transmit. Menard Electric's energy loss numbers give them a ranking of 27th best out of the 73 providers that operate in the state and report energy loss and 1318th best out of 3510 in the nation.
Menard Electric Rate & Electric Bills
Menard Electric residential electric rates are highest in January and the highest average bill is in April.
Historical Electric Rates:
Menard Electric Overview
- Company Type:Cooperative
- Headquarters:14300 State Highway 97
Petersburg, Illinois 62675
United States of America - CEO:D. Jay Frye
Menard Electric Contact
- Website:www.menard.com
- Customer Service Phone:(800) 872-1203
- Contact Page:www.menard.com
- Social Media:
Menard Electric Service
- Rates & Plans:www.menard.com
- Outage Map:www.menard.com
- Outage Phone:(800) 872-1203
- States Served:
- Illinois
- Counties Served:
- Sangamon County
- Tazewell County
- Macon County
- Morgan County
- Logan County
- Major Cities Served:See all cities
- Table Of Contents:
Energy Loss
Menard Electric's energy loss due to business operations.
Total Energy Loss
16,367MWh
1318 National Rank
Menard Electric Coverage Map
Menard Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Illinois | 10,940 | 28,628,100 | 25 | 100% |
Menard Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Cass County | 12,147 | 3 | 12.65 | $119.26/mo |
| Logan County | 28,618 | 3 | 12.33 | $114.96/mo |
| Macon County | 104,009 | 4 | 12.55 | $117.70/mo |
| Mason County | 13,359 | 2 | 12.50 | $117.68/mo |
| Menard County | 12,196 | 2 | 12.50 | $117.68/mo |
| Morgan County | 33,658 | 4 | 12.90 | $123.84/mo |
| Sangamon County | 194,672 | 7 | 12.20 | $121.72/mo |
| Schuyler County | 6,768 | 4 | 12.34 | $116.47/mo |
| Tazewell County | 131,803 | 3 | 11.93 | $108.85/mo |
Cities Menard Electric Has Coverage
- Arenzville, IL
- Ashland, IL
- Athens, IL
- Bath, IL
- Berlin, IL
- Broadwell, IL
- Buffalo, IL
- Cantrall, IL
- Chandlerville, IL
- Clear Lake, IL
- Curran, IL
- Dawson, IL
- Delavan, IL
- Easton, IL
- Elkhart, IL
- Forest City, IL
- Grandview, IL
- Green Valley, IL
- Greenview, IL
- Havana, IL
- Illiopolis, IL
- Jerome, IL
- Kilbourne, IL
- Kingston Mines, IL
- Leland Grove, 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
- Rochester, IL
- San Jose, IL
- Sherman, IL
- South Pekin, IL
- Southern View, IL
- Spaulding, IL
- Springfield, 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
Write a Review of Menard Electric
Menard Electric FAQ:
What is the average bundled bill for Menard Electric customers each month?
Customers of Menard Electric pay, on average, a monthly bundled bill of $164.58.
What is the phone number for Menard Electric?
You can reach Menard Electric by phone via (800) 872-1203.
What is the average bundled electricity rate for Menard Electric customers?
Menard Electrics current average bundled electricity rate is 15.54 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.99 cents and the average nationwide rate of 13.26 cents.
Who is the CEO of Menard Electric?
D. Jay Frye is the current CEO of Menard Electric.
How many counties does Menard Electric provider electricity to?
Menard Electric supplies electricity in 9 counties in the US.
What cities does Menard Electric have customers in to?
Menard Electric provides electricity to 50 cities throughout the United States including, Illinois.
