Monroe County Electric Cooperative

About Monroe County Electric Cooperative

Monroe County Electric Cooperative is an electric cooperative. The largest city served by the provider is Belleville, but the company also supplies electricity to 16 cities in Illinois. Electricity providers must regularly report the total number of customers signed on for their services to government agencies. In the most recent report the company reported 7,517 customers receiving their services. Around 97.54% of these are residential accounts, 2.02% are commercial accounts and 0.44% are industrial properties. Monroe County Electric Cooperative charges their consumers a residential electricity price of 15.39 cents per kilowatt hour on average, resulting in the company ranking 58th out of 78 companies in the state and 2364th out of 2893 in the country. Of the 127,617 megawatt hours the provider sold and dispossessed, 120,131 were from sales to end users. Of the megawatt hours they sourced, 127,617 megawatt hours were purchased on wholesale channels. The revenue for the company for 2019 from electricity sales was $17,571,000, with 98.86% coming from retail sales to end users.

The national average monthly residential electric bill is $132.69, while the Monroe County Electric Cooperative average is 32.82% higher at $176.24 per month. Monroe County Electric Cooperative is the 2692nd ranked company in the nation for average monthly bill total. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.