Newton, Illinois Electric Utility
Electricity Rates, Plans & Statistics
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About Newton, Illinois Electric Utility
Newton, Illinois Electric Utility is a municipally owned entity serving Newton in Jasper County, Illinois. At the moment, there are 1,649 customers of the supplier. Exactly 306 of them are commercial customers and 1,343 of them are residential accounts. The average residential electricity rate for consumers of Newton, Illinois Electric Utility is around 13.02 cents per kilowatt hour, which is 16.71% lower than the average nationwide rate of 15.64 cents. In 2019 the company sold 25,572 megawatt hours to end users (known as retail sales). The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. The total revenue for Newton, Illinois Electric Utility in 2019 from electricity sales was $2,610,000, with all revenue coming from retail sales to end users.
The national average monthly residential electric bill is $132.69, while the Newton, Illinois Electric Utility average is 31.00% less at $91.55 per month. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.
Luckily, Newton, Illinois Electric Utility offers net metering choices to consumers. Without net metering, solar panel installation is significantly less attractive economically, as consumers have no way to sell extra electricity back into the grid.
Newton, Illinois Electric Utility Rate & Electric Bills
Newton, Illinois Electric Utility residential electric rates are highest in January and the highest average bill is in July.
Historical Electricity Rates:
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Newton, Illinois Electric Utility Overview
- Company Type:Municipal
- Headquarters:108 North Van Buren
Newton, Illinois 62448
United States of America - Director/Superintendent:Raymond Reynolds
Newton, Illinois Electric Utility Contact
- Website:www.cityofnewtonil.com
- Customer Service Phone:(618) 783-3139
- Contact Page:www.cityofnewtonil.com
Newton, Illinois Electric Utility Service
- Rates & Plans:www.cityofnewtonil.com
- States Served:
- Illinois
- Counties Served:
- Jasper County
- Major Cities Served:
- Table Of Contents:
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Newton, Illinois Electric Utility Coverage Map
Newton, Illinois Electric Utility State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Illinois | 1,649 | 3,071,000 | 67 | 100% |
Newton, Illinois Electric Utility County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Jasper County | 9,324 | 40 | 18.42 | $141.48/mo |
Newton, Illinois Electric Utility Reviews
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Newton, Illinois Electric Utility FAQ:
What is the phone number for Newton, Illinois Electric Utility?
You can reach Newton, Illinois Electric Utility by phone via (618) 783-3139.
What is the average bundled electricity rate for Newton, Illinois Electric Utility customers?
The average bundled price of electricity for consumers of Newton, Illinois Electric Utility is 13.02 cents per kilowatt hour (¢/kWh).
Who is the CEO of Newton, Illinois Electric Utility?
The current CEO of Newton, Illinois Electric Utility is Raymond Reynolds.
How much is the average bundled bill for Newton, Illinois Electric Utility customers each month?
Consumers of Newton, Illinois Electric Utility pay, on average, a monthly bundled bill of $91.55.
