Norris Electric

About Norris Electric

Norris Electric serves electricity to 11 counties in Illinois including counties like Knox County, Effingham County, Shelby County, Sullivan County, and Crawford County. The entity is an electric cooperative. At the time of the most recent government reports, the provider had a total of 20,210 electricity customers signed on for their services. This total is made up of 89.08% residential customer accounts, 10.86% commercial customer accounts and 0.06% industrial customers. On average, Norris Electric charges their customers a residential electricity price of 12.75 cents per kilowatt hour, which is 20.06% below the state's average price of 15.95 cents and 18.32% less than the national average of 15.61 cents. In 2022 the company sold 92.28% of their total megawatt hours disposed via normal retail sales to end users. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 386,123 megawatt hours procured by the company. Their total revenue in 2022 from electricity activities was $46,490,000, the entirety of which came from retail sales to end users.

Consumers of the company pay an average monthly residential electric bill of $151.42. This is 35.82% more than the Illinois average bill of $103.69. Electricity production is not part of the Norris Electric business plan, as they purchase electricity at wholesale rates and then resell to their consumers.