Oglesby, Illinois Electric Utility

About Oglesby, Illinois Electric Utility

Oglesby, Illinois Electric Utility is a municipally owned entity supplying electricity in Oglesby in LaSalle County, Illinois. At the time of the most recent government reports, the provider showed a total of 2,313 electricity customers. This total is made up of 1.04% industrial customer accounts, 7.65% commercial customers and 91.31% residential accounts. The average residential electricity price for Oglesby, Illinois Electric Utility is around 10.13 cents per kilowatt hour, which is 25.92% lower than the average nationwide price of 13.67 cents. Of the 36,329 megawatt hours the provider sold and dispossessed, 85.32% were from sales to end users. During the same timeframe, the company obtained 36,329 megawatt hours through the wholesale market. The revenue for Oglesby, Illinois Electric Utility for 2019 from electricity sales was $4,222,000, with $4,188,000 from retail sales to end users.

The Illinois average monthly residential power bill is $91.42, while the Oglesby, Illinois Electric Utility average is 22.48% lower at $64.22 per month. This is the 4th lowest average monthly bill amount for a provider in the state. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their customers.