Prospect Electrical
Electricity Rates, Plans & Statistics
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About Prospect Electrical
On recent government reports, the company had a total of 735 electricity customers signed up for their services. This total is made up of 88.03% residential accounts, 11.16% commercial customer accounts and 0.82% industrial accounts. On average, Prospect Electrical's residential electricity price is 12.57 cents per kilowatt hour, which is 21.03% below Ohio's average rate of 15.92 cents. This makes the supplier 40th out of 119 suppliers in the state for lowest average electricity rate. The company had sales of 9,760 megawatt hours in 2019 sold to end users. The electricity sourced by the company primarily came from megawatt hours that they acquired by way of the wholesale electricity market. They purchased 9,760 wholesale megawatt hours. The revenue for the company in 2019 from electricity sales was $1,203,000, with all revenue coming from retail sales to end users.
The state average monthly residential electric bill is $129.91, while the Prospect Electrical average is 17.93% lower at $106.12 per month. This is the 53rd lowest average monthly bill amount for a provider in the state. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it to end users.
Prospect Electrical Rate & Electric Bills
Prospect Electrical residential electric rates are highest in January and the highest average bill is in August.
Historical Electricity Rates:
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Prospect Electrical Overview
- Company Type:Municipal
- Headquarters:516 Morse Avenue
Schaumburg, Illinois 60193
United States of America - Director/Superintendent:Troy Trevathan
Prospect Electrical Contact
- Website:www.prospectelectric.com
- Customer Service Phone:(847) 506-8900
Prospect Electrical Service
- States Served:
- Illinois
- Ohio
- Counties Served:
- Cook County
- Major Cities Served:
- Table Of Contents:
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Prospect Electrical Coverage Map
Prospect Electrical State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Ohio | 735 | 1,094,000 | 115 | 100% |
Prospect Electrical County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Cook County | 5,109,292 | 49 | 19.17 | $121.72/mo |
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Prospect Electrical FAQ:
How much is the average bundled bill for Prospect Electrical customers each month?
Consumers of Prospect Electrical pay, on average, a monthly bundled bill of $106.12.
Who is the CEO of Prospect Electrical?
Troy Trevathan is the current CEO of Prospect Electrical.
What is the average bundled electricity rate for Prospect Electrical customers?
Prospect Electrical's current average bundled electricity rate is 12.57 cents per kilowatt hour (¢/kWh), compared to the average Ohio bundled rate of 15.92 cents and the average United States rate of 15.64 cents.
What is the phone number for Prospect Electrical?
The Prospect Electrical phone number is (847) 506-8900.
How many states does Prospect Electrical supply electricity in?
There are 2 states that receive at least some electricity coverage by Prospect Electrical.
