Red Bud, Illinois Electric Utility

About Red Bud, Illinois Electric Utility

Red Bud, Illinois Electric Utility is a municipally owned entity providing electricity in Red Bud, Illinois. On average, Red Bud, Illinois Electric Utility charges their patrons a residential electricity rate of 13.22 cents per kilowatt hour, which is 14.71% lower than the average state rate of 15.50 cents. There were a total of 43,326 megawatt hours sold to retail consumers in 2019 by the supplier. The electricity sourced by Red Bud, Illinois Electric Utility is made up of multiple sources including megawatt hours they generate and other megawatt hours acquired by way of wholesale channels. Of the electricity sourced these two categories comprise 0.28% and 99.72%, respectively. Their revenue for 2019 from electricity activities was $5,390,000, with 97.03% coming from retail sales to end users.

The Illinois average monthly residential electric bill is $104.78, while the Red Bud, Illinois Electric Utility average is 12.92% higher at $123.31 per month. Red Bud, Illinois Electric Utility ranks 35th in the state for average monthly bill amount. Based on customer count, Red Bud, Illinois Electric Utility is the 60th largest company out of 111 providers in the state. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates from other providers to then be resold to their customers. Electricity generation facilities associated with Red Bud, Illinois Electric Utility produce a total of 123 megawatt hours, which is the 727th highest in the United States out of 3530 providers.