Spoon River Electric
Electricity Rates, Plans & Statistics
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About Spoon River Electric
Spoon River Electric serves 4 counties in the state of Illinois including Peoria County, Knox County, Fulton County, and Schuyler County. Recently, the company reported a customer base of 5,326 customers. Exactly 348 are commercial properties, 4,977 are residential accounts and one is an industrial account. The average residential electricity rate for consumers of Spoon River Electric is approximately 22.11 cents per kilowatt hour, which ranks the company 78th out of 78 suppliers in the state and 2800th out of 2885 in the nation for average electricity rate. The company sold 66,777 megawatt hours in 2019 by way of retail sales. The electricity sourced consisted of megawatt hours that they procured by way of wholesale channels. They purchased 71,493 wholesale megawatt hours. Their total revenue for 2019 from electricity activities was $10,583,000, with 100.00% coming from retail sales to end users.
The state average monthly residential electricity bill is $100.88, while the Spoon River Electric average is 63.31% higher at $190.3 per month. Spoon River Electric is the 62nd ranked supplier in the state for average monthly bill amount. Electricity generation is not part of the Spoon River Electric business plan, as they purchase electricity at wholesale rates from other companies and then resell to their customers.
Offering net metering to consumers is a win-win situation for Spoon River Electric and residents who get their electricity from the company. Without net metering, solar panel installation is significantly less attractive economically, as individuals have no way to sell extra energy back into the grid.
Spoon River Electric Rate & Electric Bills
Spoon River Electric residential electric rates are highest in October and the highest average bill is in August.
Historical Electricity Rates:
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Spoon River Electric Overview
- Company Type:Cooperative
- Headquarters:930 South 5th Avenue
Canton, Illinois 61520
United States of America - CEO:William R. Dodds
Spoon River Electric Contact
- Website:www.srecoop.org
- Customer Service Phone:(309) 647-2700
- Contact Page:www.srecoop.org
- Social Media:
Spoon River Electric Service
- Outage Map:outages.aiec.coop
- States Served:
- Illinois
- Counties Served:
- Peoria County
- Knox County
- Fulton County
- Schuyler County
- Major Cities Served:See all cities
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Spoon River Electric Coverage Map
Spoon River Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Illinois | 5,311 | 14,444,979.25 | 45 | 100% |
Spoon River Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Fulton County | 34,022 | 55 | 21.55 | $159.32/mo |
| Knox County | 50,193 | 57 | 21.51 | $158.84/mo |
| Peoria County | 178,383 | 55 | 21.54 | $158.50/mo |
| Schuyler County | 6,953 | 59 | 21.41 | $160.25/mo |
Cities Spoon River Electric Has Coverage
- Abingdon, IL
- Astoria, IL
- Avon, IL
- Banner, IL
- Bryant, IL
- Canton, IL
- Cuba, IL
- Dunfermline, IL
- East Galesburg, IL
- Ellisville, IL
- Fairview, IL
- Farmington, IL
- Galesburg, IL
- Glasford, IL
- Hanna City, IL
- Ipava, IL
- Kingston Mines, IL
- Knoxville, IL
- Lake Camelot CDP, IL
- Lewistown, IL
- Liverpool, IL
- London Mills, IL
- Maquon, IL
- Marietta, IL
- Norris, IL
- Smithfield, IL
- St. Augustine, IL
- St. David, IL
- Table Grove, IL
- Vermont, IL
* City coverage generated based on government data. Always verify you can get service from the provider.
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Spoon River Electric FAQ:
What is the average bundled bill for Spoon River Electric customers each month?
The average monthly bundled electric bill for customers of Spoon River Electric is $190.30. The Illinois average bundled bill is $100.88 and the United States average is $100.88.
Who is the CEO of Spoon River Electric?
The current CEO of Spoon River Electric is William R. Dodds.
What is the average bundled electricity rate for Spoon River Electric customers?
Spoon River Electric's current average bundled electricity rate is 22.11 cents per kilowatt hour (¢/kWh), compared to the average Illinois bundled rate of 15.18 cents and the average US rate of 16.13 cents.
How many counties does Spoon River Electric offer service in?
There are 4 counties that receive at least some electricity coverage by Spoon River Electric including Illinois.
What is the phone number for Spoon River Electric?
Spoon River Electric's customer service phone number is (309) 647-2700
What cities does Spoon River Electric sell electricity in?
Spoon River Electric supplies in 30 cities.
