Waterloo, Illinois Electric Utility

About Waterloo, Illinois Electric Utility

Waterloo, Illinois Electric Utility is a municipally owned entity operating in Waterloo, Illinois and rural areas of Monroe County. The company has 4,857 residential accounts, 671 commercial customers and 24 industrial customers whom they provide electricity to. On average, Waterloo, Illinois Electric Utility's residential electricity price is 14.25 cents per kilowatt hour, which is 12.11% lower than the nationwide average rate of 16.22 cents. This makes the provider 1619th lowest for average electricity price out of 2885 providers in the US. The company had total sales and disposition of 91,066 megawatt hours in 2019, of which 85,257 megawatt hours were via sales to end users. The electricity produced in the company's power plants made up 0.54% of the electricity sourced by the company. The purchase of wholesale electricity made up an additional 99.46%. In 2019, the supplier made a total of $10,891,900 from business activities relating to the sale and transfer of electricity. They had revenue of $10,862,000 from retail sales to end users.

The average residential electricity bill for a consumer of Waterloo, Illinois Electric Utility is $127.84. Customers of the company pay a 16.08% markup compared to other residents of the state. Waterloo, Illinois Electric Utility generates 462 megawatt hours from their electricity plants, ranking them as the 680th largest generator of electricity of all 3530 providers in the nation. By customer count, Waterloo, Illinois Electric Utility is the 41st largest provider out of 111 electricity companies in the state. Production by the company from natural gas totals 339.1 megawatt hours, which is about 73.40% of their total generation.