Electricity Rates in Cerro gordo, IL
Cerro gordo, IL is in a deregulated electricity market with 4 providers available. The average residential rate is 15.0¢/kWh, 15.4% above the Illinois average of 13.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Cerro gordo
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Ameren Illinois Company | 12.0¢/kWh | 9.0¢/kWh | Investor Owned |
| Coles-Moultrie Electric Coop | 17.0¢/kWh | 15.0¢/kWh | Cooperative |
| Eastern Illinois Elec Coop | 17.0¢/kWh | 15.0¢/kWh | Cooperative |
| Shelby Electric Coop, Inc - (IL) | 19.0¢/kWh | 13.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Cerro gordo
At 15.0¢/kWh, a typical Cerro gordo household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Cerro gordo
Charging an electric vehicle at home in Cerro gordo costs approximately $135.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Illinois
Frequently Asked Questions
What is the average electricity rate in Cerro gordo, IL?
The average residential electricity rate in Cerro gordo, IL is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Cerro gordo?
Cerro gordo is served by 4 electricity providers. Ameren Illinois Company is the largest provider in the area, though rates and availability vary by specific address.
How do Cerro gordo electricity rates compare to the rest of Illinois?
Cerro gordo's average rate of 15.0¢/kWh is 15.4% above the Illinois state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.