Electricity Rates in Coal valley, IL
Residents of Coal valley, IL benefit from relatively low electricity rates, averaging 7.0¢/kWh — 60.6% below the national average. MidAmerican Energy Co serves the area.
Electricity Providers in Coal valley
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| MidAmerican Energy Co | 7.0¢/kWh | 5.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 7.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Coal valley
At 7.0¢/kWh, a typical Coal valley household spends approximately $744.24/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 Coal valley
Charging an electric vehicle at home in Coal valley costs approximately $63.00/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 Coal valley, IL?
The average residential electricity rate in Coal valley, IL is 7.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $62.02 for a typical household.
Who provides electricity in Coal valley?
Coal valley is served by 1 electricity provider. MidAmerican Energy Co is the largest provider in the area.
How do Coal valley electricity rates compare to the rest of Illinois?
Coal valley's average rate of 7.0¢/kWh is 46.2% below the Illinois state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.