Electricity Rates in East peoria, IL

Residents of East peoria, IL benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Ameren Illinois Company serves the area.

Avg. Residential Rate 12.0¢/kWh
vs. Illinois Avg. -7.7%
vs. National Avg. -32.5%
Providers 1

Electricity Providers in East peoria

Utility Residential Rate Commercial Rate Type
Ameren Illinois Company 12.0¢/kWh 9.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:

East peoria monthly bill $106.32
East peoria annual cost $1275.84
Illinois avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in East peoria

At 12.0¢/kWh, a typical East peoria household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in East peoria

Charging an electric vehicle at home in East peoria costs approximately $108.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in East peoria, IL?

The average residential electricity rate in East peoria, IL is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.

Who provides electricity in East peoria?

East peoria is served by 1 electricity provider. Ameren Illinois Company is the largest provider in the area.

How do East peoria electricity rates compare to the rest of Illinois?

East peoria's average rate of 12.0¢/kWh is 7.7% below the Illinois state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.