Electricity Rates in La place, IL

La place, IL is in a deregulated electricity market with 2 providers available. The average residential rate is 14.0¢/kWh, 7.7% above the Illinois average of 13.0¢/kWh. Residents may be able to switch providers to find a lower rate.

Avg. Residential Rate 14.0¢/kWh
vs. Illinois Avg. +7.7%
vs. National Avg. -21.3%
Providers 2

Electricity Providers in La place

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

Estimated Monthly Electric Bill

Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:

La place monthly bill $124.04
La place annual cost $1488.48
Illinois avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in La place

At 14.0¢/kWh, a typical La place household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

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

EV Charging Costs in La place

Charging an electric vehicle at home in La place costs approximately $126.00/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 La place, IL?

The average residential electricity rate in La place, IL is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.

Who provides electricity in La place?

La place is served by 2 electricity providers. Ameren Illinois Company is the largest provider in the area, though rates and availability vary by specific address.

How do La place electricity rates compare to the rest of Illinois?

La place's average rate of 14.0¢/kWh is 7.7% above the Illinois state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.