Electricity Rates in Malden, IL
Malden, IL is in a deregulated electricity market with 2 providers available. The average residential rate is 13.0¢/kWh, close to the Illinois average of 13.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Malden
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Ameren Illinois Company | 12.0¢/kWh | 9.0¢/kWh | Investor Owned |
| Corn Belt Energy Corporation | 16.0¢/kWh | 13.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Malden
At 13.0¢/kWh, a typical Malden household spends approximately $1382.16/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 Malden
Charging an electric vehicle at home in Malden costs approximately $117.00/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 Malden, IL?
The average residential electricity rate in Malden, IL is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Malden?
Malden 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 Malden electricity rates compare to the rest of Illinois?
Malden's average rate of 13.0¢/kWh is close to the Illinois state average of 13.0¢/kWh. Rates are typical for the region.