Electricity Rates in Mount carmel, IL

Mount carmel, IL is in a deregulated electricity market with 3 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.

Avg. Residential Rate 15.0¢/kWh
vs. Illinois Avg. +15.4%
vs. National Avg. -15.6%
Providers 3

Electricity Providers in Mount carmel

Utility Residential Rate Commercial Rate Type
Ameren Illinois Company 12.0¢/kWh 9.0¢/kWh Investor Owned
Mt Carmel Public Utility Co 19.0¢/kWh 19.0¢/kWh Investor Owned
Wayne-White Counties Elec Coop 17.0¢/kWh 12.0¢/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:

Mount carmel monthly bill $132.90
Mount carmel annual cost $1594.80
Illinois avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Mount carmel

At 15.0¢/kWh, a typical Mount carmel household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

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

EV Charging Costs in Mount carmel

Charging an electric vehicle at home in Mount carmel 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.

Frequently Asked Questions

What is the average electricity rate in Mount carmel, IL?

The average residential electricity rate in Mount carmel, 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 Mount carmel?

Mount carmel is served by 3 electricity providers. Ameren Illinois Company is the largest provider in the area, though rates and availability vary by specific address.

How do Mount carmel electricity rates compare to the rest of Illinois?

Mount carmel'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.