Electricity Rates in New boston, IL
New boston, IL is in a deregulated electricity market with 2 providers available. The average residential rate is 10.0¢/kWh, 23.1% below the Illinois average of 13.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in New boston
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Ameren Illinois Company | 12.0¢/kWh | 9.0¢/kWh | Investor Owned |
| MidAmerican Energy Co | 7.0¢/kWh | 5.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 10.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in New boston
At 10.0¢/kWh, a typical New boston household spends approximately $1063.20/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 New boston
Charging an electric vehicle at home in New boston costs approximately $90.00/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 New boston, IL?
The average residential electricity rate in New boston, IL is 10.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $88.60 for a typical household.
Who provides electricity in New boston?
New boston 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 New boston electricity rates compare to the rest of Illinois?
New boston's average rate of 10.0¢/kWh is 23.1% below the Illinois state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.