Electricity Rates in New canton, IL
Residents of New canton, IL benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Ameren Illinois Company serves the area.
Electricity Providers in New canton
| 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:
Solar Savings in New canton
At 12.0¢/kWh, a typical New canton household spends approximately $1275.84/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 canton
Charging an electric vehicle at home in New canton 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.
Nearby Cities in Illinois
Frequently Asked Questions
What is the average electricity rate in New canton, IL?
The average residential electricity rate in New canton, 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 New canton?
New canton is served by 1 electricity provider. Ameren Illinois Company is the largest provider in the area.
How do New canton electricity rates compare to the rest of Illinois?
New canton'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.