Electricity Rates in Park ridge, IL
Residents of Park ridge, IL benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Commonwealth Edison Co serves the area.
Electricity Providers in Park ridge
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Commonwealth Edison Co | 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 Park ridge
At 12.0¢/kWh, a typical Park ridge 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 Park ridge
Charging an electric vehicle at home in Park ridge 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 Park ridge, IL?
The average residential electricity rate in Park ridge, 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 Park ridge?
Park ridge is served by 1 electricity provider. Commonwealth Edison Co is the largest provider in the area.
How do Park ridge electricity rates compare to the rest of Illinois?
Park ridge'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.