Electricity Rates in Renault, IL

Residents of Renault, IL benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Ameren Illinois Company serves the area.

Avg. Residential Rate 12.0¢/kWh
vs. Illinois Avg. -7.7%
vs. National Avg. -32.5%
Providers 1

Electricity Providers in Renault

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:

Renault monthly bill $106.32
Renault annual cost $1275.84
Illinois avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Renault

At 12.0¢/kWh, a typical Renault household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

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

EV Charging Costs in Renault

Charging an electric vehicle at home in Renault 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.

Frequently Asked Questions

What is the average electricity rate in Renault, IL?

The average residential electricity rate in Renault, 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 Renault?

Renault is served by 1 electricity provider. Ameren Illinois Company is the largest provider in the area.

How do Renault electricity rates compare to the rest of Illinois?

Renault'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.