Electricity Rates in Taylor ridge, IL
Residents of Taylor ridge, IL benefit from relatively low electricity rates, averaging 7.0¢/kWh — 60.6% below the national average. MidAmerican Energy Co serves the area.
Electricity Providers in Taylor ridge
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| MidAmerican Energy Co | 7.0¢/kWh | 5.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 7.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Taylor ridge
At 7.0¢/kWh, a typical Taylor ridge household spends approximately $744.24/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 Taylor ridge
Charging an electric vehicle at home in Taylor ridge costs approximately $63.00/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 Taylor ridge, IL?
The average residential electricity rate in Taylor ridge, IL is 7.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $62.02 for a typical household.
Who provides electricity in Taylor ridge?
Taylor ridge is served by 1 electricity provider. MidAmerican Energy Co is the largest provider in the area.
How do Taylor ridge electricity rates compare to the rest of Illinois?
Taylor ridge's average rate of 7.0¢/kWh is 46.2% below the Illinois state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.