The amount of electricity you consume every month and the rate you pay for electricity determine your monthly electricity bills. The average monthly household power bill in Lombard, IL is $131, which is determined by multiplying the average monthly consumption by the average electricity rate: 967 kWh * 14/kWh.
Electricity bills are intended to cover all of the costs of generating the electricity you use, as well as the costs of operating and maintaining the electrical grid and any public benefit programs that promote clean energy and energy efficiency. These expenses are integrated into both fixed and variable charges (i.e., monthly customer prices and /kWh used). While fixed prices will remain constant month to month, the amount of variable charges on your statement will fluctuate depending on how much electricity you use. As a result, there are two options for lowering your bills: consuming less electricity or lowering the cost of electricity, such as by installing solar panels.
How much does the average Illinois energy bill cost?
According to the EIA, the Department of Energy’s statistical arm, Illinois’ average monthly bill in 2018 was $94.98, far below the national average of $117.65. In reality, Illinois has the country’s fifth lowest average bill. Utah is the lowest at $77.25, while Hawaii is the most expensive at $168.13.
What is the typical Illinois utility rate?
On local sites that break down price comparisons and overall cost, Illinois energy customers can find a complete list of Certified Electric Illinois utilities.
In 2019, the average home electricity tariff in Illinois was 13.03 cents per kWh. The state’s residents are known for being energy efficient, with the 14th lowest average usage in the country. When compared to the rest of the United States, all of this adds up to a fairly low electricity bill. In 2018, Illinois had the 7th lowest average electricity cost in the USA, at $94.98.
What is ComEd’s current per-kWh rate?
ComEd’s combined rate for energy distribution and supply of 12.99 cents per kWh is 20% lower than the national average and 20% lower than the average rate for utilities in the top ten metropolitan areas by population, according to the most recent national data.
The average home energy cost in Alberta is $0.166 per kWh, or $166 per month, based on 1,000 kWh of usage each month. This compares to $0.167 per kWh in 2020, or $167 per month.
The Alberta Utilities Commission publishes energy rate data, which we used in our model. The retail energy rate was derived using a simple average of all monthly regulated (uncapped) rates for Direct Energy, ENMAX Energy, and EPCOR Energy during the previous 9 months.
In prior years, we calculated the average cost of distribution costs, transmission charges, rate riders, local access fees, administrative charges, and other adjustment riders using a bottom-up calculation. This year, we used a top-down approach with a simplified computation based on a “average electricity bill in Alberta.” Before arriving at our final computed figures, we made assumptions for the fixed and variable portions of these fees.
The average home energy cost in British Columbia is $0.126 per kWh, or $126 per month, based on 1,000 kWh of usage each month. This is an increase from $0.124 per kWh in 2020, approximately $124 per month.
To calculate pricing in BC, we used tiered residential rates from BC Hydro and Fortis BC. Because both utilities bill on a 60-day cycle, monthly figures were calculated by dividing fixed customer prices and tier criteria by two. Each utility was given the same weighting.
The average home energy cost in Manitoba is $0.099 per kWh, or $99 per month, based on 1,000 kWh of usage each month. This is an increase from $0.096 per kWh in 2020, approximately $96 per month.
We used Manitoba Hydro’s normal home rate data to do our estimates.
The average home energy cost in New Brunswick is $0.127 per kWh, or $127 per month, based on 1,000 kWh of usage each month. It costs the same as it did in 2020.
We utilized the average urban residential rates published by NB Power and Saint John Energy to compute power rates in New Brunswick. Each utility was given the same weighting.
Newfoundland & Labrador
In Newfoundland and Labrador, the average home power cost is $0.138 per kWh, or $138 per month, assuming 1,000 kWh of usage each month. It costs the same as it did in 2020.
In our estimates, we used residential rates issued by Newfoundland Power and Newfoundland Labrador Hydro. Each utility was given the same weighting.
The average home energy cost in Nova Scotia is $0.171 per kWh, or $171 per month, based on 1,000 kWh of usage each month. This is an increase from $0.150 per kWh in 2020, approximately $150 per month.
The data was compiled using domestic rates released by Nova Scotia Power, as well as the Fuel Adjustment Mechanism.
The average monthly cost of electricity in the Northwest Territories is $0.382 per kWh, or $382 per month, based on 1,000 kWh of usage. This compares to $0.387 per kWh in 2020, or $387 per month.
We used a weighted average of price data supplied by the Northwest Territories Power Corporation and Northland Utilities to calculate rates in the Northwest Territories. Our methodology effectively uses tiered pricing with a threshold of 800kWh per month to account for the Territorial Power Support Program (the average of the two seasonal allowances). Riders who needed to be adjusted were accommodated. We used both hydro and thermal rates.
The average monthly cost of electricity in Nunavut is $0.375 per kWh, or $375 per month, based on 1,000 kWh of usage. It costs the same as it did in 2020.
We used an average of all community prices published by Qulliq Energy Corporation, as well as the Nunavut Electricity Subsidy, in our calculations. Between the two seasons, the subsidy threshold was averaged.
The average monthly cost of electricity in Ontario is $0.130 per kWh, or $130 per month, based on 1,000 kWh of usage. This is an increase from $0.125 per kWh in 2020, approximately $125 per month.
Our model is based on the Ontario Energy Board’s time-of-use rates, with 68 percent of consumption occurring off-peak, 18 percent mid-peak, and 18 percent on-peak. The revised Ontario Electricity Rebate is also taken into account.
Alectra Utilities, Atikokan Hydro, Centre Wellington Hydro, Hydro One, London Hydro, Niagara-on-the-Lake Hydro, Hydro Ottawa, Toronto Hydro, Veridian Connections, and Wasaga Distribution have averaged variable delivery and regulatory charges using the OEB Bill Calculator.
Prince Edward Island
The average monthly cost of electricity on Prince Edward Island is $0.174 per kWh, or $174 per month, based on 1,000 kWh of usage. This compares to $0.168 per kWh in 2020, or $168 per month.
We used the Maritime Electric tiered residential urban rates for our computations.
The average monthly cost of energy in Qubec is $0.073 per kWh, or $73 per month, based on 1,000 kWh of usage. It costs the same as it did in 2020.
Our calculations were based on Hydro-announced Qubec’s tiered residential pricing. We believed that everyday usage would be consistent.
The average monthly cost of energy in Saskatchewan is $0.181 per kWh, or $181 per month, based on 1,000 kWh of usage. This compares to $0.182 per kWh in 2020, or $182 per month.
Saskatchewan’s electricity is provided by three major utility companies: Saskpower, Saskatoon Light and Power, and Swift Current Light and Power. Rates differ slightly each utility, therefore we considered the average of all three in our calculations. The rates were based on standard city residential rate classes.
The average monthly cost of energy in the Yukon Territory is $0.187 per kWh, or $187 per month, based on 1,000 kWh of usage. This compares to $0.145 per kWh in 2020, or $145 per month.
We used the prices and riders issued by Yukon Energy and Atco Electric Yukon for our calculations, removing the tariffs for Old Crow. In our model, we used all three price tiers.
What is the best way to estimate my electric bill?
You’ll need to find out how much energy each of your appliances and electronic devices use in order to compute your electric bill. Estimating your electricity usage would be as simple as looking at an itemized supermarket ticket in an ideal world. You’d be able to see just how much you spend on the dishwasher, laundry, TV, and a month’s supply of hot water. That technology is growing closer every day, but for now, you’ll have to perform some arithmetic or spend some money to get an appliance-by-appliance analysis.
In Illinois, is gas less expensive than electricity?
In the United States, gas is less expensive than electricity, and for cold-weather cities like Chicago, a gas furnace is a better option than electric heaters.
How much does the average Chicago energy bill cost?
Electricity is the most expensive of all the different utilities. In Chicago, the average cost of electricity is 14.8 cents per kWh. To give you an idea, a 750 square foot apartment uses 750 kWh a month on average.
Given this, the average monthly cost of power in Chicago is $105 per month. However, the price varies depending on the service provider.
Of course, the cost of your appliance, the amount of heat or air conditioning you require, and your consumption habits all play a role.
What’s the deal with my ComEd bill being so high this month?
Your bill might be affected by a variety of factors. Days that are extremely hot or cold can have an influence on your heating and cooling expenditures, as well as produce swings in your usage. Other seasonal goods such as space heaters, pool pumps, and dehumidifiers may be used differently.
When is the best time to buy electricity?
Late at night or early in the morning, electricity is often cheaper, thus those are the times when you can save money on your power bill. This is due to the fact that these are off-peak hours, when fewer people are utilizing electricity.
Why are electricity costs so high at the moment?
Due to supply and demand on the global wholesale market, energy prices are skyrocketing for households. This has increased the amount that suppliers pay for gas and electricity, which is being passed on to consumers.