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Rankin Electricity Rates

Commercial Electricity in Rankin

^ The average commercial electricity rate in Rankin, IL is 7.92¢/kWh.[1]

Residential Electricity in Rankin

^ The average residential electricity rate in Rankin, IL is 11.85¢/kWh.[1]

Industrial Electricity in Rankin

^ The average industrial electricity rate in Rankin, IL is 5.5¢/kWh.[1]

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IL Electricity

Rankin, IL Electricity Statistics

Commercial electricity rates in Rankin


  • Commercial Electricity in Rankin
    • The average commercial electricity rate in Rankin is 7.92¢/kWh.[1]
    • This average (commercial) electricity rate in Rankin is 0.88% less than the Illinois average rate of 7.99¢/kWh.[2]
    • The average (commercial) electricity rate in Rankin is 21.51% less than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.[2]

Residential electricity rates in Rankin


  • Residential Electricity in Rankin
    • The average residential electricity rate in Rankin is 11.85¢/kWh.[1]
    • This average (residential) electricity rate in Rankin is 4.13% greater than the Illinois average rate of 11.38¢/kWh.[2]
    • The average (residential) electricity rate in Rankin is 0.25% less than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.[2]

Industrial electricity rates in Rankin


  • Industrial Electricity in Rankin
    • The average industrial electricity rate in Rankin is 5.5¢/kWh.[1]
    • This average (industrial) electricity rate in Rankin is 5.17% less than the Illinois average rate of 5.8¢/kWh.[2]
    • The average (industrial) electricity rate in Rankin is 17.54% less than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.[2]

Illinois Electricity Rates & Consumption

Commercial electricity in Illinois


  • Commercial electricity rates in IL [3]
    • The average commercial electricity rate in Illinois is 7.99¢/kWh, which ranks 46th in the nation and is 20.81% less than the national average rate of 10.09¢/kWh.[3]
  • Commercial electricity consumption in IL [3]
    • Commercial electricity consumption in Illinois averages 7,175 kWh/month, which ranks 9th in the nation and is 15.02% greater than the national average of 6,238 kWh/month.
  • Commercial electricity bills in IL [3]
    • The average monthly commercial electricity bill in Illinois is $573, which ranks 21st in the nation and is 8.9% less than the national average of $629.
  • electricity Learn more about commercial electricity in Illinois

Residential electricity in Illinois


  • Residential electricity rates in Illinois [3]
    • The average residential electricity rate in Illinois is 11.38¢/kWh, which ranks 24th in the nation and is 4.21% less than the national average rate of 11.88¢/kWh.
  • Residential electricity consumption in IL [3]
    • Residential electricity consumption in Illinois averages 767 kWh/month, which ranks 35th in the nation and is
  • Residential electricity bills in IL [3]
    • The average monthly residential electricity bill in Illinois is $87, which ranks 44th in the nation and is 18.69% less than the national average of $107 per month.
  • electricity Learn more about residential electricity in Illinois

Industrial electricity in Illinois


  • Industrial electricity rates in Illinois [3]
    • The average industrial electricity rate in Illinois is 5.8¢/kWh, which ranks 39th in the nation and is 13.04% less than the national average rate of 6.67¢/kWh.
  • Industrial electricity consumption in IL [3]
    • Industrial electricity consumption in Illinois averages 624,482 kWh/month, which ranks 3rd in the nation and is 456.79% greater than the national average of 112,158 kWh/month.
  • Industrial electricity bills in IL [3]
    • The average monthly industrial electricity bill in Illinois is $36,206, which ranks 5th in the nation and is 383.84% greater than the national average of $7,483.
  • electricity Learn more about industrial electricity in Illinois

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Household Income in Rankin, IL

Rankin, IL Income Breakdown [4]


Income Summary for Rankin, IL


    • Household income: The city of Rankin has a median household income of $57,125, versus $62,843 for the U.S.[4]
    • Compared to the U.S.: Median household income in Rankin is approximately 9 percent less than the median income for the entire United States.[4]
    • Poverty level: Approximately 6.0 percent of Rankin households have incomes below poverty level.[4]
    • Electric bills: The average residential electricity bill in Illinois is about $87/month, ranking 44th in the U.S. and 18.69% less than the national average of $107.[5]

Income: Rankin vs. Nation [4]


Additional information about Rankin

About Rankin

Rankin is a village located in Vermilion County in the state of Illinois, and has a population of approximately 561.[6]

IL Electricity

More about Rankin utilities

For more information about Rankin electricity, or for additional resources regarding electricity & utilities in your state, visit the Energy Information Administration.

Did you know?

The world’s largest source for producing electricity is coal. Coal generates nearly half of the electricity in the U.S.

Additional Cities in IL

References

1. ^ National Renewable Energy Laboratory

2. ^ U.S. Department of Energy

3. ^ U.S. Energy Information Administration (2012)

4. ^ United States Census Bureau

5. ^ U.S. Energy Information Administration

6. ^ United States Census Bureau

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