Bannockburn Electricity Rates

Commercial electricity rates in Bannockburn

• Commercial Electricity in Bannockburn
• • The average commercial electricity rate in Bannockburn is 4.05¢/kWh.^[1]
  • This average (commercial) electricity rate in Bannockburn is 49.31% less than the Illinois average rate of 7.99¢/kWh.^[2]
  • The average (commercial) electricity rate in Bannockburn is 59.86% 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 Bannockburn

• Residential Electricity in Bannockburn
• • The average residential electricity rate in Bannockburn is 10.44¢/kWh.^[1]
  • This average (residential) electricity rate in Bannockburn is 8.26% less than the Illinois average rate of 11.38¢/kWh.^[2]
  • The average (residential) electricity rate in Bannockburn is 12.12% 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 Bannockburn

• Industrial Electricity in Bannockburn
• • The average industrial electricity rate in Bannockburn is 1.39¢/kWh.^[1]
  • This average (industrial) electricity rate in Bannockburn is 76.03% less than the Illinois average rate of 5.8¢/kWh.^[2]
  • The average (industrial) electricity rate in Bannockburn is 79.16% 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]

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.
• 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.
• 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.
• Learn more about industrial electricity in Illinois

Bannockburn, IL Income Breakdown ^[4]

Income Summary for Bannockburn, IL

• • Household income: The city of Bannockburn has a median household income of $174,091, versus $58,522 for the U.S.^[4]
  • Compared to the U.S.: Median household income in Bannockburn is approximately 197 percent greater than the median income for the entire United States.^[4]
  • Poverty level: Approximately 9 percent of Bannockburn 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: Bannockburn vs. Nation ^[4]