Electricity Cost in 62950 62950, IL
Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)
16.27¢
per kWh
$115
avg monthly bill
$1380
annual cost
1.7%
energy burden
Rate Comparison
| Location | Rate (¢/kWh) | Monthly Bill |
|---|---|---|
| 62950 62950 | 16.27¢ | $115 |
| Illinois (state avg) | 16.27¢ | $115 |
| National Average | 17.22¢ | $134 |
Energy Burden
Households in 62950 62950 spend approximately 1.7% of their median income ($81,813/year) on electricity. The U.S. Department of Energy considers an energy burden above 6% to be "high." At 1.7%, this ZIP code is within the affordable range.
Appliance Running Costs in 62950
| Appliance | Watts | Monthly Cost |
|---|---|---|
| Air Purifier | 50W | $5.8572 |
| Blender | 400W | $0.19523999999999997 |
| CFL Bulb (13W) | 13W | $0.507624 |
| Cable / Satellite Box | 35W | $4.10004 |
| Ceiling Fan | 75W | $4.392899999999999 |
| Central Air Conditioner | 3500W | $136.66799999999998 |
| Chest Freezer | 80W | $9.371519999999999 |
| Clothes Dryer (Electric) | 3000W | $14.642999999999999 |
| Coffee Maker | 900W | $1.0982249999999998 |
| Crypto Mining Rig | 1500W | $175.71599999999998 |
Based on 16.27¢/kWh electricity rate and typical daily usage hours.
Other ZIP Codes in Illinois
Frequently Asked Questions
What is the average electricity rate in 62950 62950?
The average residential electricity rate in 62950 62950, IL is 16.27¢ per kWh, which is near the national average of 17.22¢/kWh.
How much is the average electric bill in 62950?
The estimated average monthly electricity bill in 62950 62950 is $115, or about $1380 per year.
What is the energy burden in 62950?
The energy burden in 62950 62950 is approximately 1.7% of median household income ($81,813/year).