Electricity rates in Lakewood, IL
Lakewood (3,843 people, Shelby County) is served by Shelby Electric Co-op. Homes on Shelby Electric Co-op pay about 22.87¢/kWh, 22% more than the Illinois average.
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Electric companies serving Lakewood
| Utility | Type | Rate | Avg bill | Homes (statewide) | Outage min |
|---|---|---|---|---|---|
| Shelby Electric Co-op | Electric cooperative | 22.87¢ | $249 | 9,882 | — |
Power outages in Shelby County right now
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Outage history in Shelby County
| 2024 | 2025 | |
|---|---|---|
| Outage minutes per customer | 700 | 621 |
| Days with outages | 67 | 75 |
| Most customers out at once | 1,779 (31.2%) | 1,620 (28.4%) |
| Worst day | 2024-04-19 | 2025-05-09 |
Outage minutes by month, 2025
Less outage time than 2024 (700 min). Data: ORNL EAGLE-I county outage snapshots every 15 minutes, covering all utilities in the county.
Nearby cities
- Crystal Lake 19.2¢
- Lake in the Hills 19.2¢
- Algonquin 19.2¢
- Huntley 19.2¢
- Oakwood Hills 19.2¢
- Prairie Grove 19.2¢
- Cary 19.2¢
- Bull Valley 19.2¢
- Fox River Grove 19.2¢
- Woodstock 19.2¢
ZIP codes: 62438
Frequently asked questions
What is the electricity rate in Lakewood?
Most homes in Lakewood get power from Shelby Electric Co-op, where residential customers pay an average of 22.87¢/kWh including all charges. The Illinois average is 18.79¢ and the U.S. average 17.99¢.
What is the average electric bill in Lakewood?
About $249 a month, based on 1,087 kWh a month (the average for Shelby Electric Co-op customers) at 22.87¢/kWh. Homes with electric heat, pools or EVs pay more.
Who is the electric company in Lakewood, IL?
Shelby Electric Co-op serves Lakewood.
How often does the power go out in Lakewood?
In 2025, customers in Shelby County averaged 10 hr 21 min without power. Outages hit 75 days of the year, and the worst day was 2025-05-09, when 1,620 customers (28.4%) were out. Source: ORNL EAGLE-I.