CutYourElectric

City of Waterloo electricity rates

Municipal utility · Illinois

Residential rate
14.96¢
per kWh incl. all charges
Avg. monthly bill
$206
1,375 kWh/month
vs. Illinois
-20%
state avg 18.79¢
Homes served
5,220
21st cheapest of 62 in IL

City of Waterloo is a city-owned municipal utility, governed locally rather than by the state commission, serving 5,220 homes in Illinois. Its residential customers pay an average of 14.96¢/kWh including fixed and delivery charges, 17% less than the U.S. average.

Rate basis: EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend. This utility files EIA's short form, which reports total sales only, so the rate covers all customer classes.

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City of Waterloo bill estimates

Monthly useAt average all-in rateBase tariff charges*
500 kWh$74.80$62.34
1,000 kWh$149.60$116.67
1,500 kWh$224.40$171.01
2,000 kWh$299.20$225.34

*Residential (effective 2014-06-16, $8.00/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.

City of Waterloo residential rate plans

PlanEffectiveCustomer chargeEnergy charges
Residential2014-06-16$8.00 10.87¢

Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.

City of Waterloo rate history

City of Waterloo annual average residential price 12¢13¢15¢17¢18¢ 201520172020202220242025 2015: 13¢2016: 13¢2017: 13¢2018: 13¢2020: 13¢2021: 13¢2022: 12¢2023: 13¢2024: 14¢2025: 14¢
City of WaterlooIllinois avg

2015–2025: +11% change in the average residential rate (12.69¢ → 14.09¢). Annual EIA-861 data.

Outages & reliability

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Reliability history

City of Waterloo doesn't report reliability metrics to EIA (common for small utilities).

Outages in counties served (2025)

From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across City of Waterloo's counties, customers averaged 14 hr 42 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Monroe882549,1592025-03-15

City of Waterloo service area

City of Waterloo serves Monroe County in Illinois and 1 ZIP codes.

Counties served by City of Waterloo

Monroe

Programs, smart meters & solar

Smart meters (AMI) for homes100%
Time-based rate programsNone reported
Net-metered solar homes0 reported

City of Waterloo at a glance

OwnershipMunicipal utility
Services—
Retail revenue (2025)$12,130,000
Electricity sold (2025)86,112 MWh
Balancing authorityMISO
EIA utility ID20180

Other utilities in Illinois

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Frequently asked questions

What is City of Waterloo's electricity rate?

City of Waterloo residential customers pay an average of 14.96¢ per kWh, all charges included (EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend). That's 20% below the Illinois average of 18.79¢ and 17% below the U.S. average.

What is the average City of Waterloo electric bill?

About $206 a month. The average City of Waterloo home uses 1,375 kWh a month. At 1,000 kWh the bill would be about $150.

How many customers does City of Waterloo have?

City of Waterloo serves 5,220 residential customers in Illinois, across 1 county.

Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with City of Waterloo before making decisions.