Electricity rates in 62763 — Springfield, IL
Homes in ZIP 62763 pay about 11.9¢ per kWh (City of Springfield (IL), 2024 average). The Illinois average is 19.3¢ and the U.S. average 18.2¢ (Aug 2026).
What a month of electricity costs
Monthly cost at the average price of 11.9¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.
Where ZIP 62763 is
scroll or pinch to zoomUtilities serving 62763
| Utility | Home price | Avg. bill | Customers in IL |
|---|---|---|---|
| City of Springfield (IL) Municipal | 11.9¢ 2024 | $99 | 59,621 |
| Ameren Illinois Company Investor Owned · serves Sangamon | 17.9¢ Jan–Aug 2026 | $130 | 1,060,894 |
| Shelby Electric Coop, Inc. (IL) Cooperative · serves Sangamon | 18.6¢ 2024 | $193 | 9,871 |
| Menard Electric Coop Cooperative · serves Sangamon | 18.1¢ 2024 | $178 | 9,048 |
| Village of Chatham (IL) Municipal · serves Sangamon | 10.8¢ 2024 | $112 | 6,470 |
| Rural Electric Conven Coop (IL) Cooperative · serves Sangamon | 15.0¢ 2024 | $233 | 5,994 |
| Village of Riverton (IL) Municipal · serves Sangamon | 19.6¢ 2024 | $191 | 1,726 |
Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Sangamon; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.
Illinois price trend
Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the East North Central region, which includes Illinois, Indiana, Michigan, Ohio, Wisconsin.
Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.
Questions about 62763
How much does electricity cost in 62763?
About 11.9¢ per kWh for homes (City of Springfield (IL), 2024 average, EIA). At 900 kWh a month that is roughly $108.
Who is the electric utility for 62763?
City of Springfield (IL), with about 59,621 residential customers in Illinois; 6 other utilities also serve parts of the area.
Is electricity in IL getting more expensive?
The Illinois residential average was 19.3¢ per kWh in August 2026, up 7.2% from a year earlier; the U.S. average was 18.2¢.
Can I choose my electricity supplier in IL?
Illinois allows retail electricity choice for many households; the local utility still delivers the power.