Beatrice Lang
In the classic board game Monopoly, the Electric Company is one of the two Utilities a player can land on. The other is the Water Works. If a player lands on the Electric Company, they must pay the owner of the Utility a rent cost calculated by multiplying the sum of the numbers on the dice by 4 if the owner owns one Utility, or by 10 if the owner owns both Utilities. For example, if a player rolls a 3 and a 4 and lands on the Electric Company, they owe the owner of the Utility $(3+4)\times4 = $28$. If the owner owns both Utilities, the player owes $(3+4)\times10 = $70$.
| Characteristics | Values |
|---|---|
| Rent cost | 4x the sum of the roll if the owner has 1 utility, or 10x the sum of the roll if the owner has both utilities |
| Chance of bankrupting players | Low |
| Income | Steady |
| Leverage | Good for trading |
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Rent cost
The Electric Company is one of the two utilities in Monopoly, the other being Water Works. The cost of each utility stands at $150, with a mortgage value of $75. The rent for the Electric Company is calculated based on the dice roll of the player landing on the space. If the owner of the Electric Company only owns that utility, the dice roll is multiplied by 4 to determine the rent. For example, if a player rolls a 12 and lands on the Electric Company, they will have to pay the owner $48 in rent ($12 x 4).
If the owner of the Electric Company also owns the Water Works, the dice roll is multiplied by 10 to determine the rent. In this case, if a player rolls a 12 and lands on the Electric Company, they will have to pay the owner $120 in rent ($12 x 10).
The Electric Company is unique in that it does not have a fixed rent like other properties in the game. The rent changes every time a player lands on it, depending on the player's dice roll. This makes it hard to determine whether purchasing the Electric Company will be worthwhile. It is considered a decent "fire and forget" property, paying for itself quite quickly. However, it may be more valuable as a trading asset, depending on the players involved.
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Income generation
The Electric Company is one of the two utility spaces in the game of Monopoly, the other being Water Works. If a player lands on the Electric Company space, they must pay the owner a rent calculated by multiplying the sum of the numbers from the dice by four if the owner owns one utility, or by ten if the owner owns both utilities. For example, if the player owns only the Electric Company and the dice sum up to 10, the rent owed is $40 (10 x 4). If the player owns both utilities and the dice roll is the same, the rent owed is $100 (10 x 10).
The Electric Company provides a steady source of income and pays for itself quickly. It is worth buying as a casual space that may generate income or as leverage for trading. However, it should not be relied upon to try and take large amounts of money from other players. In the Mega version of the game, there is an additional utility called the Gas Company. When paired with the Electric Company and Water Works, the owner can earn a higher rent when a player lands on a utility, with the highest possible rent being $240, just $10 less than Mediterranean Avenue with a hotel.
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Trading leverage
The Electric Company is one of the two utility properties in Monopoly, the other being Water Works. Both have the same value and earn the same rent, which is calculated differently from other properties. Instead of a flat rent, the rent owed changes every time a player lands on the property, as it is based on the dice roll of the player that landed on the space. If the player owns just one utility, the rent owed is four times the amount shown on the dice. If the player owns both utilities, the rent owed is ten times the amount shown on the dice.
The Electric Company is located two spaces after Jail, which means it has a lower percentage chance of being landed on compared to Water Works, as the most-visited space in the game tends to be Jail. The Electric Company is also one of the cheapest properties in the game, and the amount of rent collected is never very high.
While the Electric Company may not generate large amounts of money for the owner, it can still be useful throughout the game. It can provide a steady source of income and pay for itself quickly. It is worth buying as a casual space that may generate income or as leverage for trading. If players can get the utilities for less than the $150 asking price early in the game, they may generate a decent enough return on investment to be worth it.
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Mega version
In the traditional version of Monopoly, the Electric Company is one of the two Utilities – the other being Water Works. If a player lands on the Electric Company, they must pay the owner rent, which is calculated by multiplying the sum of the dice roll by four if the owner owns one utility, or by 10 if the owner owns both utilities. For example, if a player rolls a three and a four and lands on the Electric Company, they owe the owner $(3+4)x4 = $28$. If the owner of the Electric Company also owns Water Works, the rent owed increases to $(3+4)x10 = $70$.
The Mega version of the game includes an additional utility called the Gas Company. When paired with the Electric Company and Water Works, the owner can earn a much higher rent when a player lands on any of the three utilities. The highest possible rent achievable in this version is now $240, just $10 less than Mediterranean Avenue with a Hotel.
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Mediterranean Avenue
The property is named after the street of the same name in Atlantic City, New Jersey, where the Monopoly board locations are based. In reality, Mediterranean Avenue mostly consists of low-rise residential properties.
Despite this, Mediterranean Avenue is considered one of the worst properties in the game. It has a low ROI (return on investment) of 85.71% with a hotel, and a low chance of being landed on.
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Frequently asked questions
The Electric Company is one of the utility spaces in the game of Monopoly, the other being the Water Works. If a player lands on the Electric Company, they must pay the owner of that utility a rent cost calculated by multiplying the sum of the numbers from the dice roll by 4.
If a player owns both the Electric Company and the Water Works, the rent cost is calculated by multiplying the sum of the numbers from the dice roll by 10.
The Electric Company provides a steady source of income and pays for itself quickly. It is worth buying as a casual space that may generate income or as leverage for trading.
