Hy-Power Electric Co Salary

As of August 2026, the average annual salary for employees at Hy-Power Electric Co in the United States is $89,816. This translates to an approximate hourly wage of $43. Salaries at Hy-Power Electric Co typically range from $79,118 to $101,344 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Hy-Power Electric Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Hy-Power Electric Co. Based on our data, the highest paying job is the President, with an annual salary of $695,256. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Hy-Power Electric Co

Ready for your next career move? Explore current job openings at Hy-Power Electric Co. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Hy-Power Electric Co’s Pay Competitive? Salary Benchmarking Analysis

How does Hy-Power Electric Co's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
HAVA Tech Inc $96,588
+7.5%
Supported by HAVA Tech Inc's high-margin contracts allowing higher overhead.
Aslan Construction Inc $86,842
-3.3%
Typical compensation structure for smaller regional agencies like Aslan Construction Inc.
Aaction Overhead Door Inc $84,996
-5.4%
Aaction Overhead Door Inc operates with a leaner overhead structure, impacting base wage offers.
Home ReBuilders Inc $87,548
-2.5%
Indicates identical technical requirements and experience levels between the two firms.
Construction Industry $119,814
+33.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Hy-Power Electric Co

Considering a career at Hy-Power Electric Co? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
I’ve recommended this company to several friends. Great company culture with clear project goals. Plenty of opportunities for leadership roles. The company’s reputation in the industry is outstanding, and I’m proud to be part of such a respected organization.
Leadership relies heavily on established protocols, which can reduce flexibility and responsiveness. Reliable equipment and resources provided. A solid employer for those looking for routine, stability, and hands-on labor experience. Their commitment to ethical practices and community engagement sets a high standard. They encourage us to gain new certifications and stay updated in our trade. The c...
There's a true sense of camaraderie across all levels, from site workers to management. Teams function well, but leadership doesn’t always connect with what's happening on-site. Most promotions are internal, but there’s little communication about how to move forward or improve performance. Work-life balance is supported, and employee contributions are regularly recognized. Leadership is supportive...

Hy-Power Electric Co Overview

Website
www.hypowerelectric.com
Founded In
1971
Employees
<25 employees
Industry
Construction
Headquarter Address
13760 Kenton Ave Crestwood Illinois IL 60445
Revenue
$5 Million - $10 Million
Phone Number
+1 7084305510
Social Media
About Hy-Power Electric Co
Hy-Power Electric Company is a family run business, currently owned and operated by Edward Costeck and Gerald Costeck. We take on commercial electric work and minor industrial work. Our electric contractors take up various municipal and retail projects along with educative ventures to spread awareness about the field of electronics. Learn more.

What Benefits Does Hy-Power Electric Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hy-Power Electric Co offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Hy-Power Electric Co?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Hy-Power Electric Co.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Hy-Power Electric Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Hy-Power Electric Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hy-Power Electric Co

1. What is the average salary for employees at Hy-Power Electric Co?

The average annual total compensation for employees at Hy-Power Electric Co is approximately $89,816. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,118 to $101,344, depending on factors like job role, experience, and location.

2. How much does Hy-Power Electric Co pay compared to HAVA Tech Inc?

The average annual salary at Hy-Power Electric Co is $89,816, or an hourly wage of $43, in comparison to HAVA Tech Inc which pays $96,588 per year or $46 per hour.

3. What is the lowest salary at Hy-Power Electric Co?

The lowest-paying job at Hy-Power Electric Co is a Foreman Electrician with a salary of $56,918 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Hy-Power Electric Co?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Hy-Power Electric Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Hy-Power Electric Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially Hy-Power Electric Co, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Hy-Power Electric Co?

Most companies, likely including Hy-Power Electric Co, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.