The Village collects utility taxes on gas, electric, and telecommunications. Gas is 3.0 cents per therm, electric is charged per kilowatt on a sliding scale, and telecommunication is 6% of gross sales of utilities doing business in Niles. Utility taxes generate about 10% of General Fund revenues each year.
The five year history, by fiscal year, for utility tax collections is as follows:
| 2022 | $2,437,954 |
| 2021 | $2,350,039 |
| 2020 | $2,416,794 |
| 2019 | $2,689,295 |
| 2018 | $2,686,370 |