Illinois Residential Electric Rates

There are several different types of illinois electricity rates which means that you can choose the option that works best for your home.

Illinois residential electric rates. Welcome to plug in illinois the official electric choice website of the illinois commerce commission here you can learn about electric competition in illinois and find out how to choose a supplier. Illinois is relatively new to energy deregulation and many residents may not even be aware they have a choice in an electricity provider. Term lengths vary by company but plans of 12 24 and 36 months are often available. As a result of this impressive adoption rate the average cost of electricity in illinois is very close to the us average 13 32 compared to 13 04 kwh for residential customers and below average for commercial customers 9 01 compared to 10 57 kwh.

Electric fact sheetscurrent electric rates through september 2020 comed 6 473 cents per kilowatt hour kwh note. General information ameren illinois rates include two core components energy and delivery. Average price of electricity to ultimate customers by end use sector by state june 2020 and 2019 cents per kilowatthour. To make a meaningful comparison between variable rrtp rates and res offers customers should compare their past electric supply cost savings from the total electric supply section of the bill provided by their rrtp provider with an electric supply cost.

What s my current electric rate. The energy charges you see on your monthly energy bill statement are divided into two main categories. Delivery service is what you get from ameren illinois it s the cost of bringing your electricity and or natural gas to you. The average price a residential customer in the united states pays for electricity is 13 31 cents per kwh.

Despite being the us fifth most populous state. This is written on your bill as 0 06473 ameren illinois 4 396 cents per kwh note. If you have a fixed rate plan your energy supply rates will not change for the life of your plan. Find rate information and service tariffs for ameren illinois residential electric service.

The energy component covers the actual cost of power and energy procured by ameren unless an alternate supplier has been chosen. The average electricity rate is 13 19 cents per kilowatt hour kwh. Electric and natural gas rate information. While residential customers have been able to participate in electric choice and compare illinois electricity rates since 2002 it wasn t until 2007 that major competition started flooding the market when.