Electric Supplier Rates In Illinois

If you don t select a retail energy supplier your supplier will be your local utility company.

Electric supplier rates in illinois.

Comed and ameren illinois. The illinois commerce commission oversees electricity choice in illinois. Electricity companies in il electricity suppliers in illinois energy illinois il electricity suppliers illinois electricity rate plans illinois electricity suppliers. The offer information on the following pages is provided and maintained by retail electric suppliers ress.

The illinois electric service customer choice and rate relief law passed in 1997 gave residents served by commonwealth edison and ameren the option to choose an alternative illinois electric supplier empowering residents to shop around for the lowest electricity rates in illinois. As an illinois resident you may find that switching your electricity provider to an independent supplier can save you quite a bit on your annual energy costs. Electric fact sheetscurrent electric rates through september 2020 comed 6 473 cents per kilowatt hour kwh note. Compare your comed electric rates or ameren illinois electric rates to those offered by retail suppliers to determine if you should switch.

Since then retail electricity providers also known in illinois as alternative retail electric suppliers or ares have been gaining customers by offering rates much lower than the default utilities. Approximately 1 63 million residential customers have switched to a retail electric supplier. More about your electric supply options ameren illinois places no additional mark up on the energy supply charges. If you do not choose a supplier you pay a default rate known as the price to compare.

The local utility companies continue to deliver power and send you your monthly electric bill even after you choose a competitive supplier. Ameren illinois rates include two core components energy and delivery. While the icc does not warrant that the information is a complete list of all residential offers in illinois ress are required to honor prices listed here as a condition of posting their offers on this site. This is written on your bill as 0 06473 ameren illinois 4 396 cents per kwh note.

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. The energy component covers the actual cost of power and energy procured by ameren unless an alternate supplier has been chosen. Today the il energy market is saturated with many of these retail electric suppliers.