Get Best Electric Rates In Illinois

 Illinois offers residents the opportunity to choose their electricity supplier due to the state’s deregulated energy market. This means consumers can shop around for competitive rates and plan that suit their needs. Here’s how much you can find the best electric rates in Illinois: 

  1. UnderstandThe Price To Compare (PTC) - 


The PTC is the default electricity supply rate set by your local utility. It’s a benchmark to help you compare offers from alternative retail electric suppliers. As of May 2025, the PTCs are: 


  • ComEd - 6.55¢  per kWh 


  • Ameren Illinois - 7.69¢  per kWh 


  1. Compare Offers From Different Suppliers - 


Once you know your PTC, you can compare it with rates from various suppliers. Some suppliers offer fixed-rate plans, while others provide variable rates or renewable energy options. For instance, as of MArch 2025, Ameren Illinois customers had access to plan like: 


  • Smart Energy - Green 6 month fixed rate: $0.100 per kWh 


  • Constellation Energy - 12 month home power plan: $0.109 per kWh 


  1. Consider Renewable Energy Options - 


If sustainability is important to you, many suppliers offer 100% renewable energy plans. While these plans might be slightly higher in cost, they contribute to a greener environment. For example, SmartEnergy and AEP Energy provide such options in Illinois. 


  1. Explore Community Solar Programs - 


If installing solar panels isn’t feasible, community solar panel programs allow you to subscribe to a local solar farm and receive credits on your electricity bill. Participants can save 5-15% annually, translating to approximately $198 in savings for the average Illinois resident. 


  1. Be Aware of Rate Changes - 


Utility companies periodically adjust rates to reflect changes in the energy market and infrastructure investments. For instance, Exelon, which serves over 10.5 million customers across Illinois, reported higher electricity rates in the first quarter of 2025, contributing increased revenues. 


By understanding your PTC, comparing supplier offers, considering renewable options, exploring community solar, and staying informed about rate changes, you can make an informed decision and secure the best electric rates in Illinois. Always read the terms and conditions of any plans and ensure it aligns with your energy usage and budget. 

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