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Key Points
- Energy deregulation in Illinois allows residents to choose their own electric and natural gas suppliers from a competitive marketplace.
- Comparing prices from various electricity suppliers can help you find the best electric rates in Illinois.
- You can explore cheap power suppliers and electricity deals using SaveOnEnergy’s free marketplace.
- Find plans that fit your preferences for fixed rates, variable rates, green energy, and more.
Learn more about how deregulated energy works
Illinois energy FAQs
Yes, Illinois has a deregulated natural gas market. You can learn more about natural gas markets in our guide.
Once you enter your ZIP code into the SaveOnEnergy marketplace, you can use the green energy filter to find renewable energy plans in Illinois. All energy plans list their renewable content on their Electricity Facts Label.
The best Illinois electric supplier for you will depend on your individual needs. Do you want to lock in a stable long-term plan? Or do you need the flexibility of a variable-rate plan? Are you looking for renewable energy options? Once you determine your preferences, you can find the best plan for you.
You can lower your energy bill by taking simple steps like turning your thermostat down, investing in energy-efficient appliances, and fixing any air leaks in your ducts or around your windows. You can also try switching plans to find an agreement with a lower rate. Check the SaveOnEnergy marketplace for accurate, up-to-date rates in your area.
Currently, Smart Energy and Public Power have the best electric rates in Illinois on our marketplace. Keep in mind that rates change regularly based on various market factors.
As of September 2024, Ameren’s price is 8.136 cents per kWh. Rates are scheduled to change on October. 1.
You can find your Illinois electricity rate on your monthly bill from your electric provider or utility company. It will include your base rate plus any utility distribution charges.