Due to the Electric Service Customer Choice and Rate Relief Law of 1997, Illinois residents and businesses owners have can choose the best electric rates in Illinois. Illinois has a rather competitive deregulated energy market and allows consumers to shop for the best electricity rate and compare a number of energy plans.

While the market is competitive, with plenty of choices, the Illinois Commerce Commission (ICC) oversees the delivery of reliable and efficient utility services for all Illinoi citizens that are serviced by electric, natural gas, telecommunications, water and sewer utilities.

The Energy Professor provides a simply way to compare electric suppliers in Illinois, with simple your zip code which will allow you to pick the best plan for your home or small business.

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Zip Code

Please enter the zip code of the home or small business you would like to compare

Invoice Month

This is the due date which your electricity bill is due with your local utility. We will use this to understand which month you are providing, which will allow us to estimate your yearly usage

Amount Due

This is the total amount you owe for any electricity used during this period, not including any previous balances or late fees.

Total Usage

This is the total number of kWh you used during this month.

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2022 Illinois Electric Rates Comparison

Illinois allows for residents and business owners to compare the cheapest electric rates in Illinois due to energy market deregulation. Only a few years ago, the average cost per kWh in Illinois was 11.61 cents. That is almost double what the cheapest energy companies in Illinois offer.

With theenergyprofessor.com, you can shop for alternative electric companies in Illinois and compare commodity supply rates.

Illinois Local Utilities

Utility companies are the local entities that control the maintenance and operations of the physical energy infrastructures for particular locations. Wires, pipelines and electricity towers are also delivered and maintained by utilities. There are charges on your monthly energy bill from these services provided by the utility company each month.

Due to the Illinois deregulated electricity market, you have some choices for your energy provider. There are 7 major utility companies in Illinois, each being responsible for transporting electricity from the generators into homes and business of surrounding areas.

Illinois Utility Comparison

Energy Suppliers in Illinois VS Utility Companies 2022

There is a difference between electricity providers in Illinois and your local utility company.

Energy suppliers that partner with The Energy Professor are in a competitive market with local utilities to supply the best Illinois electricity rate. To make that happen, energy suppliers purchase wholesale energy from the generator market and then are able to re-sell to consumers and small business owners.

Typically, a consumer or business owner will agree to a specific energy plan with rates agreed upon by the two parties. In basic energy plans, you will agree upon the rate class, Illinois electricity rate (per kWh), term length and other details like early termination of the contract.

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We will break down just how easy membership is and how we can start to shop for Texas electric rates on your behalf in just a few short minutes with Theenergyprofessor.com.

Comparing the 2022 Best Electric Rates in Illinois for Small Businesses

Small businesses in Illinois have the option to compare and choose competitive energy providers. Theenergyprofessor.com has the capability to help any small business have access to compare the cheapest electric rates in Illinois. Small businesses also have access to free energy resources through our services. Most importantly, Illinois electric suppliers have teamed up with our business to provide additional energy management software to obtain energy efficiency goals for small businesses.

Theenergyprofessor.com also has an extremely helpful blog for small businesses to read for energy saving tips and ways to help your small business save money through being energy efficient. Our tips and tricks blogs will help you compare your electric bills and find energy efficient compliance to improve your current energy usage.

If you’re a small business owner in Illinois and looking to compare the cheapest electric supplier, you can simply use our website or give a call to one of our energy experts at 888-836-9222.

Residential and Business Electricity Options in Illinois

Homeowners and business owners can consider several different options when comparing electric power companies in Illinois. Not only are there Illinois electric suppliers of traditional electricity, but there are also renewable alternative electricity suppliers for choices in Illinois.

Renewable energy has become a much larger option lately and should absolutely be taken into consideration when comparing the price of electricity in Illinois. If you’re looking to support more sustainable energy practices, theenergyprofessor.com can help you find all options for Illinois green energy providers.

2022 Illinois Renewable Energy Options

Currently, 10% of Illinois energy production comes from renewable energy sources. Electric suppliers and utilities are required to have a certain percentage of electricity from a renewable source. By 2025, it will be required that 25% of all electricity sales come from renewable energy. That means that over the next few years, renewable energy choices are going to skyrocket.

An amazing benefit of working with The Energy Professor is that consumers have the choice to pick a 100% renewable energy plan without having the hassle of equipment installation.

The Renewable Energy Choices
in Illinois

  • Wind
  • Hydro
  • Solar
  • Biomass
  • Geothermal

Illinois Renewable Energy Options

Currently, 10% of Illinois energy production comes from renewable energy sources. Electric suppliers and utilities are required to have a certain percentage of electricity from a renewable source. By 2025, it will be required that 25% of all electricity sales come from renewable energy. That means that over the next few years, renewable energy choices are going to skyrocket.

An amazing benefit of working with The Energy Professor is that consumers have the choice to pick a 100% renewable energy plan without having the hassle of equipment installation.

The Renewable Energy Choices in Illinois

Here at The Energy Professor we think you should be rewarded for taking the right steps towards a better future. That’s why we have created The Energy Professor Rewards Program!
This reward program allows our customers to earn rewards dollars every month by following two simple steps:
Sign up for paperless billing every month through your local utility
Email us a photo of your electricity bill every month so that we can confirm you’re being billing accurately

What Options Do I Have When Comparing Illinois Electric Plans?

Fixed Energy Plans

The fixed energy plan is the most common for residential and small business owners and a great way to lock in your cost of electricity in Ohio. Just like it sounds, this type of plan fixes the cost of electricity, which locks you in to the same price for the duration of the contract. One of the reasons a fixed rate plan is so popular is because you will avoid price fluctuations during the winter and summer months. It provides budget certainty granted that your energy usage patterns stay the same.

Variable Energy Plans

Ohio Variable electricity plans will fluctuate based on where the energy market settles on a daily and monthly basis. Overall, consumers who choose a variable plan might benefit during periods when the market is lower than average, however they are also open to energy spikes during volatile or peak demand periods.Z

Renewable Energy

Residents and small businesses now have more options than ever before to go green! For a renewable energy option, you would have the choice to pick between a fixed or variable contract, however the energy source would be 100% renewable.

Compare 2022 Energy Supply Rates in Illinois

How Long Will My Electricity Contract Last?

Home owners and small business have a few options when comparing contracts for the best electric supplier in Illinois. Commonly, we see term lengths that are 6, 12, 24, and 36 months long.

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Benefits of The Energy Professor

Never Overpay For Electricity

With The Energy Professor you’ll never have to worry about shopping for Illinois electricity plans again. We find the lowest electricity rates for all of our members plus we handle the switch to your new supplier! 

The Energy Professor only works with trusted electricity suppliers in Illinois with a reliable track record for competitive pricing and excellent customer service.

We are Energy Experts

We are energy experts committed to helping residential and small business owners better manage their daily energy usage and save money.

The Energy Professor strives to exceed consumers’ expectations every step of the way.

Beyond Your Utility Bill

Here at The Energy Professor we understand that becoming energy efficient goes beyond picking a new energy supply contract.

Residential and small business owners can use our free online tools to make sure they are making the best energy decisions possible. This includes our energy habits at home or at work, becoming self reliant with the use of solar panels and battery storage, upgrading to smart appliances, and changing the way we commute using electronic vehicles.

We Manage the Switch

Once we have picked the perfect electricity plan, we will manage the enrollment on your behalf. And don’t worry, there will never be an interruption of service!

Not only that, but The Energy Professor will manage your contract renewal making sure you never go post term where most consumers pay 2-3 times more for electricity.

2022 Illinois Energy Saving Tips & Tricks

Lucky for us, technology has come so far that it is very easy for residential and small business owners can take the initiative to becoming more energy efficient. Here is a list of ways that you can make changes in your day-to-day life to lower your average electric bill in Illinois.

Illinois Energy Saving Tips & Tricks

Lucky for us, technology has come so far that it is very easy for residential and small business owners can take the initiative to becoming more energy efficient. Here is a list of ways that you can make changes in your day-to-day life to lower your average electric bill in Illinois.

2022 Illinois Energy Rates FAQ

Currently, the average cost of electricity in Chicago is $0.12.89 per kWh