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Chicago Electricity Rates

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The largest city in the Midwest and the third largest city in the country, Chicago is home to almost 2.7 million people. It’s well known for its food, including Chicago-style pizza and Chicago-style hot dogs, and the Magnificent Mile, the city’s primary shopping district along Michigan Avenue that boasts more than 450 stores.

When the state of Illinois deregulated the energy industry in 1997, residents were given the option to shop for cheap electricity rates in Chicago.

While the idea of comparing Chicago electricity providers sounds challenging, Chicagoans don’t have to go it alone. Instead, they can take advantage of Save On Energy’s free online marketplace and comparison tool. To compare the electric rates in Chicago, simply enter your ZIP code above.

Chicago electricity rates

Plan Name Plan Length Rate
Spark Energy - Choice 24 24 months $0.109 / kWh
Spark Energy - Spark Green Secure 24 24 months $0.110 / kWh
Spark Energy - Choice 12 12 months $0.114 / kWh
Spark Energy - Green Choice 12 12 months $0.115 / kWh
Spark Energy - Prepare and Protect 12 12 months $0.116 / kWh

Please note: All rates above are accurate as of 9/30/2022, 3:11:09 AM CDT for ZIP Code 60613. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

Shop electricity rates in Chicago with

When you sit down at your computer to search online for the “best electric company near me,” you need look no further than Save On Energy. Our goal is to help you find cheap electricity in Chicago and pick the best plan for your needs. There are only three simple steps.

  1. Start by entering your ZIP code to find the best electricity rates available to you. You’ll be shown a variety of plans that have different contract terms and different rates.
  2. Compare your specific results and select your plan. To make it simple, you can sign up online. Or you can call our energy experts and they’ll walk you through the process. Either way takes only minutes.
  3. Once you’ve signed up, you’re done. Your new provider will complete the setup process for you, letting you sit back and enjoy your new plan.

Green energy in Chicago

Illinois ranked sixth in the nation for wind capacity in 2019. However, the state’s main renewable energy product is biofuels. That’s liquid fuel made from things such as corn and soybeans. These processes helped the state generate 8% of its electricity from renewable sources.

You can find a percentage of renewable energy in the plans from most energy companies in Chicago. When comparing plans, look at the plan’s documentation to find the amount. It’s even possible to find plans that only use renewable energy. Some of the providers offering 100% green energy plans are Clearview Energy and Spark Energy.

A few things to remember

  • Don’t forget to read your plan’s Electricity Facts Label before signing up. It contains important information including:
    • Price per kilowatt-hour based on usage
    • % renewable energy sourcing
    • Early termination fees
  • Enjoy hassle-free supplier setup. Once your order has been confirmed, your new supplier will set up service with your utility, or transmission and distribution service provider (TDSP) – but don’t worry, there shouldn’t be any interruption to your power during the switch.
  • Understanding your electricity bill. Your local TDSP will still deliver your electricity and maintain electric infrastructure including meters and power lines. Your utility fees can be found as TDU or TDSP charges on your monthly bill. They are independent of your supplier rate.

Do you own a business in Chicago?

Businesses also can take advantage of Illinois’ deregulated electricity market. Save On Energy can customize a plan for your business. Simply complete the information on this form to be contacted by an energy expert.

Power outage? Contact ComEd.

There are several utility companies in Chicago, including ComEd, Peoples Gas and Nicor Gas.

However, the electric utility serving Chicago is ComEd. No matter what company you purchase your electricity from, you’ll need to contact ComEd to restore any electrical outages and repair downed lines.

  • Power outage emergency: 800-334-7661
  • Send a text: enroll by texting “Add Outage” to 26633; report an outage by texting “Out” to 26633
  • Through the mobile app
  • Twitter: Tweet #OUT to @ComEd
  • Through Facebook
  • Customer service — residential: 800-334-7661
  • Customer service — business: 877-426-6331
  • Contact online

Not sure what kind of energy plan will work for your home?

You can learn more about how to go about selecting an energy provider through Save On Energy. We have a library of online resources. You may want to start your review by learning what to consider when picking a plan. Give us a call at 866-981-5400 to speak directly to a Save On Energy expert.

Energy providers and utility companies in Chicago

The ability to turn on your lights takes a partnership of the electric utility company and a retail electric supplier. The utility company transmits electricity to your home, maintains the power lines and restores electrical outages. The utility serving Chicago is ComEd. Check out the section on power outages to find multiple ways to reach ComEd.

The company you purchase your electricity from is the retail electric supplier. These are the companies you’re shopping from to find the best electricity rates in Chicago. Some of the companies supplying electricity to Chicago are:

Updated: 11/20/2020

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