Cambridge, Illinois electricity rates - plans that match your needs

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Electricity Providers in Cambridge, Illinois

Cambridge spans 2.01 square miles and has a population of 2,086 residents. The city is located in Henry County, IL. Deregulated electricity markets, like Cambridge, allow consumers to shop the prices of many electricity suppliers. Sometimes, however, this ability to shop different suppliers has undesired consequences, such as convoluted marketing and advertising from the electricity companies. Our website weeds out suppliers and rates that were created to cause confusion and mislead consumers. You will only find highly regarded brands and plans with easy to understand terms and conditions.

In deregulated markets, utility companies handle the distribution of electricity and power line upkeep and Retail Electric Providers (REPs) handle the purchasing process of electricity for consumers. Whichever utility owns or manages the electricity infrastructure that transmit to your home or business will be your utility company, alas you can make a decision on your REP based on customer experience or other factors. Cambridge has 8 REPs operating citizens within the city boundaries. This results in tough decisions for customers searching for electricity. We've narrowed that number down to the providers below. Most of these companies also offer plans in the Find Energy marketplace.

Cambridge, IL Electricity Rates & Bills

Figuring out the actual rate of plans available in Cambridge can be challenging. We've done our best to have plans in our marketplace with easy to understand rates and conditions so that you can choose them confidently. We encourage everyone to read the terms and conditions of any plan you are considering purchasing. Terms and conditions documents have rate and term information clearly spelled out for you to easily grasp what to look for once you sign up for the plan.

See below for current price tendencies and historical rates that have been seen in Cambridge.

Cambridge, Illinois Electricity Price Trends

Residential

Cambridge Averages

Rate13.96¢
Usage685 kWh
Bill$96

Illinois Averages

Rate13.34¢
Usage685 kWh
Bill$91

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Commercial

Cambridge Averages

Rate13.96¢
Usage685 kWh
Bill$96

Illinois Averages

Rate13.34¢
Usage685 kWh
Bill$91

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Cambridge, IL Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.133/kWh$0.080/kWh$122.68/mo.$57.05/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.133/kWh$0.080/kWh$122.68/mo.$57.05/mo.

Current Average Rates, Consumption & Bill Amounts in Cambridge, Illinois

  • Cambridge's average residential electricity price is 13.96 cents per kilowatt-hour. For comparison, the Illinois state average is 13.34 cents and the nationwide average is 13.67 cents.
  • Cambridge residents pay an average monthly residential electricity bill of $95.61. For comparison, Illinois residents as a whole pay $91.42 per month and the countrywide average is 120.98.
  • Commercial rates in the city presentlyaverage 9.90 cents per kilowatt-hour, compared to 11.10 cents for the Illinois average and 10.73 cents for the countrywide average.
  • Cambridge businesses spend an average monthly commercial electricity expense of $1,753.6. Illinois businesses as a whole pay $383.47 per month and the US average is 578.13.

Residential

Commercial

Cambridge, IL Commercial Electricity

For business owners in Cambridge, choosing to not shop around for the most competitive business electricity rates could be significantly costing your company. While the process of switching suppliers may seem intimidating at first glance, we have gone out of our way to create a process that is seamless and as easy as possible for businesses. Our team handles the hard stuff! Although small differences of a penny, or even a fraction of a penny, per kilowatt-hour don't seem like much, for many businesses it can add up to significant savings each month. Any sized company can take advantage of this type of savings. With our straightforward comparison process, all you have to do is see if the rate you have at the moment can be topped.

Our team has created a record of some of the most attractive commercial electricity plans on the market. There could be even more opportunity to save, if your establishment is spending a few thousand dollars or more a month on electricity. Find Energy can request a personalized plan from every electricity service provider in your area. This guarantees that your business gets the best rate on the market. You can be confident that your establishment isn't losing out on significant savings. All it takes is a couple of minutes to shop for some of the lowest priced deregulated electricity rates currently available in Cambridge.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


Remember the following facts if you're still unsure about shopping for a new commercial electricity plan:

  • Fixed-rate plans may lock in savings for years to come - We work almost solely with fixed rate plans. If current electricity rates are trending upwards, then securing current rates could very well be among the most critical business decisions you make this week.
  • Your power won't be cut off during the switching process - You don't need to concern yourself with a temporary disruption in electricity service during the switching process as your utility company will not stop service. You will simply notice is the lower number on your new monthly bill!
  • The entire experience takes just a couple of minutes of your time - Just fill out your information and let us do the rest! We'll find you with the best rates for your organization and help you through the decision-making process.
  • No need to inform your current electric service provider - There isn't any need for a “break up” call with your existing provider if you are not under contract. If you haven't signed a contract with an electricity provider, the entire transition can be taken care of by our team. If you aren't sure, however, our staff can confirm it for you too. If you are under contract, we still may be able to find a way to save you money, so reach out!
  • Shop for better plans with no obligation - If you are displeased with the quotes you get after entering your information, or if you change your mind for some other reason, know that there is no responsibility on your part to move forward with the switching process. Just inform us that you have changed your mind, and you will remain on with your current service.

If you're ready for your business to begin saving on electricity expenses immediately, then just enter your zip code on this page and answer these few simple questions. We will start finding you the best plans right away! We are confident that most businesses who shop in our marketplace can save between 15% and 25% on their monthly expenses.

Cambridge, IL's Utility Company is Versant Power

Cambridge's largest electric utility company is Versant Power. Losing power in your neighborhood can be distressing. Be sure to reach out to your electric utility company to report any power disruptions. Reporting a power interruption to Versant Power is easy and rather straightforward. You can do it over the internet through Versant Power's website at website, or through their emergency phone number at (207) 973-2000.

Shop Electricity Providers by Zip Code in Cambridge, IL

  • 61238

Cambridge, IL Electricity FAQs

FAQ

How many electricity suppliers are in Cambridge?

There are currently 8 electricity providers selling electricity in Cambridge.

Who has the cheapest electricity plans in Cambridge?

Here are the cheapest electricity rates available in Cambridge.

ProviderRate (¢/kWh)
Direct Energy6.39
Constellation Energy8.99
Just Energy11.99
Spark Energy12.89

What electric utility company does Cambridge, Illinois use?

Versant Power is the primary utility company in Cambridge, but many other different companies sell electricity in the deregulated Cambridge market. The following is a complete registry of our most trusted suppliers offering electricity in Cambridge:

How do I choose an electricity company in Cambridge?

The whole process is simple! Fill out your zip code on this page, and Find Energy will filter out the cheapest electricity deals available in Cambridge for you to consider.

Who is the most affordable electricity supplier in Cambridge?

Direct Energy is currently carrying a residential power plan at 6.39 cents per kWh, which is the best power plan we presently carry in our online marketplace.

What is a good electricity rate in Cambridge?

The lowest plan offered in Cambridge is 6.39 cents per kWh, currently sold by Direct Energy.

How do I find a green electricity plan in Cambridge?

It's really a pretty simple process! Just enter your zip code on this page, and you can browse all available plans and take note of what percentage of each plan is sourced from green electricity.

Last Reviewed By: Nick Reese
Published: 2022-08-05