Eldorado, Illinois electricity rates - plans that match your needs

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Electricity Providers in Eldorado, Illinois

Eldorado is the state's 394th most populated city and the 394th largest city by square miles. Choices abound for Eldorado residents when deciding who they buy their electricity from. This is due to the fact that the area operates as a deregulated electricity market. One downside to deregulation is that where there is a money-making opportunity, there is possibly the opportunity for deceptive or confusing plan terms. We have taken a lot of effort to ensure these types of suppliers and plans aren't available in our marketplace, leaving only excellent companies with clear rates and terms.

Deregulated electricity markets require the coverage of utilities, that are responsible for transmission and power line management, and Retail Electric Providers (REPs), who are responsible for supplying the electricity that customers use. Because utility companies own the transmission lines, consumers cannot choose which utility they are served by. In a deregulated market they can pick the REP that they obtain electricity from. Eldorado citizens have 8 REPs to choose from for purchasing electricity. We have assembled a list of of the best providers that sell electricity in Eldorado.

Eldorado, IL Electricity Rates & Bills

Comprehending the rates on offer by retail electricity providers in Eldorado a challenge. To solve this, we only show plans with easy to grasp terms in our marketplace. The terms and conditions attached to every plan should be viewed at before purchasing a plan. It is very important that you do not buy electricity plans without first seeing the terms and conditions document to fully understand what you should expect from the plan.

Electricity price trends in Eldorado are accessible below.

Eldorado, Illinois Electricity Price Trends

Residential

Eldorado Averages

Rate13.94¢
Usage705 kWh
Bill$98

Illinois Averages

Rate13.34¢
Usage685 kWh
Bill$91

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Commercial

Eldorado Averages

Rate13.94¢
Usage705 kWh
Bill$98

Illinois Averages

Rate13.34¢
Usage685 kWh
Bill$91

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Eldorado, 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 Eldorado, Illinois

  • The current average residential electricity rate in Eldorado is 13.94 cents per kilowatt-hour. The current average in Illinois is 13.34 cents and the US average is 13.67 cents.
  • Eldorado's average monthly residential electricity bill is $98.32. The average for the state of Illinois is $91.42 and for the US is 120.98.
  • At present, the average commercial electricity rate in Eldorado is 10.12 cents per kilowatt-hour. The current average in Illinois is 11.10 cents and the US average is 10.73 cents.
  • Eldorado businesses average a monthly commercial electricity expensel of $1,687.65. The average in Illinois is $383.47 and the average in the US is 578.13.

Residential

Commercial

Eldorado, IL Commercial Electricity

Shopping for a deregulated electricity plan for your company should be top of mind for all companies. Even if electricity is not a large part of your monthly expenses, the small time commitment it takes to find a more competitive electricity rate will probably end up being the best use of your time today dollar wise. Ourshopping process is incredibly simple and quick. Knocking a couple of percentage points off of your electric bill can quickly amount to sizeable savings for your organization. Both small and large organizations may benefit greatly by making sure they are not denied access to the cheapest electricity plan available.

Businesses are regularly finding new plans in our marketplace that make it possible for them to sock away substantial amounts of money. Businesses with above average electricity consumption (expenses totalling a few thousand dollars on average) can take advantage of custom pricing offers from the electricity suppliers in Eldorado. Personalized electricity prices allow companies to realize sizeable savings, as well as secure very competitive rates for months to come. Don't miss out on sizeable savings by not taking a few minutes to check whether there is a much lower electricity plan available to your organization.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


Consider the following if you're still undecided about shopping for a new business electricity rate:

  • Fixed-rate plans result in no surprises - Almost every plan on our marketplace is a fixed rate plan, as our experience tells us that these sorts of electricity plans are what's best for consumers. Fixed rate plans empower consumers to determine just what they will be paying per kilowatt-hour each month and provide them the opportunity to secure the most attractive rates available, even when the price of electricity skyrockets.
  • Changing electricity suppliers will not result in any power interruption - If you purchase a brand new plan, you get a bill with your new electricity provider's name on it. Your utility company does not change and power keeps flowing the entire time.
  • The whole switching process takes minutes - Our intention is to seamlessly and effectively help your company to save money as soon as possible. Our team has designed our purchasing process to be as hands free for you as possible. Simply fill out your information. After you confirm your account with us, we will take care of the remainder of the switching process. Find Energy will make sure that your company is getting only the best deals from the most reliable electricity companies on the market.
  • Zero “break up” call with your current service provider - There is no need to inform your current provider if you are not under contract. Oftentimes, this is just as true even if you are under contract. Our team handles the communication with the electricity companies. At the end of the day, Find Energy will provide you with the best deals currently available on the market.
  • Shop for new plans with no obligation - Not convinced with the deal you got after you submit your information? No worries. There is absolutely zero obligation to make the transition. It is entirely up to you if you want to sign up for a new plan. This, of course, is what drives Find Energy to find you a great plan that you can't refuse!

If you're ready for your business to start cutting back on electricity expenses as soon as possible, all you have to do is enter your zip code and answer these simple questions. Find Energy will start getting you the best options right away! Using Find Energy usually leads to companies saving between 15% and 25% on their monthly electricity bills.

Eldorado, IL's Utility Company is Versant Power

Your city's largest electric utility company is Versant Power. Residents must be aware of this since this is the number you must reach out to in the event of a power interruption. Versant Power's power disruption telephone line is (207) 973-2000, or you can report a power interruption over the internet through their website.

Shop Electricity Providers by Zip Code in Eldorado, IL

  • 62930

Eldorado, IL Electricity FAQs

FAQ

What is the most affordable electricity company in Eldorado?

Direct Energy is currently offering a residential electricity plan priced at 6.39 cents per kWh, which is the most affordable electricity plan we currently have in our marketplace.

Who has the best electricity deals in Eldorado?

Eldorado's best priced electricity deals can be found below:

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

How many providers are in Eldorado?

There are presently 8 electricity providers offering their services in Eldorado.

What electric company does Eldorado, Illinois use?

Versant Power is the most reliable electric utility company in Eldorado, but dozens of companies offer electricity in the deregulated Eldorado market. Below is a complete registry of our best suppliers carrying electricity in the area:

How do I shop for a renewable electricity plan in Eldorado?

Our marketplace gives you the ability to see what percentage of each plan is fueled by green electricity, so you can purchase the plan that you like best.

How do I choose an electricity company in Eldorado?

With dozens of suppliers competing for your business, it is wise to use a website like findenergy.com to aid you in comparing your many different options. You can start by filling out your zip code on this page. Or if you want, you can visit all the different company websites, and using an Excel file or a Word document, you can record and evaluate the different plans you find.

What is an affordable electricity rate in Eldorado?

The cheapest electricity rate offered in Eldorado is 6.39 cents per kWh, presently being supplied by Direct Energy.

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