Hoffman Estates, Illinois electricity rates - plans that match your needs

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Electricity Providers in Hoffman Estates, Illinois

Hoffman Estates has a total population of 52,530 citizens and is the 29th largest city in the state. Competition is rife in the deregulated electricity market of Hoffman Estates. Customers are able to compare different suppliers who sell the electricity to the area. Consumer choice comes at a price though. Consumers are often met with confusing plan terms that they are forced to traverse. Find Energy is here to help weed out companies without a proven track record and connect consumers to providers with great prices and quality advertising practices.

In deregulated markets, utility companies handle the upkeep of power lines and electricity distribution and Retail Electric Providers (REPs) handle the purchasing process of electricity for customers. Utility companies have per-determined service addresses and consumers are not able to pick which utility provides them service. However, consumers can pick between the available REPs in their county for the procuring of electricity. It could be easy to land in the analysis paralysis cyclewhen you consider there are 8 REPs doing business in Hoffman Estates. To assist consumers with their decision we have displayed a few of the top companies of commercial and residential electricity below.

Hoffman Estates, IL Electricity Rates & Bills

Electricity rates can commonly vary based on usage. This can be quite perplexing if you aren't completely clear on your plan's terms and your average electricity use. We pride ourselves on having a marketplace featuring plans with terms and conditions that are easily understandable to everyone. Reading the terms and conditions is essential before purchasing to guarantee that you fully understand the plan. The terms and conditions document has important information, like rate details and how much you can anticipate paying when you consider your actual usage.

Below we have compiled the current electricity price trends in Hoffman Estates.

Hoffman Estates, Illinois Electricity Price Trends

Residential

Hoffman Estates Averages

Rate14.86¢
Usage837 kWh
Bill$124

Illinois Averages

Rate13.34¢
Usage685 kWh
Bill$91

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Commercial

Hoffman Estates Averages

Rate14.86¢
Usage837 kWh
Bill$124

Illinois Averages

Rate13.34¢
Usage685 kWh
Bill$91

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Hoffman Estates, IL Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.154/kWh$0.109/kWh$121.63/mo.$54.62/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.154/kWh$0.109/kWh$121.63/mo.$54.62/mo.

Current Average Rates, Consumption & Bill Amounts in Hoffman Estates, Illinois

  • The average rate per kilowatt-hour for residential electricity in Hoffman Estates is 14.86 cents. The Illinois average is 13.34 cents and the countrywide average is 13.67 cents.
  • The average residential monthly electricity bill in the city is $124.37, while the state average is $91.42 and the national average is 120.97
  • Hoffman Estates's current average commercial electricity rate is 12.03 cents per kilowatt-hour. For comparison, the Illinois average is 11.10 cents and the countrywide average is 10.73 cents.
  • Hoffman Estates businesses average a monthly commercial electricity expensel of $519.21. The average in Illinois is $383.47 and the average in the country is 578.14.

Residential

Commercial

Hoffman Estates, IL Commercial Electricity

Most business owners overlook the importance of having a competitive electricity rate. No matter your industry, it is likely that electricity is a large part of your overhead expenses. The Find Energy shopping marketplace is simple to use and our team takes care of| most of the legwork so you are not using up your valuable time. This is our business, we will handle it while you handle yours. Acquiring an electricity plan with a slightly better rate could add up to your business saving substantially more of its hard earned money than it is now. All sorts of establishments, from small hardware stores to large department stores , should be trying to make the most out of the chance to check their current electricity rate with what is available on the market.

In order to save our consumers the most money possible, we feature plans that provide some of the most sensible business rates available in the area. There may be even more opportunity to save, if your company is spending $3000 or more a month on electricity. Our team can request a custom quote from every electricity service provider in Hoffman Estates. Personalized pricing allows you to enjoy the best rate possible for your organization. If you are not making the most out of the deregulated market, then you are simply enabling your company to miss out on sizeable savings.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


Here are a few reasons why you should check your current rate against the deregulated market plans available in Hoffman Estates:

  • Your business may save thousands by buying a fixed-rate plan - Fixed rate plans enable consumers secure rates for extended periods of time. They also allow your business to foresee overheads with zero worries of potential exponential price increases that are common with variable rate plans.
  • The switching process is seamless as there is zero service interruptions - Your business will not experience any electricity service interruptions at any time during the changeover. In fact, the only difference you will see is the much lower rate on your new monthly bill!
  • Fast, easy, and painless - All you need to do is spend a couple of minutes submitting your information with Find Energy. After that is done, our staff at Find Energy will take care of the heavy lifting. You will lock in a brand new electricity plan and spend virtually no time.
  • No calls to your current electricity provider necessary - There is no need to contact your current supplier if you are not under contract. Oftentimes, this remains just as true even if you are under contract. Find Energy takes care of the communication with the electricity service providers. At the end of the day, we will provide you with the best plans currently available on the market.
  • Free quotations without obligation - If you don't favor the rates you receive after entering your information, or if you change your mind for some other reason, know that there isn't any obligation to move forward with the switching process. Just let us know that you have had a change of mind, and you will remain on with your existing service.

If you're ready for your establishment to begin saving on electricity expenses asap, then just type in your zip code on this page and answer these few easy questions. We will start recommending you the best options as quickly as possible! Purchasing through Find Energy leads to companies saving between 15% and 25% on their monthly electricity expenses.

Hoffman Estates, IL's Utility Company is Commonwealth Edison

Commonwealth Edison is in charge of providing utility services for the Hoffman Estates area. In the event that your neighborhood or company loses electricity, you must report this incident directly to your utility company. In case of a blackout, you can get in touch with Commonwealth Edison at (800) 334-7661, or you can report a blackout via the internet using website.

Shop Electricity Providers by Zip Code in Hoffman Estates, IL

  • 60120
  • 60010
  • 60107
  • 60067
  • 60169
  • 60194
  • 60118
  • 60192
  • 60173
  • 60195

Hoffman Estates, IL Electricity FAQs

FAQ

Who is the most affordable electricity supplier in Hoffman Estates?

Constellation Energy is currently offering a residential plan at 9.99 cents per kWh, which is the lowest power plan we presently carry in our online marketplace.

What electric company does Hoffman Estates, Illinois use?

Commonwealth Edison is the primary electric utility company in Hoffman Estates, but a lot of providers carry electricity in the deregulated Hoffman Estates market. The following is a comprehensive registry of our most trusted companies carrying electricity in Hoffman Estates:

Who provides the best electricity rates in Hoffman Estates?

Below you can find the most affordable electricity services currently for sale in Hoffman Estates:

ProviderRate (¢/kWh)
Constellation Energy9.99
Direct Energy10.69
Just Energy11.79
Spark Energy14.89

What is an affordable electricity rate in Hoffman Estates?

The best electricity rate available in Hoffman Estates is 9.99 cents per kWh, currently offered by Constellation Energy.

How many companies are in Hoffman Estates?

There are currently 8 providers offering their services in Hoffman Estates.

How do I find a renewable electricity plan in Hoffman Estates?

Simply fill out your zip code, and you can find all deals sold in your area that are powered completely by green electricity. Look for the “100% Green” label!

How should I choose an electricity provider in Hoffman Estates?

With many different providers competing for your business, it is smart to make use of a service like ours to help you compare your options. You can start by typing in your zip code. Alternatively, you can look up different company websites, and with the use of an Excel sheet or a Word document, you can take note of and compare the different deals you find.

Last Reviewed By: Ginalyn Gelera
Published: 2021-03-16