Island Lake, Illinois electricity rates - plans that match your needs

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Electricity Providers in Island Lake, Illinois

Island Lake is the state's 263rd largest city by population and the 263rd largest city by square miles. The city is a deregulated electricity market. This means that consumers can choose whothey purchase electricity from. Sadly, deregulated electricity markets are awash with unreliable companies with deceptive marketing tactics. Staying away from these providers is uncomplicated. Just use our marketplace, where we have sorted through the dozens of suppliers in the market and only list plans from superior organizations.

A utility company in Island Lake will be responsible for the transmission and distribution of your electricity while you will purchase your electricity from a Retail Electricity Provider (REP). Deregulated markets give the end user options when it comes to the price they pay for electricity. Nevertheless, there will only be one utility company who services your address. Consumer choice breeds competition, there are currently 6 REPs supplying electricity in Island Lake. Below is a list of some of the best companies providing residential and commercial electricity in the city, all of whom you can find rates for in the Find Energy marketplace.

Island Lake, IL Electricity Rates & Bills

Being perplexed by an electricity rate listed on a plan in Island Lake is a regular occurrence. The plans we show in the Find Energy marketplace cut to the chase with easy to understand terms and rate rules. We highly recommend taking a good look at the terms and conditions of all potential plans before purchasing any of them. Electricity usage and additional factors can impact your rate. The terms and conditions document will spell out what that may be like in a clear way.

Below we’ve compiled the current electricity rate patterns for Island Lake.

Island Lake, Illinois Electricity Price Trends

Residential

Island Lake Averages

Rate15.33¢
Usage687 kWh
Bill$105

Illinois Averages

Rate13.08¢
Usage684 kWh
Bill$89

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Commercial

Island Lake Averages

Rate15.33¢
Usage687 kWh
Bill$105

Illinois Averages

Rate13.08¢
Usage684 kWh
Bill$89

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Island Lake, IL Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.150/kWh$0.109/kWh$121.63/mo.$54.62/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.150/kWh$0.109/kWh$121.63/mo.$54.62/mo.

Current Average Rates, Consumption & Bill Amounts in Island Lake, Illinois

  • The residential electricity rates in Island Lake at present average 15.33 cents per kilowatt-hour. The average for the state is 13.08 cents and for the entire country is13.47 cents.
  • Island Lake citizens, on average, pay a monthly electricity bill of $105.32. The state of Illinois averages $89.48 per residence per month and the US average is 119.32 per month.
  • The commercial electricity rates in Island Lake currently average 11.83 cents per kilowatt-hour. The average for Illinois is 10.87 cents and for the entire US is 10.55 cents.
  • Island Lake businesses, on average, pay a monthly electricity expense of $509.24. The state of Illinois averages $372.55 per residence per month and the US average is 564.41 per month.

Residential

Commercial

Island Lake, IL Commercial Electricity

Your company, no matter the size, most likely consumes enough electricity to result in your monthly bill being an amount that matters. Finding a competitive business rate is therefore all the more important to reduce expenses. While the process of switching suppliers can appear intimidating at first glance, we've gone out of our way to create a process that is seamless and as easy as possible for companies. Find Energy takes care of the hard stuff! Business owners should realize that even small decreases to the rate you pay per kilowatt-hour may result in significant effects on your monthly expenses. We are confident that your company can benefit from comparing current available electricity rates with what you are paying at the moment, whether you are a a locally run tailoring business or large textile manufacturers.

In order to save our users the most money possible, we feature plans that provide some of the most attractive commercial prices on the market. There could be even more opportunity to save, if your company is spending $3000 or more a month on electricity. Our team can request a personalized plan from every electricity supplier in Island Lake. A custom electricity rate often offers massive long-term savings to the account holder. Anybody refusing to take advantage of the chance to compare their regular rate with currently available market prices is missing out on potential savings.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


The following are a few reasons why you should at least check your current rate against personalized business electricity rates:

  • Fixed-rate plans may lock in savings for years to come - Almost every plan on our marketplace is a fixed rate plan, as it is our opinion that these sorts of electricity plans are what’s best for consumers. Fixed rate plans enable people to determine exactly how much they will be paying per kilowatt-hour each month and give them the opportunity to secure the most attractive rates available, even when the price of electricity rises.
  • Switching electricity providers doesn’t result in a service interruption - Zero service disruptions will happen when switching suppliers. Your customers and employees will not notice any changes at any point during the changeover.
  • The whole switching process takes a few minutes - Once you fill out your information, Find Energy will handle all of the work for you. Relative to the size of your business, we will find you the most attractive available rates in your location. For companies with a large enough bill, our team will also receive personalized plans from the the most reliable electricity suppliers serving your location.
  • Our staff will handle the transition - There is no need to contact your current provider if you are not under contract. In most cases, this remains just as true even if you do have a contract. Find Energy takes care of the communication with the electricity suppliers. At the end of the day, Find Energy will present you with the best deals currently available in Island Lake.
  • Free quotes and no obligation - Shop. Review your options. And let us get you the most attractive deals for your organization. It doesn't get any easier than that! If you don’t like the prices you receive from us, then you don’t have to do anything. You can remain on with your existing service. Only make the switch if it makes sense.

Finding a better rate with Find Energy is hassle-free. Just enter your zip code to get quotes on the best priced plans in Island Lake. In our estimation, establishments are often able to save between 15% and 25% on their monthly expenses after using Find Energy.

Island Lake, IL's Utility Company is Commonwealth Edison

Commonwealth Edison is the chief utility company serving your location. In case of a power disruption, this would be the number you must call. Commonwealth Edison’s power outage telephone line is (800) 334-7661, or you can report a blackout online on their website.

Shop Electricity Providers by Zip Code in Island Lake, IL

  • 60051
  • 60084
  • 60042

Island Lake, IL Electricity FAQs

FAQ

What is the most affordable electricity company in Island Lake?

As of writing, our most affordable plan that can be had in Island Lake is from Constellation Energy, at a residential rate of 8.99 cents per kilowatt-hour.

How do I choose an electricity company in Island Lake?

Start the process by filling out your zip code. We will then show you the best deals available on the market.

What electric utility company does Island Lake, Illinois use?

Commonwealth Edison is Island Lake’s primary utility company. There are, however, dozens of different providers that carry electricity supply in Island Lake, including the electricity companies mentioned in the following list:

How do I shop for a renewable electricity plan in Island Lake?

Just fill out your zip code on this page, and you can find all plans available in your city that are fueled entirely by green electricity. Search for the “100% Green” label!

How many electricity suppliers are in Island Lake?

A total of 6 suppliers currently offer electricity for sale in Island Lake.

Who offers the lowest electricity plans in Island Lake?

Island Lake’s cheapest electricity plans include the following:

ProviderRate (¢/kWh)
Constellation Energy8.99
Direct Energy10.49
Just Energy11.19
Spark Energy13.69

What is a good electricity rate in Island Lake?

The cheapest electricity rate that can be purchased in Island Lake is 8.99 cents per kWh, presently provided by Constellation Energy.

Last Reviewed By: King Manalo
Published: 2021-03-16