Lake Forest, Illinois Electricity Rates & Plans

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

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Electricity Providers in Lake Forest, Illinois

Around 19,450 residents consider Lake Forest home, making the city the 128th largest city by population in the state.

Lake Forest’s deregulated electricity market is extremely competitive, with many energy companies for residents to buy electricity from. With Lake Forest electricity companies trying their hardest to outperform their rival companies, it is the energy consumers who are the real winners, as they can take advantage of compelling energy plans for the least amount of money. Sometimes this high-level of competition is sufficient to embolden less-than-legitimate electricity companies to implement questionable marketing tactics in order to lure new consumers.

The good news is you can use to keep away from these less-than-reputable energy providers that don’t deserve your money. You can learn more about the various energy providers in Lake Forest through our marketplace. Find Energy showcases the most compelling power plans from only the most reliable energy providers in Lake Forest.

Input your zip code to get the process started. You can also take a look at the top picks for retail electric providers in Lake Forest in this list.

Lake Forest, IL Residential Electricity Rates


Lake Forest Averages

Usage625 kWh

Illinois Averages

Usage640 kWh

United States Averages

Usage860 kWh

The average price of electricity in Lake Forest is currently 19.01 cents for every kilowatt-hour. As of writing, 14.53 cents for every kWh is the statewide average; while 15.73 cents per kWh is currently the countrywide average.

On average, residents in Lake Forest, Illinois pay $118.76 for their electricity each month. You can compare this to the statewide monthly energy bill, which currently averages $92.97; as well as the national monthly electricity bill, which presently averages $135.39.

It is worth understanding that energy prices may change from these averages depending on how much electricity you use. Energy plans typically aren’t so straightforward, and the connection between monthly kWh usage levels and particular electricity rates is one that leaves a lot of consumers perplexed.

We clearly show the TOS of every plan we include in our marketplace to guarantee there will not be any confusion for those using our marketplace. The Terms of Service (TOS) of your energy plan explains crucial energy information that you should learn about. Consulting the TOS will allow you to make an apples-to-apples comparison between your energy plan and the various energy offerings from different energy companies.

Make better energy decisions—the Find Energy marketplace allows you to directly check TOS highlights of the many different electricity offerings available in your area. Learn about the most attractive electricity plans available in your area on; Find Energy showcases readily available information including the conditions, terms, and prices of various electricity plans from various electricity suppliers in your area.

Save on your electricity bill using our marketplace—visit and fill in your zip code. Use our marketplace to get access to Lake Forest’s most reputable energy suppliers and their most attractive residential energy plans.

Find Energy has created this shortlist of the most competitive residential electricity plans available to Lake Forest residents.

Lake Forest, Illinois Residential Electricity Plans


Lake Forest, IL Commercial Electricity Rates


Lake Forest Averages

Usage16,036 kWh

Illinois Averages

Usage3,102 kWh

United States Averages

Usage5,591 kWh

Lake Forest, Illinois entrepreneurs pay an average rate of 13.45 cents for every kilowatt-hour for their business electricity. You can compare this to the state average, which is presently at 11.86 cents for every kWh; as well as the national average, which is presently at 12.00 cents per kilowatt-hour.

Entrepreneurs in Lake Forest pay an average monthly electricity bill of $2,156.53. At the moment, $368.11 is currently the state monthly energy bill average, while $670.91 is the national monthly electricity bill average.

For businesses of all sizes, electricity bills regularly can be a decent sized portion of the monthly expenses used to run operations. Businesses electricity accounts average approximately 12 times more electricity than residential electricity accounts. Decreasing electricity expenses is an easy method to grow your business' profits. Many companies can have four or five figure reductions in their annual overhead by finding an electricity rate that is lower by just a penny.

For businesses who normally receive an electricity bill of $3,000, Find Energy can help you get customized pricing from the most established energy companies in the Lake Forest area.

Lake Forest area businesses may be able to decrease your monthly electricity bill by 15% to 25% if they shop for their energy plan through our online marketplace.

Our marketplace offers the best business energy plans being offered in your area. Fill in your zip code, and shop with confidence with

Check out the list below for the best electricity rates available in the Lake Forest area.

Lake Forest, Illinois Commercial Electricity Plans


There are no Commercial plans available.

There's no harm in comparing the currently available deregulated market rates versus the rate you are actively paying, especially when you keep in mind the following facts:

  • Your business could save substantial amounts by subscribing to a fixed-rate plan - Our team at Find Energy deal almost exclusively with fixed rate plans. If electricity rates are currently trending upwards, then securing current rates may be one of the most important business decisions you make this week.
  • No service interruptions during the switching period - Zero electricity service interruptions will happen when changing suppliers. Your customers and employees will not see any differences during the switching process.
  • Switching service providers only takes a few minutes - Our intention is to instantaneously and efficiently help your organization to save money in the long term. Find Energy has built our shopping process to be as hands free for you as possible. All you need to do is your information. After you confirm your account with us, our team will take care of the entire switching process. We will make certain that your organization is provided with only the best deals from the best electricity suppliers on the market.
  • No need to inform your existing electric service provider - There is no need for a “break up” call with your existing supplier if you are not under contract. If you haven't signed a contract with an electricity supplier, the entire transition can be taken care of by Find Energy. If you're not sure, however, we can check that for you as well. If you are under contract, we still may be able to save you money, so reach out!
  • Free quotations without obligation - It doesn't matter if Find Energy has already spent the time getting a quote for your organization. There is absolutely no obligation on your part to make the switch, unless you're completely happy with the rates you receive from Find Energy. We've created our process to be as risk free as possible for you and your establishment!

Our team at Find Energy makes the entire process straightforward. Simply fill in your zip code on this page and answer a couple of easy questions. These will enable us to get started on our search for the best priced services for your organization!

Lake Forest, IL Utility Company

Commonwealth Edison is in charge of overseeing the transmission of electricity in the Lake Forest area. If you're experiencing power interruptions in Lake Forest, Illinois, you can connect with Commonwealth Edison.

If you need to get a hold of Commonwealth Edison, you can do so at (800) 334-7661. You can get a hold of Commonwealth Edison on the internet using the company website here.

Lake Forest, Illinois Electricity Rates Over Time


Historical Electricity Rates:

Price Per kWhAverage Bill$0.221/kWh$0.131/kWh$187.58/mo.$74.62/mo.


Historical Electricity Rates:

Price Per kWhAverage Bill$0.221/kWh$0.131/kWh$187.58/mo.$74.62/mo.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code

Shop Electricity Providers by Zip Code in Lake Forest, IL

  • 60035
  • 60045
  • 60040

Lake Forest, Illinois Electricity FAQs


How do I find a renewable electricity plan in Lake Forest?

Using, you can find a 100% Green electricity plan without hassle. Just look for electricity plans that feature the 100% Green label.

How many electricity companies are in Lake Forest?

Lake Forest has a total of 2 companies carrying electricity within the city limits.

What electric company does Lake Forest, Illinois use?

The following are a few of the top electricity companies in Lake Forest:

Who offers the cheapest electricity plans in Lake Forest?

ProviderRate (¢/kWh)
Constellation Energy7.99
Just Energy9.89

How do I choose an electricity company in Lake Forest?

Choosing an electricity company with Find Energy is a simple and easy process. Get the process started by typing in your zip code on this page. Once done, take a second to see what rates are currently available in your city.

What is the cheapest electricity provider in Lake Forest?

The best priced residential electricity plan presently available is priced at 7.99 cents per kWh, sold by Constellation Energy.

What is an affordable electricity rate in Lake Forest?

The lowest rate that can be had in Lake Forest is 7.99 cents per kWh, presently offered by Constellation Energy.

Nick Reese
Last Reviewed By: Nick Reese
Published: 2024-06-22