Lakemoor, Illinois electricity rates - plans that match your needs

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Electricity Providers in Lakemoor, Illinois

Lakemoor is located in Lake County, IL and is the 299th largest city in Illinois by population, having 6,182 citizens. Deregulated electricity markets, like Lakemoor, allow customers to shop the rates of many electricity companies. The ability to choose can be a , however it is imperative to pay attention to the messaging of the marketing messages and confusing plan terms that are used by some of these electricity suppliers. Staying away from these types of suppliers is easy. Simply use the Find Energy website, where we have sorted through the hundreds of providers in the market and only feature plans from quality organizations.

In a deregulated market, a customer will be served by both a utility company, and an electricity supplier, also known as a Retail Electric Provider (REP). Utility companies , by design, have set service areas and consumers are unable pick which utility provides them service. However, consumers can choose between the REPs in their area for the purchase of electricity. There are 7 REPs to decide from for electricity in the Lakemoor area. To assist, we've created a brief list of the best providers serving residential and commercial electricity in Lakemoor.

Lakemoor, IL Electricity Rates & Bills

Electricity prices are commonly not easy to understand on electricity plans in Lakemoor. We make it our job to make things easy for you and show plans that have simple rates and terms. Reading the details of the terms and conditions is vital prior to you purchasing a plan. The terms and conditions document is a great source of information and will help you to understand exactly what to expect from your future electricity plan. If you are not shown a terms and conditions document, DO NOT buy the plan.

Patterns for electricity rate fluctuations in the Lakemoor area are viewable below.

Lakemoor, Illinois Electricity Price Trends

Residential

Lakemoor Averages

Rate 15.33¢
Usage 687 kWh
Bill $105

Illinois Averages

Rate 13.08¢
Usage 684 kWh
Bill $89

United States Averages

Rate 13.47¢
Usage 886 kWh
Bill $119

Commercial

Lakemoor Averages

Rate 15.33¢
Usage 687 kWh
Bill $105

Illinois Averages

Rate 13.08¢
Usage 684 kWh
Bill $89

United States Averages

Rate 13.47¢
Usage 886 kWh
Bill $119

Lakemoor, IL Electricity Rates Over Time

Residential

Historical Electricity Rates:

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

Commercial

Historical Electricity Rates:

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

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

  • The current average residential electricity rate in Lakemoor is 15.33 cents per kilowatt-hour. The current average in Illinois is 13.08 cents and the national average is 13.47 cents.
  • Lakemoor's average monthly residential electricity bill is $105.32. The average for the state of Illinois is $89.48 and for the US is 119.32.
  • Commercial rates in Lakemoor currentlyaverage 11.83 cents per kilowatt-hour, compared to 10.87 cents for the state average and 10.55 cents for the national average.
  • Lakemoor businesses, on average, spend $509.24 a month on their electricity expense. The state of Illinois averages $372.55 per residence per month and the national average is 564.41 per month.

Residential

Commercial

Lakemoor, IL Commercial Electricity

With the ability to significantly save on your electricity bill just moments away, don't leave your business in a disadvantaged situation by having higher than needed monthly expenses. Business owners can spend a minimal amount of time to begin the comparison process and our team can handle the heavy lifting! Your establishment could be saving hundreds of dollars, even if the currently available rates are just a fraction of a cent less than your existing plan. Whether you are a large manufacturing plants or a small flower shop, you can take advantage of some of the most competitive plans offered by electric service providers trying to outdo one another for your business.

We showcase many of the most competitive electricity pricing available on our marketplace. If your establishment has a monthly bill that amounts to a few thousand dollars or more, we can forward a request for custom pricing to different suppliers operating in Lakemoor, so that they can bid on your business.. This guarantees that your organization enjoys the lowest rate possible. With more than a few effective ways for an establishment to save, anybody refusing to take advantage of the deregulated market in Lakemoor is surely leaving some cash on the table.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


If you are considering whether you should try this, the following are a number of things to keep in mind:

  • No surprises besides the amount you'll save - Fixed rate plans empower consumers lock in rates for extended periods of time. They also empower your organization to predict expenses without the worry of possible massive price increases that come with variable rate plans.
  • Your power won't be cut off during the switching period - Power never stops flowing to your establishment if you're already receiving service. The only change you will notice is the lower rate on your new bill.
  • Quick, simple, and painless - All you need to do is spend a few minutes filling out your information with Find Energy. After that, we will take care of the heavy lifting. You will secure a brand new electricity plan and spend almost no time.
  • No need to inform your current service provider - There is no need to get in touch your current supplier if you are under no contract. In most cases, this remains just as true even if you are under contract. Our staff handles the communication with the electricity suppliers. At the end of the day, we will provide you with the best plans currently available in your area.
  • Zero obligation to make the switch - There isn't any obligation to purchase a plan if you aren't satisfied with the quotes you receive. We've worked hard to make this process as risk free as possible for consumers. Look around. See your options. Switch if it makes perfect sense. It's really that easy!

To start saving on your monthly electricity bill, the easiest way is to get the process going as early as possible. All you have to do is to type in your zip code on this page and answer a few simple questions. This will make it easy for us to determine the best options for your business. A good number of businesses will save between 15% and 25% on their monthly electricity bill after buying a new plan through Find Energy.

Lakemoor, IL's Utility Company is Commonwealth Edison

Commonwealth Edison is the biggest utility company in Lakemoor. In the event of an electrical outage, this is the number you should reach out to. In case of an electricity outage, you can reach out to Commonwealth Edison at (800) 334-7661, or you can report a power disruption over the internet on website.

Shop Electricity Providers by Zip Code in Lakemoor, IL

  • 60073
  • 60051
  • 60041

Lakemoor, IL Electricity FAQs

FAQ

What electric company does Lakemoor, Illinois use?

Lakemoor's electric utility is Commonwealth Edison, but Lakemoor residents can buy their electricity from many different providers, including the ones listed below:

How should I choose an electricity supplier in Lakemoor?

With a lot of electricity providers bidding for your business, it is wise to use a service like Find Energy to aid you in weighing your many different choices. You can start by typing in your zip code on this page. Or if you want, you can look up all the different company websites, and using an Excel file or a Word document, you can take note of and weigh the different deals you find.

What is a good electricity rate in Lakemoor?

The best electricity rate that can be bought in Lakemoor is 8.99 cents per kWh, presently provided by Constellation Energy.

How many companies are in Lakemoor?

Lakemoor has a total of 7 electricity companies selling electricity within the city limits.

Who offers the best electricity rates in Lakemoor?

Provider Rate (¢/kWh)
Constellation Energy 8.99
Direct Energy 10.39
Just Energy 11.19
Spark Energy 14.59

What is the most affordable electricity company in Lakemoor?

The lowest priced residential electricity plan currently available is priced at 8.99 cents per kWh, supplied by Constellation Energy.

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

Just fill out your zip code, and you can find all electricity deals available in your location that are powered completely by green electricity. Search for the “100% Green” label!

Last Reviewed By: Alex Zdanov
Published: 2021-03-16