Lebanon, Illinois electricity rates - plans that match your needs

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Electricity Providers in Lebanon, Illinois

Lebanon is located in St. Clair County, IL and is the 349th largest city in the state by population. In Lebanon, customers may decide between multiple electricity suppliers when it comes to who provides their electricity. This is called a deregulated electricity market. Unfortunately, deregulated electricity markets have become flooded with fly by night companies with convoluted marketing tactics. This website weeds out suppliers and plans that were created to cause confusion and potentially mislead customers. You will only find highly regarded brands and plans with easy to understand terms and conditions.

Deregulated markets necessitate the coverage of utility companies, own the power lines and handle the electricity transmission, and Retail Electric Providers (REPs), who are the companies in charge of procuring the electricity that consumers use. Since utility companies own the transmission lines that deliver to homes and businesses, customers cannot pick which utility they are served by. In a deregulated market they are able to determine the REP that they secure electricity from. Lebanon citizens have 7 REPs to decide from for purchasing electricity. Here are the best companies selling electricity in Lebanon.

Lebanon, IL Electricity Rates & Bills

Comprehending the rates advertised by retail electricity providers in Lebanon can be challenging. Our electricity marketplace features dozens of plans from companies who provide easy to understand rate information. We always encourage consumers to look at the terms and conditions before making the decision to purchase a plan. The terms and conditions document has important details, including price details and what you can anticipate paying when you consider your actual usage.

Below we feature the recent trends and historical data for electricity rates in Lebanon.

Lebanon, Illinois Electricity Price Trends

Residential

Lebanon Averages

Rate13.3¢
Usage937 kWh
Bill$125

Illinois Averages

Rate13.08¢
Usage684 kWh
Bill$89

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Commercial

Lebanon Averages

Rate13.3¢
Usage937 kWh
Bill$125

Illinois Averages

Rate13.08¢
Usage684 kWh
Bill$89

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Lebanon, IL Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.137/kWh$0.079/kWh$127.21/mo.$65.81/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.137/kWh$0.079/kWh$127.21/mo.$65.81/mo.

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

  • Lebanon’s average residential electricity price is 13.30 cents per kilowatt-hour. The Illinois state average is 13.08 cents and the US average is 13.47 cents.
  • Lebanon residents, on average, pay a monthly electricity bill of $124.6. The state of Illinois averages $89.48 per home per month and the national average is 119.32 per month.
  • At present, the average commercial electricity rate in Lebanon is 11.22 cents per kilowatt-hour. The current average in Illinois is 10.87 cents and the countrywide average is 10.55 cents.
  • Lebanon’s average monthly commercial electricity expense is $855.01. The average for the state of Illinois is $372.55 and for the US is 564.41.

Residential

Commercial

Lebanon, IL Commercial Electricity

Not looking into the competitive electricity rates in deregulated markets like Lebanon is a mistake that many business managers and owners make. While the process of switching providers may seem daunting at first, we've gone above and beyond to create a process that is seamless and as easy as possible for businesses. Find Energy takes care of the hard stuff! Getting a rate that is cheaper by just a few percentage points on your electricity plan for your business could result in thousands of dollars of savings a year. All types of organizations, from locally run cafes to electricity intensive chemical plants , should be trying to make the most out of the chance to compare their current electricity rate with what is available on the market.

Our marketplace features some of the most attractive pricing available in Lebanon, making it possible for your company to sock away substantial savings. To help you cut back on your monthly bill, Find Energy can submit your company for custom pricing consideration to electricity companies, provided that your monthly bill exceeds $3,000. Personalized plans allow you to enjoy the best rate available for your company. A lot of companies leave money on the table by not taking a few short minutes to see if alternative rates are more compelling than the prices they are now paying.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


Consider the following facts if you’re still undecided about shopping for a new business electricity plan:

  • Your company may save thousands using a fixed-rate plan - Fixed rate plans allow users secure rates for significant amounts of time. They also enable your business to predict overheads with zero worries of potential massive price increases that are common with variable rate plans.
  • No power inconvenience during the switching period - No electricity service interruptions will occur when switching providers. Your customers and employees won’t see any changes during the switching process.
  • Switching electricity service providers only takes a couple of minutes of your time - Once you fill out your organization’s information, we will do all of the work for you. Relative to the size of your establishment, we will show you the lowest available prices in your location. For companies with a large enough bill, our team will receive personalized pricing from the the most reliable electricity suppliers serving your city.
  • Zero calls to your current electricity provider required - There is no need for a “break up” call with your existing provider if you are not under contract. If you haven’t signed a contract with an electricity service company, the entire switching process can be taken care of by our staff at Find Energy. If you’re not sure, however, we can confirm it for you too. If you are under contract, we still may be able to find a way to save you money, so reach out!
  • There’s zero commitment to commit - Not convinced with the quote you received after you submit your information? No worries. There is zero obligation to make the switch. It is completely your call if you want to sign up for a new deal. This, of course, is what makes it all the more important for us to find you the best pricing rate that you will be happy with!

If you’re ready for your organization to begin cutting back on electricity expenses asap, then type in your zip code on this page and answer these easy questions. Find Energy will start recommending you the lowest electricity rates right away! Most businesses will save anywhere between 15% and 25% on their monthly expenses after securing a new deal through our website.

Lebanon, IL's Utility Company is Versant Power

Versant Power is the primary utility company in your area. In the event that your residence or business loses electricity, you must report this outage directly to the utility company. In case of an electricity disruption, you can call Versant Power at (207) 973-2000, or you can report a power outage over the internet on website.

Shop Electricity Providers by Zip Code in Lebanon, IL

  • 62254

Lebanon, IL Electricity FAQs

FAQ

How do I find a green electricity plan in Lebanon?

Simply fill out your zip code, and you can shop for all available plans and take a closer look at what percentage of each plan is sourced from green electricity.

What is a fair electricity rate in Lebanon?

The lowest rate available in Lebanon is 8.99 cents per kWh, presently supplied by Constellation Energy.

Who has the most affordable electricity plans in Lebanon?

Lebanon’s most affordable electricity deals include the following:

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

How many providers are in Lebanon?

There are presently 7 companies selling electricity in Lebanon.

How should I choose an electricity company in Lebanon?

With many different electricity providers competing for your dollars, it is a wise move to make use of a website like findenergy.com to help you compare your choices. You can do this by typing in your zip code. Similarly, you can visit individual company websites, and using an Excel sheet or a Word document, you can take note of and compare the various rates you find.

What electric company does Lebanon, Illinois use?

Lebanon’s electric utility company is Versant Power, although, Lebanon customers can buy their electricity through a lot of different providers, including the ones in following list:

Who is the most affordable electricity provider in Lebanon?

Constellation Energy currently has the best residential plan in your neighborhood, selling at a rate of 8.99 cents per kWh.

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