Mount Prospect, Illinois electricity rates - plans that match your needs

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Electricity Providers in Mount Prospect, Illinois

Mount Prospect is home to 56,852 residents and is the 24th largest city in Illinois by population.

There is a highly competitive deregulated electricity market in Mount Prospect, with energy suppliers vying for consumer's business. For the consumers, this competition between Mount Prospect’s electricity suppliers is a gift that keeps on giving, allowing them to enjoy compelling energy plans at the most compelling possible prices. Unfortunately, there’s no scarcity of dishonest energy companies who lure unsuspecting consumers with sketchy marketing and deliberately deceptive plan information.

FindEnergy.com can help make sure that you’re protected against these less-than-legitimate energy companies. FindEnergy.com is a repository of energy information, and we have done the necessary research to empower you to make informed choices when shopping for a new energy plan. Only the most compelling power plans from only the most reputable electricity companies in your area are highlighted on our website.

What are you waiting for—input your zip code, and shop for the most attractive electricity offerings in your area. Take a look at some of the most reliable suppliers in Mount Prospect in the list below.

Mount Prospect, IL Residential Electricity Rates

Residential

Mount Prospect Averages

Rate15¢
Usage622 kWh
Bill$93

Illinois Averages

Rate13.34¢
Usage685 kWh
Bill$91

United States Averages

Rate13.71¢
Usage884 kWh
Bill$121

The present average price of residential electricity in Mount Prospect is 15.00 cents per kilowatt-hour. At the moment, 13.34 cents per kilowatt-hour is the statewide average; while 13.71 cents for every kilowatt-hour is currently the national average.

The monthly energy bill in the Mount Prospect area is at an average of $93.27. For the sake of comparison: the average monthly residential electricity bill in Illinois is $91.42, and the average monthly residential electricity bill in the US is $121.23.

Your electricity bills tend to substantially vary from the numbers above depending on your monthly energy consumption. Electricity plans typically aren’t so cut-and-dry, and the correlation between monthly kilowatt-hour usage levels and particular energy rates is one that leaves a lot of consumers puzzled.

We limit this confusion by including a TOS with the plans we feature in our marketplace. Read your Terms of Service (TOS) to clarify important information about an energy plan. Remembering to consult Terms of Service will not only allow you to learn valuable electricity information—such as the terms, conditions, and price information of your electricity plan—but will also allow you to easily examine various energy plans in a standard format.

Our team has created TOS highlights on many different energy plans from various energy providers in your area. To make energy shopping a lot easier, FindEnergy.com highlights the conditions, terms, and price information of these energy plans.

Your new electricity plan is on the way—type in your zip code. Residents of Mount Prospect can purchase the most competitive home energy plans from the most reliable energy companies using FindEnergy.com.

The following are some of the most competitive residential electricity plans you can get in Mount Prospect, Illinois.

Mount Prospect, Illinois Residential Electricity Plans

Residential

Mount Prospect, IL Commercial Electricity Rates

Commercial

Mount Prospect Averages

Rate10.53¢
Usage13,985 kWh
Bill$1,473

Illinois Averages

Rate11.1¢
Usage3,454 kWh
Bill$383

United States Averages

Rate10.78¢
Usage5,390 kWh
Bill$581

10.53 cents per kilowatt-hour is the present rate of commercial electricity in the Mount Prospect area. To put it into perspective, the statewide average is currently at 11.10 cents per kilowatt-hour, and the nationwide average is currently at 10.78 cents for every kWh.

The average monthly electricity bill in Mount Prospect, Illinois is $1,472.67. Presently, $383.47 and $580.8 are the statewide and nationwide monthly energy bill average, respectively.

Electricity is a significant expense for many different types of businesses. While your residential electricity bill may not be a significant cost for your family, the average business electricity use is 12 times that of a residential property. If your business has significant electricity consumption then shopping for a new reduced electricity rate is good business. It would be wise to consider that even a slight decrease in your rate per kilowatt hour can make a large impact in your overall expense.

For entrepreneurs who regularly receive an electricity bill of $3,000, Find Energy can help you get custom prices from the most dependable energy companies in Mount Prospect, Illinois.

You can use our website to potentially reduce your electricity bill by 25%.

Our company is focused on helping you buy the most competitive commercial electricity plans in Mount Prospect, Illinois. Let our company help you in finding the most compelling commercial electricity plan in Mount Prospect, Illinois—fill in your zip code.

Our team at Find Energy has created this shortlist of the best commercial electricity plans available to Mount Prospect businesses.

Mount Prospect, Illinois Commercial Electricity Plans

Commercial

Remember the following facts if you're still unsure about shopping for a new commercial electricity plan:

  • Fixed-rate plans may lock in savings for years to come - We work almost solely with fixed rate plans. If current electricity rates are trending upwards, then securing current rates could very well be among the most critical business decisions you make this week.
  • Your power won't be cut off during the switching process - You don't need to concern yourself with a temporary disruption in electricity service during the switching process as your utility company will not stop service. You will simply notice is the lower number on your new monthly bill!
  • The entire experience takes just a couple of minutes of your time - Just fill out your information and let us do the rest! We'll find you with the best rates for your organization and help you through the decision-making process.
  • No need to inform your current electric service provider - There isn't any 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 provider, the entire transition can be taken care of by our team. If you aren't sure, however, our staff 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!
  • Shop for better plans with no obligation - If you are displeased with the quotes you get after entering your information, or if you change your mind for some other reason, know that there is no responsibility on your part to move forward with the switching process. Just inform us that you have changed your mind, and you will remain on with your current service.

If you're ready for your business to begin saving on electricity expenses immediately, then just enter your zip code on this page and answer these few simple questions. We will start finding you the best plans right away!

Mount Prospect, IL Utility Company

Commonwealth Edison is charged with overseeing the delivery of electricity in Mount Prospect, Illinois. Regardless of where you purchase your energy from, if you're experiencing power failures or any other issues, you should reach out to Commonwealth Edison.

If you wish to get in touch with Commonwealth Edison, you can contact the company at (800) 334-7661. Commonwealth Edison can be reached online through the official website here.

Mount Prospect, Illinois Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.139/kWh$0.100/kWh$121.72/mo.$51.45/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.139/kWh$0.100/kWh$121.72/mo.$51.45/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 Mount Prospect, IL

  • 60056
  • 60004
  • 60007
  • 60005
  • 60070

Mount Prospect, Illinois Electricity FAQs

FAQ

How many electricity suppliers are in Mount Prospect?

There are currently 5 electricity providers selling electricity in Mount Prospect.

Who has the cheapest electricity plans in Mount Prospect?

Here are the cheapest electricity rates available in Mount Prospect.

ProviderRate (¢/kWh)
Just Energy8.19
Constellation Energy9.99
Direct Energy10.69
Spark Energy14.19

What electric utility company does Mount Prospect, Illinois use?

Commonwealth Edison is the primary utility company in Mount Prospect, but many other different companies sell electricity in the deregulated Mount Prospect market. The following is a complete registry of our most trusted suppliers offering electricity in Mount Prospect:

How do I choose an electricity company in Mount Prospect?

The whole process is simple! Fill out your zip code on this page, and Find Energy will filter out the cheapest electricity deals available in Mount Prospect for you to consider.

Who is the most affordable electricity supplier in Mount Prospect?

Energy Harbor is currently carrying a residential power plan at 5.89 cents per kWh, which is the best power plan we presently carry in our online marketplace.

What is a good electricity rate in Mount Prospect?

The lowest plan offered in Mount Prospect is 5.89 cents per kWh, currently sold by Energy Harbor.

How do I find a green electricity plan in Mount Prospect?

It's really a pretty simple process! Just enter your zip code on this page, and you can browse all available plans and take note of what percentage of each plan is sourced from green electricity.

Last Reviewed By: Nick Reese
Published: 2022-09-28