Oakbrook Terrace, Illinois electricity rates - plans that match your needs

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Electricity Providers in Oakbrook Terrace, Illinois

Oakbrook Terrace is the state's 447th most populated city. Consumers in Oakbrook Terrace can choose who they buy their business or home’s electricity from since the area is a deregulated electricity market. A drawback to deregulation is that where there is money to be made, there is sometimes the opportunity for misleading or confusing sales tactics. Staying away from these types of providers is easy. Just use our website, where we have sorted through the dozens of providers in the market and only list plans from quality organizations.

A utility company handles the delivery of your electricity while a Retail Electric Provider (REP) is the company that you will purchase your electricity from. Deregulated markets allow businesses and residences to have choices when it comes to the price they pay for electricity. Nevertheless, there will only be one option for the utility company who services your residential or business address. Oakbrook Terrace is served by 7 different REPs, which is an overwhelming amount of options for consumers. We have compiled a list of some of the best companies who sell electricity in Oakbrook Terrace.

Oakbrook Terrace, IL Electricity Rates & Bills

Understanding the plans advertised by retail electricity providers in Oakbrook Terrace can bedifficult. We show you plans and providers with clearly defined rate information and terms. We implore looking over the terms and conditions of your desired plan prior to when you complete your purchase. The terms and conditions document makes it plain and simple what to look for when your new, lower, electricity bills start arriving.

Oakbrook Terrace’s electricity rates change continuously. You can see patterns below.

Oakbrook Terrace, Illinois Electricity Price Trends

Residential

Oakbrook Terrace Averages

Rate14.81¢
Usage719 kWh
Bill$106

Illinois Averages

Rate13.08¢
Usage684 kWh
Bill$89

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Commercial

Oakbrook Terrace Averages

Rate14.81¢
Usage719 kWh
Bill$106

Illinois Averages

Rate13.08¢
Usage684 kWh
Bill$89

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Oakbrook Terrace, 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 Oakbrook Terrace, Illinois

  • The residential electricity rates in Oakbrook Terrace are currently 14.81 cents per kilowatt-hour. The, while the state average is 13.08 and the national average is 13.47.
  • Oakbrook Terrace citizens, on average, pay a monthly electricity bill of $106.46. The state of Illinois averages $89.48 per home per month and the countrywide average is 119.32 per month.
  • The commercial electricity rates in Oakbrook Terrace are currently11.92 cents per kilowatt-hour, while the Illinois average is 10.87 and the national average is 10.55.
  • The average commercial monthly electricity bill in Oakbrook Terrace is $654.97. The state average is $372.55 and the national average is 564.41.

Residential

Commercial

Oakbrook Terrace, IL Commercial Electricity

Don’t cost your company money by not shopping around in our business electricity comparison tool. Our business electricity plan comparison process is very simple to make sure that you don't have to spend much effort on this. We take care of the hard stuff! Even small reductions in electricity costs could save your company significant amounts of money on your monthly expenses. With a more sensible electricity plan, your business (regardless if it’s big or small) can save significantly on your monthly electric expenses.

Our team has compiled a record of some of the most competitive commercial electricity plans in Oakbrook Terrace. Establishments with high electricity consumption (expenses amounting to a few thousand dollars on average) can take advantage of custom pricing rates from the electricity companies in Oakbrook Terrace. A custom electricity plan typically offers significant long-term savings to the consumer. A lot of companies leave money on the table by not spending a moment to see if currently available rates are better 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 if you’re still uncertain about shopping for a new business electricity rate:

  • Your organization may save significant amounts using a fixed-rate plan - Almost every plan on our marketplace is a fixed rate plan, as our experience tells us that these sorts of electricity plans are best for consumers. Fixed rate plans allow consumers to know just what they will be paying per kilowatt-hour each month and give them the ability to lock in the most attractive rates in the market, even if the price of electricity skyrockets.
  • Your power will not stop during the switching process - Electricity keeps flowing to your business if you already have service. In fact, the only difference you will notice is the reduced rate on your new bill.
  • You’ll save money without investing much time - Just submit your information and let us do the everything else! We’ll present you with the best options for your establishment and help you make an informed decision on which plan is right for your business.
  • Zero “break up” call with your current electric supplier - For businesses who are not under contract with a provider, you don’t need to wait on hold. Find Energy can easily take charge and handle the switching process on your behalf. Even if you are under contract, or are not sure if you are, it is highly likely we will still be able to save you money.
  • There’s no to buy - Don’t like the quote you got after you submit your information? No problem. There is absolutely zero obligation to make the switch. It is completely up to you whether to sign up for a new plan. This, of course, is what motivates us to get you the best pricing rate that you can't refuse!

To start saving on your monthly electricity bill, the fastest way is to get the process rolling as early as possible. All you have to do is type in your zip code on the page above and type in your answers to a few simple questions. Your information will make it easy for us to lock in the lowest electricity rates for your business. In our experience, companies are usually able to save between 15% and 25% on their monthly electricity expenses after using Find Energy.

Oakbrook Terrace, IL's Utility Company is Commonwealth Edison

Commonwealth Edison is in charge of providing utility services in the Oakbrook Terrace area. Losing power in your neighborhood can be stressful. Be sure that you get in touch with your electric utility company to report any power outages. Get a hold of Commonwealth Edison directly at (800) 334-7661, or report a blackout on website.

Shop Electricity Providers by Zip Code in Oakbrook Terrace, IL

  • 60148
  • 60126
  • 60181
  • 60523

Oakbrook Terrace, IL Electricity FAQs

FAQ

How many providers are in Oakbrook Terrace?

At the moment, 7 companies have operations Oakbrook Terrace.

What electric company does Oakbrook Terrace, Illinois use?

Oakbrook Terrace’s electric utility is Commonwealth Edison, however, Oakbrook Terrace users can buy their electricity from dozens of different suppliers, including the ones in following list:

What is the cheapest electricity company in Oakbrook Terrace?

Constellation Energy presently has the cheapest residential power plan in your area, selling at a rate of 8.99 cents per kWh.

How do I pick an electricity provider in Oakbrook Terrace?

With dozens of suppliers vying for your dollars, it is wise to make use of a website like findenergy.com to help you evaluate your options. You can do this by entering your zip code on this page. Alternatively, you can look up individual company websites, and through the use of an Excel file or a Word document, you can record and compare the various rates you find.

What is a good electricity rate in Oakbrook Terrace?

The lowest plan available in Oakbrook Terrace is 8.99 cents per kWh, presently sold by Constellation Energy.

How do I find a green electricity plan in Oakbrook Terrace?

Through FindEnergy.com, you can buy a 100% Green electricity plan quickly. Just shop for electricity deals that feature the 100% Green label.

Who has the best electricity rates in Oakbrook Terrace?

The following are the lowest electricity plans that can be bought in Oakbrook Terrace.

ProviderRate (¢/kWh)
Constellation Energy8.99
Just Energy10.39
Direct Energy10.49
Spark Energy13.69

Last Reviewed By: Matt Hope
Published: 2021-03-16