Oakwood, Illinois Electricity Rates & Plans

Oakwood, Illinois electricity rates - plans that match your needs

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Electricity Providers in Oakwood, Illinois

Oakwood has a total population of 1,420 residents—the 602nd largest city by population in the state of Illinois.

When buying electricity, Oakwood residents have options. The area has a deregulated energy market, meaning companies can compete for the business of the area's population. This competition results in competitive energy plans and cheaper prices per kilowatt-hour for citizens in Oakwood, Illinois. While it’s mostly good news for customers, at least for the most part, there are untrustworthy energy companies who are looking to attract customers by using confusing marketing and purposefully confusing plan terms.

FindEnergy.com can help make sure that you’re protected against these sketchy electricity suppliers. There’s a lot of research required when you’re looking into purchasing a new electricity plan, and Find Energy has gathered valuable information on the many different electricity companies that operate in Oakwood, so you don’t have to. The Find Energy marketplace showcases compelling electricity plans from dependable energy providers.

Let our marketplace get you the most compelling electricity offerings in your location—all you need to do is input your zip code. Or you can view some of the most reliable providers in Oakwood in this list.

Oakwood, IL Residential Electricity Rates


Oakwood Averages

Usage679 kWh

Illinois Averages

Usage640 kWh

United States Averages

Usage860 kWh

The average cost of residential electricity for consumers in Oakwood, Illinois is at 18.87 cents for every kilowatt-hour. You can compare this to the statewide average, which is presently at 14.53 cents for every kilowatt-hour; as well as the countrywide average, which is at 15.73 cents for every kWh.

If you’re residing in Oakwood, you will be paying $128.14 for your electricity each month, on average. Meanwhile: Illinois’s current monthly electricity bill averages $92.97, and the present US monthly electricity bill averages $135.39.

Electricity consumption is typically expressed in kWh, and your energy costs may change significantly from the averages listed depending on the amount of energy you consume. Kilowatt-hour usage, individual energy preferences, plan-specific terms—all of these can make things a little too confusing for plenty of consumers.

To assist in bringing clarity to our users, we include a TOS with all plans we show in our marketplace. Read invaluable information about your electricity plan by reading the Terms of Service (TOS).. Consulting the Terms of Service will enable you to make a fairly straightforward comparison between your energy plan and the different energy plans from various electricity companies.

Our team at Find Energy has researched Terms of Service of the many different electricity plans available in your location. Find Energy is keen on helping Oakwood residents make the right energy decisions; FindEnergy.com provides important electricity information, including the conditions, terms, and prices of the most compelling energy offerings available to you, as well as the most reputable energy suppliers that serve your location.

Type in your zip code, and shop conveniently with FindEnergy.com. Get your hands on the most attractive residential energy plans in your area using the Find Energy marketplace.

You can find some of the best residential energy plans in your area in the following list.

Oakwood, Illinois Residential Electricity Plans


Oakwood, IL Commercial Electricity Rates


Oakwood Averages

Usage20,683 kWh

Illinois Averages

Usage3,102 kWh

United States Averages

Usage5,591 kWh

Oakwood area’s business electricity rate is at 13.07 cents per kilowatt-hour. Present statewide and national average is priced at 11.86 cents for every kilowatt-hour and 12.00 cents for every kilowatt-hour respectively.

You’ll be paying an average of $2,702.61 for electricity each month if you’re doing business in Oakwood You can compare this to both the statewide and national monthly energy bills that currently average $368.11 and $670.91 respectively.

Large supplies of electricity are needed to operate most business types. The average business electricity account uses 12 times the quantity of electricity that an apartment or house does. If your company has substantial electricity usage then shopping for a reduced electricity rate is good business. Committing some time up front on even slightly trimming the electricity expenses will result in savings for the entirety of your contract.

Find Energy can send custom pricing requests for business establishments in Oakwood that normally spend $3,000 or more on electricity per month.

FindEnergy.com helps businesses in Oakwood potentially reduce their bill by 25%; visit FindEnergy.com today.

Home to many established Oakwood electricity suppliers, our website gives you access to the best business energy plans being offered in Oakwood, Illinois. Your new business energy plan is on the way—fill in your zip code.

If you're a business owner or manager in Oakwood, Illinois, you might want to check this shortlist of the most attractive business electricity plans available in your location below.

Oakwood, Illinois Commercial Electricity Plans


There are no Commercial plans available.

If you are on the fence about shopping for deregulated electricity rates, the following are a few key considerations you might want to take:

  • Your organization could save thousands by signing up for a fixed-rate plan - Fixed rate plans are the recommended plan of choice here at Find Energy. These plans lock in competitive rates and ensure you can predict how much you will be paying per kilowatt-hour every month.
  • Switching electricity providers won't result in a power interruption - You don't need to worry about a temporary loss of electricity during the switching process as your utility will continue providing power. The only change you will notice is the lower number on your new monthly bill!
  • Switching your service provider only requires a couple of minutes - Just fill out your information and let us do the rest! We'll present you with the best rates for your organization and help you make an informed decision on which plan is right for your company.
  • Zero calls to your existing electricity service company required - There is no need to get in touch your current provider if you are not under contract. In many cases, this remains just as true even if you are under contract. Find Energy takes care of the communication with the electricity service providers. At the end of the day, Find Energy will present you with the best plans currently available in your area.
  • There's no obligation to buy - Underwhelmed by the deal you received after you submit your information? No problem. There is absolutely no obligation to make the transition. It is entirely your call if you want to sign up for a new deal. This, of course, is what motivates Find Energy to get you the best plan that you will be happy with!

Our team at Find Energy makes the whole process hassle-free for you. Just fill in your zip code on this page and answer a few easy questions. Your information will allow us to get started on our search for your next electricity plan!

Oakwood, IL Utility Company

As the primary utility provider in Oakwood, the delivery of electricity is taken care of by Versant Power. In case of a black out or if you have concerns about your electricity services, contact Versant Power.

If you wish to get a hold of Versant Power, you can do so at (207) 973-2000. You can also visit Versant Power's official website here.

Oakwood, Illinois Electricity Rates Over Time


Historical Electricity Rates:

Price Per kWhAverage Bill$0.219/kWh$0.129/kWh$201.52/mo.$78.82/mo.


Historical Electricity Rates:

Price Per kWhAverage Bill$0.219/kWh$0.129/kWh$201.52/mo.$78.82/mo.

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  • 61858

Oakwood, Illinois Electricity FAQs


How many electricity suppliers are in Oakwood?

There are presently 2 providers selling electricity in Oakwood.

Who provides the most affordable electricity services in Oakwood?

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

What is an affordable electricity rate in Oakwood?

The lowest priced electricity plan that can be purchased in Oakwood is 7.99 cents per kWh, presently sold by Constellation Energy.

How should I pick an electricity company in Oakwood?

Shopping for an electricity supplier in our online marketplace is a straightforward and hassle-free experience. Start by filling out your zip code. After doing so, take a minute to see what price points are currently available in your location.

What electric utility company does Oakwood, Illinois use?

The following suppliers are our best electricity vendors in Oakwood:

What is the most affordable electricity company in Oakwood?

Constellation Energy is currently selling a residential power plan at 7.99 cents per kWh, which is the cheapest power plan we currently have in our marketplace.

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

Shopping for a green electricity plan in Oakwood is a pretty quick process! All you need to do is fill out your zip code, and then search for electricity deals that display the 100% Green label on our online marketplace. Easy as that!

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-06-24