Savoy, Illinois electricity rates - plans that match your needs

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Electricity Providers in Savoy, Illinois

With a population of 8,857, Savoy is the 245th most populous city in the state. Deregulated electricity markets provide consumers the ability to shop the rates of many electricity companies. Savoy's electricity market is deregulated. Most view the option to choose their electricity supplier as a great thing, but that doesn't mean the choice is always easy. Deceptive or confusing marketing messages and confusing rate terms are everywhere in deregulated electricity markets. Find Energy is here to help weed out companies who don't have a track record and connect consumers to providers with good rates and quality marketing practices.

A utility company in Savoy will handle the transmission of your electricity while you will procure your electricity from a Retail Electricity Provider (REP). Your utility company is based upon where you live and there is no choice to be made. However, customers can choose your REP based on multiple factors. Savoy has 7 REPs providing service to residents within the city limits. This results in tough choices for consumers finding a new provider for electricity. Below are the best providers operating in Savoy.

Savoy, IL Electricity Rates & Bills

Electricity rate terms for plans available in Savoy are often perplexing and even deceiving. We strive to make things easier for you and show plans that have uncomplicated rates and terms. We encourage everyone to take a look at the terms and conditions on any plan before you commit to it. Terms and conditions documents have rate and term information spelled out clearly for you to easily understand what to look for once you subscribe to a new plan.

Savoy's price trends are available below.

Savoy, Illinois Electricity Price Trends

Residential

Savoy Averages

Rate 13.79¢
Usage 888 kWh
Bill $122

Illinois Averages

Rate 13.08¢
Usage 684 kWh
Bill $89

United States Averages

Rate 13.47¢
Usage 886 kWh
Bill $119

Commercial

Savoy Averages

Rate 13.79¢
Usage 888 kWh
Bill $122

Illinois Averages

Rate 13.08¢
Usage 684 kWh
Bill $89

United States Averages

Rate 13.47¢
Usage 886 kWh
Bill $119

Savoy, IL Electricity Rates Over Time

Residential

Historical Electricity Rates:

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

Commercial

Historical Electricity Rates:

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

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

  • The average rate per kilowatt-hour for residential electricity in Savoy is 13.79 cents. The state average is 13.08 cents and the national average is 13.47 cents.
  • The average residential monthly electricity bill in the city is $122.4, while the state average is $89.48 and the countrywide average is 119.32
  • Savoy's current average commercial electricity rate is 11.09 cents per kilowatt-hour. The Illinois state average is 10.87 cents and the countrywide average is 10.55 cents.
  • Savoy businesses average a monthly commercial electricity bill of $912.34. The average in Illinois is $372.55 and the average in the United States is 564.41 per month.

Residential

Commercial

Savoy, IL Commercial Electricity

Your company, no matter the size, almost certainly uses enough electricity to make your monthly bill an amount that matters. Procuring a competitive business rate is therefore vital to reducing expenses. We've made the process simple. We take care of the hard part! Obtaining an electricity plan with even a marginally better rate can add up to your business keeping substantially more of its revenue than it is currently. Businesses of different kinds are able to save money every billing cycle by researching more competitive electricity deals.

Our team has compiled a record of some of the most competitive commercial electricity plans in Savoy. If your business has a monthly bill that is a few thousand dollars or more, we can forward a request for custom pricing to various suppliers based in Savoy, so that they can bid on your business.. Personalized plans allow you to receive the most attractive rate possible for your company. It's not a good idea to miss out on substantial savings by not taking a few minutes to see whether there is a better electricity rate out there for your business.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


There's zero risk in checking the currently available deregulated electricity rates against the rate you are normally paying, especially when you keep in mind the following points:

  • Your business may save substantial amounts with a fixed-rate plan - Locking in a low fixed rate enables companies to save now and project their yearly electricity expenses with a high level of accuracy.
  • The switching experience is seamless as there is zero service interruptions - Electricity never stops flowing to your company if you're already receiving service. The only difference you mayl notice when you switch electricity providers is the reduced charge on your new bill.
  • The whole changing process takes a few minutes - Just submit your information and we'll do the the hard part! We'll find you with the most attractive options for your establishment and help you through the entire decision-making process.
  • We will handle the entire switching process - For businesses who are not in contract with an electric supplier, you don't need to wait on hold. Our staff can easily take over and take care of the switching process on your behalf. Even if you are under contract, or are not sure, we can likely we will be able to save you money.
  • There's no to buy - Not impressed with the deal you got after you submit your information? No worries. There is absolutely no obligation on your part to make the switch. It is entirely up to you if you want to sign up for a new deal. This, of course, is what makes it all the more important for Find Energy to get you a great deal that you will be happy with!

Find Energy is committed to providing you the lowest electricity prices in Illinois. To start saving on your electricity expenses, just enter your zip code and answer a few questions. After this short and thorough process, you could see your establishment's monthly electricity bills decrease by as much as 15% to 25%.

Savoy, IL's Utility Company is Versant Power

Versant Power is the primary electric utility company in Savoy. In the event that your residence or organization loses power, you should report this incident directly to the utility company. In case of a blackout, you can reach out to Versant Power at (207) 973-2000, or you can report a blackout via the internet through website.

Shop Electricity Providers by Zip Code in Savoy, IL

  • 61820
  • 61822
  • 61874
  • 61880

Savoy, IL Electricity FAQs

FAQ

What is the cheapest electricity company in Savoy?

Constellation Energy, at the moment, has the cheapest residential power plan with a rate of 8.99 cents per kilowatt-hour.

Who offers the best electricity rates in Savoy?

Here you can find the best electricity rates presently sold in Savoy:

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

How many electricity providers are in Savoy?

Savoy has a total of 7 suppliers selling electricity within the city limits.

How should I pick an electricity provider in Savoy?

Choosing an electricity provider with Find Energy is a straightforward and convenient process. Start the process by filling out your zip code. After doing so, take a minute to see what pricing rates are currently available in your area.

How do I find a renewable electricity plan in Savoy?

Shopping for a green electricity plan in Savoy is a pretty convenient process! Just enter your zip code on this page, and then look for electricity plans that have the 100% Green label on Find Energy.

What electric company does Savoy, Illinois use?

Versant Power is the primary utility company in Savoy, but dozens of companies offer electricity in the deregulated Savoy market. The following is a comprehensive registry of our best companies carrying electricity in the city:

What is an affordable electricity rate in Savoy?

The best priced rate offered in Savoy is 8.99 cents per kWh, presently sold by Constellation Energy.

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