University Park, Illinois electricity rates - plans that match your needs

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Electricity Providers in University Park, Illinois

University Park has a population of 7,145 and is located in Will County, IL. Choices abound for University Park residents when it comes to who they get their electricity from. This is due to the fact that the area operates as a deregulated electricity market. The ability to choose is usually a good thing, it should be noted that it is crucial to understand the wording of the marketing messages and confusing plan terms that are used by many of these electricity providers. Our website was built to assist you search for an electricity plan from a highly regarded company that has simple terms and who doesn't use misleading advertising.

In a deregulated market a consumer receives service from a utility company and a Retail Electric Provider (REP). The utility will handle the conveyance of electricity and the REP sells the consumer their electricity.. Because utility companies handle the transmission lines that deliver to businesses and homes, consumers cannot choose which utility they get service from. However, in a deregulated market they are able to select the REP that they buy electricity from. Customer choice creates competition, as there are currently 7 REPs selling power in University Park. We’ve assembled a list of of the best companies who offer electricity in the University Park area.

University Park, IL Electricity Rates & Bills

Comprehending the prices marketed by retail electricity providers in University Park can be somewhat challenging. We have created a selection of clearly spelled out plans on our website, getting access to those plans is as easy as entering your zip code above. Inspecting the terms and conditions before buying an electricity plan in University Park will prevent a lot of headache in the future. Reviewing the terms and conditions document is an essential part of the shopping process. So we make it easy to do for all electricity plans we feature.

Patterns for electricity rate changes in the University Park area can be accessed below.

University Park, Illinois Electricity Price Trends

Residential

University Park Averages

Rate14.85¢
Usage714 kWh
Bill$106

Illinois Averages

Rate13.08¢
Usage684 kWh
Bill$89

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Commercial

University Park Averages

Rate14.85¢
Usage714 kWh
Bill$106

Illinois Averages

Rate13.08¢
Usage684 kWh
Bill$89

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

University Park, 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 University Park, Illinois

  • University Park’s current average residential electricity rate is 14.85 cents per kilowatt-hour. For comparison, the Illinois state average is 13.08 cents and the national average is 13.47 cents.
  • University Park residents average a monthly residential electricity bill of $106.12. The average in the state is $89.48 per month and the average in the US is 119.32 per month.
  • The commercial electricity rates in University Park at present average 11.67 cents per kilowatt-hour. The average for the state of Illinois is 10.87 cents and for the entire country is 10.55 cents.
  • University Park businesses spend an average monthly commercial electricity expense of $621.78. Illinois businesses average $372.55 per month and the national average is 564.41.

Residential

Commercial

University Park, IL Commercial Electricity

For businesses in University Park, not looking into the most competitive business electricity plans could be significantly costing you money. Our comparison process is simple to use and our team takes care of| most of the legwork so you aren't using up your valuable time. This is our business, we will handle it while you handle yours. Procuring an electricity plan with even a slightly cheaper rate could add up to your company keeping significantly more of its revenue than it is now. Regardless of whether you are electricity intensive fertilizer factories or a locally owned doctor’s office, we are confident that there is money to be saved on your usual electricity expenses.

We have collaborated with the top service providers in Illinois so that we can provide truly attractive rates for our business consumers. If your company has a big enough monthly electricity bill that amounts to a few thousand dollars or more, we can request a personalized rate from every electricity service provider in University Park. This guarantees that your business gets the best rate possible. At the end of the day, your business could be losing money every time you aren’t taking advantage of shopping for rates on the deregulated market in University Park.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


Remember the following facts if you’re still undecided about looking into a new commercial electricity rate:

  • A low fixed-rate plan might save your organization thousands - Fixed rate plans are the recommended plan of choice here at Find Energy. These plans secure competitive rates and ensure that you can predict what you will be paying per kilowatt-hour in the future.
  • Zero service inconvenience during the switching period - Your establishment will not experience any electricity service outages at any point during the changeover. In fact, the only thing you will experience is the much lower rate on your next bill!
  • Quick, straightforward, and hassle-free - Our shopping process specifically created to be quick and efficient for business users. Just submit your information. Once accomplished, we’ll take the reins and handle everything else. We’ll make sure to find your establishment the most attractive rates on the market.
  • Our staff at Find Energy will handle the transition - There is no need to inform your current supplier if you are not under contract. In most cases, this is just as true even if you do have a contract. Find Energy handles the communication with the electricity suppliers. At the end of the day, we will provide you with the most attractive deals currently available on the market.
  • No obligation to switch - There is no obligation to buy a deal if you aren’t convinced with the rates you receive. We’ve done our best to make this process as safe as possible for users. Look around. Review your options. Switch if it makes sense. It’s that easy!

Getting a better deal with us is hassle-free. Simply enter your zip code to get access to the best priced services in University Park. In our experience, businesses are usually able to save between 15% and 25% on their monthly electricity bills after using our website.

University Park, IL's Utility Company is Commonwealth Edison

Commonwealth Edison is in charge of delivering utility services to your location. Losing power in your residence can be distressing. Make sure to get in touch with your utility company to report any blackout. Call Commonwealth Edison directly at (800) 334-7661, or report a power outage using website.

Shop Electricity Providers by Zip Code in University Park, IL

  • 60466
  • 60417
  • 60471
  • 60449
  • 60484

University Park, IL Electricity FAQs

FAQ

Who is the most affordable electricity company in University Park?

Currently, our cheapest electricity plan that can be had in your location is from Constellation Energy, at a residential pricing of 8.99 cents per kilowatt-hour.

What electric utility company does University Park, Illinois use?

Commonwealth Edison is the biggest electric utility company in University Park, but many other different suppliers sell electricity in the deregulated University Park market. Below is a comprehensive list of our most trusted companies selling electricity in the area:

How should I pick an electricity company in University Park?

Choosing an electricity provider with Find Energy is a straightforward and easy process. Get the process started by entering your zip code on this page. After that, take a second to see what deals are available in your city.

What is an affordable electricity rate in University Park?

The cheapest electricity plan available in University Park is 8.99 cents per kWh, currently being carried by Constellation Energy.

How many suppliers are in University Park?

There are presently 7 companies selling their services in University Park.

How do I find a green electricity plan in University Park?

Just enter your zip code on this page, and you can find all plans available in your location that are driven entirely by green electricity. Search for the “100% Green” label!

Who offers the best electricity rates in University Park?

Here are the best electricity deals available in University Park.

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

Last Reviewed By: Nick Reese
Published: 2021-03-16