Energy in Illinois
Competitive energy supply has saved Illinois $37,000,000,000 in energy expenses since 1998, a new study finds. The study was conducted by the Illinois Chamber of Commerce, Illinois Manufacturer’s Association, Illinois Retail Merchants Association and Illinois Business Roundtable.
Of that $37 Billion saved, the study shows it was roughly split between residential ($18B) and non-residential ($19B). Non-residential is comprised on industrial, commercial, and non-profit energy consumers. Here’s a graph that breaks down the split in a visual context.
The Changes Over the Years
For businesses, energy deregulation has meant big savings to the bottom line for years, totally $19 Billion. For residential, the savings also play a huge impact on the household bottom line. In fact, Illinois households have saved $3,600 since 1998 on energy, and will continue to do, at a savings of ~$240 per year.
How You Can Save More
Plus, you can continue to save even more, by switching to a cheaper energy rate. Choose Energy offers over 15 different energy plans for Illinois residents, and you can switch today. Visit www.chooseenergy.com today to see how much more you can save because of Illinois energy deregulation!