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Compare Chicago electricity rates

At Choose Energy, our reporters seek out information that puts you in control of your energy. Our partners do not direct our editorial content, though we may reference their products in our posts. Read about how we make money to learn more.

For business

Chicago energy rates

Chicago boasts close to 2.7 million people, is the largest city in the state of Illinois and the third largest city in the country. The Windy City is the country’s second largest business district and is home to eight professional sports teams in MLB, the NBA, NFL, NHL, WNBA and National Women’s Soccer League (NWSL).

For residents, Illinois is one of fewer than half the states in the country where you have the power to shop for energy. This energy deregulation means Chicago residents and businesses can choose their electricity supplier. You can also shop for the best gas provider in Chicago. 

Customers sign up with alternative suppliers for many reasons, including lower rates, additional services and more options for environmentally friendly sources of energy. To shop for the best Chicago electricity rates, simply enter your zip code above.

Chicago energy deregulation

More than 20 years ago, the state passed the Illinois Electric Service Customer Choice and Rate Relief Law of 1997. This law eliminated the monopoly utility companies previously had on the electric industry and gave residents the opportunity to shop for electricity providers in Chicago and the rest of the state. About 75% of the state’s residents and businesses have taken advantage of this opportunity.

As the state of Illinois ranks fifth in the country for most energy used, this ability to choose electricity providers in Chicago, and throughout the state, gives residents the opportunity to save money on their electric bills. With six nuclear power plants, Illinois generates more electricity from nuclear power than any other state in the country.

Choose Energy can help residents find the best electricity in Chicago. We have a free online comparison tool so you can find the best Chicago electricity rates. But we also have a wealth of information available online so you can be prepared as you shop for electricity providers in Chicago. Among these resources are:

 When you’re ready to shop for a new electric provider, enter your zip code above.


Chicago utility companies & energy providers

Commonwealth Edison, or ComEd, is the electric utility company for the Chicago area. It is responsible for repairing and maintaining power lines, turning your power back on after an outage and transmitting electricity to your home. This is the company you call if there’s an outage.

As a result of energy choice, Chicago customers can compare the prices of many electricity plans to find the one that best fits their needs and budget. Among the retail electric suppliers in Chicago are Champion Energy Services, Clearview Energy, Direct Energy and more. When you enter your zip code above, you’ll be able to compare the rates from all the suppliers serving your area.

Chicago energy for business

In addition to helping customers find the best residential rates, Choose Energy can work with businesses to find the best commercial rates. Call 877-800-4044 or complete this form to speak with one of our energy experts.