Rockford energy rates on the increase
Rockford, the third-largest city in Illinois, is instituting a utility 5 percent charge to local electricity and gas bills that is designed to close a city budget hole. It will for sure add $6 to $8 a month to the average gas and electricity bills.
And while you can’t fight city hall, you can fight paying extra for energy. Deregulation has helped to keep the average Rockford electricity prices about 20 percent lower than the national average, and it can help this time as well. As of April 16, 2018, before the city increases kicked in, energy prices in Rockford ranged from 6.09 to 11.99 cents per kilowatt-hour. Depending on the supplier, natural gas rates ranged from 30.9 to 47.50 cents per therm.
The point is, it may be time to lock in lower electricity supply rates to make up for the added charge.