Elgin Electricity Rates
Elgin residents can choose from 13 electricity plans across 6 competing providers. That’s 6 retail providers offering everything from 11¢ to 19.69¢/kWh, with a market average of 14.11¢ at standard usage. We refresh these rates throughout the day.
Cheapest Electricity Plans in Elgin
Sorted by price at 1,000 kWh. Plans with bill credits can cost more at other usage levels — check the EFL for the full breakdown.
| Provider | Plan | Rate | Action |
|---|---|---|---|
 |
Nordic Energy Services LLC
Nordic Energy Services 1 - 11.00¢
1 months
Cheapest
|
11.00¢
per kWh at 1,000 kWh
|
Continue |
 |
CONSTELLATION NEWENERGY INC
Constellation Energy 9 - 11.29¢
9 months
Fixed Rate
|
11.29¢
per kWh at 1,000 kWh
|
Continue |
 |
Public Power, LLC
Public Power, LLC 12 - 12.29¢
12 months
Fixed Rate
|
12.29¢
per kWh at 1,000 kWh
|
Continue |
 |
Illinois Gas & Electric
Illinois Gas & Electric 12 - 12.39¢
12 months
Fixed Rate
|
12.39¢
per kWh at 1,000 kWh
|
Continue |
 |
SmartEnergy
SmartEnergy Holdings, LLC 6 - 13.00¢
6 months
Fixed Rate
|
13.00¢
per kWh at 1,000 kWh
|
Continue |
 |
Ambit Energy
Ambit Northeast, LLC 12 - 17.49¢
12 months
Fixed Rate
|
17.49¢
per kWh at 1,000 kWh
|
Continue |
Showing the 6 cheapest Elgin electricity plans based on 1,000 kWh usage.
Best Elgin Electricity Plans by Usage Level
Elgin homes average 800–1,000 kWh/month. Located northwest of Chicago along the Fox River, Elgin experiences the same hot summers and cold winters as the broader Chicago metro area.
- Nordic Energy Services LLC
- 11¢/kWh at this usage
- 1-month fixed rate
Elgin Electricity Suppliers
We compare rates from 6 certified Retail Electric Suppliers active in Ameren Illinois’s Elgin territory. Every supplier below offers plans to Elgin residents today.
Elgin Business Electricity Rates
Elgin’s economy includes manufacturing, healthcare (Advocate Sherman Hospital), casino and entertainment (Grand Victoria Casino), and retail along the Fox River valley. Commercial customers access deregulated RES rates through the Ameren Illinois territory.
Business electricity pricing factors in peak demand, load factor, and total volume. A quick quote is the only way to see what rates are available for your specific business profile.
Elgin Electricity FAQ
Common questions about electricity rates, plans, and suppliers in Elgin and the Ameren Illinois service area.
What is the cheapest electricity rate in Elgin right now?
11¢/kWh at 1,000 kWh — that’s the best rate available in Elgin today, offered by Nordic Energy Services LLC (Nordic Energy Services 1 - 11.00¢). The average plan runs 14.11¢/kWh, so shopping the bottom of the market can save you roughly $31/month.
What is the average monthly electric bill in Elgin?
At the current average rate of 14.11¢/kWh, a Elgin home using 1,000 kWh/month pays approximately $141/month for electricity supply. Actual bills depend on usage, which varies seasonally.
Who delivers electricity in Elgin?
Electricity in Elgin is delivered by your local utility. Your supplier choice doesn’t change who delivers the power — only who supplies it and at what rate.
How do I switch electricity providers in Elgin?
Pick a RES (Retail Electric Supplier), enroll online or by phone, and they handle the your local utility transition. The switch takes 1–2 billing cycles with no service interruption.