Homewood Electricity Rates

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Today's Cheapest Homewood Electricity Rates

Contracts in Homewood go from month-to-month all the way to 24 months. These are supply prices only, so expect ComEd's delivery charge on top.

Prices current as of November 1, 2026 @ 4:09 AM CT.
Plan NamePlan LengthRate at 1,000 kWhSign up
Nordic Energy Services – Nordic Energy Services Monthly 9.50¢/kWh Continue
Alpha Gas and Electric – Alpha Gas and Electric 24 months 12.59¢/kWh Continue
Verde Energy – Verde Energy USA 8 months 12.59¢/kWh Continue
IGS Energy – IGS Energy 12 months 12.99¢/kWh Continue
SmartEnergy – SmartEnergy Holdings 6 months 13.10¢/kWh Continue
Ambit Energy – Ambit Northeast 12 months 16.49¢/kWh Continue
MPower Energy – MPower Energy NJ 12 months 17.90¢/kWh Continue
Homewood electricity rate distribution chart showing 10 plans from 9.5¢ to 17.9¢ per kWh
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Homewood Plans to Compare This November

Several electricity providers are offering competitive rates in Homewood right now. Here are a few that stand out:

  • Nordic Energy Services – Nordic Energy Services (month-to-month): 9.50¢/kWh at 1,000 kWh.
  • Alpha Gas and Electric – Alpha Gas and Electric (24-month): 12.59¢/kWh at 1,000 kWh. Locks in your rate for 24 months.

We compare rates from certified Retail Electric Suppliers active in ComEd’s Homewood territory. Every supplier below offers plans to Homewood residents today.

Nordic Energy Services
RES · Homewood
Alpha Gas and Electric
RES · Homewood
Verde Energy
RES · Homewood
IGS Energy
RES · Homewood
SmartEnergy
RES · Homewood
Ambit Energy
RES · Homewood
MPower Energy
RES · Homewood

Homewood’s economy includes Homewood’s local economy and business community. Commercial customers access deregulated RES rates through the ComEd 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.

Common questions about electricity rates, plans, and suppliers in Homewood and the ComEd service area.

How much does a one-year electricity plan cost in Homewood right now?

IGS Energy has the cheapest 12-month plan we list for Homewood today, at 12.99¢/kWh for 1,000 kWh a month. Shorter plans start lower: 9.5¢ for a 1-month term.

What is the average electric bill in Homewood?

About $89 a month in 2024, before taxes. The average ComEd household used 583 kWh a month and paid about 15.22¢ per kWh on the default rate, all charges included (federal EIA data). Rates have risen since: even on the cheapest Homewood plan we list today, the same usage would cost about $112.

Source: EIA, 2024

What does ComEd delivery add to a small Homewood home's bill?

At 500 kWh, ComEd's delivery comes to $51.03: the $19.37 monthly charge plus $31.66 at 6.333¢/kWh.

Source: ComEd, April 2026

Does Homewood have a municipal aggregation program?

No, Homewood isn't on the Illinois Commerce Commission's municipal aggregation list, so no municipal aggregation program buys power for residents. Homes stay on ComEd's Price to Compare unless they pick an alternative supplier themselves.

Source: Illinois Commerce Commission

What local taxes are on a Homewood electric bill?

Homewood adds 0.537¢/kWh to the first 2,000 kWh a month, about $5 on a typical bill.

Source: ComEd

What share of ComEd homes buy electricity from an alternative supplier?

About 19.5% of households on ComEd's system bought supply from an alternative supplier in May 2025, including aggregation customers.

Source: Illinois General Assembly, 2025