Oak Park Electricity Rates
- The cheapest Oak Park electricity rate is 0.2 cents per kWh, offered by MPower Energy out of 10 plans.
- The average Oak Park electricity rate across competing providers is 12.46 cents per kWh at 1,000 kWh.
- The estimated monthly electric bill in Oak Park is $92/month based on 740 kWh average usage.
Cheapest Electricity Plans in Oak Park
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.
Today's Cheapest Oak Park Electricity Rates
Electricity rates in Oak Park start at 0.18¢ per kWh (at 1,000 kWh) and go up to 16.99¢. The table below shows the cheapest plan from each provider serving this area.
| Plan Name | Plan Length | Rate at 1,000 kWh | Sign up |
|---|---|---|---|
| MPower Energy – MPower Energy NJ LLC 12 | 12 months | 0.18¢/kWh | Continue |
| Nordic Energy Services LLC – Nordic Energy Services 1 | Monthly | 9.50¢/kWh | Continue |
| Alpha Gas and Electric – Alpha Gas and Electric, LLC 24 | 24 months | 12.59¢/kWh | Continue |
| Verde Energy – Verde Energy USA 8 | 8 months | 12.59¢/kWh | Continue |
| IGS Energy – IGS Energy 12 | 12 months | 12.99¢/kWh | Continue |
| SmartEnergy – SmartEnergy Holdings, LLC 6 | 6 months | 13.10¢/kWh | Continue |
| Ambit Energy – Ambit Northeast, LLC 12 | 12 months | 16.49¢/kWh | Continue |
October Oak Park Electricity Plans Worth Comparing
Oak Park residents have plenty of electricity options to choose from. Based on today’s pricing, consider these plans:
- MPower Energy – MPower Energy NJ LLC 12 (12-month): 0.18¢/kWh at 1,000 kWh.
- Alpha Gas and Electric – Alpha Gas and Electric, LLC 24 (24-month): 12.59¢/kWh at 1,000 kWh. Locks in your rate for 24 months.
Oak Park Electricity Suppliers
We compare rates from 7 certified Retail Electric Suppliers active in ComEd’s Oak Park territory. Every supplier below offers plans to Oak Park residents today.
Oak Park Business Electricity Rates
Oak Park’s economy is built around its walkable downtown, Frank Lloyd Wright architectural tourism, Ernest Hemingway birthplace attractions, and a diverse mix of local businesses served by CTA Green and Blue line access. 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.
Oak Park Electricity FAQ
Common questions about electricity rates, plans, and suppliers in Oak Park and the ComEd service area.
What is the cheapest electricity rate in Oak Park right now?
0.18¢/kWh at 1,000 kWh — that’s the best rate available in Oak Park today, offered by MPower Energy (MPower Energy NJ LLC 12). The average plan runs 12.46¢/kWh, so shopping the bottom of the market saves roughly $123/month. Oak Park is served by 7 ICC-licensed Retail Electric Providers offering 10 plans. All plans use the same your local utility delivery infrastructure, so the only difference is price and contract terms.
What is the average monthly electric bill in Oak Park?
Roughly $125/month for a Oak Park home using 1,000 kWh at the average 12.46¢/kWh rate. According to EIA data, Illinois homes use about 750 kWh/month on average. The cheapest plan at 0.18¢ cuts supply costs to $2/month. your local utility’s regulated delivery charges are separate and apply to all plans equally.
Who delivers electricity in Oak Park?
your local utility handles all electricity delivery in Oak Park — the physical infrastructure, meter reading, and outage response. Under the deregulated model regulated by the Illinois Commerce Commission (ICC), your utility (your local utility) is separate from your supplier. Your choice of RES (Retail Electric Supplier) only affects who bills you for the supply portion and at what rate.
How do I switch electricity providers in Oak Park?
It takes about five minutes: compare plans, pick your provider, and enroll online. your local utility processes the switch in 1–2 billing cycles under ICC regulations. No technician visit, no interruption, no equipment changes. Your RES (Retail Electric Supplier) handles all coordination with your local utility. Same power, same grid, same meter — just a new rate on your bill.
Are there renewable energy plans in Oak Park?
Oak Park residents can choose plans with renewable energy content from multiple providers. These plans use RECs to match your electricity consumption with wind and solar generation on the PJM/MISO grid. Your delivery through your local utility is identical whether you choose a plan with renewable content or a conventional plan. Check the Terms of Service for each plan’s renewable breakdown.
How much are electricity delivery charges in Oak Park?
Delivery charges from your local utility are set by the Illinois Commerce Commission (ICC) and are identical whether you choose the cheapest or most expensive supplier. These regulated fees cover grid infrastructure, meter reading, and outage response in Oak Park. Plan rates shown at 1,000 kWh on comparison sites typically include your local utility’s delivery charges. The Terms of Service breaks out the exact delivery component.
Should I choose a fixed or variable rate plan in Oak Park?
In Oak Park, fixed-rate plans start at 0.18¢/kWh and lock your supply rate for the contract term. Variable-rate plans fluctuate monthly based on PJM/MISO wholesale prices, which can spike during extreme heat or cold. Most consumers benefit from fixed rates for budget stability. the Illinois Commerce Commission (ICC) requires all plan terms — including any early termination fees — to be disclosed in the Terms of Service.
