Springfield Electricity Rates
- The cheapest Springfield electricity rate is 11.0 cents per kWh, offered by Nordic Energy Services LLC out of 13 plans.
- The average Springfield electricity rate across competing providers is 14.09 cents per kWh at 1,000 kWh.
- The estimated monthly electric bill in Springfield is $104/month based on 740 kWh average usage.
Cheapest Electricity Plans in Springfield
Today's Cheapest Springfield Electricity Rates
We found 13 electricity plans in Springfield starting at 11¢/kWh. The cheapest plan from each provider is listed below, sorted by rate at 1,000 kWh.
| Plan Name | Plan Length | Rate at 1,000 kWh | Sign up |
|---|---|---|---|
| Nordic Energy Services LLC – Nordic Energy Services 1 | Monthly | 11.00¢/kWh | Continue |
| Constellation – Constellation Energy 6 | 6 months | 11.09¢/kWh | Continue |
| Public Power, LLC – Public Power, LLC 12 | 12 months | 12.19¢/kWh | Continue |
| Illinois Gas & Electric – Illinois Gas & Electric 12 | 12 months | 12.29¢/kWh | Continue |
| SmartEnergy – SmartEnergy Holdings, LLC 6 | 6 months | 13.00¢/kWh | Continue |
| Ambit Energy – Ambit Northeast, LLC 12 | 12 months | 17.49¢/kWh | Continue |
October Springfield Electricity Plans Worth Comparing
Several electricity providers are offering competitive rates in Springfield right now. Here are a few that stand out:
- Nordic Energy Services LLC – Nordic Energy Services 1 (month-to-month): 11.00¢/kWh at 1,000 kWh.
- Public Power, LLC – Public Power, LLC 12 (12-month): 12.19¢/kWh at 1,000 kWh. Locks in your rate for 12 months.
Springfield Electricity Suppliers
We compare rates from 6 certified Retail Electric Suppliers active in Ameren Illinois’s Springfield territory. Every supplier below offers plans to Springfield residents today.
Springfield Business Electricity Rates
Springfield’s economy centers on state government, Lincoln heritage tourism, healthcare systems including HSHS and Memorial Health, and a growing professional services sector. 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.
Springfield Electricity FAQ
Common questions about electricity rates, plans, and suppliers in Springfield and the Ameren Illinois service area.
What is the cheapest electricity rate in Springfield right now?
Today’s cheapest: 11¢/kWh at 1,000 kWh in Springfield, offered by Nordic Energy Services LLC (Nordic Energy Services 1). That’s well below the 14.09¢ average across 13 plans from 6 providers. Under the ICC-regulated deregulated market, every provider delivers power over your local utility’s grid — your electricity is identical regardless of supplier. The gap between cheapest and average translates to roughly $31/month in savings.
What is the average monthly electric bill in Springfield?
A typical Springfield household using 1,000 kWh pays around $141/month at the average rate of 14.09¢/kWh. The U.S. Energy Information Administration (EIA) reports Illinois homes average 750 kWh/month. On the cheapest available plan at 11¢, supply costs drop to $110/month. Summer AC and winter heating drive the biggest monthly swings.
Who delivers electricity in Springfield?
your local utility delivers all electricity in Springfield. As the regulated utility for this area, your local utility owns and maintains every pole, wire, transformer, and meter. Regardless of which RES (Retail Electric Supplier) you choose for supply, your local utility delivers your power and handles all outage response. Your supplier only affects your rate and billing.
How do I switch electricity providers in Springfield?
Pick a RES (Retail Electric Supplier) from the 6 providers serving Springfield, enroll online, and the new supplier handles everything with your local utility. The ICC-regulated switch takes 1–2 billing cycles with no service interruption. your local utility processes it without any physical work at your home. Same grid, same power — just a different rate and billing source.
Are there renewable energy plans in Springfield?
Several providers serving Springfield include renewable energy in their plans through Renewable Energy Certificates (RECs) sourced from wind and solar facilities across Illinois. No home equipment changes are needed — your local utility delivers the power identically. Compare plan details on each provider’s Terms of Service to see the exact renewable energy percentage included.
How much are electricity delivery charges in Springfield?
your local utility delivery charges in Springfield are regulated by the Illinois Commerce Commission (ICC) and apply equally to all customers regardless of which RES (Retail Electric Supplier) they choose. These charges cover poles, wires, meters, and grid maintenance. Most plan rates displayed on comparison sites already include your local utility’s delivery fees. Check each plan’s Terms of Service to see the exact breakdown of supply versus delivery costs.
Should I choose a fixed or variable rate plan in Springfield?
Fixed-rate plans guarantee your supply rate for a set period, typically 3 to 36 months. Variable-rate plans adjust monthly based on PJM/MISO wholesale market conditions. In Springfield, fixed plans start at 11¢/kWh today. For most households, a fixed rate offers better budget predictability and protection against seasonal price spikes when grid demand peaks and wholesale costs can surge.
