Waukegan Electricity Rates
- The cheapest Waukegan electricity rate is 0.2 cents per kWh, offered by MPower Energy out of 10 plans.
- The average Waukegan electricity rate across competing providers is 12.46 cents per kWh at 1,000 kWh.
- The estimated monthly electric bill in Waukegan is $92/month based on 740 kWh average usage.
Cheapest Electricity Plans in Waukegan
Today's Cheapest Waukegan Electricity Rates
Comparing electricity providers in Waukegan, the cheapest rate is 0.18¢/kWh at 1,000 kWh. Rates range up to 16.99¢ depending on plan length and usage tier.
| 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 |
Highlighted Electricity Plans in Waukegan — October
Competition among electric providers keeps Waukegan rates low. Based on current pricing, these plans stand out:
- 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.
Waukegan Electricity Suppliers
We compare rates from 7 certified Retail Electric Suppliers active in ComEd’s Waukegan territory. Every supplier below offers plans to Waukegan residents today.
Waukegan Business Electricity Rates
Waukegan’s economy spans Lake County manufacturing, healthcare, and a growing lakefront 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.
Waukegan Electricity FAQ
Common questions about electricity rates, plans, and suppliers in Waukegan and the ComEd service area.
What is the cheapest electricity rate in Waukegan right now?
Today’s cheapest: 0.18¢/kWh at 1,000 kWh in Waukegan, offered by MPower Energy (MPower Energy NJ LLC 12). That’s well below the 12.46¢ average across 10 plans from 7 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 $123/month in savings.
What is the average monthly electric bill in Waukegan?
Roughly $125/month for a Waukegan 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 Waukegan?
your local utility delivers all electricity in Waukegan. 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 Waukegan?
Three steps: (1) compare plans from 7 providers serving Waukegan, (2) enroll online with your chosen RES (Retail Electric Supplier), (3) wait 1–2 billing cycles for your local utility to process it. No appointment needed and no interruption to your power. the Illinois Commerce Commission (ICC) oversees the switching process to ensure it’s seamless. The only change is who supplies your power and at what rate.
Are there renewable energy plans in Waukegan?
Yes — several Waukegan providers offer plans with partial or full renewable energy content through Renewable Energy Certificates (RECs). These RECs match your usage with wind and solar generation on the PJM/MISO grid. No equipment changes are needed. your local utility delivers the power identically regardless of whether your plan includes renewable content. Check each plan’s Terms of Service for the exact renewable percentage.
How much are electricity delivery charges in Waukegan?
your local utility’s delivery charges are regulated by the Illinois Commerce Commission (ICC) and identical for all Waukegan customers, regardless of supplier. These fees cover transmission, distribution infrastructure, and grid maintenance. When comparing Waukegan electricity plans, the rates shown at 1,000 kWh typically include delivery fees. Review each plan’s Terms of Service for the full breakdown of supply versus delivery costs.
Should I choose a fixed or variable rate plan in Waukegan?
Fixed-rate plans lock your supply rate for a set term (typically 3–36 months), protecting you from seasonal price spikes on the PJM/MISO grid. Variable-rate plans can change monthly based on wholesale electricity costs. In Waukegan, fixed plans currently start at 0.18¢/kWh. Most energy advisors recommend fixed rates for budget predictability, especially during peak-demand seasons when wholesale prices historically spike.
