Illinois Energy Rates

Electric

Beginning in 1997, the Illinois General Assembly passed the Electric Service Customer Choice and Rate Relief Act of 1997. This act allowed all customers, including residential, to have retail choice in their supplier by May 2002.

The now deregulated electricity market in Illinois is structured with 2 utilities: Com-Ed and AMEREN. Customers of these utilities can now choose their electricity supplier.

Take advantage of this competitive market place, and let BidURenergy, Inc. help you choose a supplier.

It’s easy to save! Once you submit a bid request, our experienced market analysts can help! Using our state-of-the-art PowerPit™ platform, we’ll hold an auction for your company, and match you to the best supplier, and in almost no time you’ll be saving up to 25% on your energy bills.

Compare electric rates and save money.

Natural Gas

Natural gas is one of the most volatile commodities traded in financial markets. It is especially sensitive to global weather conditions, natural disasters (hurricanes, etc.), and the economy.

In the fall of 2005, a series of natural disasters around the world, including Hurricane Katrina and a typhoon in China, affected the price of natural gas immensely. As seen in 2008, the price of natural gas can spike to $13/MMBtu and then fall to ~$2/MMBtu in just a few years (2012).

Fortunately, the market for Natural Gas in Illinois was deregulated by 2002—much like it was for electricity—allowing suppliers to compete for your business so you are better protected from experiencing uncertainty in the market. BUE consultants specialize in risk analysis and mitigation to protect your business while taking advantage of market opportunities.

Businesses residing in Illinois can take advantage of this competitive marketplace. Now, more than ever, businesses can reduce the cost of manufacturing, heating, and any other process that uses Natural Gas.

It’s easy to save! Once you submit a bid request, our experienced market analysts can help! Using our state-of-the-art PowerPit™ platform, we’ll hold an auction for your company, and match you to the best supplier, and in almost no time you’ll be saving up to 25% on your energy bills.

Utility Name(s)

Electric

Commonwealth Edison
Ameren
IL Power
Nicor

Gas

Ameren
IL Power
Nicor
North Shore
Peoples Gas