Compare Natural Gas and Electric Companies in Illinois
As a resident of Illinois, chances are you live in a region where electricity and natural gas are deregulated commodities. With the start of energy deregulation in 1997, commercial business owners across the majority of the state gained the ability to search for alternative Illinois gas rates and electric rates and to decide which company supplies the energy they consume on a daily basis, whether it be their local utility or one of a number of independent retail electric suppliers (RES) or alternative gas suppliers (AGS).
In the following years, more and more suppliers have entered the market, vying to offer competitive rates and the most attractive supply plans, and in 2008, residential customers officially gained the right to switch their energy service over to an RES or AGS. Slowly but surely, the number of gas and electric companies in Illinois offering energy supply plans has grown to more than 50 and, as of 2013, nearly 80% of all electricity consumed in Illinois is provided by an ARES.
What does energy deregulation mean for the consumer?
Essentially, energy deregulation means more options for the consumer, including access to supply plans, green energy products and other services that the local utility might not offer. More options also lead to greater competition and a variety of rate structures. However, having more options also calls for a greater need to do homework in order to discover the supply plan that works best for the needs of your home or business.
Doing thorough research when searching for Illinois gas rates and electricity rates can be a stressful task, but with LocalElectricityCompanies.com, you can ease the pain of having to scour the Internet to learn about energy companies available in your area. Here you’ll find a listing of some of the utilities and independent suppliers operating throughout your state. You can learn some valuable information about each provider, and call to talk about switching your supplier.
How to find gas and electric companies in Illinois and learn about Illinois gas rates
You can start the process by scanning through the pages you see on the left-hand side. You’ll see a number of companies, ranging from utilities that service a single city to larger corporations that cover whole portions of the state. Take a look at these companies to get a sense of their offerings and determine which type of rate structure you’re looking for, whether you’re in the market for a price-protected plan or one that utilizes a variable rate, and read the fine print to narrow your choices.
It is highly recommended that you make sure you know what you’ll be paying. You should figure out how your monthly bill will be broken down and gauge whether you’ll be expected to sign a contract or pay cancellation fees should you need to break that contract. If you have any questions or hesitations at a point in the process, call in to speak with a knowledgeable representative who is ready to help walk you through switching your service and securing a new supply rate.