IL / Commercial / Latest month: Jul 2026

Business Electricity Rates in Illinois

CheapestIllinois ranks 15th most expensive of 51Most expensive

In July 2026, businesses in Illinois paid an average of 15.19¢ per kWh, the 15th most expensive of the 50 states and DC and 4.5% above the U.S. commercial average of 14.53¢.

That price is up 11.2% from a year earlier.

Over the past 12 months the average commercial customer in Illinois used 5,954 kWh a month and paid $818 (U.S.: $896).

Average business electric bill in Illinois

The average commercial customer in Illinois paid $818 a month over the last 12 months, the 21st highest of the 50 states and DC. In July 2026 the average business bill was $1,051. These averages mix small shops with large offices and stores, so use the table below to estimate a bill for your own usage.

What would a business pay?

Energy charge at 15.19¢ per kWh. Delivery fees and taxes vary by utility.
Monthly usePer monthPer year
5,000 kWh × 15.19¢$759.50$9,114
10,000 kWh × 15.19¢$1,519.00$18,228
50,000 kWh × 15.19¢$7,595.00$91,140

Commercial electricity rates in Illinois by month

10¢15¢20¢25¢Jan ’25Jul ’25Jan ’26Jul ’26
HomeBusiness¢ per kWh, monthly average

Business power in Illinois cost 15.19¢ per kWh in July 2026, compared with 19.22¢ for homes and 11.87¢ for industrial users. See home electricity rates in Illinois.

Utilities serving businesses in Illinois

Commonwealth Edison Co serves the most business customers in Illinois, with 402,509 commercial accounts.

UtilityBusiness customersAvg. business rate
Commonwealth Edison CoInvestor-owned · Full service + delivery402,50915.13¢
Ameren Illinois CompanyInvestor-owned · Full service + delivery166,14914.60¢
MidAmerican Energy CoInvestor-owned · Full service + delivery12,8307.49¢
City of SpringfieldCity-owned · Full service11,50514.48¢
City of NapervilleCity-owned · Full service6,79211.39¢
Jo-Carroll Energy, IncCo-op · Full service + delivery2,90417.66¢
Southeastern IL Elec Coop, IncCo-op · Full service2,55514.91¢
Corn Belt Energy CorporationCo-op · Full service2,51313.27¢
Eastern Illinois Elec CoopCo-op · Full service2,32816.31¢
Norris Electric CoopCo-op · Full service2,21413.45¢

"Avg. business rate" is what each utility's full-service commercial customers paid on average in 2025 (revenue ÷ kWh sold), shown only for utilities with at least 100 business customers.

Can businesses choose an electricity supplier in Illinois?

Yes. Businesses in Illinois can buy electricity from a licensed retail supplier, and many sign fixed-price contracts to make costs predictable. The local utility still delivers the power.

Compare current offers on the official state site: Plug In Illinois.

How to lower your business electricity cost

  • Check your rate schedule. Utilities put businesses on rate classes by size and usage. Ask your utility whether another schedule, such as a time-of-use rate, fits how you use power.
  • Manage demand charges. If your bill has a demand charge, it is set by your highest short burst of usage in the month. Staggering when large equipment starts can lower it.
  • Compare supply offers. Check the price per kWh, contract length, early-termination fees and what happens when the contract ends before you sign.

Business electricity rates in neighboring states

Average commercial price, July 2026
StatePrice per kWh
Kentucky11.95¢
Missouri12.64¢
Iowa13.27¢
Indiana13.30¢
Wisconsin13.93¢
Illinois15.19¢

Illinois business electricity FAQ

What is the average business electric bill in Illinois?

Commercial customers in Illinois paid an average of $818 a month over the last 12 months, using 5,954 kWh. This average covers every kind of business, from small shops to large offices, so a small business will usually pay much less.

What is the commercial electricity rate in Illinois?

The average commercial rate was 15.19¢ per kWh in July 2026, 4.5% above the U.S. average of 14.53¢. Industrial customers paid 11.87¢ per kWh, and homes paid 19.22¢.

Can businesses choose their electricity supplier in Illinois?

Yes. Businesses in Illinois can buy electricity from a licensed retail supplier, while the local utility keeps delivering it. Official offers are listed on Plug In Illinois.

What is a demand charge?

Many commercial rates include a demand charge based on the highest amount of power (kW) a business draws during a short interval, often 15 or 30 minutes, in the billing month. Starting large equipment at different times can lower it.

IL commercial and industrial electricity prices and bills: U.S. Energy Information Administration retail sales data (forms EIA-861M and EIA-861), latest month July 2026. Utilities: EIA-861 (2025). Bills and usage are revenue and sales divided by customers. Last updated 2026-10-20.