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Should You Switch Your Electricity Provider in Illinois?

By Jordan Adam Subscribe to RSS | March 28th 2012 | Views:

Switch Your Electricity Provider Illinois and exercise the power to choose an energy provider, who charges you the least. However, a question often discussed when switching electricity suppliers or shopping for cheap electricity rates is do the switches truly generate savings.

When you give the whole program of making an electric choice in Illinois the following factors have to be kept in mind. For example, heating rates are fixed until 2013 and switching does not really allow savings. The open energy market does, make allow price competition to come in, however, as a user you need to find how much of a price difference you will benefit from, if you choose to switch electricity providers in Illinois.

In the present open market scenario, seventy-five percent of the power used is supplied by Retail Electric Suppliers. These suppliers are already ICC-certified and registered with utility companies to provide power to consumers. Then you can evaluate the companies for the features and the prices they charge to think of switching your electricity provider in Illinois.

In fact, users benefit largely from a particular legislation, Illinois Power Agency (IPA) incorporated in 2007 that protects consumers. IPA will regulate contracts for wholesale electricity supply and duration of supply protecting those who fail to switch to a Retail Electricity Supplier.

One concept that has to be clearly understood while switching your electricity provider is that – you actual switch your electricity provider or supplier. What does not change is how it will reach you. The wires and poles that deliver the electricity to your home or office will remain the same. Each electricity bill consists of parts- while one part indicates the price at which you gain your electricity another part consists of the delivery portion by the utility. Therefore, the utility rates will remain a constant in your electricity bill, even though you choose to switch your electricity provider in Illinois.

Now considering the benefits you gain, by making the switch to a electric provider who charges cheaper electricity rates will include not only substantial savings on your monthly electricity bills but quality service and value additions. Other benefits include making the right environment choice, in terms of the electricity you consume. Even though rates of fossil-based electricity are marginally lower in comparison to electricity sourced from green or renewable energy sources such as solar energy, wind energy or hydel energy it does help in the long-term goals of minimizing the carbon footprint generated around this region. Now, there should be no doubt about switching electricity providers in Illinois. While ComEd or Commonwealth Edison Company is the largest of the utilities, Ameren is another popular utility provider.

While Commonwealth Edison offers consumers choice in terms of charges- per kw per hour or an hourly rate. In the first instance the rates are adjusted as per total usage, while in the second option, the pay is on the hourly rate of consumption of your electricity and there is no minimum rate for per hour consumption. Considering the benefits, switching electricity providers in Illinois is a must.

About Shop Cheap Energy Shop Cheap Energy helps consumers compare and shop electricity and gas plans online. To learn more please visit

Jordan Adam - About Author:
Compare electricity and gas rates for your home and business. Find cheap electricity and gas rates from several electricity and gas providers. For more information visit at Electric Choice & Electricity Provider in Illinois

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