Residential customers in Naperville, Illinois also have the power to choose their electricity provider and energy plan. You can find the most competitive rates on the EnergyBot marketplace from top-rated providers like Constellation Energy and Direct Energy.
Electricity rates vary based on market conditions and change regularly, so if you see a competitive rate it’s important that you lock it in quickly— before it goes away. That’s why EnergyBot makes enrollment easy. Thanks to our straightforward and efficient process you can sign up for a new energy plan in less than 5 minutes, meanwhile we’ll handle everything on the back end to make sure the transition goes smoothly.
Illinois electricity deregulation began in 1997, giving Naperville based businesses the power to choose their electricity provider. The deregulated market opened energy supplier up to competition- forcing them to be more efficient as it relates to both service and price. Businesses of all sizes can compare energy plans from top energy suppliers and shop for the best available rates.
In most cases, Naperville businesses that take advantage of the competitive market can more effectively manage their monthly electricity costs by switching energy providers, plans and rates, as needed.
If you don’t sign up for an energy plan in Naperville, your utility will automatically enroll you with the default rate. This rate is called the Price to Compare (PTC) and is regulated by the Illinois Commerce Commission (ILL) website. T You can compare the PTC in Naperville to the cheapest rates offer by other suppliers to determine what the best fit for your home or business is with EnergyBot. Just enter your zip code to get started.
The Illinois Commerce Commission, known as ICC, is the public utilities commission of the U.S. state of Illinois, charged with the regulation of utility service providers, including electricity, natural gas, telecommunications, and transportation. ICC was created to assure the residents of Illinois have adequate, efficient, reliable, and safe public utility services at a fair price.
In doing so, the ICC impacts every business in Naperville – as it regulates all providers of utility services, including electric and natural gas companies, local and long-distance telephone companies, water and wastewater companies, rail and trucking companies. ICC is responsible for promoting the development of an effective, competitive energy market.
As a Naperville business owner, it is important to understand that the ICC is also synonymous with the “Plug In Illinois” energy comparison charts.
Utilities are the entities in charge of the operation and maintenance of the energy infrastructure, like wires and towers. Energy providers in Illinois, like Direct Energy and Constellation Energy are the competitive energy retailers. Each energy provider buys energy from the wholesale market (the generators) and then re-sells it to consumers (homeowners, renters, and businesses).
In most cases, the consumer, the homeowner, renter, or business, signs a contract with an energy provider for a specific energy plan. The basic energy plan details the rate class, the energy rate per kWh, the contract term length (6, 12, 24, 36 months), and other contract terms like cancellation fee policy.
Energy choice, also known as energy market deregulation, allows Naperville business owners to select their energy supplier. Naperville has been a deregulated market since May 1999.
In 7 years of working to demystify the energy industry, EnergyBot has helped over 100,000 customers. Whether you're looking to find the cheapest electricity rate, a stable contract that fits your budget, or plan for unique energy needs, we’ve been there to help. And we've gotten pretty darn good at it, with over 2,000 5-star reviews and millions in savings for our customers.
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