*Energy rates change daily
Since Illinois electricity deregulation began in 1997, businesses have the power to choose their electricity provider. For businesses, large and small, the Illinois deregulated market allows you to compare energy plans from top energy suppliers and shop for the best rate. EnergyBot makes it as easy as purchasing a flight online.
In 1995 Larry D. Habb, president and chief executive officer of Illinois Power Co., the state’s second largest power company, began the pushing for energy deregulation as method of saving energy and money.Two years later Illinois lawmakers passed the the Illinois Electric Service Customer Choice and Rate Relief Law of 1997 that kicked off deregulation in Illinois.
Utilities are the entities in charge of the operation and maintenance of the energy infrastructure, like wires and towers. The local utilities in Illinois include Ameren, Cedar Point Light and Power, Central Illinois Light Company, Commonwealth Edison Company, Electric Energy, Illinois Power Company, and Union Electric Company. The can find the full list of Certified Electric Illinois utilities here. Each utility is responsible for transporting electricity from the generators to residential homes and businesses in their specific region of Illinois.
Energy providers in Illinois, like Direct Energy, Entrust, and Public Power 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.
It is estimated that Illinois is home to over 1.2 million small businesses in a wide variety of industries and categories. Small businesses in Illinois make up 98.2% of the total businesses in the state with the remaining 1.8% being large or enterprise level companies.
As of the latest SUSB census, Illinois small businesses employed 2 million people in the state. The 2.4 million small business employees represent 46.4% of the total employees in Illinois.
1.2 million Small Businesses
Health Care and Social Assistance
We are an online marketplace that connects businesses with the cheapest energy rate. We make the buying process simple and transparent.
Select your new plan, we will work with your new supplier to setup your new energy contract, your service continues without interruption.
EnergyBot is constantly aggregating data from top energy suppliers and publishing the energy rates for each zip code. The EnergyBot Rate is the best energy rate that we can find for your business.
EnergyBot is an online marketplace that helps businesses quickly and easily compare energy suppliers, plans, and rates in their area. With the simple goal to help businesses switch to the best energy for their business, EnergyBot cuts out the middleman – energ consultants and energy brokers, and enables businesses to switch online. EnergyBot also eliminates the fees and sales commissions that businesses may pay when using a traditional energy broker.
In Illinois, energy brokers may advertise promotional rates and offer their services free of charge – which is not exactly the truth. Most energy brokers “bake in their commissions and fees” into the energy rate (per kWh) that businesses will pay – which means that a business may pay a higher rate than necessary when using a broker. EnergyBot rates are simple and transparent and published on our site every day for businesses to review and compare.
The goal of energy market deregulation was to create competition among energy suppliers so that they would be more efficient and ultimately offer lower, more competitive rates, to consumers. Unfortunately, most businesses and residential consumers have found that comparing energy plans is overly complicated and confusing.
EnergyBot makes energy simple. With a fast and transparent online experience, businesses can now compare plans and select an energy rate in just a few minutes. With basic information about your business and energy usage, EnergyBot will quickly compare current rates from top energy suppliers and provide a list of recommended plans for your business. Switching to a new energy plan is now as easy as booking a flight online.
EnergyBot makes it easy to switch energy providers. Simply visit our website, compare and select energy plans in your area, submit the necessary business information, and then upload your most recent energy bill. The EnergyBot team will seamlessly work with your new supplier to make the switch to the new energy plan. And the energy service to your business will continue without interruption.
You will pay your electricity bill directly to your local utility company. EnergyBot will never send you a bill.