Compare Bloomington Electric Rates & Prices

In Illinois’ deregulated energy market, electricity suppliers sell power plans to customers. They also track customers’ electricity usage and manage accounts and payments. There are several Bloomington energy suppliers to choose from, including:

• Constellation Energy
• Direct Energy
• Public Power
• Smart Energy

Your utility company is responsible for delivering electricity or natural gas to your home, monitoring and maintaining electrical infrastructure, and responding to power outages. If you don’t pick your own energy supplier, you will be defaulted to buying power from your electric utility. Bloomington’s utility companies include:

• Ameren Illinois
• Nicor Gas

If you’re experiencing a power outage in Bloomington, you should report it to your utility, not your electricity provider. Here’s how you can contact your Bloomington utility company:

• Ameren Illinois
  • Visit the online outage center
  • Call 1-800-755-5000
• Nicor Gas
  • Call 1-888-642-6748 for a gas emergency

Although you’re free to select your own power company in Bloomington, you don’t have to. If you choose not to use a separate electricity provider, you’ll get your energy from your local utility company at the default rate. This is known as the price to compare (PTC). You can also use this number to see if you can get a better price from an energy provider.

Currently, Ameren Illinois’ PTC is 8.277 cents per kilowatt-hour (kWh) if you use between 0 and 800 kWh per month, or 7.693 cents per kWh if you use more than 800 kWh. Both of these prices are available until May 31, 2025.

In addition to picking your Bloomington energy provider, you can also choose from different types of electricity plans. Here are some kinds of plans you might find on the Choose Energy marketplace:

• Fixed-rate plans: If you select a fixed-rate plan, you’ll pay the same electricity rate as long as your contract is active. Typically, fixed-rate contracts last between 12 and 36 months. However, if you switch providers or cancel your plan while you’re still under contract, you’ll need to pay an early termination fee (ETF).
• Variable-rate plans: The rates on these plans fluctuate with the wholesale cost of electricity, so when prices drop, you could get a lower rate. But when energy costs increase, so can your rate. On the plus side, you can cancel a variable-rate plan or switch providers whenever you like without paying an ETF.
• Prepaid and no-deposit plans: Prepaid plans are a popular type of no-deposit plan, so they don’t require a credit check or an initial deposit. Instead, you’ll pay for your electricity in advance. When the account balance runs low, you’ll receive an alert to top up.
• Renewable energy plans: If you’re interested in going green, you can sign up for a 100% renewable energy plan. For example, Smart Energy’s green energy plans provide renewable energy credits (RECs) to offset your electricity usage with electricity generated from renewable sources, such as wind and solar.

Find the best energy plan with Choose Energy

With Choose Energy, it’s easy to find an affordable energy plan that fits your needs. Our marketplace lets you compare rates and plans from multiple providers all in one convenient place. Here’s how it works:

• Submit your ZIP code. After providing your ZIP code, you’ll get a list of current plans in your area. You can filter the results by price, provider, contract length, and more.
• Sign up for a plan. Once you’ve picked a plan that works for you, follow the prompts to sign up online. If you’d rather sign up over the phone, you can call the number on your screen to speak with one of our experts.
• Let your provider handle the setup. Your new electric company will take care of the setup so you can relax and enjoy your new plan.

 

No matter why you need a new energy plan in Bloomington, Choose Energy can help. If you’re moving to the area, you can use our marketplace to discover plans and sign up with the provider of your choice. If you already live in Bloomington but want a cheaper rate or different plan, you can also explore your options on Choose Energy using your ZIP code.

What’s the best energy provider in Bloomington?

There are many reliable energy providers in Bloomington, so the best one really depends on your specific needs. For example, if you want a renewable plan, then Smart Energy might be the best option. But if you’re more interested in a long-term commitment, you might consider Public Power, which offers 24-month contracts in Bloomington.

Is a deposit required for my energy plan?

Most energy providers will run a credit check before beginning service. If your credit score doesn’t meet their threshold, then you’ll usually need to pay a deposit. You can avoid this initial fee by signing up for a no-deposit plan.

How can I lower my utility bill in Bloomington?

Using less electricity is one way to lower your energy bill. There are many ways to do this, including unplugging unused appliances, switching to LED lightbulbs, maintaining your HVAC system, and investing in energy-efficient appliances. Switching to an energy plan with a cheaper rate can also help reduce your utility bill. Just enter your ZIP code on this page to get started.