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Decatur

Energy Suppliers and Rates in Decatur, Illinois

Written by Caitlin Ritchie

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Edited by Jamie Cesanek

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Last Updated:

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Key points

  • The deregulated energy market in Decatur, Illinois, lets residents and businesses choose their energy suppliers from a variety of available companies.
  • Constellation Energy currently offers residential customers the cheapest Decatur electricity rate on our marketplace.
  • Compare energy prices and plans in Decatur with the free Choose Energy marketplace today.

Cheapest residential rate in Decatur

The cheapest energy supplier in Decatur currently is Constellation Energy, with the lowest electricity rate starting at 7.99 cents per kilowatt-hour (kWh) with the 6 Month Home Power Plan. Smart Energy also offers energy plans with cheap electric rates in the Decatur area. These advertised rates are for the 1,000 kWh usage tier. If you tend to use more or less than that amount in a month, another plan might be better for your home.

Seasonality and market shifts cause rates to change frequently — enter your ZIP code to check for accurate pricing on our marketplace and filter for your usage tier to find the cheapest electricity rate at your consumption level today.

Best Decatur electricity suppliers

Deregulation in the Illinois energy market gives customers the freedom to choose from the best electricity suppliers in Decatur. You can use the free Choose Energy marketplace to find and compare energy rates and plans from top electric companies in your area. Some of the best suppliers on our marketplace include:

Enter your ZIP code to explore current rates from these suppliers and more. You can sign up directly on our site or call one of our energy experts for help.

The role of utilities in Decatur

In deregulated states, utility companies can operate as your supplier and sell electricity to you, but they also have an additional set of responsibilities. Utilities — assigned by location — maintain electrical infrastructure, deliver power to homes and businesses, and respond to power outages.

Ameren Illinois is the main utility in Decatur. If you experience a power outage in your area, contact Ameren Illinois to report the outage or receive updates about when service will be restored.

Price to compare in Decatur

If you do not sign up for an energy plan with a supplier, Ameren Illinois will enroll you in an energy plan under the default rate. This rate is called the Price to Compare (PTC), and residents in Decatur can use it to determine whether they could get a cheaper rate with an alternative supplier. Currently, the PTC in Decatur for Ameren Illinois is as follows:

  • 5.508 cents per kWh for 800 kWh or less
  • 4.924 cents per kWh for more than 800 kWh

 Find the best electricity rates in Decatur

Weather changes, energy demand, location, and other market factors cause electricity prices to shift during the year. No matter the season, you can depend on the Choose Energy marketplace to find and compare the best electricity rates in Decatur from top-tier suppliers. Here’s how the process works:

  • Enter your ZIP code to explore today’s rates and plans available in your area.
  • Use filters to narrow your options. You can filter for specific suppliers, rate types, term length, and more.
  • Sign up for your new plan. If you find a plan you like, we can guide you through the steps to enroll in a few minutes. You can call the number on your screen to discuss questions you may have with one of our energy experts.

 

How to switch providers in Decatur

You may be interested in switching energy suppliers in Decatur if you are unhappy with your current service, want to find a cheaper rate, or are moving to the area. Whatever your reason, Choose Energy can help you find a new plan and make the switch. If you cancel your current plan before your contract term ends, you may incur an early cancellation fee. You can check your plan’s terms of service document for details about this fee.

Types of plans in Decatur

When you use the Choose Energy marketplace to find energy plans in Decatur, you may notice a few types of plans available. Picking the right plan doesn’t have to be complicated. Call the number on your screen to connect with an energy expert if you have questions.

Fixed-rate plans

Fixed-rate energy plans offer stability because the rate you pay stays the same for the entirety of your contract. Even if energy demand spikes and the wholesale cost of electricity goes up, you will continue to pay the same rate. Fixed-rate plans require a contract, usually lasting between 12 and 36 months. If you end your service before your contract expires, you’ll likely be charged a penalty fee.

Variable-rate plans

Variable-rate plans offer more flexibility than fixed-rate plans, but there’s risk involved. With a variable-rate plan, you don’t have to sign a contract and can switch plans at any time without paying a fee. However, the rate you pay changes based on the wholesale cost of electricity.

No-deposit plans

Some energy suppliers require a deposit for customers with a lower credit score. Luckily, no-deposit plans allow you to skip the deposit. Prepaid electricity plans are a popular option where you pay for electricity ahead of time and refill your account as needed.

Green electricity

Several suppliers offer green electricity plans in Illinois powered by clean energy sources like wind energy and solar power. Smart Energy, for example, offers plans in Decatur from 100% renewable energy sources. To explore eco-friendly plans in your area, enter your ZIP code and filter for renewable options.

Decatur energy FAQs

Who has the cheapest electricity rates in Decatur?

Constellation Energy currently offers the cheapest electricity rate in Decatur for the 1,000 kWh usage tier. Remember that energy prices fluctuate often and your usage will impact the rate you pay.

What is the best energy plan in Decatur?

There isn’t a single energy plan or supplier that will work best for every household because energy needs are unique. When comparing energy plans, consider features like term length, usage tiers, bill credits, green energy, and more. You can use the filters on our marketplace to narrow your options based on what matters most to you.

How do I choose an electricity provider in Decatur?

Choosing an energy supplier may feel overwhelming, but Choose Energy is here to simplify the process. We feature top-tier, reliable companies on our marketplace. We also review suppliers to provide insight into their plan options, business history, and more. Visit our provider hub page and select the company you are interested in to learn more.

How can I lower my utility bill in Decatur?

Lowering your energy usage is the most straightforward way to a cheaper energy bill. You can reduce your usage by turning off lights in unused rooms, unplugging devices when you don’t need them, and investing in energy-efficient appliances. Switching to an energy plan with a cheaper rate could also help you lower your utility bill.

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