What is the difference between fixed and variable rate plans?
A fixed rate plan provides you with stability and peace of mind. Utility rates are variable rates that can change periodically. A fixed rate product may be higher or lower than utility rates, but, unlike utility rates, a fixed rate product will not change during the life of your contract. You are protected against unexpected and costly price increases and have greater control over the cost of your energy.
Unlike a fixed rate, a variable rate plan fluctuates monthly and does not protect you against price volatility. This may be higher or lower than the utility rate.
Illinois Variable Rates
Click the buttons below (Illinois Electricity Variable Rates and Illinois Historical Variable Rates) to view the applicable variable rate on your bill. The variable rate on your bill will be the effective rate at the time during which your meter is read. Rates listed are dependent upon your rate class and are subject to change on a monthly basis.