Moving to Illinois
Everything you need to know, from why popcorn is the state snack to saving on your average electric bill in Illinois
You would think most people move to Illinois because it is home to both the first ice cream sundae and the world’s largest bakery. Turns out, however, the Land of Lincoln’s affordable cost of living, diverse population and a strong economic foundation are big draws, too.
Then there’s Chicago, of course. (More on the Windy City later.)
A new resident of Illinois enjoys an overall cost of living below the U.S. average, including healthcare and housing costs. And job growth in Illinois continues to rebound, with household incomes slightly higher than the U.S. average.
Those searching for a career in business and financial services will find opportunities in Illinois, headquarters of international exchanges CME Group and the Chicago Board Options Exchange. Education is another big industry. Two of the Top 25 engineering schools – University of Illinois and Northwestern University – are in the state, and dozens of world-renowned schools, like Loyola and DePaul, are based in Illinois. Biotechnology, agriculture and sports also play a role in Illinois’s economy.
Choose your own Illinois electric company
Illinois is an energy innovator, as well. Fermi and Argonne, two federal laboratories, are making Illinois a hotbed in advanced battery technology, and the state is one of the largest producers of clean energy.
Illinois is an Energy Choice state and that’s a boon for both commercial and residential customers who have the freedom to compare electric and natural gas providers and choose the energy supplier and plan that best fits their individual situation. That could be a fixed-rate plan, making their monthly electric bill more predictable, or an energy supplier that offers environmentally friendly clean, green energy.
Nearly 1.6 million consumers have chosen their preferred energy supplier since Illinois paved the way for energy choice through deregulation in 1997. Today, dozens of electricity suppliers vie for consumers, offering competitive prices, renewable energy options and other services and incentives.
The average cost of electricity for Illinois residents is about 12 cents per kilowatt hour (kWh), a little higher than the national average of 11 cents per kWh. For those who want to compare rates, switch electric suppliers and possibly save money on their electricity cost, the process is simple. And Illinois residents who make the switch still receive the same electric bill from their local utility company, making the transition even easier. After setting up an account with your public utility, shop plans from suppliers so you can be sure you have the plan that’s right for you.
How electricity and natural gas reach your home
Energy reaches Illinois homes through the interconnected work of three providers – production and generation companies, suppliers and utility companies.
Generation companies in Illinois include Vistra, Exelon, AmerGen, NRG Energy, and more. Electric utility companies in Illinois include Ameren Illinois, ComEd, and MidAmerican. Natural gas utilities in Illinois include Nicor, North Shore, and Peoples Gas.
Illinois cities
Energy reaches Illinois homes through the interconnected work of three providers – production and generation companies, suppliers and utility companies.
Generation companies in Illinois include Exelon, AmerGen, Vistra, NRG Energy, and more. Electric utility companies in Illinois include Ameren Illinois, ComEd, and MidAmerican. Natural gas utilities in Illinois include Nicor, North Shore, and Peoples Gas.