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Electric supply rates are going way up starting June 1.
This is due to an auction held last year that sets the capacity prices that power providers must pay to ensure reliable electricity supply. This will impact currently contracted accounts and accounts that are on local utility rates, i.e. Comed. This cost increase will impact facilities in 13 states including ComEd customers. That means starting June 1, 2025, ComEd customers will see rates go from the current 6.55 cents/kWh to 10.028 cents/kWh. Comed Residential Electric Supply Rate through May 31, 2025 6.55 cents per kilowatt-hour (kWh) (Note: This is written on your bill as 0.0655) High Price Alert: Comed Residential Electric Supply Rates (June 1-Sept. 30, 2025) 10.028 cents per kilowatt-hour (kWh) (Note: This is written on your bill as 0.10028) My advice is to look at alternative electric suppliers to Comed for residential electric supply. Check out NRG for residential electric supply options and save yourself some money this summer when you typically use more electricity than the rest of the year due to air conditioning. I am seeing NRG electric rates of 9.2 cents/kWh with a 3 month contract. Please use my referral code to sign yourself up with NRG to save some money v. Comed: https://www.picknrg.com/custref?refID=0098124576 Alternatively, you can go to my partner page for more electric supply options. For Residential electric (and gas) savings options, go to the following link: https://powerkioskdirect.com/ click sales code, enter bicekenergy Choose the energy plan you like, enter your info, and sign up. For business electric supply rate, please contact me for the best options for your next contract.
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May 2025
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