Find the Cheapest Electricity Rates for Peoria IL 61625

We've made it easy to compare Peoria power rates so you can get the best electricy price for your needs.

Popular Plans in Peoria

6 Month Fixed Rate
6 Month Home Power Plan
  • 11.79 ¢/kwh
  • 3.2% under utility rate
    Compared to the current AmerenCILCO rate of 12.1800¢ / kwh
  • $0.00/mo.
     MRC
    The 'MRC' or 'Monthly Recurring Charge' is a fee that the provider will add to each of your bills in addition to the electric usage charges.
  • 6 month
  • Fixed Rate
12 Month Fixed Rate
12 Month Home Power Plan
  • 12.99 ¢/kwh
  • $0.00/mo.
     MRC
    The 'MRC' or 'Monthly Recurring Charge' is a fee that the provider will add to each of your bills in addition to the electric usage charges.
  • 12 month
  • Fixed Rate
6 Month Fixed Rate
6-Month Electric Choice Plan
  • 12.80 ¢/kwh
  • $0.00/mo.
     MRC
    The 'MRC' or 'Monthly Recurring Charge' is a fee that the provider will add to each of your bills in addition to the electric usage charges.
  • 6 month
  • Fixed Rate
These rates may have changed since publishing
Rates as of June 28th, 2025

What customers around Peoria are saying

Overall Rating
Best choice I've ever made!!!!
Ive been a customer for over 2 years and have experienced not one problem with this company. Easy to switch and customer satisfaction is their main objective. Infact I have received an energy credit check every month for my supply just for reccomending them to others. So don't believe the ratings give them an honest chance to lower your electric or gas every month. There are no gimmicks, no contracts or any hidden fees.
Ive been completely satisfied and so have the people I've told.
  • Andy Haines
  • Peoria, IL
  • February 3rd, 2020

Local Electricity, and Natural Gas information for 61625

Electricity and local information about 61625

With a population of 385 people, 61625 is Illinois 1198th most populated zipcode and covers 0.01 square miles in Peoria.

Area codes in 61625 include 309.

4 Cities Nearest to Peoria

Smaller Zipcodes around 61625

ZipcodePopulation
62833383
62850381
61333381
61730379
62538378

News Articles Around Peoria

Best 12 Month Electricity in Peoria

 Posted on

Choose the Best 12 Month Electricity Plan

Shop the best electricity rates in Peoria. Don't pay those high Ameren PTC rates next spring. Shop now and save!
Ameren PTC rates will likely rise next year. Learn how to save more money when choosing the best 12 month electricity plan for your home in Peoria.

If you want to shop for the best electricity rate, now is the time. Fall weather is here, and with it comes decreased electricity demand. And that helps lower prices. In addition, lower natural gas prices have also help push electricity down further. But shopping the best plans and rates can be confusing. The good news is that if you're not sure where to start, don't worry! Let's look at three of the best 12 month electricity plans available in Peoria.

Why Pick a Plan Higher than the PTC Rate?

Right now, electric rates in Illinois are well below the yearly national average. The current Ameren PTC rate is a bit lower than most of these plans we'll get into. However, the Ameren PTC rate expires on May 31st. And by then summer weather will start driving up energy demand and prices.

Shopping for a 12 month fixed-rate plan now means you'll lock in the current low rate for the next year. And those rising summer PTC rates won't affect your bills. Plus, without early termination fees, you can always leave your contract if rates fall again and you find a better deal.

Find the Best Electricity Rate

First we have the best 12 month rate available, from NRG Energy. Their 12 Month Electric Choice plan comes in at only 10.1 cents per kWh. Assuming an average Illinois home uses about 700 kWh each month, the monthly energy supply charge will be about $70.70. And with no monthly fees, you can't go wrong with this plan.

Get a Great Deal on Electricity

Next, we have a great deal for customers new to Direct Energy. Their Live Brighter 12 plan comes in at only 10.19 cents per kWh, so you'll only spend an estimated $71.33 a month for your electric supply. In addition there are no monthly fees to worry about. And when you refer a friend to Direct Energy, you both get a $50 gift card!

Choose a Highly Rated Provider

Finally, we have Constellation. Their 12 Month Home Power Plan comes in at 10.69 cents per kWh, so your electric supply charges will run about $74.83 a month. In addition, there are no monthly fees to deal with. And as one of our highest rated providers, you'll be happy with the service from Constellation.

Shop for Electricity and Save

These are just a few of the plans available. There are other options for longer or shorter terms that you can shop right now. Plus, you can read reviews, track electricity rates, and a lot more at https://www.ilenergyratings.com.