About ComEd Illinois
Commonwealth Edison, or ComEd, started in 1907 and is now a part of Exelon. ComEd serves around 4 million customers in northern Illinois, about 70% of the state. The company handles over 90,000 miles of power lines to ensure the customers in its 11,400-square-mile sector receive constant energy.
Since 2001, ComEd has invested over $5 billion into its transmission and distribution system. The company employs around 5,600 people and relies on 1,300 substations to maintain power distribution services.
The Difference Between a Utility and Supplier
In Illinois‘ deregulated market, your energy comes from two parties — utilities and suppliers. Utilities like ComEd are delivery centers for energy. Utilities maintain power lines and transmission systems, respond to power outages and ensure every customer receives the energy they pay for.
Suppliers set the rates a user pays for their power and utilities send it to the users home or business. While utilities are in distinct service area and cannot be shopped, consumers get to choose their third-party suppliers. This system promotes competition among supply companies, which prevents monopolies and keeps the total cost of energy down.
ComEd offers a default rate called the Price to Compare on your electric bill. This rate changes monthly making it hard to budget your electric bills around it and why a fixed rate option with a supplier may be better.
ComEd Service Territory
To view a list of current market rates in ComEd, visit our online platform.
Compare ComEd Electric Rates at EnergyPricing.com
Shopping for a new supplier may feel like a challenge if you’re a commercial client with high energy usage. With us, we make your rate shopping a simple process by using our reverse energy auctions.
Our team will create a group of suppliers in your area to bid for your usage. Suppliers will submit their best rates and have the chance to review and submit other offers if they are not winning your business. You can watch the prices drop in real time. When the auction closes, you will have a list of rates and terms to choose from.
We will pair you with one of our energy experts to help you find the best option for your usage. Whether you choose the lowest rate or your favorite contract, you can feel certain about your choice. You can get started with a custom quote today or contact our team to learn more about our process.