Illinois industrial electricity rates
Illinois industrial electricity cost 8.83 cents per kWh in 2024, with 5,686 accounts buying 42.7 TWh.
In 2024 Illinois industrial accounts paid 8.83 ¢/kWh, rank 16 of 51 and 8.6% above the U.S. industrial price (8.13 ¢). A Illinois account using 625,717 kWh a month pays about $55,251. Since 2015 the Illinois price moved +32.4%.
Illinois sits 0.16 ¢ under Virginia, the state above, and 0.19 ¢ over Nevada, the state below. At 625,717 kWh a month, energy in Illinois costs 21,274 dollars more than in New Mexico, the cheapest industrial state.
How it compares
| Industrial price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| Illinois | 8.83 ¢/kWhthis state | 6.67 ¢/kWh | +32.4% | $55,251at 625,717 kWh |
| Virginia (next above) | 8.99 ¢/kWh+0.16 ¢ against Illinois | 6.95 ¢/kWh | +29.4% | $56,252at 625,717 kWh |
| Nevada (next below)Lowest in this table | 8.64 ¢/kWh-0.19 ¢ against Illinois | 6.75 ¢/kWh | +28.0% | $54,062at 625,717 kWh |
Illinois industrial: 2025 and 2026
Illinois industrial, data to July 2026.
- Illinois 2025 average price
- 10.14 ¢/kWh+14.8% against 2024, U.S. +6.0%
- Illinois 2025 rank
- 13 of 51+3 places against 2024
- Illinois January to Jul 2026
- 10.25 ¢/kWh+2.8% on Jan-Jul 2025
- Illinois Last 12 months
- 10.31 ¢/kWhto July 2026
- Illinois July 2026
- 11.87 ¢/kWh+11.6% against July 2025
- Illinois 2025 costliest month
- Aug 10.80 ¢cheapest May 8.92 ¢, a 21% spread
- Illinois Typical 2025 bill
- $61,301 a monthtop Aug $73,286, low May $44,555
The Illinois industrial price averaged 10.14 ¢/kWh in 2025, +14.8% on 2024: Illinois ran 8.8 points faster than the nation. From January to July 2026 the Illinois average is 10.25 ¢, +2.8% on 2025, 3.0 points below the U.S. change. Seasonality in Illinois: 2025 peaked in August at 10.80 ¢ and bottomed in May at 8.92 ¢. A typical industrial account in Illinois paid about $735,607 for energy over 2025, from $44,555 in May to $73,286 in August; use per account ran 499,500 to 678,578 kWh a month.
Illinois industrial price by month, 2024 to Jul 2026
Price by month, Illinois industrial: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 8.63 | 10.11 | 10.27 |
| Feb | 8.56 | 9.89 | 9.62 |
| Mar | 8.01 | 10.64 | 9.19 |
| Apr | 8.52 | 9.78 | 9.74 |
| May | 8.26 | 8.92 | 10.20 |
| Jun | 9.29 | 9.65 | 10.65 |
| Jul | 9.24 | 10.64 | 11.87 |
| Aug | 9.01 | 10.80 | No data |
| Sep | 9.36 | 10.75 | No data |
| Oct | 9.09 | 10.31 | No data |
| Nov | 8.83 | 9.96 | No data |
| Dec | 9.05 | 10.10 | No data |
12 rows from EIA retail sales.
CSVWhat a typical Illinois industrial account paid each month
Illinois industrial: use per account times price, energy only.
Typical bill by month, Illinois industrial: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 61971 | 65252 |
| Feb | 56719 | 52879 |
| Mar | 59433 | 57441 |
| Apr | 47586 | 61836 |
| May | 44555 | 65451 |
| Jun | 61838 | 70820 |
| Jul | 72334 | 78367 |
| Aug | 73286 | No data |
| Sep | 69034 | No data |
| Oct | 64642 | No data |
| Nov | 59504 | No data |
| Dec | 64704 | No data |
12 rows from EIA retail sales.
CSVIllinois industrial charts
Industrial price, Illinois and U.S.
Illinois 6.67 ¢ in 2015 and 8.83 ¢ in 2024, 0.70 ¢ over the national figure.
Illinois industrial price against the national average, 2015 to 2024: 10 rows
| Year | Illinois industrial | Gap to U.S. industrial | Illinois residential |
|---|---|---|---|
| 2015 | 6.67 | -0.24 | 12.50 |
| 2016 | 6.51 | -0.25 | 12.54 |
| 2017 | 6.47 | -0.41 | 12.95 |
| 2018 | 6.80 | -0.12 | 12.77 |
| 2019 | 6.52 | -0.29 | 13.03 |
| 2020 | 6.70 | +0.03 | 13.04 |
| 2021 | 7.30 | +0.12 | 13.18 |
| 2022 | 8.57 | +0.25 | 15.65 |
| 2023 | 8.20 | +0.16 | 15.71 |
| 2024 | 8.83 | +0.70 | 15.87 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +17.4% in 2022; latest +7.7%.
% vs prior year
- -2.42016
- -0.62017
- +5.12018
- -4.12019
- +2.82020
- +9.02021
- +17.42022
- -4.32023
- +7.72024
Year-over-year change, Illinois industrial price: EIA retail sales.
CSVAnalyst note
The Illinois industrial price sat above the U.S. average in 5 of 10 years; the gap was -0.24 ¢ in 2015 and +0.70 ¢ in 2024. In the 2024 ranking Illinois sits between Virginia (8.99 ¢) one place above and Nevada (8.64 ¢) one place below; the top of the list is 25.30 ¢ away and the bottom 3.40 ¢. Illinois was 29th in 2015 with 6.67 ¢ and is 16th now; a rise in the table. Illinois industrial prices rose in 5 of 9 years. The largest rise was +17.4% in 2022, and the largest fall -4.3% in 2023. The Illinois price peaked at 8.83 ¢ in 2024 and bottomed at 6.47 ¢ in 2017; 2024 is the peak and +36.5% from the low. Compounded, that is +3.17% a year in Illinois, +1.34 points against the U.S. Illinois buys 4.13% of all U.S. industrial electricity with 0.51% of the accounts, so the average Illinois account uses 8.10 times the national average.
Illinois industrial customers paid 8.83 ¢ in 2024, which puts the state 16th of 51, a middle position, 0.70 ¢ over the U.S. Nine years moved the Illinois industrial price +32.4% (+3.2% a year), ahead of the U.S. by 14.7 points. The sharpest year was 2022 at +17.4%; the peak came in 2024.
The latest Illinois year moved +7.7%, so prices are still climbing. The Illinois residential price of 15.87 ¢ sits 7.04 ¢ above. A Illinois industrial account uses 625,717 kWh a month; priced at 8.83 ¢ that is about $55,251, and the sector buys 32.0% of Illinois's power.
Counting revenue instead of kWh, Illinois industrial accounts bring in 23.2% of Illinois sector revenue on 32.2% of the kWh, a discount of 8.9 points that comes from the price level: 8.83 ¢ here against 15.87 ¢ for residential and 11.81 ¢ for commercial accounts. The average Illinois industrial account uses 625,717 kWh a month, 3 of 51 among states on that measure; a residential account uses 0.00 times as much and a commercial account 0.01 times. Industrial accounts are 0.09% of the 6,036,673 accounts in Illinois.
Facts
- Industrial price 2024
- 8.83 ¢/kWh+8.6% against U.S.
- Price in 2015
- 6.67 ¢/kWh+32.4% to 2024
- Annual change
- +3.2%+1.3 points vs U.S.
- Rank
- 16 of 5135 states cost less
- Gap to U.S.
- +0.70 ¢$4,380.02 a month
- Peak year
- 20248.83 ¢; 2017 low 6.47 ¢
- Sales
- 42.7 TWh32.0% of state sales
- Industrial accounts
- 5,6860.45 per 1,000 residents
- Use per account
- 625,717 kWh/mo7,508,606 a year
- Implied monthly bill
- $55,251+$4,380 against U.S. rate
Data tables
Illinois, industrial: price by year
| Year | Illinois | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 6.67 | 6.91 | No data | -0.24 | 0.965 |
| 2016 | 6.51 | 6.76 | -2.4% | -0.25 | 0.963 |
| 2017 | 6.47 | 6.88 | -0.6% | -0.41 | 0.940 |
| 2018 | 6.80 | 6.92 | +5.1% | -0.12 | 0.983 |
| 2019 | 6.52 | 6.81 | -4.1% | -0.29 | 0.957 |
| 2020 | 6.70 | 6.67 | +2.8% | +0.03 | 1.004 |
| 2021 | 7.30 | 7.18 | +9.0% | +0.12 | 1.017 |
| 2022 | 8.57 | 8.32 | +17.4% | +0.25 | 1.030 |
| 2023 | 8.20 | 8.04 | -4.3% | +0.16 | 1.020 |
| 2024 | 8.83 | 8.13 | +7.7% | +0.70 | 1.086 |
Illinois industrial: cost by use
| Monthly kWh | Illinois cost a month | Gap to U.S. rate in Illinois |
|---|---|---|
| 156,430 (0.25x the Illinois account) | $13,812.77 | +$1,095.01 |
| 312,860 (0.5x the Illinois account) | $27,625.54 | +$2,190.02 |
| 625,720 (1x the Illinois account) | $55,251.08 | +$4,380.04 |
| 938,580 (1.5x the Illinois account) | $82,876.61 | +$6,570.06 |
| 1,251,430 (2x the Illinois account) | $110,501.27 | +$8,760.01 |
| 2,502,870 (4x the Illinois account) | $221,003.42 | +$17,520.09 |
Illinois: the three sectors measured against industrial
| Sector | Illinois price ¢/kWh | Price vs industrial | Illinois kWh per account a month | Use vs industrial | Illinois revenue share | Illinois kWh share |
|---|---|---|---|---|---|---|
| Residential | 15.87 | 1.80x | 693 | 0.00x | 43.9% | 33.8% |
| Commercial | 11.81 | 1.34x | 5,904 | 0.01x | 32.9% | 34.1% |
| Industrial (this page) | 8.83 | 1.00x | 625,717 | 1.00x | 23.2% | 32.2% |
Questions on Illinois industrial
How much per kWh do Illinois industrial customers pay: 8.83 cents on average?
8.83 cents in 2024, +8.6% against the U.S. rate.
Is Illinois cheap or costly for industrial power?
16th of 51, with 35 places charging less.
What is the nine-year price trend for Illinois industrial power?
6.67 to 8.83 cents: +32.4% in total, +3.2% a year.
What is a typical monthly industrial bill in Illinois?
625,717 kWh at 8.83 cents, price times use, comes to $55,251.
How many industrial electricity accounts does Illinois have?
5,686 accounts, or 0.45 per 1,000 residents.
When were Illinois industrial prices highest since 2015?
2024 at 8.83 cents; the low was 6.47 cents in 2017.
What did Illinois industrial electricity cost in 2025?
Illinois averaged 10.14 cents per kWh, +14.8% against 8.83 in 2024, and 13 of 51 among states.
Are Illinois industrial electricity prices rising in 2026?
Illinois is -3.0 points against the U.S.: 10.25 cents from January to July 2026, +2.8% on 2025.
When in 2025 did Illinois industrial power cost most, August or May?
August at 10.80 cents in Illinois; May was the lowest at 8.92, a 21% spread.
Does Illinois industrial power cost more than the national average in 2026?
1.22 cents above the national average; Illinois 10.25 cents over January to July 2026, +2.8% on 2025.
More on Illinois industrial
- Illinois state hub23 utilities, 476 accounts per 1,000
- Illinois residential rates15.87 ¢, rank 19 of 51
- Illinois commercial rates11.81 ¢, rank 24 of 51