Illinois Electricity Deregulation

In the late 90s illinois decided to deregulate its energy market to allow consumers a choice in their supplier of electricity.

Illinois electricity deregulation.

Two laws were passed just a short time after habb promised the advent of deregulation marking the official start of deregulation in illinois in 1997. Energy deregulation is available to many residential and commercial electricity consumers in many states in america one of them being illinois. Illinois deregulation in illinois. Illinois is relatively new to energy deregulation and many residents may not even be aware they have a choice in an electricity provider.

Illinois began the deregulation journey when state lawmakers passed the illinois electric service customer choice and the rate relief law this customer choice act turned ameren illinois utilities and commonwealth edison company solely into utility companies and allowed large businesses the opportunity to purchase electricity from an ares. Deregulation differs from regulation in that instead of dealing with one or two electricity providers utilities the market is open to competition. Because of the electric service customer choice and rate relief law that was passed in 1997 illinois electric customers have the power to switch electric suppliers this deregulation in illinois allowed consumers great flexibility while presenting them with the opportunity to procure a lower cost for power in illinois indeed 2007 saw even more rules and.