Solar Savings in Illinois
Illinois electricity costs are climbing fast after years of scandal, volatile wholesale markets, and infrastructure pass-throughs. HONU HOME gives you a better option.
Why Illinois Homeowners Are Going Solar
A bribery scandal, expiring rate caps, and surging wholesale prices have created urgency for Illinois homeowners.
The ComEd Bribery Scandal
Commonwealth Edison admitted to a years-long bribery scheme, paying associates of the Illinois House Speaker in exchange for favorable legislation. The former CEO was convicted, and ComEd paid a $200 million fine -- but ratepayers continue to bear the cost of a corrupt monopoly's actions.
Expiring Rate Protections
Legacy rate caps that shielded Illinois customers from wholesale market volatility have expired. In 2023, ComEd supply prices surged 22% as wholesale energy prices spiked. Without these protections, homeowners are fully exposed to unpredictable rate swings.
Infrastructure Cost Pass-Throughs
Both ComEd and Ameren are investing billions in grid modernization, smart meters, and EV infrastructure. Every dollar of those investments is passed through to ratepayers as delivery charges. A solar PPA lets you sidestep the majority of these rising costs.
A History of Rate Hikes
Illinois utilities have pushed costs to ratepayers year after year. Here is the timeline.
ComEd rates increased despite the emerging bribery scandal involving payments to associates of Illinois House Speaker.
ComEd raised rates 5.5% after federal bribery conviction, with costs passed through to ratepayers.
Ameren Illinois received ICC approval for 8.2% rate hike to fund grid modernization and smart meter deployment.
ComEd supply rates jumped 15% following the end of rate caps and volatile wholesale energy markets.
ComEd electricity supply prices surged 22% as wholesale market prices spiked and legacy rate protections expired.
Ameren Illinois raised delivery charges 10.3% for grid reliability improvements and storm restoration costs.
ComEd received ICC approval for additional delivery service rate increase for grid upgrades and EV infrastructure.
ComEd vs. HONU HOME Over 25 Years
See how a HONU HOME PPA keeps your rate low while utility rates compound year after year.
Illinois Energy News
Real reporting on why Illinois electricity rates keep rising.
See what you'd save in Illinois
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