Best for lower supply cost
Compare available supplier rates with the current Ameren Illinois Price to Compare before changing your electricity supplier.
Compare current rates →Peoria Electricity Providers
Compare Peoria electricity suppliers, Ameren Illinois rates, Homefield Energy aggregation, fixed and variable plans, renewable electricity options and contract terms. Enter your ZIP code to see plans available at your address.
Ameren Illinois service area
Homefield Energy aggregation
Fixed-rate plans
Renewable energy
Compare Peoria Electricity Rates →
Find Peoria electricity plans
Enter your ZIP code to find electricity suppliers and plans available in your Ameren Illinois service area.
Supplier rates, availability, fees, renewable content and promotional offers vary by ZIP code and plan. Review the supplier's current offer terms before enrolling.
11.326¢
Ameren Illinois Price to Compare*
~10.7¢
Peoria Homefield summer supply rate*
6–12 mo.
Current supplier examples
ZIP
Best way to compare offers
Quick recommendations
Which Peoria electricity plan is right for you?
The lowest advertised electricity rate isn't automatically the cheapest choice. Compare the supplier rate, contract terms, fees and how the offer compares with Ameren Illinois.
Best for Peoria aggregation
Eligible customers participating in the City of Peoria municipal aggregation program receive electricity supply through Homefield Energy.
See aggregation details →Best for predictable pricing
Fixed-rate plans can provide more predictable electricity supply pricing during the contract period.
Understand fixed rates →Best for renewable energy
Renewable electricity plans can be worth considering if environmental impact is more important than finding the lowest supply rate.
See renewable options →
Peoria electricity rates
Compare Ameren Illinois and Peoria electricity suppliers
The table below combines the current Ameren Illinois Price to Compare with representative Peoria-area supplier and aggregation offers. Supplier offers vary by ZIP code and can change frequently.
● Rate snapshot: August 2026
| Provider | Example plan | Rate* | Term | Supply at 800 kWh* | Plan type | |
|---|---|---|---|---|---|---|
|
Homefield Energy
City of Peoria aggregation
|
Municipal aggregation supply |
~10.7¢
/kWh
|
Summer 2026 | ~$86/mo | Aggregation | View |
|
Ameren Illinois
Utility supply service
|
Price to Compare |
11.326¢
/kWh
|
Jun–Sep 2026 | ~$91/mo | Utility | View |
|
NRG Home
|
6-Month Electric Choice Plan |
12.30¢
/kWh
|
6 months | ~$98/mo | Fixed | View |
|
NRG Home
|
12-Month Electric Choice Plan |
13.90¢
/kWh
|
12 months | ~$111/mo | Fixed | View |
|
Constellation
|
12 Month Green Home Power Plan |
14.29¢
/kWh
|
12 months | ~$114/mo | Green | View |
*Ameren Illinois' 11.326¢/kWh Price to Compare is effective June 1 through September 30, 2026 and represents electric supply plus transmission. The Homefield rate is an approximate summer 2026 aggregation supply rate reported by the City of Peoria. Supplier rates are representative Peoria market snapshots and can vary by ZIP code, usage, eligibility and offer date. The estimated 800-kWh amounts are simple supply-rate calculations and do not represent the complete electricity bill. Delivery charges, taxes and other applicable charges are separate.
Popular Peoria plans
Compare Peoria plans by price and electricity needs
Peoria electricity shoppers should compare the supplier's effective rate with Ameren Illinois' current Price to Compare and determine whether municipal aggregation, a fixed plan or a renewable plan best fits their household.
Homefield Energy
City of Peoria municipal aggregation
~10.7¢
per kWh*
Summer
Current period
Fixed
Supply rate
~$86
800 kWh*
- City of Peoria aggregation supplier
- Approximately 10.7¢/kWh for summer 2026
- Ameren Illinois remains the delivery utility
- Eligibility depends on participation in the program
NRG Home
6-Month Electric Choice Plan
12.30¢
per kWh*
6 mo.
Term
Fixed
Rate type
$0
Monthly charge*
- Six-month fixed-rate example
- 0% green energy shown in current listing
- $0 monthly recurring charge shown
- Confirm current ZIP eligibility
NRG Home
12-Month Electric Choice Plan
13.90¢
per kWh*
12 mo.
Term
Fixed
Rate type
$0
Monthly charge*
- Twelve-month fixed-rate example
- No monthly recurring charge shown
- Longer price-locking period
- Compare total supply cost with Ameren
Constellation
12 Month Green Home Power Plan
14.29¢
per kWh*
12 mo.
Term
Fixed
Rate type
$50
Early termination*
- Twelve-month fixed-rate example
- Renewable electricity product
- $0 monthly recurring charge shown
- Review renewable disclosure and terms
Peoria electricity guide
Compare My ZIP Code
How to choose the best electricity plan
Peoria electricity shoppers should not choose a supplier based only on the advertised cents-per-kWh rate. Compare the complete supply price, contract terms and Ameren Illinois' current Price to Compare.
Compare My ZIP Code
500 kWh
Lower-usage household
Apartments and smaller homes may use less electricity than the standard comparison levels. Check monthly charges and minimum usage provisions.
800 kWh
Ameren comparison level
Ameren Illinois' current Price to Compare is published for residential usage from 0 to 800 kWh at 11.326¢/kWh during the summer 2026 period.
Winter
Heating can affect usage
Peoria-area electricity usage can vary significantly depending on whether your home uses electric, gas or another heating source.
Summer
Air conditioning matters
Hot Illinois summers can increase electricity consumption because of air conditioning and cooling demand.
Understand your bill
What determines your Peoria electric bill?
Your electricity supplier is only one part of the final bill. Ameren Illinois delivery charges, transmission costs and other applicable charges can also affect what you pay.
Electricity supply
This is the portion associated with the electricity supply itself. You may receive supply service from Ameren Illinois, Homefield Energy through aggregation or another eligible retail electric supplier.
Ameren delivery
Ameren Illinois operates the distribution system that delivers electricity to homes and businesses in its service territory. Delivery charges remain applicable regardless of supplier choice.
Transmission and adjustments
Ameren Illinois' Price to Compare combines electric supply and transmission charges. Other adjustments, taxes and delivery charges can affect the final bill.
Before you switch
Five things to check before choosing a plan
Compare the supplier's effective price against Ameren Illinois' current Price to Compare.
Check whether the offer is month-to-month, six months, 12 months or longer.
Determine whether the plan has an early termination fee and when it applies.
A low introductory rate may change later. Understand how and when the supplier can change the rate.
Peoria service areas
Electricity providers by Peoria area
Supplier offers can vary by ZIP code and utility service territory. Use your exact ZIP code when comparing electricity plans.
Ready to compare Peoria electricity rates?
Enter your ZIP code and compare available electricity supplier offers for your area.
Peoria electricity FAQ
Frequently asked questions
Important things to know before switching electricity suppliers in Peoria.
Who are the best electricity providers in Peoria?
The best supplier depends on your ZIP code,
electricity usage, preferred contract length,
rate structure and budget. Peoria customers
in the Ameren Illinois service territory may
compare Ameren supply service, municipal
aggregation where available and alternative
retail electric supplier offers.
What is the Ameren Illinois electricity rate right now?
Ameren Illinois' summer 2026 Price to Compare
is 11.326 cents per kWh for residential usage
from 0 to 800 kWh. It is effective June 1
through September 30, 2026. The Price to
Compare represents electric supply and
transmission charges and is not the complete
delivered electricity bill.
What is the Homefield Energy rate in Peoria?
The City of Peoria reported an approximate
Homefield Energy summer supply price of
10.7 cents per kWh for customers enrolled
in the municipal aggregation program.
Rates and program terms can change.
Is Homefield Energy the same as Ameren Illinois?
No. Ameren Illinois is the local electric
delivery utility in Peoria. Homefield Energy
is a competitive electricity supplier currently
serving customers through the municipal
aggregation program.
Does Peoria have deregulated electricity?
Illinois has a competitive electricity supply
market. Customers in the Ameren Illinois
service territory can generally choose among
utility supply service, competitive supplier
offers, municipal aggregation programs where
available and eligible real-time pricing options.
Does Ameren Illinois choose my electricity supplier?
Ameren Illinois provides regulated electric
delivery service in its territory. Eligible
customers may choose who provides their
electricity supply, including Ameren Illinois,
a municipal aggregation supplier or an
alternative retail electric supplier.
Is a low cents-per-kWh rate always cheapest?
No. A supplier's advertised rate may be
fixed, variable or subject to other terms.
Compare the effective supply cost, contract
length, monthly charges and cancellation
provisions.
Should I choose a fixed-rate electricity plan?
Fixed-rate plans can make electricity supply
pricing more predictable during the contract.
However, you should still compare the complete
offer and understand any early termination fee.
Can I switch electricity suppliers in Peoria?
Eligible Ameren Illinois customers can generally
choose an alternative retail electric supplier
for the supply portion of their service.
Ameren Illinois continues to provide delivery
service and handles outages.
Why is my Peoria electricity bill higher in summer?
Electricity usage can increase during summer
because of air conditioning and cooling.
Supply costs can also change seasonally.
Your total bill depends on electricity
consumption plus supply, delivery and other
applicable charges.
How do I find the cheapest electricity plan for my Peoria home?
Start with your ZIP code and typical monthly
electricity usage. Compare available supplier
offers with Ameren Illinois' current Price to
Compare, check whether municipal aggregation
applies to you and then review the complete
contract terms before enrolling.
Peoria electricity pricing disclosure: Rates and plans displayed on this page are representative market snapshots and can change frequently. Supplier rates may differ by ZIP code, usage, plan eligibility, promotional terms and contract. Ameren Illinois' Price to Compare is not the complete electricity bill because delivery and other applicable charges are separate. The Homefield Energy rate shown for Peoria reflects an approximate summer 2026 aggregation supply rate reported by the City of Peoria. The lowest advertised cents-per-kWh rate does not necessarily represent the lowest total cost. Always review the current supplier disclosure statement and contract terms before enrolling.