ComEd Price Hike: What to Expect
Recently, news has broken that ComEd customers in Illinois will face a price hike in their energy rates. If you rely on ComEd for electricity, you can expect to pay more each month for power going forward. But how much is the increase, and when does it start?
We’ve compiled all the essential data and information here so you can get up to speed on the incoming changes.
What’s Behind the ComEd Price Hike?
ComEd has reported several reasons behind the new price hike, including:
Extreme weather: Higher demand during summer heat waves can strain the grid's capacity.
Data center energy demand: Data centers guzzle energy and increase the electricity demand beyond the supply.
PJM’s auction: Last year, power grid operator PJM saw prices jump about 830%, a record spike.
PJM’s new policy implementation: Slow integration of long-term reforms to build clean energy generators and reform cost-effective energy transmission. There are 3,309 clean energy projects (a total of 290 GW) waiting more than five years for approval.
Load forecasting issues: Different utility approaches are driving up capacity prices.
Fossil fuel reliance: ComEd relies on 48% gas generation, 18% coal in the capacity auction, and only 1% each from wind and solar sources.
How Much Will Rates Increase?
Rates will increase by about 10-15% on each electric bill, costing customers an extra $10.60 monthly on average. The annual impact of this increase is more than $100 extra per year paid for power.
Some customers will enjoy a slight offset to this increase, thanks to Illinois’ Climate and Equitable Jobs Act (CEJA), which subsidizes carbon-free energy products by the state’s nuclear power plants. One of the bill’s provisions ensures that this adjustment will come as a bill credit (1.7 cents per kWh) when energy prices exceed a specific limit, including this new spike.
Unfortunately, customers who use solar generation systems like the EcoFlow DELTA Pro 3 Solar Generator (PV400W) won’t receive the CEJA credit. In fact, they will receive a small charge because they are generating their own power. Still, homes with solar will enjoy some savings, especially when grid power is high-priced.
If you’re on an hourly price contract, you’ll notice that your “multiplier” will go up. However, as an hourly customer, you can leverage the fact that you pay different prices at different times to your advantage. You can use a backup battery like the EcoFlow DELTA Pro Ultra to store extra energy while electricity is cheapest and then use it later when prices peak.
When Will the CoMed Price Hike Take Effect?
The CoMed price hike went into effect on June 1, 2025. This rate increase is expected to last a whole year, through the end of May 2026. You may have already noticed a price difference in your latest electricity bill. Prices may go down again after May 2026, but it’s unclear what will happen after this point.
Who Will Feel the Biggest Impact?
The impacts of this increase will be distributed evenly among all Northern Illinois residents who are ComEd customers. However, the changes will be felt differently by different population subsets. Those who can expect to feel the most significant impact include:
High-usage summer customers: If you use a lot of electricity during peak demand, 2-6 pm in the summer.
Non-solar customers: If you don’t have a way to generate your own electricity and rely on grid power, you’ll have to pay the increase for all your energy.
Low-income households: Families on a fixed income will disproportionately feel the increase.
Data-heavy commercial businesses: Customers with high-capacity energy requirements, like data centers.
Hourly pricing participants: While the increase will take a different shape via a new line item, the increase will be the same overall.
What Can I Do to Lessen the Impact?
While every ComEd customer will face the same price hike, there are a few strategies you can use to save on your electricity costs:
Contact your utility. The first and most important thing to do is contact your supplier if you expect to have trouble paying your high energy bills. You may be able to set up a payment plan or ask about low-cost energy efficiency programs offered. You can also sign up for ComEd’s Peak Time Savings initiative to earn a small credit by reducing your usage during peak demand.
Apply for energy assistance. See if you qualify for ComEd’s Customer Relief Fund to help you afford electricity.
Become more energy efficient. Find ways to become more efficient with your energy use, like shutting off all lights when leaving a room, unplugging appliances and devices when not in use, and finding energy-efficient appliances.
Consider solar. Now is a good time to install solar panels and a battery backup. You can generate free energy when the sun’s out and store excess power that you can use at night or when it’s cloudy, reducing your grid reliance and helping you save.
EcoFlow DELTA Pro Ultra
Frequently Asked Questions
What Is the ComEd Rate Increase for 2025?
The ComEd rate increase starting June 1, 2025, will raise total electric bills by 10-15%, or around $10.60 extra per month, adding up to more than $100 for the year the price hike will remain in effect.
What ComEd Charges Are Increasing, Delivery or Supply?
The supply portion of the charges will increase the price. Delivery rates remain unchanged, but the increase in the cost of electricity supply and transmission is raising customers' rates. ComEd states that it directly passes the supply costs to the customer without making a profit.
ComEd Rate Increase Raises Electricity Costs for Illinois Customers
Driven by a record capacity auction that saw an 830% price spike, a new energy rate increase has already taken effect for ComEd customers in Northern Illinois. Other factors also came into play, including the rise in extreme weather and high demand from data centers. This price will take the shape of an average of $10.60 extra per monthly bill throughout the spike until May 2026. Customers can expect to shell out an additional $100 for their electricity over the next year.
Reducing your peak summer usage and finding alternative energy sources, like the EcoFlow DELTA Pro 3 paired with solar panels, can help you minimize the impact of this price hike on your bills.