Electricity Costs in Chicago, Illinois (2026)

Chicago households pay Illinois’s statewide average residential rate of 20.47¢/kWh (April 2026), served primarily by ComEd. Below: exact operating costs for the appliances and vehicles most likely to be on your bill, plus solar payback specific to Chicago’s latitude.

Rate (April 2026)20.47¢
Typical monthly bill$183
Annual bill$2,194

Based on the EIA U.S. average household consumption of 893 kWh/month. Actual Chicago usage varies with climate — Sun Belt cities like Phoenix or Houston average 1,200-1,500 kWh/month; mild-climate cities like San Francisco or Seattle average 400-600 kWh/month.

Top appliance costs in Chicago

Each of the biggest household electric loads, at Chicago’s rate:

ApplianceAnnual costSee full calculator
Electric Water Heater$1,009Details →
Tankless Electric Water Heater$941Details →
Level 2 EV Charger$877Details →
Central Air Conditioner$688Details →
Hot Tub$672Details →
Pool Pump$442Details →
Heat Pump (whole-home)$430Details →
Portable Air Conditioner$255Details →

EV charging cost in Chicago

Home Level 2 charging costs for popular EVs, at Chicago’s residential rate:

EVAnnual home charging costFull breakdown
Tesla Model 3 Long Range$682Details →
Tesla Model Y Long Range$738Details →
Tesla Model S$780Details →
Tesla Model X$910Details →

Solar in Chicago

A typical 6 kW rooftop solar system in Chicago costs about $18,000 gross ($3.00/W Illinois state avg), $12,600 after the 30% federal tax credit. Estimated annual savings: $1,399. Payback: 9.0 years.

Full Illinois solar payback analysis → · Are solar panels worth it in Illinois? →

Installation costs in Chicago

Typical gross install costs for major home energy upgrades, at Illinois averages (Chicago may run ±15%):

  • Central AC (3-ton): ~$6,500 — by state
  • Heat pump (whole-home): ~$12,500 — by state
  • Heat pump water heater: ~$3,900 — by state
  • Rooftop solar (6 kW): ~$18,000.0 — by state

About Chicago electricity

Primary utility: ComEd. Rate data on this page uses the EIA Illinois residential state average. Your actual utility bill may include time-of-use pricing, tiered rates, or monthly service fees on top of the per-kWh energy charge.