What is the average electricity rate in Waterloo, Illinois?

The average residential electricity rate in Waterloo is approximately 24.09¢/kWh per kWh. The average household pays around $124 per month for electricity.

What is the average natural gas bill in Waterloo?

Natural gas customers in Waterloo pay an average of $95 per month. The rate is approximately $1.07/therm per therm.

Which electric company serves Waterloo, Illinois?

Electricity in Waterloo is distributed by ComEd (Commonwealth Edison) and Ameren Illinois. Contact your provider at your local service address to confirm which utility serves your home.

Which gas company serves Waterloo?

Waterloo natural gas service is provided by Peoples Gas and North Shore Gas. Call them directly for new service connections or to report a gas leak.

How do Waterloo electricity rates compare to Illinois averages?

Waterloo's electricity rate of 24.09¢/kWh is above the Illinois state average of 23.85¢/kWh. Urban areas often have higher distribution costs.

How do I start or stop utility service in Waterloo?

To start electric service in Waterloo, contact ComEd (Commonwealth Edison) and Ameren Illinois. For gas service, contact Peoples Gas and North Shore Gas. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.

Waterloo, Illinois Gas & Electricity Rates — Utility Providers & Savings 2026

Gas & Electricity in Waterloo, Illinois

Waterloo, Illinois is served by ComEd (Commonwealth Edison) for electricity and Peoples Gas for natural gas. Rates in Waterloo are comparable to the Illinois state average of 23.85¢/kWh, and residents can access all state-level energy assistance programs.

Compared to the Illinois state average of 23.85¢/kWh/kWh, Waterloo's electricity rate of 24.09¢/kWh is 0.24¢ above the Illinois average. As Illinois is a deregulated market, Waterloo residents can shop for competitive electricity suppliers to potentially reduce their supply rate.

Electric Utility in Waterloo

ComEd (Commonwealth Edison)
Ameren Illinois

Natural Gas Utility in Waterloo

Peoples Gas
North Shore Gas
Nicor Gas
Ameren Illinois

Waterloo vs Illinois Energy Rates

Metric	Waterloo	Illinois Average	US Average
Electric Rate (¢/kWh)	24.09¢	23.85¢	16.00¢
Gas Rate ($/therm)	$1.07	$1.06	$1.47
Monthly Electric Bill	$124	$123	$117
Monthly Gas Bill	$95	$94	$73

Energy Assistance Programs for Waterloo Residents

As a Illinois city, Waterloo residents can access the following state and local assistance programs:

✅ Illinois Home Weatherization Assistance Program (IHWAP)
✅ LIHEAP Illinois
✅ ComEd Energy Efficiency Program
✅ Ameren Illinois ActOnEnergy

Energy-Saving Tips for Waterloo Residents

✓ Winterize your pipes and insulate your water heater for cold months.
✓ Install a programmable thermostat and set heating schedules around your work day.
✓ Check that your furnace filter is replaced monthly during peak heating season.
✓ Add weatherstripping to exterior doors — a common source of heat loss in older Midwest homes.
✓ Consider shopping for a competitive electricity supplier in deregulated Ohio, Illinois markets.

FAQ — Gas & Electricity in Waterloo, Illinois

The average residential electricity rate in Waterloo is approximately 24.09¢/kWh per kWh. The average household pays around $124 per month for electricity.
Natural gas customers in Waterloo pay an average of $95 per month. The rate is approximately $1.07/therm per therm.
Electricity in Waterloo is distributed by ComEd (Commonwealth Edison) and Ameren Illinois. Contact your provider at your local service address to confirm which utility serves your home.
Waterloo natural gas service is provided by Peoples Gas and North Shore Gas. Call them directly for new service connections or to report a gas leak.
Waterloo's electricity rate of 24.09¢/kWh is above the Illinois state average of 23.85¢/kWh. Urban areas often have higher distribution costs.
To start electric service in Waterloo, contact ComEd (Commonwealth Edison) and Ameren Illinois. For gas service, contact Peoples Gas and North Shore Gas. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.