How to Pay a ComEd Electric Bill & Save Money

Paying your ComEd bill online is a simple and convenient process that allows you to manage your energy expenses with ease. To pay your ComEd bill, simply visit their official website and log into your account, where you can view your current balance and select from various payment options, including one-time payments or setting up automatic payments for hassle-free management. ComEd also offers additional programs designed to help you save money, such as budget billing, which evens out your monthly payments, and energy efficiency programs that provide tips and incentives to reduce your energy usage. By taking advantage of these options, ComEd customers can not only simplify their bill-paying process but also potentially lower their overall energy costs.

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How to Calculate Your ComEd Electic Bill

Get a quick estimate of your monthly utility bill with our Utility Bill Calculator. Just enter your kWh usage, and we’ll show you an average cost based on national rates. Take control of your energy expenses and find ways to save with fyi.energy!

@ kWh Rate
$0.1478
Electric Rates Over Time

US Residential
Electric Costs

U.S. residential electric costs have been steadily rising, with the average rate hitting $0.16 per kWh in 2023. Our data shows how rates have climbed each year since 2015, impacting what you pay on your energy bill.

Most Recent Average Cost per kWh
$.16
Data provided by the US Energy Information Administration
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How to Save Money on Your ComEd Electic Bill

Many ComEd customers are asking, "Why is my electric bill so high?" as electric rates continue to rise across the country due to increased demand and infrastructure costs. To combat these rising expenses, ComEd offers several energy-saving programs and tips to help customers lower their bills. One effective strategy is to enroll in ComEd's Hourly Pricing program, which allows customers to take advantage of lower electricity prices during off-peak hours. Additionally, ComEd provides energy efficiency rebates and incentives for upgrading to energy-efficient appliances and home improvements, such as LED lighting and smart thermostats. Customers can also benefit from conducting a home energy assessment to identify areas where energy is being wasted. By implementing these strategies, ComEd customers can significantly reduce their electric bills, even amidst rising rates.

Community Solar

Allows customers to subscribe to a share of a solar farm in their area, receiving credits on their electric bills for the power generated. Popular in states with supportive policies and incentives.

Average Monthly Billing

Helps residents spread their energy costs evenly throughout the year by calculating an average monthly payment based on past usage, reducing bill spikes in high-usage seasons.

Energy Audits

Often provided by utilities or local governments, energy audits assess a home’s energy usage and suggest improvements to reduce consumption and costs. Some states and utilities offer these audits for free or at a reduced cost.

Rooftop Solar Incentives

Federal and state incentives, including tax credits, rebates, and net metering programs, help make rooftop solar more affordable. Many states also have solar loan and leasing options.

Weatherization Assistance Programs

Funded by the Department of Energy (DOE), these programs provide free weatherization services to low-income households, helping improve energy efficiency through insulation, sealing, and upgrading windows.

Low-Income Home Energy Assistance Program - LiHEAP

A federal program that assists low-income households with energy costs, covering heating and cooling bills, emergency support, and weatherization.

Demand Response Programs

These programs incentivize customers to reduce their energy use during peak hours by offering bill credits or rebates. Commonly found in states with high summer temperatures and peak demand.

Rebates for Energy-Efficient Appliances

Utilities and states frequently offer rebates for purchasing energy-efficient appliances like refrigerators, water heaters, and HVAC systems, helping lower energy bills and reduce demand.

Electric Vehicle (EV) Incentives and Charging Programs

Many states and utilities provide incentives for EV purchases and home charger installations, as well as lower electric rates for EV charging during off-peak hours, encouraging adoption of electric vehicles.

ComEd

Commonwealth Edison Co

Commonwealth Edison Co., commonly known as ComEd, is a leading electric utility provider serving millions of customers in northern Illinois, including the Chicago metropolitan area. As a crucial player in the energy sector, ComEd is committed to delivering reliable and affordable electricity to both residential and commercial customers. With a focus on customer satisfaction, ComEd offers a variety of convenient bill pay options, including online payments, automatic deductions, and mobile app services, ensuring that managing electric bills is seamless and efficient. The company is dedicated to transparency in electric costs, providing detailed billing statements and energy usage insights to help customers better understand and manage their electricity consumption. ComEd also actively invests in modernizing the electric grid to enhance service reliability and support sustainable energy initiatives, ultimately aiming to reduce electric costs and promote energy efficiency across its service areas.