MidAmerican Illinois Electric Rates & Plans
Electricity rates, plans, peak hours and solar rules for MidAmerican Energy Illinois homes in Illinois. Updated November 2026.
What homes pay
- Average home rate
- 9.72¢/kWh
- 1-year change
- -3.4%
- 20199.90¢
- 20239.90¢
- 20249.99¢
- 20259.99¢
- Sep 2025 to Aug 20269.72¢
Source: U.S. Energy Information Administration, Form EIA-861M and Form EIA-861. Average rate: September 2025 to August 2026. 1-year change: January to August 2026 compared with January to August 2025.
Plans and peak hours
| Plan | Peak hours | Fixed monthly charge |
|---|---|---|
| Standard (RS) | None. Same price all day | $8.97 ($7.25 basic service + $1.72 meter) |
| Time of use (RST) | 1 to 6 pm weekdays; cheapest 10 pm to 8 am | $8.97 ($7.25 basic service + $1.72 meter) |
MidAmerican has asked the Illinois Commerce Commission for an increase of about $9 a month in 2027 and again in 2028.
Source: MidAmerican Illinois electric tariffs, as of February 1, 2024 tariff.
Solar and battery rules
- Power you send back
- Rate NEM: delivery is billed on all power you take from the grid, supply on the net. Extra power earns supply credits that carry forward.
- Solar incentive
- Illinois pays a $300 per kW rebate for solar with a smart inverter.
Source: MidAmerican Energy, Illinois interconnection and Rate NEM.
Other Illinois utilities
Energy, on a better plan
Solar and battery storage for one monthly payment, at a lower rate than your utility. $0 to low upfront. We own the equipment and look after it.