Localized Intelligence

Illinois Market Feed

Real-time pricing data and strategic market alerts for your facility.

Electricity Rate

12.28¢/kWh
Status: Deregulated (Shop Quotes)

Natural Gas Rate

$0.8073/therm
State average for commercial accounts based on pipeline hubs.

Latest Intelligence for Illinois

15 Alerts
MODERATEApr 20, 2026National Macro

Natural Gas Analyst Consensus 2026: Wood Mackenzie, EIA & Street Benchmarks for Procurement

Side-by-side 2026 Henry Hub forecasts from Wood Mackenzie ($4.10), EIA STEO ($3.72), S&P Global ($3.95), Goldman, BofA, and Morgan Stanley. Consensus ~$3.85/MMBtu, range $3.20–$4.60. LNG feedgas, data-center burn, and winter 2026-2027 risk breakdown for procurement teams.

CRITICALApr 16, 2026

FERC Orders $1.1 Billion Penalty for Decade-Long Capacity Market Fraud in PJM and MISO

FERC finalizes the largest enforcement action in its history against American Efficient LLC — $722M in civil penalties and $410M in disgorgement for a 'money-for-nothing' scheme claiming 20+ GW of fake energy efficiency resources in PJM and MISO capacity markets over 11 years. $407.7M returned to PJM ratepayers.

CRITICALApr 15, 2026

PJM Proposes 14.9 GW Reliability Backstop: Bilateral Procurement and Central Auction Target Data Center Capacity Crisis

PJM formally proposes a one-time Reliability Backstop Procurement targeting 14.9 GW of new capacity through bilateral contracting (Sep 2026) and central pay-as-bid auction (Mar 2027). Bipartisan governor coalition demands data centers bear costs. RFI issued April 16. Projected 50-60 GW shortfall over the next decade.

LOWApr 15, 2026National Macro

EIA Storage Report April 16: NGI Forecasts 62 Bcf Injection — Henry Hub Drops to $2.58, Most Aggressive Procurement Signal of 2026

NGI forecasts 62 Bcf injection for week ending April 10 — more than double the initial 27 Bcf consensus. Storage surplus widens to 122 Bcf above 5-year average. Henry Hub at $2.58/MMBtu, lowest since Q4 2025 and 32% below EIA's $3.80 annual forecast. Commercial procurement window analysis.

ELEVATEDApr 14, 2026National Macro

US Commercial Electricity Rates 2026: EIA Forecasts and Budget Benchmarks

EIA forecasts anticipate the average US commercial electricity rate to reach 13.12 cents per kWh in 2026. Regional divergence driven by transmission infrastructure upgrades, grid modernization, and capacity market shortfalls across the Northeast, ERCOT, and Mountain West.

MODERATEApr 13, 2026National Macro

EIA Natural Gas Storage Preview: Analyst Consensus & 27 Bcf Injection Impact (April 16, 2026)

Analyst consensus for the EIA Natural Gas Storage Report (April 16, 2026): 27 Bcf injection vs. 50 Bcf prior week. Wood Mackenzie, Reuters survey, and Estimize expectations. Henry Hub at $2.68/MMBtu. What analysts expect this means for commercial procurement and summer price risk.

CRITICALApr 11, 2026

PJM 2027/2028 Capacity Auction: $333.44/MW-day as RTO Fails to Meet Reliability Requirement for the First Time

PJM's 2027/2028 BRA cleared at $333.44/MW-day — the highest in RTO history — and marks the first time PJM failed to procure enough capacity to meet its reserve margin. Data center demand with a 40+ GW queue is the primary driver. Commercial bill impact: $2.80-$3.20/MWh in capacity charges.

WARNINGApr 11, 2026

MISO MTEP-26: $8.8 Billion Transmission Plan Allocates $3.1 Billion for Data Center Load Growth

MISO's draft MTEP-26 totals $8.8 billion with $3.1B earmarked for data center and industrial load growth. Expedited Project Review processes 13 GW of new load. Peak demand CAGR revised to 1-2% through 2044 — up from 0.5% in prior plans. Board vote December 2026.

LOWApr 11, 2026National Macro

EIA Storage Report: 50 Bcf Injection Pushes Stocks 87 Bcf Above Average as Henry Hub Drops to $2.65

EIA reports 50 Bcf net injection for week ending April 3, 2026. Working gas at 1,911 Bcf — 87 Bcf above the 5-year average. Henry Hub spot at $2.65/MMBtu, 30% below EIA's $3.80 annual forecast. NYMEX summer curve tops at $3.18. Commercial procurement window analysis.

LOWApr 6, 2026National Macro

Electric Choice 2026: Which States Let Businesses Switch Electricity Providers & How Much You Can Save

18 states + DC offer electric choice in 2026. Commercial businesses save 10-18% vs default utility rates. State-by-state deregulation guide with average ¢/kWh rates and step-by-step switching process.

CRITICALApr 4, 2026

MISO 2026/2027 Capacity Auction Preview: What Midwest Commercial Buyers Must Know Before April 28

MISO's 2026/2027 PRA results post April 28. After Zone 4 cleared at $72.84/MW-day last year — a 300% spike — analysts expect further tightening. What this means for commercial electricity costs in IL, MI, IN, WI, MN.

MODERATEApr 3, 2026National Macro

Average Commercial Electricity Rates by State: 2026 Benchmark (Verified EIA Data)

US national average commercial electricity rate: 14.12¢/kWh (January 2026). State-by-state comparison from EIA Electric Power Monthly with ISO market context, YoY trends, and procurement timing for C&I buyers.

CRITICALApr 3, 2026

PJM 2026/2027 BRA Results: Record $329.17/MW-day Capacity Prices Hit Commercial Bills

PJM's 2026/2027 Base Residual Auction cleared at the FERC-approved cap of $329.17/MW-day — 22% above the prior year. What this means for commercial electricity bills in PA, OH, NJ, IL, MD, VA, and DC starting June 1, 2026.

LOWApr 2, 2026National Macro

EIA Storage Report: First 2026 Injection at +36 Bcf as Season Shifts Two Weeks Early

EIA reports a 36 Bcf net injection for the week ending March 27, 2026 — the first build of the season, arriving two weeks earlier than the 5-year average. Working gas at 1,865 Bcf. Henry Hub holds at $2.90. What early injections mean for gas-indexed electricity procurement.

ELEVATEDApr 2, 2026National Macro

2026 Injection Season Begins: 1,829 Bcf in Storage, ~2,000 Bcf to Refill Before Winter

EIA natural gas storage at 1,829 Bcf entering the 2026 injection season. Refill math: ~67 Bcf/week needed over 30 weeks to reach comfortable pre-winter levels. Henry Hub at $2.90 vs $3.80 EIA forecast. Commercial procurement timing analysis.

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