Skip to content

ForgeAsset / Supercharger ROI / Illinois

Tesla Supercharger ROI in Illinois

Illinois offers a regulator-brokered EV delivery structure with no demand charge, a deregulated supply market with a public price benchmark, and no business personal property tax at all. ForgeAsset models ComEd's watt-hour delivery class election against Illinois's tax stack, with the electricity excise and a supply benchmark folded into the rate.

What makes Illinois economics distinct

A no-demand EV delivery class, guaranteed to 2033

Rather than build a bespoke EV rate, the Illinois Commerce Commission let EV site hosts elect ComEd's existing watt-hour delivery class — per-kilowatt-hour delivery with no per-kW demand charge — guaranteed available through at least September 2033, with make-ready support. That is a structurally site-friendlier approach than most utilities' demand-billed commercial rates.

No business personal property tax, by constitution

Illinois abolished its business personal property tax in 1979 under a state constitutional mandate — not an incentive a legislature can repeal. The replacement is an income-based state tax that never touches site equipment. Charging hardware carries no annual property-tax exposure in Illinois.

Deregulated supply with a public benchmark

Illinois deregulated retail supply in 1997; a large charging site buys competitive supply from a licensed supplier. The Commerce Commission publishes ComEd's Price to Compare — a transparent benchmark against which any contract can be measured. The model uses that benchmark as a documented proxy for a competitive supply contract; it resets on a seasonal cycle.

A clean-fuels standard still forming

Illinois's 2021 clean-energy law funds charging build-out and set a target of one million EVs by 2030. A Clean Transportation Standard — a low-carbon-fuel credit program like California's and Oregon's — has been introduced repeatedly but has not passed. It is a policy tailwind still forming rather than a live revenue line today.

Utilities and tariffs modeled in Illinois

Utility & tariffEnergyDemand
ComEd Watt-Hour EV class14.1¢/kWh flatnone (energy-only)

Rates are digit-verified against each utility's own filed sheets and update within two weeks of any revision. Full derivations are on the methodology page.

See Illinois in the US Supercharger Economics Map — every US Supercharger over utility territories colored by the derived effective electricity cost per dispensed kWh.

Illinois tax profile

  • Sales tax on hardware: 10.25%
  • Business personal property tax: none
  • Clean-fuels credit: no program
  • Per-kWh charging excise: none

Illinois tax defaults applied: no clean-fuels credit program exists in Illinois (the LCFS revenue line is $0; a Clean Transportation Standard has been proposed but not enacted), Illinois has no business personal property tax (its income-based replacement, the Personal Property Replacement Tax at 1.5% of partnership net income, is not modeled — like state income tax generally), LLC costs use the $75/yr annual report, and the sales-tax default uses the Chicago combined rate — editable per site. Chicago municipal energy taxes on the power bill (roughly 0.7¢/kWh) are not included in the tariff rate.

Illinois programs and incentives

ComEd watt-hour EV delivery class + make-ready

A per-kilowatt-hour delivery election with no demand charge, available to separately-metered EV charging and guaranteed through at least September 2033, with make-ready infrastructure support. The bundled rate includes a competitive-supply benchmark.

ComEd Beneficial Electrification Plan rebates

A multi-year utility program funding EV incentives — fleet rebates and make-ready rebates up to several hundred thousand dollars per project — approved by the Commerce Commission.

NEVI (federal, IDOT-administered)

Roughly $148 million over the program along I-55, I-80, I-90, and I-94; awards to date span dozens of projects and hundreds of new ports.

Illinois charging market

Illinois carries roughly 78 Supercharger stations, concentrated in the Chicago metro and along I-55, I-80, and I-90/94. Its economics are distinguished by a no-demand EV delivery class guaranteed through 2033 and a constitutional absence of business personal property tax.

Illinois Supercharger ROI — questions

Does Illinois charge a demand charge on EV charging?
The modeled structure — ComEd's watt-hour delivery class, elected by separately-metered EV charging — is per-kilowatt-hour delivery with no per-kW demand charge, guaranteed available through at least September 2033. The bundled rate folds in delivery, riders, the electricity excise, and a supply benchmark.
Does Illinois tax charging equipment as property?
No. Illinois abolished business personal property tax in 1979 under a constitutional mandate; its replacement is an income-based state tax that is not a per-site cost. The model sets the business-personal-property line to zero for Illinois.
How is the supply cost modeled in deregulated Illinois?
Illinois's supply market is competitive, so a large site buys from a licensed retail supplier. The model uses ComEd's published Price to Compare — a Commerce Commission benchmark — as a documented proxy for a competitive fixed-supply contract, which resets seasonally.

Sources

Model a Tesla V4 Supercharger site in Illinois — payback, NPV, IRR, and a 15-year cash flow from your own inputs.

Run a Illinois scenario

Other states: California, North Carolina, Georgia, Oregon, Pennsylvania, Florida, Arizona, Texas, Virginia, Michigan, Tennessee, Montana, Idaho, Kansas, Nebraska, North Dakota, South Dakota, Wyoming, New Mexico, Oklahoma, Alabama, Missouri, Wisconsin, Iowa, Indiana, Louisiana, Nevada, Washington, Ohio, Utah, New Hampshire, Kentucky, South Carolina, Massachusetts, Minnesota, New Jersey, Colorado, Maryland, Arkansas, Mississippi, West Virginia, Alaska, Hawaii, Washington, DC, Maine, Delaware, Vermont, Rhode Island, New York. Coverage spans forty-nine states and the District of Columbia in total — see the full list.

ForgeAsset is software, not investment, tax, or legal advice — outputs are model estimates from your inputs, not guarantees. Rates and programs current as of research; verify current terms with each source before committing capital.