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Electricity Companies

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Ohio Electricity Rates

Updated: 01/24/2024

As the 7th largest state in the US, the home to eight US presidents, and the birthplace of flight, Ohio has a lot to be proud of. They are also at the forefront when it comes to energy options for its residents. Ohioans have Energy Choice, meaning they can compare Ohio electricity rates, switch electricity providers, and save on their electricity bill.

Keep reading to learn everything you need to know about comparing electricity rates in Ohio and choosing the best electricity company for your needs.

Shop Ohio Electricity Rates

Find your local Ohio utility below and compare great rates from leading electricity providers. Making the switch is simple, free and only takes a few minutes.

Ohio

Price to Compare 11.32¢

The electricity utility's price for electricity supply expressed as a price per kWh, to be used to contrast prices with competitive suppliers.

Best Electricity Rates
ProviderPlan NameLengthRate Per kWhSign Up
Public Power
Electric 12 Month Fixed Rate
12 Mo.5.39¢
Save 53%
Select
Constellation
18 Month Home Power Plan
18 Mo.5.49¢
Save 52%
Select
Constellation
36 Month Home Power Plan
36 Mo.5.99¢
Save 48%
Select
Public Power
Electric 8 Month Standard Fixed Rate
8 Mo.5.99¢
Save 48%
Select
Tomorrow Energy
12 Month Fixed
12 Mo.6.09¢
Save 47%
Select
PlanRate Per kWh
Public Power
Electric 12 Month Fixed Rate

12 Months
5.39¢
Select
Constellation
18 Month Home Power Plan

18 Months
5.49¢
Select
Constellation
36 Month Home Power Plan

36 Months
5.99¢
Select
Public Power
Electric 8 Month Standard Fixed Rate

8 Months
5.99¢
Select
Tomorrow Energy
12 Month Fixed

12 Months
6.09¢
Select
  • 100% Renewable Sources
See All Plans

Average Ohio Electricity Costs

The average electricity price in Ohio is 14.33¢ per kWh which ranks 26th among states. Ohio also ranks in the middle of the pack in terms of usage, with average residential usage at 873 kWh a month. The average electricity bill in Ohio is $107.30 per month.

electric meter

14.12¢

Average Rate per/kWh

electric plug

873 kWh

Average Usage per month

electric bill

$107.30

Average Cost per month

HOW DOES THIS COMPARE NATIONALLY?

25th Highest

Average Rate

28th Highest

Average Usage

38th Highest

Average Cost

OhioElectricity Rates Trend


Source: Energy Information Administration (EIA)

The Basics of Ohio Energy Choice

Ohioans gained Energy Choice when the state deregulated electricity in 1999. Prior to this, your local utility company controlled both the delivery and supply of your electricity.

With deregulation, your utility still controls electricity delivery, but you have the power to switch electricity suppliers. This forces electricity suppliers to compete with one another to keep prices down and gives you control of your electricity supply.

You now have multiple electricity options available to you. If you want to try and save as much as possible, you can find the lowest fixed-rate plan and lock it in for years. However, if you want to choose a renewable electricity plan and feel good about the energy you use, you can do that too.

Simple Switch, Big Savings

Compare rates from leading providers and make the switch in only a few minutes.

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What To Consider When Choosing An Ohio Electricity Plan

When you are comparing Ohio electricity rates, there are a few factors that you should consider.

1. Type of Electricity Plan

There are many types of electricity plans available in Ohio. However, fixed-rate and variable-rate plans are the two main categories most plans fall under.

  • Fixed-Rate Plans – Your electricity supply rate is fixed for the duration of your plan.
  • Variable-Rate Plans – Your electricity supply rate can change periodically based on the electricity market.

ElectricityRates.com primarily offers fixed-rate plans because they almost always save you more money. They save you from unexpected rate hikes, which often occur during times of peak electricity use.

2. Electricity Plan Length

For plans on ElectricityRates.com, your plan length determines how long your rate is locked in for. They vary anywhere from 6 months to 3 years.

3. Your Utility's Price To Compare

If you are switching from your utility's basic electricity supply service, and want to see what you are paying for electricity supply now, look at the Price To Compare. This is the rate you use to compare with other electricity rates when you are electricity shopping. You can find it on your electricity bill. Your utility's Price to Compare changes periodically.

Supporting Ohio’s Sustainable Future with 100% Renewable Energy

In Ohio, the Ohio Environmental Council focuses on mitigating climate change, equitably and sensibly transitioning the electricity production sector toward renewable energy and creating a sustainable future for Ohio residents. The OEC Energy Program's 2019-2022 goals include decarbonizing the electric system with more investments in and options for renewables and efficiency made by utilities and local governments.

If you want to support Ohio’s sustainable future, and growth of green power generation, you’re in luck! You can sign up for a 100% renewable plan. This can be done without installing expensive solar panels or other equipment in your home.

To compare renewable electricity plans, look for “100% renewable sources” label on plans in the ElectricityRates.com Marketplace.

Ohio Utility Companies

Public utility companies in Ohio are responsible for the reliable transmission and distribution of electricity to your home. They offer electricity service at the default rate or “Price to Compare” and they will still deliver electricity even after you switch providers.

Ohio public utilities are regulated by the Public Utilities Commission of Ohio (PUCO), and include:

Who is the Best Electricity Provider in Ohio?

Electricity shopping can get overwhelming when you are comparing hundreds of providers and plans. It can be difficult to know if the electricity provider you're choosing is trustworthy and that you're getting a good deal.

ElectricityRates.com makes that concern a thing of the past. It does this by vetting providers before they are allowed on the site. This ensures that providers are upfront and honest with their electricity plans.

In other words, you only see the best electricity providers offering the best electricity plans.

Business And Commercial Electricity Rates In Ohio

As a business owner, you can't afford to leave money on the table, and that includes your electricity bill. And if you're not taking advantage of Energy Choice in Ohio, you might be.

So take a second and fill out the business quote request form. ElectricityRates.com can help you get a plan designed for your business, which could include customized rates, energy bill optimization and more!

Shop Electricity Rates by City

If you’re ready to get better Ohio electric rates, enter your ZIP Code at the top of the page and compare rates instantly. Switching is safe and secure and only takes a few minutes.