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Ohio Electricity Rates
Your Comprehensive Guide to Energy Choice and Savings
Key Takeaways
- The Energy Choice Program empowers Ohio residents to access a diverse array of electricity suppliers, potentially leading to significant savings on their energy bills through increased competition and personalized plan options.
- Ohio's 2001 deregulation fundamentally transformed the state's energy landscape, opening up the market to competition and giving consumers the power to choose their electricity suppliers while maintaining the reliability of utility-managed infrastructure.
- Ohio businesses can leverage the Energy Choice Program to optimize their energy costs through customized plans. This could potentially lead to significant savings and allow companies to allocate resources more efficiently.
- Ohio's energy market offers a range of plan options to suit different needs and preferences, from stable fixed-rate plans that provide predictable costs to flexible variable-rate options that can take advantage of market fluctuations.
Table of Contents
Why Switch Providers?
Average Ohio Electricity Costs
The average electricity price in Ohio is 14.12¢ per kWh which ranks 25th 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.
How Does Ohio Compare Nationally?
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14.12¢ Average Rate per/kWh 25th Highest Nationally -
873 kWh Average Usage per/mo 28th Highest Nationally -
$107.30 Average Cost per/mo 38th Highest Nationally
Ohio’s Energy Landscape
Welcome to Ohio’s dynamic energy market. The Energy Choice program empowers you to select your electricity supplier, offering the potential for significant savings on your monthly bills. This program puts you in control of your energy decisions, allowing you to tailor your electricity plan to your specific needs and preferences.
Understanding Deregulation in Ohio
Ohio’s energy market underwent a significant transformation in 2001 with the introduction of deregulation. This change opened up the electricity market to competition, allowing consumers to choose their energy suppliers while local utilities continued to manage the distribution infrastructure.
Key points about deregulation in Ohio:
- Introduced in 2001 to promote competition and potentially lower prices
- Allows consumers to choose their electricity supplier
- Local utilities continue to manage power lines and infrastructure
- Created the Energy Choice Ohio program to educate consumers about their options
This shift has given Ohioans more control over their energy costs and the types of energy they use, including renewable options. While deregulation has its benefits, it’s important to note that it also requires consumers to be more informed about their choices to maximize potential savings.
Energy Choice: Empowering Consumers
Energy Choice is the cornerstone of Ohio’s deregulated market. This program allows you to select your preferred electricity supplier while your local utility continues to deliver the electricity and maintain the infrastructure. Here’s what you need to know:
- You can choose from a variety of suppliers and plans
- Your local utility still handles power delivery and outages
- Switching suppliers doesn’t interrupt your service
- You can potentially save money by comparing rates and plans
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Ohio’s Price to Compare: Your Benchmark for Savings
The Price to Compare (PTC) is a crucial tool for Ohio consumers navigating the Energy Choice market. Here’s what you need to know:
- The PTC is the rate you pay your utility for electricity supply if you don’t choose an alternative supplier
- It’s set by the Public Utilities Commission of Ohio (PUCO) and changes periodically
- Use the PTC as a benchmark when evaluating offers from alternative suppliers
- If a supplier’s rate is lower than the PTC, you could potentially save money by switching
Remember, the PTC can vary by utility and change over time, so it’s important to stay informed about current rates when making decisions.
PUCO and the Apples to Apples Comparison Tool
The Public Utilities Commission of Ohio (PUCO) plays a crucial role in Ohio’s energy landscape. As the state’s public utilities regulator, PUCO oversees electric, natural gas, telephone, water, and commercial transportation services. Their mission is to ensure safe, reliable, and fairly priced utility services for all Ohioans.
Key responsibilities of PUCO include:
- Regulating utility rates and services
- Promoting competitive utility markets
- Investigating and resolving consumer complaints
- Enforcing safety regulations
- Educating consumers about utility issues
To use the Apples to Apples tool:
1. Visit the PUCO website
2. Navigate to the “Be Informed” section
3. Select “Compare Electric Offers”
4. Choose your utility service area
5. Review and compare the available offers
By utilizing PUCO’s Apples to Apples comparison tool, you can make more informed decisions about your electricity provider, potentially saving money and finding a plan that best suits your needs.
Remember, while the Apples to Apples tool is a valuable resource, it’s just one part of the decision-making process. Consider factors like your energy usage patterns, budget, and preferences for renewable energy when choosing an electricity plan.
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Utilities vs. Suppliers: Understanding the Players
In Ohio’s deregulated market, it’s crucial to understand the roles of utilities and suppliers:
Ohio Utilities
Utilities are responsible for the delivery of electricity and maintenance of infrastructure. Some of the roles they are responsible for:
- Own and maintain power lines, poles, and meters
- Respond to outages and emergencies
- Bill customers for electricity delivery charges
- Provide the Price to Compare for supply
Major utilities in Ohio include:
Ohio Electricity Suppliers
Suppliers compete to provide electricity supply to consumers. They:
- Offer various rate plans and contract terms
- May provide renewable energy options
- Bill customers for electricity supply charges (often through the utility)
Major suppliers in Ohio include:
Remember, while you can choose your supplier, your local utility will always be responsible for delivering your electricity and maintaining the infrastructure.
Types of Electricity Plans
When choosing a supplier, you’ll encounter different types of electricity plans:
- Fixed-Rate Plans: Secure a stable rate for your contract duration, providing predictability in your energy costs.
- Variable-Rate Plans: Rates adjust with market conditions, offering potential savings but with less predictability.
- Indexed Plans: Rates tied to a public index, offering a middle ground between fixed and variable rates.
- Green Energy Plans: Options that support renewable energy production, often at a slight premium.
Consider your budget, risk tolerance, and environmental priorities when selecting a plan.
Finding Your Ideal Electricity Provider
Choosing an electricity provider can be complex, but our platform simplifies the process. We vet providers to ensure transparency and reliability, empowering you to make informed decisions about your energy supply.
Ambit Energy
- Energy Options
- Service Areas CT, IL, MA, MD, NJ, NY, OH, PA, TX
Provider Bio
Headquartered in Dallas, Texas, Ambit Energy provides electricity and natural gas to customers in 17 areas of the United States with deregulated energy markets. Ambit operates in California, Connecticut, Delaware, Illinois, Indiana, Maryland, Massachusetts, Maine, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Texas, Virginia, and Washington, D.C.
APG&E
- Provider Score™ 4.08 / 5
- Energy Options
- Service Areas MD, NJ, NY, OH, PA, TX
Provider Bio
APG&E was founded in 2004 in Texas and now serves homes and business across the U.S. They provide simple, easy to understand, and transparent product solutions to fit everyone's needs. They strive to help customers make informed choices, and deliver the affordable energy solutions and excellent customer experience.
Champion Energy
- Provider Score™ 4.44 / 5
- Energy Options
- Service Areas CT, IL, MA, MD, NJ, NY, OH, PA, TX
Provider Bio
Champion Energy is a retail electricity provider serving hundreds of thousands of residents and businesses, primarily in Texas. As a subsidiary of Calpine, one of the largest natural gas and geothermal electricity generators, this provider brings a solid selection of affordable energy solutions to the retail electricity market.
Clearview Energy
- Provider Score™ 4.48 / 5
- Energy Options
- Service Areas DC, IL, MD, NJ, NY, OH, PA, RI
Provider Bio
Serving 8 states and the District of Columbia, Clearview Energy offers competitive energy plans and world-class customer service while supporting sustainability efforts, like the Shaw Institute and the Scripps Polar Center. Because we care about our customers - today and for generations to come.
Constellation
- Provider Score™ 4.82 / 5
- Energy Options
- Service Areas CT, DC, GA, IL, MA, MD, NJ, NY, OH, PA, TX
Provider Bio
Constellation is the nation's leading provider of carbon-free energy with a commitment to be 100% carbon-free by 2040. They serve over 2.5 million residential and business customers across the United States.
Direct Energy
- Provider Score™ 4.64 / 5
- Energy Options
- Service Areas CT, DC, IL, MA, MD, NH, NJ, NY, OH, PA, TX
Provider Bio
Serving nearly 4 million residential customers, Direct Energy is one of the largest electricity, natural gas and home services providers in North America. They are also one of the largest commercial and industrial electricity with over 240,000 business electricity customers.
Dominion Energy Solutions
- Energy Options
- Service Areas GA, OH, PA
Provider Bio
Dominion Energy Solutions is wholly owned by Dominion Resources, having been created separately with the start of electricity deregulation. Meanwhile, Dominion Energy Solutions also owns Cirro Energy, a Dallas-based retail electricity provider that serves that massive Texas electricity market. In addition to electricity, Dominion also plays a major role in the natural gas market throughout much of the northeast.
Energy Harbor
- Provider Score™ 4.39 / 5
- Energy Options
- Service Areas IL, MD, OH, PA
Provider Bio
Energy Harbor is a retail energy provider specializing in providing clean, carbon-free energy for residents and businesses. They’re headquartered in Akron, Ohio and serve nearly one-million customers across Ohio, West Virginia and Pennsylvania. Safety, reliability and sustainability are outlined as Energy Harbor’s core values.
Energy Plus
- Energy Options
- Service Areas CT, IL, MA, MD, NJ, NY, OH, PA
Provider Bio
Based out of Philadelphia, Energy Plus is one of the fastest-growing electricity providers in the country. The company started only recently and has already grown to serve almost all of the states that have implemented electricity deregulation, starting with New York, but expanding to include much of the Northeast, Illinois, and Texas.
Frontier Utilities
- Provider Score™ 4.05 / 5
- Energy Options
- Service Areas NJ, OH, PA, TX
Provider Bio
Headquartered in Houston, Texas, Frontier Utilities has been providing affordable energy plans to its customers for over a decade. Frontier’s mission is to create superior value and service for its customers, employees, communities and investors through the sale and supply of energy and related services.
Inspire Clean Energy
- Provider Score™ 4.13 / 5
- Energy Options
- Service Areas DC, IL, MA, MD, NJ, NY, OH, PA
Provider Bio
Inspire Clean Energy is on a mission to transform the way people access clean energy in order to combat climate change and accelerate a net-zero carbon future.
Just Energy
- Energy Options
- Service Areas GA, IL, MA, MD, MI, NJ, NY, OH, PA, TX
Provider Bio
Founded in 1997, Just Energy is a publicly traded company with offices located across the United States, Canada and now the United Kingdom. Just Energy serves over 1.1 million residential and commercial customers through a wide range of energy programs and home comfort services.
Major Energy
- Provider Score™ 3.24 / 5
- Energy Options
- Service Areas CT, DC, IL, MA, MD, NJ, NY, OH, PA
Provider Bio
Major Energy is an electricity company based out of Houston that serves deregulated electricity and natural gas markets throughout the Northeast and Midwest. Major Energy offers multiple fixed-rate electricity plans, and also provides the ability to manage your account online.
Public Power
- Provider Score™ 4.29 / 5
- Energy Options
- Service Areas CT, DC, IL, MA, MD, NY, OH, PA, RI
Provider Bio
Public Power is a retail energy provider that serves states throughout the Northeast and Midwest. Since 2008, they have served over one million homes and businesses. They pride themselves on offering competitive, and straight-forward energy plans with hassle-free customer service.
SmartEnergy
- Provider Score™ 3.43 / 5
- Energy Options
- Service Areas DC, IL, MA, MD, NH, NJ, OH, PA, RI
Provider Bio
SmartEnergy is proud to offer 100% green energy. It's their mission to prove that helping the environment doesn’t have to come at the expense of your wallet. They promise social responsibility while providing uncompromisable service to their customers.
Tomorrow Energy
- Provider Score™ 4.25 / 5
- Energy Options
- Service Areas MD, NJ, OH, PA, TX
Provider Bio
Tomorrow Energy is a retail electricity and natural gas supplier with a mission of creating a positive impact in the world by giving customers more clean Energy Choices. Their electricity plans are backed by 100% National Wind Renewable Energy Certificates. All natural gas plans are backed by 100% carbon offsets.
Verde Energy
- Provider Score™ 3.57 / 5
- Energy Options
- Service Areas CT, DC, MA, NJ, NY, OH, PA
Provider Bio
Verde Energy USA was founded to help residents and businesses take advantage of the savings associated with state energy deregulation and the choice it provides. They are also committed to helping Americans move toward a more environmentally sound and economically sustainable renewable energy infrastructure.
Xoom Energy
- Provider Score™ 3 / 5
- Energy Options
- Service Areas CT, IL, MA, MI, NJ, NY, OH, PA, TX
Provider Bio
Xoom Energy is an independent energy provider that provides natural gas and electricity services in 19 states and over 100 utility markets nationwide. As one of the fastest-growing energy providers in the US, Xoom Energy was listed on the Forbes Inc. 5000 list in 2015, 2016 and 2017.
Sustainable Energy in Ohio
Ohio is committed to a sustainable energy future. Many suppliers offer green energy plans, allowing you to support renewable energy production. These plans may source electricity from:
- Solar farms
- Wind turbines
- Hydroelectric plants
- Biomass facilities
Energy Solutions for Businesses
Ohio businesses can leverage Energy Choice to optimize their energy costs. Benefits include:
- Customized rates based on usage patterns
- Energy bill optimization services
- Flexible contract terms
- Potential for significant savings on operating costs
Learn more on our business electricity rates page.
Conclusion: Take Control of Your Energy Choices
Ohio’s Energy Choice program gives you the power to make informed energy decisions. Whether your priority is cost savings or environmental sustainability, you have options. Don’t settle for the status quo – take charge of your energy future.
Ready to optimize your electricity costs?
Ohio Electricity Rates FAQs
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The Energy Choice program allows Ohio residents to choose their electricity suppliers while utilities continue to deliver the electricity. This deregulation promotes competition among suppliers and can lead to better rates and more options.
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You can compare electricity rates by using platforms like ElectricityRates.com, which provides a comprehensive comparison of various suppliers and plans available in Ohio.
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Fixed-Rate Plans: These plans offer price stability by locking in your rate for the duration of the contract, protecting you from market fluctuations.
Variable-Rate Plans: These plans have rates that can fluctuate based on market conditions, which may lead to lower costs during specific periods but can also increase during peak times.
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To choose the best electricity provider, consider factors such as pricing, contract terms, customer service, and the availability of renewable energy options. Using our comparison tool can help streamline this process.
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Yes, businesses in Ohio can also take advantage of the Energy Choice program by comparing rates and selecting plans that best suit their energy needs. Customized plans can lead to significant savings.