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A Comprehensive Guide to Ohio Energy Rates

Written By: Adam Cain

Last Updated: 06/20/2024

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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.

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


Source: Energy Information Administration (EIA)

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

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Ohio

Price to Compare 7.68¢

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
APG&E
True Classic 12
12 Mo.5.98¢Select
Public Power
Electric 12 Month Fixed Rate
12 Mo.5.99¢Select
Tomorrow Energy
12 Month Fixed
12 Mo.6.09¢
Save 21%
Select
APG&E
True Classic 24
24 Mo.6.98¢
Save 10%
Select
Constellation
12 Month Home Power Plan
12 Mo.7.49¢
Save 3%
Select
PlanRate Per kWh
APG&E
True Classic 12

12 Months
5.98¢
Select
Public Power
Electric 12 Month Fixed Rate

12 Months
5.99¢
Select
Tomorrow Energy
12 Month Fixed

12 Months
6.09¢
Select
APG&E
True Classic 24

24 Months
6.98¢
Select
Constellation
12 Month Home Power Plan

12 Months
7.49¢
Select
  • 100% Renewable Sources
See All Plans

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 company still controls electricity delivery, but you have the power to switch electricity suppliers. This forces electricity suppliers to compete to keep prices down and gives you control of your electricity supply.

You now have multiple electricity options available. If you want to 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.

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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, most plans fall into the fixed-rate and variable-rate categories.

  • 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

Your plan length determines how long your rate is locked in. It typically ranges from six months to three years. As such, it's important to consider both your shortand long-term budget and financial goals before proceeding.

3. Your Current Utility's Price To Compare

If you are switching from your utility’s basic electricity supply service and want to see what you're paying for electricity supply now, look at the Price To Compare. You use this rate to compare with other electricity rates when you're 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

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 continually collaborates with energy companies to improve sustainability outcomes for energy use. One such partnership was solidified in 2023 when the OEC and AEP Ohio (among other parties) made an agreement that will result in new programs for customers to manage their energy usage and improve grid stability.

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

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:

In addition to direct rate comparisons, it will also be essential to consider further factors such as sustainability and transparency in business practices.

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.

Rate comparison platforms, including ElectricityRates.com, make 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, including your electricity bill. And if you aren't taking advantage of Energy Choice in Ohio, you might be. So, filling out a business quote request form and comparing rates is likely in your best interest. The next step will be to get a plan designed for your business, which could include customized rates, energy bill optimization, and variable contract lengths.

Shop Electricity Rates by City

Always choose secure websites that are frequently updated to get the most accurate information about electricity rates in different regions.