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.
Getting the Best Ohio Electricity Rates
The electricity plans available to you depend on your local utility company. You can locate your utility provider below to see a snapshot of the best plans ElectricityRates.com has to offer.
For all rates in your area, enter your ZIP Code above.
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:
- AEP Ohio
- The Illuminating Co.
- Dayton Power & Light
- Duke Energy
- Ohio Edison
- Toledo Edison
- Various Rural Electric Cooperatives
Average Ohio Electricity Rates and Bill Total
Ohio Average Bill
The average electricity price in Ohio is 12.56¢ per kWh which ranks 22nd among states. Ohio also ranks in the middle of the pack in terms of rate, usage, and average bill. The average usage per resident is 23rd lowest in the country at 914 kWh per month. This leads to an average electricity bill of $114.80 per month which is on par with the national average.
Updated 3/13/2020 Source: U.S. Energy Information Association (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.
With Energy Choice, the choice is yours.
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.
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!
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A better Ohio electricity rate is right around the corner with ElectricityRates.com, where you can compare leading electricity providers in seconds.