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Toledo Edison
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What are the Best Toledo Edison Electricity Rates
Ohio Energy Costs Likely to Rise in June 2025. Read on for more information about the announcement here.
Toledo Edison is an electric utility company that provides electricity transmission and distribution services to customers in northwest Ohio, including the city of Toledo and surrounding areas. It is a subsidiary of FirstEnergy Corp., one of the largest investor-owned electric systems in the United States. As part of Ohio’s deregulated energy market, Toledo Edison customers have the option to choose their electricity supplier while still receiving power delivery and bill management from Toledo Edison.
Ohioans gained Energy Choice in 1999 when the state deregulated the electricity market. Prior to deregulation, you had to get your electricity supply from your local utility company.
Deregulation gave customers control of their electricity supply and today, Energy Choice gives you more options than ever before. You can choose an electricity plan that offers incentives like smart home products for switching. You can choose a renewable energy electricity plan to support Ohio’s transition to renewable energy. And of course, you can lock in a low electricity rate for years, protecting you from unexpected rate hikes and helping you possibly save on your electricity bill.
What is the Toledo Edison Price to Compare?
The current Toledo Edison price to compare is 9.52¢ per kilowatt-hour (kWh) effective June 1st, 2025.
The “price to compare” (PTC) is a benchmark rate set by your local utility company that allows you to compare their standard electricity rate with offers from other retail suppliers.
| Price to Compare Effective Date Range | Price to Compare (rate per kWh) |
|---|---|
| January 1st, 2025 - June 30th, 2025 | 11.19¢ |
| July 1st, 2024 - December 31st, 2024 | 9.00¢ |
| January 2nd, 2024 - July 2nd, 2024 | 14.71¢ |
| January 1st, 2024 - June 30th, 2024 | 11.19¢ |
| August 10th, 2023 - January 1st, 2024 | 13.82¢ |
| June 2nd, 2023 - August 9th, 2023 | 24.17¢ |
| January 2nd, 2023 - June 1st, 2023 | 24.17¢ |
| May 2nd, 2022 - January 1st, 2023 | 11.48¢ |
| July 5th, 2021 - May 1st, 2022 | 7.00¢ |
| January 4th, 2021 - July 4th, 2021 | 8.39¢ |
| July 6th, 2020 - January 3rd, 2021 | 7.38¢ |
| January 6th, 2020 - July 5th, 2020 | 9.41¢ |
How to Compare Rates and Secure a Fixed-Rate Plan
Ohio consumers have several avenues available to explore competitive electricity rates and potentially lock in a fixed-rate plan to avoid Toledo Edison’s Price to Compare fluctuations:
- Explore the Apples to Apples Website: The Apples to Apples Ohio website operated by the Ohio Public Utilities Commission offers a comprehensive marketplace with potentially hundreds of competing energy offers. While this provides a wide array of choices, navigating through numerous plans and determining the best supplier for your specific needs can sometimes feel overwhelming.
- Simplify Your Search with ElectricityRates.com: ElectricityRates.com offers a secure, fast, and simple process designed to streamline your rate comparison experience. We present you with only the best rates from top-rated and trusted electricity suppliers serving Ohio, saving you time and effort in your search for the ideal plan.
- Shop Directly Through Supplier Websites: You also have the option to visit individual energy suppliers’ websites. However, keep in mind that you will only see the plans offered by that specific supplier, requiring you to visit multiple websites to get a broader view of the competitive landscape.
Switching Made Simple
Compare rates from leading providers and make the switch in only a few minutes.
How To Read Your Toledo Edison Electricity Bill
Your Toledo Edison electricity bill splits charges into two different sections, delivery charges and supply charges. It’s important to understand that switching electricity suppliers only affects your supply charges.
Delivery Charges
Delivery charges go to Toledo Edison for delivering your electricity. The Public Utilities Commission of Ohio sets these charges, so they don’t change based on your electricity provider.
Supply Charges
These charges go to your electricity provider for your electricity supply. They are based on an electricity supply rate. The electricity supply rate is what you use when comparing electricity providers in Ohio.
Financial Assistance Options for Toledo Edison Customers
Toledo Edison offers a variety of financial assistance programs to help customers who are struggling to pay their electricity bills. These programs include both state-wide initiatives and those supported directly by FirstEnergy/Toledo Edison.
Here are the key financial assistance programs available:
State and Federal Programs (often administered by local Community Action Agencies):
- Percentage of Income Payment Plan Plus (PIPP Plus): This program helps income-eligible customers make their monthly energy payments more affordable. Payments are based on a percentage of household income (e.g., 10% for all-electric homes, or 5% for electric and 5% for gas if both services are regulated). When payments are made on time, arrearages can be reduced and eventually eliminated. Eligibility is generally for households at or below 175% of the federal poverty guidelines.
- Home Energy Assistance Program (HEAP): A federally funded program that provides a one-time benefit to help eligible low-income households with their heating costs. Applications are typically available from July through May.
- Ohio Energy Credit (OEC) Program: Permanently disabled or 65-years-or-older customers may be eligible for a credit (up to 30%) on their winter heating bills. This is administered by the Ohio Department of Taxation.
- Home Weatherization Assistance Program (HWAP): This program provides energy efficiency upgrades to eligible low-income homes at no cost, helping to reduce long-term energy consumption and lower bills.
Toledo Edison (FirstEnergy) Specific Programs and Options:
- Neighbors Helping Neighbors: This program, often administered by The Salvation Army, provides once-a-year financial assistance to disabled, unemployed, or low-income customers at risk of losing service due to overdue bills.
- Ohio Partners for Affordable Energy (OPAE) Fuel Fund: This fund provides financial assistance to eligible low- to moderate-income customers to help pay their electric bills. Customers are usually required to apply for HEAP or HEAP Crisis program if eligible.
- Payment Arrangements / Installment Plans: Toledo Edison offers flexible payment plans (such as the 1/6 or 1/9 payment options) to help customers pay off past-due balances over time while also keeping up with current charges.
- Budget Billing: While not direct assistance, this program helps manage bills by averaging your annual energy costs into consistent monthly payments, avoiding seasonal spikes.
To inquire about eligibility and apply for these programs, customers should primarily contact their local Community Action Agency or reach out to Toledo Edison’s customer service directly at 1-800-995-0095. It’s always best to seek assistance as soon as you anticipate difficulty paying your bill to explore all available options.
Toledo Edison Contact Information
- Official Website
- Customer Service Number: 1-800-447-3333
- Report An Outage Number: 1-888-544-4877 or Report An Outage Online
- Pay Your Toledo Edison Bill
