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Compare Toledo Edison Electricity Rates

Founded in 1921, Toledo Edison has a century of experience delivering electricity to northwest Ohio. Today, Toledo Edison is a subsidiary of FirstEnergy, delivering electricity to over 300,000 Ohioans.

If Toledo Edison is your local utility company, you benefit from Energy Choice. This allows you to shop for different electricity plans so you can possibly save on your electricity bill.

Keep reading to learn more about getting the best rates for your electricity service. You can also enter your ZIP Code at the top of the page for the most up to date rates in your area.

Get The Best Toledo Edison Electricity Rates

Here’s a snapshot of the best Toledo Edison electricity plans.

Utility: Toledo Edison
Price to Compare: 5.44¢ / kWh
Plan Term & Rate per kWh
Constellation

Constellation

6 Month Home Power Plan

6 months
4.89¢
Tomorrow Energy

Tomorrow Energy

12 Month Fixed

12 months
5.29¢

Rates Updated: 08/15/2020.

For all rates in your area, find the free Rate Comparison Tool at the top of the page and enter your ZIP Code.

How To Compare Ohio Electricity Rates

ElectricityRates.com’s simple and secure platform helps you easily compare and switch electricity plans in minutes. The Marketplace only features Ohio’s best electricity providers that offer great electricity rates, so you can be confident in your decision to switch. Simply follow this easy three-step process:

How to Compare Toledo Edison Electricity Rates
  1. Enter your ZIP Code – To see plans and providers for Toledo Edison.
  2. Compare electricity suppliers and plans – Pay attention to each plan’s electricity supply rate and length.
  3. Switch electricity providers – After finding the plan for you, just fill out the necessary info and switch!

That’s it. Your new provider will take care of the rest. There are no interruptions when you switch electricity providers. Toledo Edison still delivers your electricity and bills you.

Toledo Edison Energy Choice History

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. Now they could shop around for better electricity rates, which in turn, forced electricity providers to compete with one another.

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.

Toledo Edison Service Area

Toledo Edison serves 300,000 customers in northwest Ohio. Its service area includes Toledo, along with much of the surrounding rural areas.

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.

Toledo Edison Price To Compare

If you get your electricity supply from Toledo Edison, you use the Price to Compare when comparing electricity rates. The Price to Compare is your local utility company’s electricity supply rate. You can find Toledo Edison’s Price to Compare on your electricity bill.

Toledo Edison Contact Information

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