Ohio electricity is supplied by energy suppliers and regulated by the Public Utilities Commission of Ohio (PUCO). Since Ohio is a deregulated state, customers can choose their own energy supplier and plan. Ohio energy rates fluctuate on a daily basis due to market supply and demand. It is important to know the energy options available and what the best rate is for your specific situation.
When shopping for Ohio electricity plans, you should look at the different contract lengths, energy rates, and plan benefits. You should also take into consideration whether you are looking for a fixed or variable plan. Fixed-rate plans offer stability and a consistent price per kilowatt hour for the duration of the plan. Choosing the right Ohio electric plan is easy and starts online. Enter your zip code to compare Ohio energy companies and prices.
Using an online website, you can quickly and easily compare dozens of providers, plans and rates in seconds. Simply enter basic information about your home or business, like the zip code and monthly energy consumption. Then, select a provider with the best offer and sign up. It only takes a few minutes to switch and start saving on your energy bill.
In addition to shopping Ohio electricity rates on your own, you can use a free service like Arbor to monitor Ohio energy rates for you. By doing so, you can always be sure you are getting the best Ohio apples to apples electric rates possible. Arbor will scan the Ohio energy markets and find you the lowest rates in your area based on your current usage. Once your contract term ends, Arbor will find the next lowest Ohio electricity rates for you and automatically switch you over. This means you never have to worry about paying too much for your ohio electricity again!
Another option to consider for Ohio electricity is a governmental aggregation program. Municipalities can aggregate their citizens together to buy Ohio electricity in bulk and negotiate on their behalf for a better deal. Many Ohio communities participate in a program called NOPEC, which is a non-profit governmental energy aggregation organization. Other Ohio governmental energy aggregation programs include Green Power Ohio and eSource.
The type of energy you use can also impact your ohio electricity rates. Ohio uses both nonrenewable and renewable resources to generate electricity. The most common sources of nonrenewable energy are coal, oil and natural gas. Renewable energies include hydropower, wind and biomass.
The average weighted Ohio electricity rate is 10.1 cents per kilowatt hour in June. This price is a 91% increase from the Ohio average electricity rate in January 2019. In addition, consumers can shop Ohio green energy rates on Price to Compare and support local sustainable initiatives.