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Ohio

Compare Ohio Electric Rates & Prices

Written by Caitlin Ritchie

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Edited by Jamie Cesanek

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Last Updated:

Explore today's low rates and compare energy plans.

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Compare Ohio’s lowest electricity rates

Plan NamePlan LengthRate*
Clearview Energy - ClearGuarantee9Plus9 months$0.037/ kWh
Public Power - Electric 12 Month Fixed Rate12 months$0.057/ kWh
Constellation - 6 Month Home Power Plan6 months$0.060/ kWh
Clearview Energy - ClearGuarantee66 months$0.066/ kWh
Direct Energy - Term Optimized Live Brighter 66 months$0.066/ kWh
Energy Harbor - Safe Harbor Value 66 months$0.067/ kWh
Public Power - Electric 6 Month Standard Fixed Rate6 months$0.068/ kWh
Clearview Energy - ClearGuarantee99 months$0.069/ kWh
Clearview Energy - ClearGuarantee1212 months$0.069/ kWh
Energy Harbor - Safe Harbor Value 88 months$0.072/ kWh
Public Power - Electric 8 Month Standard Fixed Rate8 months$0.073/ kWh
Clearview Energy - ClearGuarantee2424 months$0.073/ kWh
Constellation - 12 Month Home Power Plan12 months$0.075/ kWh
Public Power - Electric 15 Month Standard Fixed Rate15 months$0.077/ kWh
Constellation - 9 Month Home Power Plan9 months$0.077/ kWh
Energy Harbor - Safe Harbor Value 1212 months$0.077/ kWh
Public Power - Electric 12 Month Standard Fixed Rate12 months$0.078/ kWh
Frontier Utilities - OH Frontier Online Premier-1212 months$0.078/ kWh
Direct Energy - Live Brighter 1212 months$0.078/ kWh
Energy Harbor - Safe Harbor Value 1414 months$0.079/ kWh
Public Power - Electric 14 Month Standard Fixed Rate14 months$0.080/ kWh
Public Power - Electric 24 Month Standard Fixed Rate24 months$0.080/ kWh
Constellation - 36 Month Home Power Plan36 months$0.080/ kWh
Atlantic Energy - Atlantic Secure Choice 1212 months$0.081/ kWh
Clearview Energy - ClearCharge1212 months$0.085/ kWh
CleanChoice Energy - Clean Planet1 months$0.087/ kWh
Direct Energy - Live Brighter 1818 months$0.088/ kWh
Constellation - 24 Month Home Power Plan24 months$0.089/ kWh
CleanChoice Energy - Clean Pick - 12 Months12 months$0.098/ kWh
CleanChoice Energy - Clean World12 months$0.107/ kWh

Please note: All rates above are accurate as of 12/06/2024, 10:59:52 PM CST for ZIP Code 43460. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.

*All pricing shown in cents per kWh

Average Ohio electricity rates in October 2024

Types of Ohio energy plans

When exploring energy options in Ohio, you’ll find a few different types of energy plans. The key difference between plans is the rate structure and how your supplier determines its electricity rates. Be sure to review the Electricity Facts Label (EFL) of any plan you consider to understand all the details.

  • Fixed-rate plans: A fixed-rate plan keeps your rate constant for the duration of your contract, typically lasting 12 to 36 months. This type of plan can help you budget your bills better because the rate you pay is the same every month. Ending your contract early will likely result in an early termination fee (ETF).
  • Variable-rate plans: With a variable-rate plan, your Ohio electricity rate will fluctuate monthly based on the market price of energy. This means your rate can increase during times of high energy demand and decrease when demand is low. Because variable-rate plans don’t require a contract, you won’t incur an ETF if you switch to another plan.
  • Prepaid and no-deposit plans: Some electric companies in Ohio require a deposit to enroll in a plan. If you have a good credit score, they may waive the deposit. To avoid a deposit, consider looking for a no-deposit electricity plan. A common no-deposit option is a prepaid energy plan. These plans allow you to pay upfront for electricity use and refill your account as needed.
  • Renewable energy plans: Green energy plans in Ohio include electricity generated from renewable sources like solar power, wind energy, and hydropower. You can find competitive and affordable green energy plans in Ohio.

Ohio electric suppliers

In deregulated energy markets, utility companies and electric suppliers are separate entities with different responsibilities. It’s important to know who to contact for billing questions or in the event of a power outage.

Energy suppliers in Ohio

An energy supplier is an independent business that sells energy plans to consumers. Electric suppliers handle billing and set electricity rates in Ohio. This includes the price per kWh for electricity or terms for gas. Ohio residents can choose their electricity supplier from a pool of available companies. Some of the best energy suppliers in Ohio include:

Utility providers in Ohio

In deregulated markets, the utility company delivers electricity to your home or business, maintains power lines and energy infrastructure, and restores power during outages. Your utility company is determined by your address, so you cannot change it. Many Ohio utility companies are subsidiaries of four larger national energy companies:

Ohio price to compare

In Ohio’s deregulated market, consumers can receive electricity from either their utility or an independent energy supplier. If they don’t choose a provider, they’ll be automatically enrolled in a default plan and rate with their utility, called the Price to Compare (PTC). The following are PTC electricity rates in Ohio offered by the state’s major utility companies.

Price to ComparePTC Valid ThruChoose Energy
AEP Ohio7.60¢ per kWh12/31/20246.09 ¢ per kWh
AES Ohio8.58¢ per kWh5/31/20255.99 ¢ per kWh
Duke Energy8.18¢ per kWh12/31/20246.29¢ per kWh
OhioEdison8.18¢ per kWh12/31/20245.29 ¢ per kWh
The Illuminating Company8.56¢ per kWh12/31/20245.99 ¢ per kWh
ToledoEdison8.25¢ per kWh12/31/20245.29¢ per kWh

Average electric bill in Ohio

In Ohio, the average residential electricity bill is $138.62 per month. This is calculated by multiplying the average electric rate of 15.86 cents per kWh with the typical energy usage in Ohio, which is 874 kWh per month. Ohio residents currently pay slightly cheaper electric bills than the national average of $149.41 per month.

Understanding deregulation in Ohio

In 2001, Ohio deregulated its energy market to remove energy monopolies and expand competitive energy choices for residents and businesses.

Ohio’s Public Utilities Commission (PUC) monitors regulations and rates to ensure utility services are offered at fair prices to Ohio residents. Before deregulation, energy supply and delivery were combined into one cost. After deregulation, the state’s electric and gas were separated into two different entities.

Ohio electricity consumers can save on their bills by securing a cheap fixed rate during low-demand periods like spring and fall when temperatures are milder. You can enter your ZIP code on Choose Energy’s marketplace to browse for affordable energy plans and rates in Ohio.

Find the right energy plan with Choose Energy

Choose Energy is an independent marketplace that makes it easy for customers in deregulated states to navigate the energy industry. We work with leading electricity suppliers to help you find the best energy rates in Ohio. Here’s how the process works:

  • Enter your ZIP code. Our free marketplace will show you today’s cheapest electric rates in Ohio and help you compare plans in your area.
  • Choose a plan. Once you’ve found a plan you like, you can sign up online or over the phone in just a few minutes.
  • Enjoy your choice. Your new Ohio energy supplier handles the setup with no interruption to your service.

Frequently asked questions about Ohio energy

What is a good price per kWh in Ohio?

Based on the latest data from the Energy Information Administration (EIA), the average residential electricity rate in Ohio is 15.86 cents per kWh. However, you can find cheaper energy prices on the Choose Energy marketplace. Currently, the lowest Ohio energy price on our marketplace is 5.29 cents per kWh, offered by Public Power. Enter your ZIP code to explore current options in your area.

Who is the cheapest energy supplier in Ohio?

Public Power currently offers the cheapest energy rate in Ohio on the Choose Energy marketplace. Energy Harbor and Constellation Energy also offer lower prices than the average electricity rate in Ohio. Rates can change often, so enter your ZIP code to check current Ohio electricity rates and compare suppliers.

How can I lower my electric bill?

To lower your electric bill, consider using energy-efficient appliances, maintaining your HVAC system, unplugging unused devices, and replacing incandescent bulbs with LED lighting. You can also switch to an energy provider with lower electricity rates on the Choose Energy marketplace.

Is a deposit required for my energy plan?

When signing up for energy service, electric suppliers in Ohio may ask for a deposit from customers with low credit scores. If you’d prefer to skip the deposit, consider a no-deposit energy plan. Enter your ZIP code and filter for “all credit approved” options to explore no-deposit plans in your area.

What is a smart meter?

A smart meter is a digital device that tracks and collects data on how much electricity or gas you use in your home. Unlike traditional meters, smart meters send data digitally to your utility company. This allows your utility to remotely read your meter without a physical visit. Smart meters can measure a customer’s energy usage more accurately than traditional meters.

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