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Compare electricity rates in Toledo

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Toledo energy rates

Nestled along the coastline of Lake Erie, Toledo is a city in northwest Ohio with a population of around 277,000. The city is full of natural scenery and cultural attractions, including the Toledo Museum of Art, the National Museum of the Great Lakes, and the Glass Pavilion. Toledo is part of the deregulated Ohio energy market, giving its residents the freedom to choose their own electricity provider. 

If you live in Toledo, you can use an online marketplace like Choose Energy to find the best electricity plans for your household energy needs. 

Ready to find the best Toledo electricity rates? Enter your ZIP code at the beginning of this page to get started.

Toledo energy deregulation

Energy choice came into effect in Ohio in 2001 as a result of Senate Bill 3. Prior to that point, electric customers in the Buckeye State weren’t able to shop around for energy plans. Instead, they had to purchase electricity from their local utility company. 

Because of deregulation, Ohio residents and business owners can benefit from lower electricity rates. Energy suppliers are eager to earn consumers’ business, so they compete with one another to offer the best electricity rates in Toledo.

If you’re ready to explore electricity plans or switch your plan, it’s a good idea to use an online marketplace like Choose Energy to simplify the process. Our site provides a simple and seamless experience where you can compare electric rates in Toledo and lock in a great rate.

At Choose Energy, we understand that energy plan structures and terminology can be confusing. To help you better understand the deregulated market, we’ve created a number of educational articles and guides, including: 


Toledo Utility Companies & Energy Providers

As we’ve shared, energy customers in deregulated areas (like Toledo) have their choice of electricity suppliers. These are the companies that determine Toledo electricity rates and sell plans to consumers. 

However, suppliers don’t deliver electricity to your home. Instead, these duties fall to utility companies, which are assigned based on where you live. In Toledo, your utility company is Toledo Edison. You should report any power outages or downed power lines to this company (and not your electricity provider). 

If you’re in search of a new plan, there are plenty of Toledo electricity providers to choose from, including Constellation Energy. Enter your ZIP code to see the current rates in your area.

Toledo renewable energy

These days, many people are evaluating ways to reduce their carbon footprint. As a result, some energy consumers are opting for green electricity plans instead of traditional plans. 

In Ohio, renewable energy sources represent a small (but growing) percentage of overall electricity production, with renewable resources accounting for 3% of the Buckeye State’s total electricity generation in 2019. 

If you’re thinking about going green in Toledo, check out the 12-Month Green Home Power Plan from Constellation Energy. Submit your ZIP code at the top of the page to find more details and sign up for this plan. 

Toledo electric rates in my area

When you’re navigating the deregulated market for the first time, you might find yourself thinking: “what’s the best electric company near me?” It depends on your personal circumstances, but with Choose Energy, you can narrow down your search and find the Toledo electricity providers that fit your needs. 

Get started by submitting your ZIP code at the top of this page. From there, you’ll see the available plans for your home. You can sort through the results and then sign up for the plan that’s right for you. Our site also features detailed information about electricity providers, utilities, plan types, and more.

As you browse and compare rates, make sure that you’re viewing electricity plans in your area. Prices may vary from region to region since utility transmission charges aren’t all the same. So even if you have the same plan as your friend in another part of Ohio, you could likely end up paying a different rate.

Enter your ZIP code on to get started. 


Toledo energy for business

Business owners can also benefit from the deregulated market and cheap electricity in Toledo. Our team can help you build a custom business energy plan for your venture. To learn more, contact a business energy expert at Choose Energy today by calling 844-288-0613 or via our online form.