Electric utility company in Ohio
Toledo Edison is a utility company that delivers electricity to consumers in northwest Ohio, along Lake Erie and the Ohio/Michigan border. The company distributes power to more than 300,000 customers in the area. Founded in 1901, Toledo Edison is owned by FirstEnergy and serves the cities of Toledo, Whitehouse, Delta, Wauseon, Archbold, and Bryan.
Electricity deregulation removes the rules and regulations that restrict companies from selling energy in a certain market. Before deregulation, the utility was your only option for buying electricity – now you choose among your utility and other suppliers.
In essence, deregulation means that several companies are competing for business and customers have the power to choose their preferred energy supplier. To find the best deals on power, retail customers have to shop around and compare the rates offered by different electric companies.
Apart from giving consumers the power to choose, a deregulated market also allows you to switch energy providers. You can switch to a different energy supplier when you are not happy with your current provider, want a renewable energy plan, or would like to take control of your energy bill. (One warning: If you are still under contract with one provider, you could face an early termination fee for switching before that contract ends.) When choosing an energy plan, you should consider the types of plans available, rate structure, length of the contract, payment options, and renewable energy.
Apart from picking the right energy plan for your needs, you may also want to find ways to try reducing your electricity bills. Comparing Toledo Edison’s electric rates will go a long way in helping you make an informed decision.
Simply put, the price to compare is the price per kilowatt-hour (kWh) that your utility company charges you for power. Knowing your price to compare helps you decide if you will save money when you choose a different supplier. The Toledo Edison electricity supply rate per kWh is 5.437 cents. To see if you can beat Toledo Edison’s rate, simply enter your ZIP code.
Both can sell you electricity. But the utility companies deliver power to your home and is responsible for repairing an maintaining the infrastructure. That’s who you call when you have a power outage. One other difference is that you cannot choose the utility company that connects electricity to your home.
If you live in the Toledo Edison service area, you can choose any of the energy suppliers that operate in northwest Ohio. You can enter your ZIP code on our Choose Energy website to see what is available. Among providers available there are Constellation Energy and Direct Energy. Once you have chosen your preferred energy supplier, you will have to sign up for a plan.
To report outages, find out more about your transmission rates, or ask questions about your bill, you should directly contact Toledo Edison.