Shop Best Ohio Electric Rates
When the holidays are right around the corner, it’s easy to forget about electricity rates. But staying warm in bitter winters makes it the most expensive time of the year. That means if you don’t shop now, you could be throwing good money down the drain. But you could save big well into the new year, if you take a moment to compare Ohio’s best energy plans. Let’s round up Ohio Price to Compare rates and see how much we could save.
Check Ohio Price to Compare Rates
First, make sure you double check PTC rates before you shop for the best overall plans in town. Then we’ll compare this rate to your average monthly energy usage. EIA estimates suggests that this is around 811 kWh of energy per month for most Ohio homes. Finally, we compare these estimates to energy supplier rates.
In the chart below, we’ve compared two of our recommended plans to all of Ohio’s PTC rates. You’ll see the rate as well as the average monthly supply cost.
| Utility Company | PTC Rate & Monthly Supply Cost | APG&E True Simple 6 Plan | Public Power Electric 12 Month Fixed Rate w/MRC |
| AEP Ohio | 7.61 ¢/kWh $62 | 6.46 ¢/kWh; $52 $10 lower | 6.59¢/kWh; $53 $9 lower |
| Toledo Edison | 8.25 ¢/kWh $67 | 6.61 ¢/kWh; $53 $14 lower | 6.59¢/kWh; $53 $14 lower |
| Duke Energy | 8.18 ¢/kWh $66 | 6.67 ¢/kWh; $54 $12 lower | 6.69¢/kWh; $54 $12 lower |
| The Illuminating Company | 8.56 ¢/kWh $70 | 6.70 ¢/kWh; $54 $16 lower | 5.69 ¢/kWh; $46 $24 lower |
| Ohio Edison | 8.18 ¢/kWh $66 | 6.61 ¢/kWh; $53 $13 lower | 5.69 ¢/kWh; $46 $20 lower |
| AES Ohio | 8.58 ¢/kWh $70 | 6.61 ¢/kWh; $53 $17 lower | 6.39¢/kWh; $51 $19 lower |
As you can see, going with a third party energy rate makes sense and saves cents! Keep in mind that most utility PTC rates will change in January. Meanwhile, those AES Ohio PTC rates expire on May 31, 2025. So, while it’s unclear where PTC rates will land, winter heating demand tends to lead to price hikes. And let’s not forget that some utilities are hiking up distribution rates. So locking in today, could save you big in the future. Let’s look at the two cheapest plans on offer.
Plans Beating Ohio Utilities’ Price to Compare
The APG&E True Simple 6 Plan covers you for 6 months. This makes it ideal for families that are planning to move sometime in the summer. In addition, the plan has no early termination fee. This means you won’t have to pay any extra cash if you have to move suddenly. Best of all, the plan ends just in time to those low late spring rates!
The Electric 12 Month Fixed Rate WITH MRC from Public Power, on the other hand, lasts for 12 months. This makes it the perfect way to lock in savings if you have don’t want to shop more than once a year. Best of all, this plan doesn’t charge an early termination fee. So if you suddenly have to move, you can cancel the plan cost-free!
Lock In Ohio Electric Savings
Most PTC rates will change in time for the new year. But this is also when winter heating demand rises. As a result, natural gas prices are expected to rise. However, you could protect your wallet if you shop for the cheapest rates in town. Therefore, you should shop today right here at https://www.ohenergyratings.com. You can also count on us for the news and tips that could affect your bills.