Energy Harbor, formerly known as FirstEnergy Solutions, has been serving retail electricity customers since 1997. They are a financially secure independent power producer and fully integrated retail energy provider focused on safe and best-in-class operations and financial performance. With its fleet of reliable generating resources, including substantial carbon-free generation, Energy Harbor is well positioned for long-term value creation and competitiveness in a low-carbon future and is focused on enabling a growing customer and stakeholder base to meet their environmental, social and sustainability goals.
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The overall score for Energy Harbor is 3.85. Their best category was Products where they earned a score of 4.33, while their worst rating came in at 1.38 in Community. More detailed information on these ratings is available on our Energy Harbor Rating Detail page.
Energy Harbor earned a Silver Award in our most recent semi-annual rating process with an overall rating of 3.85
OH Energy Ratings's Silver Tier providers are tremendous Ohio gas companies. They all combine great customer service, lots of different plan offerings, and great communication from their companies to their customers and communities. If you select a plan from one of these providers you can be confident that you're selecting a great company with a good track record.
Rating Overall
3.85
Communications
2.71
Market Perception
4.22
Operations
3.56
Products
4.33
What People Are Asking About Energy Harbor
Ohio electricity deregulation, and Retail Electricity Providers can be complicated.
To answer your frequently asked questions about Energy Harbor read on.
Even with an El Nino on the way, Lakewood, Ohio could see an uncertain winter with rising rates. Shop these cheapest fixed rate plans now to save more!
New fall PTC rates have landed in the Lakewood area. That often means higher winter bills due to heating and energy demands. But even with this year's super El Nino, we may see mid-winter cold snaps that raise bills even further. That's why Illuminating Company customers are shopping now to find the best energy prices in town. Let's explore the cheapest fixed rate plans, you can find and lock in, today!
Why Shop Fixed Rate Plans?
On October 1, the Illuminating Company PTC rose to 11.24 cents per kilowatt-hour (kWh). This means paying about $91 per month on energy supply for 816 kWh.
Ohio consumer may also see super El Nino come to town. The good news is that winter may be warmer and wetter than normal. However, late December and early January are usually when severe cold snaps rush down to Ohio.
The current rate lasts only until December 31. At this time, we can't predict where PTC rates will be in the new year. But it suggests that homes on the default rate may need fire up their heat for longer right when rates increase. And that could only make for larger, painful bills.
In addition, FirstEnergy has asked to raise distribution rates starting next year. As you can guess, this could raise bills even higher. For example, Illuminating Company bills could rise by as much as $5.15 per month! So shopping for cheap rates today could lock in savings and help offset any distribution rate hikes that could come next year.
So locking in cheap fixed rates could offset potential rate hikes.
Cheap 12-Month Rates That Beat FirstEnergy
Locking in a 12-month fixed rate in time for November, could give you predictable pricing that lasts until winter of next year.
For example, the Energy Harbor Safe Harbor Value 12 plan charges 11.09 cents per kWh. This means a monthly supply charge of about $90 ($1 less than PTC rates). This brings carbon free energy into your home for slightly less than current PTC prices.
Best Short-Term Lakewood Fixed Rates
A 9-month fixed rate plan locked in for November, would last until September of next year. This means you could shop for a new rate during the fall shoulder-month season.
That's why you might want to check out the Clearview Energy 9 month plans. First, their Clear Guarantee 9 plan charges 10.39 cents per kWh but comes without a monthly charge. This equals an average monthly supply charge of $84 ($7 less than PTC rates). However, if your home uses more than 1500 kWh per month, then you may want to consider the Clearview Energy Clear Guarantee 9 Plus plan. The plan also charges 8.39 cents per kWh with a $19.99 MRC. This equals a monthly supply charge of about $145 (compared to $168 under current PTC rates). The trick here is that the MRC charge is a flat rate. So, if you use more kWh per month, it affects your actual cost per kWh less.
Clearview Energy customers can find even more value with the shopping and dining discounts from their rewards program. However, keep in mind that the plan will renew to a monthly variable rate if you don't switch or cancel at the end of the term length.
Shop Rates That Beat FirstEnergy
Nowadays, winters bring more uncertainty when it comes to your energy bills. That's why it's important to lock in the cheapest fixed rate before the first frost falls. You can always start shopping right here at https://www.ohenergyratings.com. You can also count on us for the tips and news that could affect your bills.
Learn how easy it is to switch to a new Ohio electricity supplier and pay less than the utility's price to compare rate.
Ohio electricity bills are getting more expensive every year. And rates may hike up even higher over the next few years. That's why you should shop for the best electric supplier plans in town. But how do you compare energy provider plans apples to apples? Here are five steps you can take to switch your Ohio electricity supplier.
#1 Understand Switching Costs
Firstly, Customers are not shackled to their utility's Price to Compare rate. Your utility will not charge you for switching to a new Ohio energy supplier as long as you do it only once a year. If circumstances force you to switch more than once, your utility will charge you about $7.50 per switch.
Customers can switch to a new supplier or return to their utility rates at any time. However, some suppliers may charge you an early termination fee to cancel before the contract ends.
#2 Understand Your Ohio Electricity Costs
Basically, it's best to shop or renew plans during the spring (March - May) or fall (September - November) shoulder month seasons. This is when temperatures grow more mild weather and energy demand lowers. As a result, energy rates can dip briefly.
Next, learn what your utility's current PTC rate is and when it's expected to change. Knowing when rates change helps you weigh short and long term costs. For example, AES Ohio charges 10.856 cents per kilowatt-hour (kWh) until May 31, 2027.
Next, find out your average monthly energy usage from your Ohio utility online account or your bill. This way you can estimate a plan's average monthly supply charges by multiplying the rate per kWh by your average usage. For example, an AES Ohio customer using 846 kWh would pay nearly $92 per month (846 kWh * $0.10856 cents).
#3 Compare Ohio Electricity Supplier Rates
Shop OhioEnergyRatings.com and consider what you need in an energy plan. For instance, are you looking for the cheapest rates or clean energy plans. Also keep in mind electric suppliers offering incentives like shopping and dining discounts.
After finding a few plans you like, estimate their average monthly supply charges. Then compare them to your utility's PTC charges. For example, a Loveland customer switching from the Duke Energy PTC rate to the Energy Harbor Safe Harbor Value 12 plan would pay 10.3 cents per kWh. So, their an average monthly supply charge 846 kWh runs about $87. That's $5 less than the Duke Energy PTC rates.
Note: Some plans may charge a monthly recurring charge (MRC). Don't forget to add that on top of the total before you compare it with PTC rates.
#4 Switch Your Ohio Electricity Supplier
When you're ready to switch, lock in your chosen plan through our website. Please note that AEP Ohiocustomers will need to enter their 17-digit service delivery identifier (SDI) number on their AEP Ohio bill to complete the switch.
Next, your new supplier will contact your utility about the switch. The utility will then send you a notice confirming your choice. You have the right to cancel the switch by contacting your utility within 7 business days from the notice's postmark date. If you want to make the switch, you don't have to do anything.
#5 How Long Does the Switch Take?
Generally, the process depends on when the energy supplier contacts your utility. So, it's best to make the switch at least 12 days before your next meter reading date (found on your bill). In this way, the switch should be effective by the next month. But, if you wait until only a few days before your next meter read, the switch might not happen until after the next month.
Is Now Best Time To Shop?
With a constantly changing energy market, shopping Ohio's electricity supplier plans can be confusing. But by following this guide, you should be able more quickly find the best plans and rates in town. Start shopping the best rates right here at https://www.ohenergyratings.com. We're also your best source for news and tips that could affect your bills.