Ohio Electric 2025 Price to Compare Rate Round Up
Posted onCompare Plans With a Cheaper Rate
It's that time of year again when we look at Ohio utility price to compare rates. This is when we take each Ohio utility PTC and compare them Apples to Apples with the best retail energy supplier rate in their area. This way, consumers get a better sense, by and large, of where their bills might heading for the next couple of months. While a few utilities may have lower prices, most electric suppliers are offering plans that come with more than low prices. But what kind of savings could you get and where should you start? With this in mind, let's find out more in our Ohio Electric 2025 PTC rate round up.
Compare Your Utility's PTC Rate
To begin with, it helps to understand what an Ohio utility PTC rate does to the charges for average monthly energy usage. For example, the EIA estimates that most Ohio homes use around 811 kWh per month. Then we compare energy supplier rates to the same energy usage.
Generally, these calculations should give you a good guess on whether or not you can save money by switching to our recommended plans. You can also save time with our handy chart below.
| Utility Company | PTC Rate & Monthly Supply Cost | APG&E True Simple 6 Plan | Constellation 6 Month Home Power Plan |
| AEP Ohio | 7.78 ¢/kWh $63 | 8.48 ¢/kWh $69 | 8.49 ¢/kWh $69 |
| Toledo Edison | 8.04 ¢/kWh $65 | 8.56 ¢/kWh $69 | 8.39 ¢/kWh $68 |
| Duke Energy | 8.18 ¢/kWh $66 | 8.47 ¢/kWh $69 | 8.29 ¢/kWh $67 |
| The Illuminating Company | 7.99 ¢/kWh $65 | 8.62 ¢/kWh $70 | 7.69 ¢/kWh $62 $3 Lower |
| Ohio Edison | 7.99 ¢/kWh $65 | 8.59 ¢/kWh $70 | 7.89 ¢/kWh $64 $1 Lower |
| AES Ohio | 9.17 ¢/kWh $74 | 7.79 ¢/kWh $63 $11 Lower | 8.24 ¢/kWh $67 $7 Lower |
Why PTC Expiration Dates Matter
As can be seen, some homeowners could save money today if they switch to a third party electric supplier. However, the key to comparing PTC rates is to know when those rates expire. All but one of Ohio's utility PTC rates will change at the end of March. The last one, AES Ohio, changes its PTC rate on June 1.
The other key factor to remember is that natural gas prices may rise this summer following the high demand form this winter's extreme cold snaps. Because natural gas fuels most of Ohio's power plants, electricity rates may also rise. As a result, April 1 PTC rates could be a lot higher than what electricity suppliers are offering right now. So ,it's important to keep an eye out for what may be a better deal right now!
Why Choose Third Party Plans?
The APG&E True Simple 6 Plan covers you for 6 months. This means if you lock in for April, then your rate will last through the summer and end right in time for the autumn shoulder month pricing. Also, don't forget that the plan has no early termination fee. This makes it a convenient option, so you can cancel if you have to move later this year. Lastly, keep in mind that the plan renews to a monthly variable rate after the initial term.
The Constellation 6 Month Home Power Plan, also covers you for 6 months. What's more, this company sends out monthly energy usage emails to help you monitor your usage. On top of that, our readers rank Constellation as one of the best overall companies in Ohio. After the initial term, the plan renews into a new fixed-rate product unless you cancel.
Get a Rate That Beats the Price to Compare
Milder spring temperatures are right around the corner and generally, that means less energy demand and lower prices. These "shoulder months" tend to be when prices are at their best. So if you can lock in early, you may be able to save if rates rise this summer.
Finally, remember you can start your shopping right here at https://www.ohenergyratings.com. We'll also keep you up to date with news and tips that could lower your bills.