Ohio Electricity Rates

 When it comes to managing household or business expenses, electricity is a major cost that varies widely by location and provider. If you’re living in the Buckeye State, understanding Ohio electricity rates help you make smarter decisions about your energy provider and usage. With Ohio’s deregulated electricity market, residents have the power to choose their supplier making it essential to compare rates and plans. 


How Ohio’s Deregulated Market Affects You 


Since 2001, Ohio has operated under a deregulated energy market. This means consumers are no longer locked into one utility company for their electricity supply. While local utilities like AEP Ohio, Duke Energy, or FirstEnergy still deliver electricity and maintain power lines, residents can choose from multiple suppliers for the generation portion of their electricity bill. 


This competition creates an opportunity to shop around for better Ohio electricity rates, potentially lowering your monthly bill and even allowing you to choose plans that support green energy. 


Current Ohio Electricity Rates 



As of mid 2025, Ohio electricity rates vary depending on your provider, usage and the plan you select. Here are the general averages: 


  • Residential Rates - Around 12 to 15 cents per kWh.


  • Commercial Rates - Typically 9 to 12 cents per kWh. 


These rates can fluctuate based on market demand, fuel costs, and whether you choose a fixed or variable rate plan. Fixed-rate plans offer price stability, while variable-rate plans can change month to month. 


How To Compare Electricity Rates In Ohio 


To get the best deal, it’s important to compare plans from multiple suppliers. Look at the following: 



  • Price per kWh


  • Contract Length 


  • Cancellation Fees 


  • Renewable Energy Options 


  • Introductory Rates vs Long-Term Rates 


With rising energy costs across the country, now is a great time to review your current electricity plan. Thanks to deregulation, you have the freedom to shop for better Ohio electricity rates that align with your budget and values. Whether you’re looking to save money or support clean energy, a little research can go a long way. Start comparing today and make the switch that benefits both your wallet and the planet. 


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