Compare Ohio electricity rates and plans (March 2025)

What to know about electricity rates in Ohio

• The average Ohio electricity rate is 16.67 cents per kWh while the average national rate is 16.06 cents
• The cheapest electricity rate is 7.85 cents per kWh for Ohio residents
• Ohio's deregulated electricity market includes 170 providers

Best Ohio electricity rates

Ohio electricity rates range from 7.85 cents to 21.27 cents per kWh. The rates you find vary depending on the providers and plans available to you, and comparing companies is the best way to find better rates. Below are some rates from popular electric companies in Ohio.

Because Ohio has a deregulated electricity market, you have the flexibility to shop around for a cheaper electricity bill. Many states don't offer this choice. If you're looking to reduce your energy bill, consider switching to a different provider or plan. Ohio electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.

Average cost of electricity in Ohio

According to our data, the average electricity rate in Ohio is 16.67 cents per kWh. This equates to an average residential bill of $144.68 per month. The national average rate is 16.06 cents per kWh, and Ohio ranks as the 36th lowest priced state in the nation.

Since the average price is 16.67 cents per kWh or $144.68 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Ohio depend on your home size and usage, so the kWh rate is more useful when comparing your rate to the average.

Best electricity plans

In Ohio, the best electricity plans provide competitive rates, renewable energy options, and fixed or variable pricing. Top providers offer reliability, transparency, and customer incentives so you can save money and enjoy responsive support.

We've analyzed the prices, terms, and conditions of popular Ohio electricity plans. Below are our picks for the best residential plans in the state.

Provider	Contract Term	Rate	Plan
	18 months	6.49¢/kWh	See Plan
	18 months	6.59¢/kWh	See Plan
	24 months	6.59¢/kWh	See Plan
	24 months	6.69¢/kWh	See Plan
	6 months	6.79¢/kWh	See Plan
	18 months	6.79¢/kWh	See Plan
	36 months	6.79¢/kWh	See Plan
	24 months	6.89¢/kWh	See Plan
	36 months	6.89¢/kWh	See Plan
	9 months	6.99¢/kWh	See Plan
	36 months	7.09¢/kWh	See Plan
	18 months	7.89¢/kWh	See Plan
	18 months	7.99¢/kWh	See Plan
	36 months	8.19¢/kWh	See Plan
	18 months	8.49¢/kWh	See Plan
	36 months	8.49¢/kWh	See Plan
	36 months	9.19¢/kWh	See Plan
	36 months	9.39¢/kWh	See Plan
	24 months	9.49¢/kWh	See Plan
	36 months	9.49¢/kWh	See Plan
	36 months	9.59¢/kWh	See Plan
	24 months	9.69¢/kWh	See Plan
	24 months	9.79¢/kWh	See Plan
	24 months	9.89¢/kWh	See Plan
	36 months	10.69¢/kWh	See Plan
	36 months	10.89¢/kWh	See Plan
	24 months	10.99¢/kWh	See Plan
	36 months	10.99¢/kWh	See Plan
	36 months	11.09¢/kWh	See Plan
	24 months	11.19¢/kWh	See Plan
	24 months	11.29¢/kWh	See Plan
	24 months	11.39¢/kWh	See Plan
	18 months	$4.79/kWh	See Plan
	36 months	$4.99/kWh	See Plan
	18 months	59.9¢/kWh	See Plan
	18 months	61.9¢/kWh	See Plan
	36 months	62.4¢/kWh	See Plan
	36 months	66.9¢/kWh	See Plan
	18 months	67.9¢/kWh	See Plan
	36 months	$6.79/kWh	See Plan
	36 months	80.9¢/kWh	See Plan
	36 months	$8.19/kWh	See Plan
	36 months	83.9¢/kWh	See Plan
	24 months	90.9¢/kWh	See Plan
	24 months	$9.19/kWh	See Plan
	36 months	93.9¢/kWh	See Plan
	36 months	94.9¢/kWh	See Plan
	24 months	97.9¢/kWh	See Plan
	36 months	97.9¢/kWh	See Plan
	24 months	$10.40/kWh	See Plan
	24 months	$1.06/kWh	See Plan
	24 months	$1.13/kWh	See Plan
	24 months	$1.21/kWh	See Plan
See All Plans

Compare Ohio electricity providers

There are 168 electricity providers in Ohio. While some providers only serve specific areas, you have multiple options for electricity wherever you are. Different providers can offer different specials, plan types, and sales throughout the year. However, always read the fine print of the energy plans you consider to avoid hidden penalties.

Business electricity rates in Ohio

Commercial rates are typically cheaper than residential rates in Ohio because businesses consume much more energy than homes on average. Businesses basically get a volume discount on electricity since they use so much. Our data shows the average business in Ohio pays 15.31 cents per kWh for electricity and has an average bill of $40,794 per month.

Finding ways to reduce overhead costs is essential as a business owner. You have the opportunity to do that in a deregulated electricity market. Even reducing your electricity by one or two cents per kWh can make a huge difference when you have a high monthly bill. Compare commercial electricity rates to find the plan that makes the most sense for your business.

Best commercial electricity plans

Below are the top commercial electricity plans in Ohio.

Provider	Contract Term	Rate	Plan
	3 months	4.590¢/kWh	See Plan
	2 months	4.641¢/kWh	See Plan
	3 months	4.724¢/kWh	See Plan
	3 months	4.733¢/kWh	See Plan
	4 months	4.740¢/kWh	See Plan
	3 months	4.747¢/kWh	See Plan
	2 months	4.784¢/kWh	See Plan
	1 months	4.798¢/kWh	See Plan
	2 months	4.807¢/kWh	See Plan
	2 months	4.811¢/kWh	See Plan
	4 months	4.879¢/kWh	See Plan
	4 months	4.895¢/kWh	See Plan
	4 months	4.917¢/kWh	See Plan
	3 months	4.925¢/kWh	See Plan
	1 months	4.974¢/kWh	See Plan
	1 months	4.982¢/kWh	See Plan
	1 months	4.997¢/kWh	See Plan
	1 months	5.002¢/kWh	See Plan
	2 months	5.004¢/kWh	See Plan
	3 months	5.023¢/kWh	See Plan
	3 months	5.035¢/kWh	See Plan
	3 months	5.044¢/kWh	See Plan
	4 months	5.052¢/kWh	See Plan
	2 months	5.053¢/kWh	See Plan
	3 months	5.085¢/kWh	See Plan
	3 months	5.102¢/kWh	See Plan
	2 months	5.114¢/kWh	See Plan
	2 months	5.116¢/kWh	See Plan
	5 months	5.125¢/kWh	See Plan
	2 months	5.126¢/kWh	See Plan
	1 months	5.133¢/kWh	See Plan
	2 months	5.135¢/kWh	See Plan
	2 months	5.136¢/kWh	See Plan
	4 months	5.137¢/kWh	See Plan
	4 months	5.144¢/kWh	See Plan
	1 months	5.170¢/kWh	See Plan
	4 months	5.187¢/kWh	See Plan
	3 months	5.188¢/kWh	See Plan
	2 months	5.199¢/kWh	See Plan
	3 months	5.212¢/kWh	See Plan
	4 months	5.227¢/kWh	See Plan
	3 months	5.228¢/kWh	See Plan
	4 months	5.239¢/kWh	See Plan
	5 months	5.286¢/kWh	See Plan
	2 months	5.296¢/kWh	See Plan
	5 months	5.302¢/kWh	See Plan
	1 months	5.303¢/kWh	See Plan
	4 months	5.305¢/kWh	See Plan
	1 months	5.309¢/kWh	See Plan
	5 months	5.325¢/kWh	See Plan
	1 months	5.329¢/kWh	See Plan
	1 months	5.368¢/kWh	See Plan
	5 months	5.424¢/kWh	See Plan
	1 months	5.434¢/kWh	See Plan
	15 months	5.474¢/kWh	See Plan
	10 months	5.475¢/kWh	See Plan
	16 months	5.479¢/kWh	See Plan
	11 months	5.485¢/kWh	See Plan
	5 months	5.502¢/kWh	See Plan
	14 months	5.504¢/kWh	See Plan
	5 months	5.517¢/kWh	See Plan
	4 months	5.525¢/kWh	See Plan
	9 months	5.526¢/kWh	See Plan
	12 months	5.532¢/kWh	See Plan
	13 months	5.534¢/kWh	See Plan
	1 months	5.535¢/kWh	See Plan
	6 months	5.537¢/kWh	See Plan
	17 months	5.547¢/kWh	See Plan
	4 months	5.565¢/kWh	See Plan
	5 months	5.573¢/kWh	See Plan
	16 months	5.585¢/kWh	See Plan
	15 months	5.591¢/kWh	See Plan
	8 months	5.599¢/kWh	See Plan
	15 months	5.613¢/kWh	See Plan
	16 months	5.613¢/kWh	See Plan
	5 months	5.618¢/kWh	See Plan
	10 months	5.624¢/kWh	See Plan
	11 months	5.627¢/kWh	See Plan
	14 months	5.633¢/kWh	See Plan
	15 months	5.635¢/kWh	See Plan
	16 months	5.635¢/kWh	See Plan
	17 months	5.645¢/kWh	See Plan
	5 months	5.651¢/kWh	See Plan
	18 months	5.655¢/kWh	See Plan
	7 months	5.657¢/kWh	See Plan
	14 months	5.657¢/kWh	See Plan
	11 months	5.661¢/kWh	See Plan
	22 months	5.661¢/kWh	See Plan
	5 months	5.664¢/kWh	See Plan
	10 months	5.664¢/kWh	See Plan
	13 months	5.670¢/kWh	See Plan
	12 months	5.675¢/kWh	See Plan
	23 months	5.675¢/kWh	See Plan
	21 months	5.678¢/kWh	See Plan
	14 months	5.679¢/kWh	See Plan
	17 months	5.679¢/kWh	See Plan
	12 months	5.680¢/kWh	See Plan
	9 months	5.682¢/kWh	See Plan
	11 months	5.683¢/kWh	See Plan
	10 months	5.687¢/kWh	See Plan
See All Plans

How to switch Ohio electricity companies

While Ohio's deregulated electricity market offers considerable flexibility in choosing your power provider, understanding the switching process guarantees you'll make an informed decision that benefits your household.

To switch providers effectively:

• Review your current "Price to Compare" on your utility bill
• Visit PUCO's Apples to Apples chart to compare supplier rates and terms
• Contact your chosen supplier to verify the terms and conditions
• Allow the new supplier to handle enrollment with your utility company

You'll maintain continuous service throughout the conversion, and your utility company will still handle delivery and billing.

When is the best time to switch energy providers in Ohio?

Switching providers at the right time can help you save more money on your energy bill.

Monitor these key timing indicators:

• Switch before summer to avoid peak demand rates
• When supplier rates fall below your utility's "Price to Compare"
• Before announced rate hikes, particularly FirstEnergy's June increases
• During periods of lower auction rates

To maximize your savings, consider switching when:

• Multiple suppliers are offering competitive fixed-rate plans
• Renewable energy investments are driving stable rates
• Infrastructure upgrades are completed in your area
• Time-varying rate plans align with your usage patterns

How deregulated electricity works in Ohio

Three key components form the foundation of Ohio's deregulated electricity market: generation, transmission, and distribution.

This system operates under the PJM Interconnection wholesale market, where power plants compete to sell electricity.

In this deregulated environment, you're free to choose between Competitive Retail Electricity Service (CRES) providers or Standard Service Offer (SSO) providers for your electricity supply.

The market uses locational marginal pricing to manage transmission congestion and encourage infrastructure development.

While studies show mixed results, deregulation has helped Ohio outperform regulated Midwest states in controlling electricity costs, though utilities can still pass certain non-regulated costs to customers.

Types of electricity plans in Ohio

Ohio residents can choose from several distinct electricity plan types, each offering unique advantages and potential trade-offs for consumers' specific needs.

• Fixed-Rate Plans: Lock in a single per-kWh rate for 3-36 months, providing predictable bills but potentially higher costs if market prices drop.
• Variable-Rate Plans: Offer flexibility with no contracts but expose you to market price fluctuations.
• No-Deposit and Prepaid Plans: Eliminate upfront deposits and allow precise budgeting, though rates tend to be higher.
• Renewable Energy Plans: Support green initiatives through wind and solar power, typically at premium rates.

Compare Ohio electricity rates

Compare Ohio electricity rates to save money and avoid overpaying in the deregulated market. Your bill can vary greatly depending on the provider and plan structure. Take the time to read the fine print and do the math to figure out which is your best option.

Ohio electricity rate FAQs