Shop Energy Companies in Ohio to Find Your Plan

Researching energy companies in Ohio to find the right supplier does not have to be difficult or confusing. In fact, with the valuable resources available online, more Ohioans across the state are becoming informed energy customers.

 

Ohio residents can shop and compare Ohio electricity rates for their home or business just like any other product or service, but shopping for retail electricity and natural gas from competitive suppliers wasn’t always an option.

 

Following the Energy Policy Act of 1992 that ushered in energy choice, Ohio passed Senate Bill 3 in 1999 to deregulate Ohio’s electricity and natural gas market. This legislation empowered customers across the Buckeye State to shop and compare Certified Retail Electricity Suppliers to find greater control, potential savings, and more sustainable energy options.  

Compare Ohio Electric Rates

Securing a competitive rate for electricity is one of the biggest advantages of energy choice. Customers can compare Ohio electric companies and select the right kind of plan to meet their unique needs.

The Public Utilities Commission of Ohio (PUCO) helps customers through this process by making it easy to compare rates offered by energy suppliers. In Ohio, all utility bills include an apples to apples Price to Compare (PTC) rate -- the cost per kilowatt hour each local electric utility offers for energy supply. The rate is market-based and typically approved by regulators, and since it is calculated by a 12-month estimate, the Price to Compare rate is subject to change each month.

 

While the Price to Compare is helpful to determine whether an offer from an alternative supplier is competitive, it only addresses the supply portion of your energy bill. The cost associated with other components, such as transmission and distribution service and maintenance, are separate.

 

That’s why residential customers in Ohio pay an average of 9.58 cents per kilowatt hour on their electric bills, while the Price to Compare might be closer to 4 or 5 cents per kilowatt hour for the electric supply cost. 

*Rates based on the price-to-compare for residential customers as published by the Public Utilities Commission of Ohio on 1/01/2023 on puco.ohio.gov.

Switching Ohio Electricity Plans

No matter who your electric supplier is, local utility companies remain responsible for service and maintenance of the electricity transmission and distribution infrastructure. All outages and downed power lines should be reported to your local utility immediately.

 

If you plan on moving in the near future, find out which service areas are covered by your supplier. If they offer plans in your new area, they may be able to help transfer service.

Choosing the Right Ohio Electricity Plan for Your Home

There are a variety of factors to consider when shopping for an electricity supplier. Choosing the right plan comes down to what matters most to you as a consumer:

Pricing

Find your Ohio utility company’s Price to Compare to shop for a lower rate. The utilities serving Cleveland differ from those in Columbus, Toledo and Dayton, so be sure you set up an account with your local utility company before shopping suppliers. 

Plan Length

Consider plans up to 36 months for long-term stability and  lock-in competitive rates  for multiple seasons. 

Fixed Rate Plans vs. Variable Rate Plans

Select plans with fixed rates to “set and forget” a rate over multiple seasons, or choose a variable rate plan if you prefer rates that rise and fall with changes in the energy market. 

Clean Ohio Energy

Choose suppliers like Energy Harbor that offer zero carbon options that empower consumers to contribute to a cleaner energy future. Ohio’s Davis Besse and Perry plants help generate the safe, reliable nuclear energy that provides 88% of the state’s emission-free electricity. 

The benefits of choosing Ohio-based Energy Harbor

Based in Akron, Ohio, Energy Harbor is a major employer and contributor to local economies across Ohio.

 

As both an energy generator and retail supplier, Energy Harbor’s supply services are backed by actual power generation capabilities. That means Energy Harbor is able to provide long-term fixed price protection against fluctuating energy prices.

 

As the owner and operator of one of the most reliable and efficient generation fleets in North America, Energy Harbor provides dependable, affordable, carbon-free electricity to Ohio homes and communities.