Ohio Electric Rates
At Quick Electricity, you can instantly compare Ohio electricity rates, choose a provider and get a great deal on home energy. As of 2021, a kWh in Ohio cost about 11.80¢. That’s below the national average electric rate at 12.80¢.
Energy Deregulation in Ohio
Before energy deregulation was implemented in the state, Ohio residents got their electricity and gas from the state’s Investor-Owned Utilities (IOU). In fact, at the time the four biggest companies: AEP Ohio, Dayton Power & Light, Duke Energy and First Energy were the ones controlling the generation of power in the state.
But this all changed thanks to Senate Bill 3 which was introduced in 1999. The bill was designed to give the consumers a choice on which company will provide their homes and businesses with gas and electricity.
In 2001, the bill was turned into law and it required energy providers to give a 5 percent residential rate reduction. The law also implemented a price freeze on power until 2005. This was decided so that the market can be given ample time to grow.
Today, residents of Ohio can now freely choose to get their energy from certified retailers instead of automatically getting the power from the utility company in their area.
Quick Facts about Energy in Ohio
- An abundance of coal. 80 percent of Ohio’s energy comes from coal. The remaining percent comes from the state’s two nuclear power plants.
- No cap on greenhouse gas. Unlike other states with deregulated energy laws, Ohio does not require their residents to help in capping greenhouse gas.
- MRGGRA Observer. Although not an official member, Ohio is an observer of the Midwestern Regional Greenhouse Gas Reduction Accord. The Accord is made up of six American governors together with a Canadian Premier; and their main goal is to enact a cap-and-trade scheme by lowering carbon fuel standards. As an observer, Ohio is not bound to the same agreements as the actual members.
- No renewable fuel in gasoline. The state of Ohio does not require their gasoline to be mixed with renewable fuel. But they do require the use of reformulated gasoline for the residents of the Cincinnati metropolitan area.
- No Appliance efficiency standard. Ohio does not implement an appliance efficiency standard for businesses. In other states, this standard is implemented to ensure that the appliances used like freezers in establishments do not waste energy.
Electric Suppliers in Ohio
There are a total of five energy distributors in the state of Ohio. Each is assigned to a certain area in the state and these are:
First Energy Ohio
First Energy Ohio has more than 1.8 million customers and are responsible for the energy supply of Northern and Central Ohio.
Address: 76 S Main St, Akron, OH 44308
Contact: (800) 633-4766
American Electric Power Ohio
AEP Ohio or American Electric Power serves more than 1.5 million people in Ohio and it continues to grow.
Address: 1150 Eastern Ave, Chillicothe, OH 45601
Contact: (800) 277-2177
Columbia Gas of Ohio
Columbia Gas of Ohio offers their services from side to side, namely from the Eastern side of Ohio all the way to the Western side including Trumbull County and portions of Scioto County.
Address: 290 W Nationwide Blvd, Columbus, OH 43215
Contact: (800) 344-4077
Duke Energy is a company that provides gas and electricity service to Ohio residents living in the most southwestern portions of Ohio.
Address: 11021 Brower Rd, North Bend, OH 45052
Contact: (800) 543-5599
Dayton Power and Light
Dayton Power and Light is responsible in generating and delivering power to over 500,000 customers in the southwestern part of Ohio.
Address: 745 US-52, Aberdeen, OH 45101
Contact: (937) 549-2641