The state of Ohio has an energy market that is not regulated, which means you can choose your electricity provider. It is much easier for customers to find a great price and avoid paying expensive prices. There are a variety of providers in the Toledo Edison area, and we can help you find the best plan for your budget.
Apples to Apples Ohio
Apples to Apples, the official energy shopping site run by the Public Utilities Commission of Ohio (PUCO) allows customers to compare electricity prices across a variety of providers. It also offers features that will assist you in making an informed decision regarding your electric plan.
Switching suppliers is simple and quick. Simply enter your zip code to find an energy provider that can provide you with a competitive rate. You can also evaluate electricity prices from a variety of suppliers simultaneously.
It is essential to make the right decision when it comes to your energy provider. This can be a major influence on your monthly bills. This is why we suggest using our free tool to help you choose which provider is best for you.
There are no sign-up costs No sign-up fees! Our service is completely free. Businesses and residents in the toledo edison service area can select from a range of electricity plans.
Toledo Edison rates can be a bit higher than you’d think, especially if you’re on an automatic rate. Customers who are on that rate will experience an increase of four and a half to five cents per kilowatt hour in June according to Matt Schilling, director of public affairs at the Public Utilities Commission of Ohio.
This is due to the utility aggregating their power supply to purchase from other companies. In some cases, that could mean you need to pay an opt-out fee if you do not want to be part of that aggregation.
AEP Energy is a state-certified retailer of electricity (CRES), serves commercial, industrial and residential customers in Ohio. Its prices for electricity are usually lower than other suppliers, and it also offers several plans that are suited to your needs and budget.
Fixed energy rates are a great option for those who wish to know precisely what they’ll pay each month and don’t want to worry about fluctuations in the market. Fixed-rate plans are available for either six, 12 or 24 months. They can help you save money over time on your electricity bill.
Your electricity bill contains various charges that cover your electricity supply and distribution. You’ll find the cost for electricity supply and the distribution charges that go to Toledo Edison for delivering the electricity across their local grid to your home.
The PUCO approved residential price to compare for generation is $.054353/kWh from January 1, 2023 to March 31st, 2023. However, this is only a temporary rate, and it can change. This is why it’s advisable to lock in the fixed rate with a different electricity provider if you don’t want to lose your current low rate.