Ohio energy suppliers offer a variety of plans with different rates and contract lengths. The best plan for you depends on your individual needs and the specifics of where you live. To see a list of options available for your address, just enter your ZIP code.
Before Ohio became a deregulated state, customers didn’t have a lot of choice about where their electricity came from. Now, the market is more competitive and shopping for an alternative supplier is a simple process. You can shop for a new energy provider and switch in just a few clicks without any interruption in service or the need to sign a new agreement with your utility company. To make the process even easier, the Public Utilities Commission of Ohio has put together a helpful guide to help consumers compare electricity prices and make apples-to-apples comparisons.
The ohio electric rates supply market is largely deregulated, meaning that customers can choose their own supplier for the generation of electricity and gas. However, the utilities still manage transmission and distribution of electricity. There are four main utility companies serving Ohio, and each offers its own Standard Service Offers to consumers in its service area.
Aside from traditional electric and gas providers, you can also find green energy options in Ohio. Some energy companies focus on renewable generation sources like solar and wind power, and they often offer these options at lower rates than other plans.
Another way to save on your energy bill is by choosing a plan through a governmental aggregation program in your community. These groups bring together a group of residents and on their behalf, negotiate with energy suppliers about the terms, conditions and price of their energy supply. The results can be significant, as the cost per kilowatt-hour (kWh) tends to be lower than what you’d pay on your own.
If you choose to go with a supplier on your own or are part of an aggregation, you can shop for a plan by entering your ZIP code and comparing rates. The results will show a list of energy providers with plans that may work for you, including the details and rates for each. If you’re shopping for a fixed plan, be sure to consider other fees, such as taxes and ancillary charges, which can vary.
You can also use Arbor’s free TrueRate Protection service to automatically scan for the best rates in your area. Then, when your contract term is set to expire, Arbor switches you to a new plan with the best rate available in your service territory. This means you never have to worry about overpaying for your energy again. Just enter your zip code and start searching today!