As responsible consumers, we diligently compare prices and search for the best deals on everything from groceries to gadgets. However, one area where many still overlook the potential for substantial savings is their electricity bill. In Ohio, the power to choose your electricity supplier presents an unparalleled opportunity to not only take control of your energy costs but also to unlock a brighter financial future. Let’s delve into why comparing and selecting the cheapest electricity supplier in Ohio is a game-changer.
The largest benefit of comparing electricity suppliers is simple – saving money. Traditional utility companies in Ohio, such as AEP Ohio, Dayton Power and Light (DP&L), Duke Energy Ohio, FirstEnergy Ohio, and more, might provide adequate service, but they often lack the competitive rates that alternative suppliers can offer. By comparing different suppliers’ rates, you can identify the cheapest option that aligns with your electricity needs. Imagine cutting a significant portion off your monthly electricity bill – those savings add up quickly and can be allocated towards other essential expenses or put into savings for future goals.
Electricity rates can be unpredictable, subject to market fluctuations and changing demand. Opting for a cheap, fixed-rate plan from an alternative supplier provides a shield against these unpredictable price swings. With a fixed-rate plan, you lock in a set rate for the duration of your contract, ensuring you won’t be caught off guard by sudden rate increases. This stability grants you peace of mind, knowing exactly what to expect when your electricity bill arrives.
To begin saving, simply input your Ohio zip code into the search box. Click ‘compare rates’ to see what suppliers and fixed-rate plans are available for your home or business. Select your plan, enter your details, and that’s it! We handle the entire switching process – all at no cost to you. We will contact both your old and new providers, and make the switch as painless as possible. Our goal is to have everything sorted out by your next billing cycle.
Duke Energy Service Area
AEP – Ohio Power Service Area
AEP – Columbus Southern Service Area
Dayton Power Service Area
The Illuminating Company
Duke Energy Service Area
Vectren Energy Service Area
Columbia Gas of Ohio Service Area
Dominion Energy Service Area
Many Ohio residents and business owners have no idea they can search, compare, and switch their energy provider.
Millions of property owners throughout the state have made the switch to save over 20% on their energy bill. But it’s reported that half of Ohio still doesn’t know they have access to a deregulated energy market and that they may be overpaying for their electricity and gas.
Deregulation simply means that business and resident owners can choose their energy supplier. It also means that suppliers have to compete for your business.
Because of this, deregulated energy markets offer more perks like longer contract terms, lower prices, renewable energy options, or reward programs.
This doesn’t mean you don’t have a local utility company. You do. They’re in charge of managing lines, reading your meter, and many will still send customers a comprehensive bill every month.
They’re just not your electric or natural gas provider. Your supplier works with your local Ohio utility company to set the predetermined package you select for your property.
Prior to 1999, eight companies controlled 90% of Ohio’s energy market. But for the past twenty years, the Public Utilities Commission of Ohio, or PUCO, has been working on behalf of its people to give residents and business owners a choice.
PUCO received the necessary boost in power in 1999, with Senate Bill 3. This bill began to place much needed regulations on these major providers and allowed the consumer to have more agency in their consumption of natural resources. Ultimately, this led to the 2001 deregulation of Ohio energy.
Bills continued to pass through 2008 with Senate Bill 221 and the requirement of Standard Service Offers among utility companies.
In the Ohio energy industry’s current state, these bills are aimed at continuing to deregulate the industry and to protect and empower residents.
For those living in a deregulated part of Ohio, you’re able to have a choice as to who supplies your electricity or gas.
You’re not obligated to buy a new energy plan, and your local utility service will still offer energy to your home or business at their standard rate.
Default rates from local utilities are often more expensive than the ones available from deregulated providers. This is simply because the deregulated rates you find on Powersetter are often exclusive to us and are lower than the default rates offered by your local energy company.
Deregulated electricity or gas plans aren’t available to all Ohio residents. If you’re interested in seeing if you have the option to switch, enter your zip code into our plan finder to see what is available in your area.
Deregulation can feel complicated, especially when trying to understand who provides your natural gas and electricity services. Our mission is to make everything clear for Ohio homeowners so you’re more aware of your options and affordable plans.
Twenty years ago, power was controlled by four major corporations, but today Energy Choice Ohio is the supplier of Ohio’s energy.
Ohio residents now have an abundance of choices when it comes to their energy supplier. However, local utility companies still manage the facilities, so if there is an emergency or power outage, remember to contact you local utility company – not your supplier.
Welcome! You’ve moved to a state that values your choice to pick where your energy comes from.
There are many energy providers in Ohio that are offering competitive natural gas and electricity rates, fixed contracts, and green energy options. You can still search, compare, and switch even if you’ve set your energy supply with your local utility company.
Begin by entering your zip code into our comparison tool. Then review and sign up for the best option for you.
Did you know that many Ohio partners can offer between 25%-100% energy from green sources? You may even find that your supplier gives you the option to buy renewable energy certificates that may help reduce your carbon footprint.
In Ohio there are many green initiatives, and the state is strengthening its efforts to do better.
Currently, renewable energy is offered via the use of wind power, community solar panels, and zero-down efficient products as part of a pay-as-you-save plan.
Wind Power – The 50% Wind Energy plan is simple to use, free to register, and environmentally conscious.
Solar Panels – Rather than installing a personal solar panel on your property, Ohio residents can opt for a community solar-savings program. This is especially beneficial for renters who are unable to install solar panels, or homeowners who simply don’t have the time or money, but still want to be environmentally friendly.
Pay-As-You-Save – LED bulbs and Wiser Air Smart Thermostats are just some of the products offered with this zero-down efficient plan.
Fixed-Rate Plan – Fixed-rate plans promise stability with consistent monthly rates. Regardless of the market, your rate stays the same. The length of your term can start at six months and last for up to three years, depending on your preference.
Green/Renewable Energy Plan – Ohio residents who want to reduce their impact on the environment can opt in to this power-saving plan. They can also customize just how much of their power comes from renewable sources, with the option of up to 100%.
© PowerSetter.com. All rights reserved.
Green energy choices available