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1. puco.ohio.gov › utilities › electricityHow are electric generation rates set? - Ohio

   puco.ohio.gov › utilities › electricity

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   Beginning in 2001, consumers in Ohio became eligible to choose or “shop” for the generation portion of their bill. Ohio has since established an energy choice program which allows customers to compare current electricity prices among all certified suppliers. Eligible Ohioans who “shop” effectively choose a supplier to provide ...

2. puco.ohio.gov › ratesChanging electricity rates in Ohio

   puco.ohio.gov › rates

   Energy Choice Ohio - Energy Choice Ohio is the PUCO's website where consumers can compare electric or natural gas competitive offers. PUCO encourages consumers to explore energy choice options - The PUCO is encouraging customers of Ohio’s regulated electric utilities to compare competitive offers from retail suppliers ahead of expected price increases to their utility’s default rate.

3. Videos

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     Electric rates going up this June in Northeast Ohio: What you need to know

     Apr 20, 2023

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     What to know ahead of summer electric rate spike in Northeast Ohio

     Apr 19, 2023

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     1:33

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     American Electric Power Ohio (AEP) to raise its electricity rates in June

     May 31, 2023

     648 Views

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4. www.sopec-oh.gov › learning-topics › ptcWhat is the Price-to-Compare/Standard Service Offer?

   www.sopec-oh.gov › learning-topics › ptc

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   • Electric Power Supply Background
   • The “Ptc” Or “Sso” — The Default Supply Offer from The Electric Utility
   • Wrapping Up The PTC

   All electric utility customers receive four types of essential services from their utility company: 1. The first service is the production or “supply” of energy itself. This service is performed by power plants and is often called “generation services” or “energy supply services”. 2. The second service is the delivery of that energy from the produc...

   See full list on sopec-oh.gov

   What if a customer does not enroll with a retail energy supplier/CRES? Well, the customer still requires energy supply services, but those services are instead arranged for and paid for by the utility company through its Standard Service Offer (SSO). The SSO is the default energy supply option provided to customers in Ohio for customers who have no...

   See full list on sopec-oh.gov

   The PTC has some odd features as a supply option. The PTC is slow to react to market changes. That means that sometimes the PTC is higher than the market — other times the PTC is lower. The PTC is also a variable rate, which makes it more challenging to budget years into the future. And the PTC features oddly-timed refunds or surcharges that correc...

   See full list on sopec-oh.gov

   • Author: Mathew Roberts

5. www.daytondailynews.com › local › why-is-electricityOhio electricity rates: Why are electric rates suddenly so high?

   www.daytondailynews.com › local › why-is-electricity

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   Jun 20, 2022 · But for the month of June 2022, at least, it appears that AES Ohio’s generation rate, or its “price to compare” with other companies, is the highest in Ohio at 10.91 cents per kilowatt-hour ...

   • Author: Thomas Gnau

6. energychoice.ohio.gov › ApplesToApplesComparisionEnergy Choice Ohio - Electric

   energychoice.ohio.gov › ApplesToApplesComparision

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   Compare the supplier offers contained in the chart with the "Price to Compare" shown on your electric bill. AEP’s residential “Price to Compare” for the generation supply portion of your bill for the period of October 1, 2024 to December 31, 2024 is $0.0761/kWh.

7. electricityrates.com › ohio › ohio-electric-ratesOhio Electric Rates Forecast - ElectricityRates.com

   electricityrates.com › ohio › ohio-electric-rates

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   Jul 29, 2024 · Future Influences: The Ohio government is focused on infrastructure upgrades and growing renewable energy investments to bring price stability and energy security as demand rises in the coming years. Consumer Tips: Homeowners, business owners, and renters can save on electricity by comparing rates on ElectricityRates.com, using energy-efficient appliances, and exploring renewable energy ...

8. People also ask

   Why do Ohio electricity bills have a price to compare?

   • In Ohio, the Public Utilities Commission of Ohio (PUCO) requires electricity bills to show a “Price to Compare” to help people choose their energy supplier. This helps residents see if switching suppliers could save them money. Ohio electric companies buy energy through auctions to supply customers who haven’t picked a different supplier.

   Ohio Electric Rates Forecast - ElectricityRates.com

   electricityrates.com/ohio/ohio-electric-rates/

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   How did electric utilities buy energy in Ohio in 2022?

   • Electric utilities in Ohio purchased energy for customers on utility supply service through several auctions in 2022, and the purchase price from these auctions was used to determine the Price to Compare from June 2023 through May 2024.

   Why Have Energy Rates Been on the Rise in Ohio

   fox8.com/energize-northeast-ohio/why-have-energy-rates-been-on-the-rise-in-ohio/

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   What can you do about rising electric rates in Ohio?

   • Here is some helpful information in understanding raising electric rates and what options consumers have to combat them. The Public Utilities Commission of Ohio (PUCO) is encouraging customers of Ohio’s regulated electric utilities to compare competitive offers from retail suppliers ahead of expected price increases to their utility’s default rate.

   Changing electricity rates in Ohio

   puco.ohio.gov/rates

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   Why have energy rates risen in Ohio?

   • These factors include volatility in the cost of natural gas, the rising demand for electricity, and shifts in overall consumer behavior. In this article we will explore the reasons why energy rates in Ohio have risen, what to expect with future rate changes, and most importantly what Ohioans can do to save money on their energy bills.

   Why Have Energy Rates Been on the Rise in Ohio

   fox8.com/energize-northeast-ohio/why-have-energy-rates-been-on-the-rise-in-ohio/

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   How competitive is Ohio's electricity market?

   • Heading into 2025, Ohio’s electricity market remains competitive, with numerous suppliers offering a range of plans to suit different needs. In Ohio, the Public Utilities Commission of Ohio (PUCO) requires electricity bills to show a “Price to Compare” to help people choose their energy supplier.

   Ohio Electric Rates Forecast - ElectricityRates.com

   electricityrates.com/ohio/ohio-electric-rates/

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   What is the average electricity rate in Ohio?

   • Ohio’s average residential rate of 8.8 cents per kWh is lower than Michigan, Pennsylvania, and most nearby states. Reasons for these differences include population density, state-specific energy policies, availability of natural resources, and the structure of local electricity markets.

   Ohio Electric Rates Forecast - ElectricityRates.com

   electricityrates.com/ohio/ohio-electric-rates/

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9. fox8.com › energize-northeast-ohio › why-have-energyWhy Have Energy Rates Been on the Rise in Ohio | Fox 8 ...

   fox8.com › energize-northeast-ohio › why-have-energy

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   Oct 3, 2023 · Electric utilities in Ohio purchased energy for customers on utility supply service through several auctions in 2022, and the purchase price from these auctions was used to determine the Price to ...