Toledo Edison Electric Utility in Northwest Ohio

Headquartered in Toledo, Ohio, Toledo Edison provides electricity transmission and distribution to the northwest Ohio region. Toledo Edison is operated by FirstEnergy Corp (NYSE: FE), one of the nation’s largest electricity operators with 6,000,000 customers.

FirstEnergy is headquartered in Akron, Ohio. Consumers in the Toledo Edison area can choose a Certified Retail Electricity Supplier (CRES) for their electricity supply.

Areas Served By Toledo Edison

Toledo Edison serves an area of northwest Ohio along Lake Erie and the Ohio/Michigan border. Cities served include Toledo and surrounding suburbs, Bryan, Archbold, Wauseon, Delta, and Whitehouse.

Toledo Edison Price to Compare

The Toledo Edison price to compare is also called the standard service offer. This is the rate you will pay for electric generation if you do not switch to an alternative electricity supplier. Refer to your most recent Toledo Edison utility bill to confirm your specific price to compare when shopping for an electricity supplier.

Current and Historic Toledo Edison Residential Price to Compare

Effective Date	Price to Compare
October 1, 2024 - December 31, 2024	8.25¢
September 1, 2024 - September 30, 2024	8.44¢
June 1, 2024 - August 31, 2024	9.42¢
April 1, 2024 - May 31, 2024	11.00¢
January 1, 2024 - March 31, 2024	10.45¢
October 1, 2023 - December 31, 2023	9.80¢
September 1, 2023 - September 30, 2023	9.67¢
July 1, 2023 - August 31, 2023	11.33¢
June 1, 2023 - June 30, 2023	12.41¢
April 1, 2023 - May 31, 2023	5.94¢
January 1, 2023 - March 31, 2023	5.44¢
October 1, 2022 - December 31, 2022	5.74¢
September 1, 2022 - September 30, 2022	5.76¢
July 1, 2022 - August 31, 2022	5.76¢
June 1, 2022 - June 30, 2022	6.65¢
May 1, 2022 - May 31, 2022	5.43¢
April 1, 2022 - April 30, 2022	5.43¢
January 1, 2022 - March 31, 2022	5.13¢
September 1, 2021 - December 31, 2021	5.25¢
July 1, 2021 - August 31, 2021	6.22¢
June 1, 2021 - June 30, 2021	6.41¢
April 1, 2021 - May 31, 2021	4.91¢
January 1, 2021 - March 31, 2021	4.88¢

Residential Price to Compare Historic Rate Chart

Remember, the price to compare changes periodically. By locking in a fixed rate with an alternative supplier, you get price protection.

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Toledo Edison History

With roots that to back as early as 1853 to Toledo Gas Light & Coke Co, Toledo Edison’s electricity operations began in 1881 when it incorporated Toledo Brush Electric & Power Co. and brought arc lighting to downtown Toledo. The name Toledo Edison first appeared in 1912 when various rail and electricity predecessors, including Toledo Railways & Light Co, merged.

The company was officially established in 1921. Acquiring the region’s railway and trolley lines allowed Toledo Edison to cover a large area early on and deliver power to more rural regions. The company continued to buy up local utility providers and steadily expanded from the 1920s through the 20th century.

The Acme Power Station generated the majority of Toledo Edison’s power into the 1950s. Illustrating their adaptability, they began generating electricity with nuclear power, culminating in the Davis-Besse Nuclear Power Plant in Oak Harbor in 1977. Toledo Edison (formerly NYSE: TED) was publicly traded until 1986 when it merged with The Illuminating Company to form Centerior Energy. Centerior merged with Ohio Edison in 1997 to form FirstEnergy.

Today, FirstEnergy’s 24,000 miles of transmission lines distribute electricity to customers in Ohio, Pennsylvania, New Jersey, New York, Maryland and West Virginia.

Awards and Recognition

FirstEnergy, Toledo Edison’s parent company, is highly recognized for its service, diversity, and economic development. Recent awards include:

• Forbes 400 Best Big Companies and America’s Best Employers
• Edison Electric Institute: Emergency Assistance Award — 2008-2015 and Outstanding Customer Service — 2014
• Nuclear Energy Institute — Top Industry Practice Award — 2007-2012
• J.D. Power — Top performer in Utility Website Evaluation Study and mobile-optimized website and app

Utility Highlights

In a deregulated electricity plan state like Ohio, having a well-designed and comprehensive bill is important. Toledo Edison provides clear, easy to read billing for their electricity customers that explain, in detail, each charge and what it’s for, from the electricity plan charges to the electricity utility charges. There’s a lot of information on these small bills. Understanding your electric bill is a great tool to get you started saving a bundle.

Some of the most valuable items on a Toledo Edison bill include:

• Your usage history. Perhaps the most important part of the billing, you’ll find it on the lower left of the page. This includes your monthly usage in kilowatt-hours (kWh), broken down by month, as well as a chart of your monthly usage so you can see the months in which you use the most electricity. They also include your average daily use, as well as the average daily temperature for the current month, and the same month a year prior, so you can see the effects of changes you’re making for the better.
• Charges from your alternate supplier. If you’ve chosen an alternate supplier or provider, you’ll see that information near the middle of the right side of the page. The most important part of this section is the rate, since you can use this to compare to find a better plan. If your electricity plan seems unusually expensive, you may want to compare your current rate against other rates on the market to see if you can get a better deal elsewhere.
• Price to compare. You have the right to choose another electricity plan in Ohio, but you can also stay with a local utility. If you choose to stay with your electricity utility, this “price to compare” section on the left of the page shows the price you’ll pay instead of the charge from your current supplier. It’s a useful number to help you see if you’re still really getting a good deal by buying an electricity plan.

Additional Improvements

Toledo Edison continues to think about how it can deliver more reliable and cleaner power to its roughly 315,000 residential and business customers. Initiatives in recent years have included:

• A $76 million investment to update Toledo Ohio’s substations and power lines with automated equipment and technologies. Part of a three-year grid modernization plan, these improvements are intended to prevent and quickly identify power outages and reduce service interruptions.
• Grid improvements and expansion. In the post-World War II years, Toledo, Ohio, updated its grid to accommodate greater power demand from households and businesses. Today, the company recognizes the role a reliable electric grid plays in economic support and expansion and continues to improve its infrastructure to meet its current and projected customer base.
• Customer service remains a priority. In addition to awards, Escalent, a consumer research firm, surveyed Toledo Edison customers in 2021 to assess the company’s response and performance during the COVID-19 pandemic. Overall reviews were positive and earned Toledo Edison a spot on its 2021 Most Trusted Utility Brands list, a ranking of the nation’s 140 largest utility companies based on customer feedback. All customers were asked to grade Toledo Ohio’s community support, response, reliability, environmental initiatives and reputation.

Toledo Edison is an Ohio utility you can trust. Little things like well-designed electricity bills may seem insignificant until you don’t have them available. They want to ensure that its utility customers have all the information they need to make an informed decision about future electricity plans at their fingertips.