Ohio

Ohio Electric Rates Increase June 2025 – Here’s Why & What to Do About It

In Ohio, you not only pay for electricity and delivery, you also pay for “capacity” as part of your electricity generation charges.

In June 2024, the PJM Interconnection, which manages the electric grid for Ohio, held a capacity auction that resulted in pricing 833% higher than the prior year.

The capacity cost increase in Ohio means residential customers will see a 10-15% increase in their bills for June 2025 – May 2026, or around 2 cents per kWh. Businesses can expect an increase of up to 29%.

Here’s the background, and what you can do to keep your bills under control.

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Cheapest Electricity Rates in Ohio (April 2025)

The cheapest electricity companies and best power rates in Ohio change all the time. Though… not as much as the utility’s rates vary. And that’s the benefit of shopping for a fixed rate plan from a supplier. You can avoid the utility rates that change constantly, and lock in a rate with stability.

Here are cheapest rates for April. We also show the current price to compare for your utility.

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What Temperature Should I Leave My House When I’m on Vacation?

The plans have been made. The bags are packed. You deserve a vacation. But what are the best thermostat settings for vacation to keep your electricity bill low? In other words, when you’re in vacation mode, is there a vacation mode for your house?

The best approach is to set your vacation thermostat about 10 degrees higher (summer) or lower (winter) than you normally set it when away from home. This lowers the amount of time your HVAC system is running while you are away. In general, don’t set it above 85° in the summer or below 50° in the winter.

If you’re planning your trip now, consider our tips for adjusting the thermostat settings to reduce energy, create a comfortable environment for your pets and lessen household damage risks.

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FES Bankruptcy – Exelon Saves the Day?

When First Energy Solutions (FES), a retailer serving nearly 1 million electricity customers entered bankruptcy in April, Ohio regulators were concerned.  After all, FES is the electric generation supplier of a large number of electricity municipal aggregations across Ohio.  What would happen to consumers as FES fought its way through bankruptcy proceedings?  It looks like a white knight has appeared on the horizon — Exelon Constellation.

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How to Shop for an Ohio Electric Supplier

If you’re wondering how to shop for an OH electricity supplier, you’ve come to the right place!  We’ll help you learn how to make an apples to apples comparison of OH electricity rates and plans, the switching process, and the benefits of switching.

When you switch your electric supplier, you’ll benefit from savings versus the price to compare and the security of a fixed rate plan with a secure rate. You can even choose from plans that have green energy, free stuff, or that support a charity!

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Understanding Ohio’s Price To Compare

To promote energy choice in Ohio, the Ohio PUC requires that all utility bills include a Price To Compare disclosure. This is based on the Standard Service Offer (SSO) for your local electric utility. But the SSO and price to compare are not always the same!

Read on to learn more about what the Price To Compare number is (and also what it isn’t) so that you can accurately compare apples to apples electricity rates. 

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Why Is Your Electric Bill Higher Than You Expected?

Electric bill higher than expected? How can that be? You read the electricity providers’ information and picked what you thought was the best electricity plan available in your state. You even compared electricity rates offered and chose the cheapest plan.

Now you’ve received your first electric bill, and the power costs are much higher than you expected. And you’re wondering, Why is my electric bill so high? Why doesn’t the electricity rate on my bill match what you signed up for? Why is my electric bill higher than I expected?

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