Ohio utility rates increased dramatically in June 2023. Residents and business owners can shop for competitive suppliers and potentially save big on their electricity bills. Below you can find current utility rates in Ohio and how to shop.
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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. The intent of including this rate on electric bills is to give electricity shoppers a reference point to determine if an offer from an alternative supplier is a good deal or not. Sounds pretty straight-forward, but have you ever wondered how your Price to Compare is actually calculated and how can you use that information to save money? 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.