Ohio was one of the first states to deregulate the energy market allowing consumers to choose where they get their electricity. This is called “electric choice.” Energy suppliers compete with each other for your business, which gives you the opportunity to find a plan that works for you and your family. Many plans come with special terms and prices, like green energy options and fixed rates. When comparing Ohio electric providers, make sure to pay close attention to all of the plan details, such as price, contract length and green energy options.
The simplest way to compare Ohio electricity offers is on the Public Utilities Commission of Ohio’s apples to apples electricity comparison shopping website. Simply enter your utility, address and zip code, and you will be presented with a list of Ohio electricity suppliers who are certified to sell power in your area. The site makes it easy to sort through the different offers based on price, type of rate, renewable content (Ohioans have access to wind, solar and hydro), term length and fees.
Managing your energy choice choices can feel overwhelming at times, but it’s important to understand the intricacies of Ohio’s deregulated energy environment. The key is to decide what’s important to you. Is it affordability, stability or customer service? Choosing the right Ohio electricity provider will help you meet your goals.
It’s also important to remember that your local electric utility still delivers your power and operates the distribution system in your community. Your local electric utility will continue to work on the poles and wires in your neighborhood, and you should call them if there’s an outage or emergency.
If you are not taking advantage of Ohio energy choice, your local electric utility is your supplier and your rate will change every month based on the wholesale energy market. Your utility will send you a notice of the new standard offer rate at least 60 days before it takes effect. You can opt out of the standard offer through your local electric utility or online.
Many Ohio residents are eligible for community aggregation programs, which give consumers the ability to buy their electricity through a competitive energy supplier, instead of their local electric utility. This is a great way to take advantage of Ohio’s deregulated energy market and get competitive offers on electricity and natural gas from trusted brands. However, be aware that these aggregation programs are often a 2- or 3-year term and you should carefully evaluate the rates and green energy options to determine if they will work for your home or business. Many communities also offer a variety of specialized energy efficiency and renewable energy rebates as part of their program offerings. Be sure to ask your aggregation coordinator for more information about what’s available in your area.