Ohio Electric Rates Increase

Retail residential electricity rates the amount you pay per kilowatt hour or kwh have risen across the nation about 15 over the last 10 years.

Ohio electric rates increase. Public utilities commission of ohio 180 east broad street columbus ohio 43215 800 686 puco 614 466 3292 local 7 1 1 tty tdd privacy statement ohio gov. Based on the information provided in an article written by midwest energy news earlier this month the recent increases of electricity rates in ohio seem to be cause by of the lack of competition. The average electricity rate is 13 19 cents per kilowatt hour kwh. The table below presents historical information about average residential electricity prices broken down by year and state this information comes from the u s.

While ohio does have deregulated energy markets some areas of the state are still controlled by utilities. Firstenergy s 10 regulated distribution companies form one of the nation s largest investor owned electric systems based on serving 6 million customers in the midwest and mid atlantic regions. Aep ohio offers many tips to help customers reduce energy usage to keep costs down report outages problems or manage your account. Duke energy provides detailed rate information to help you understand your energy bill.

Stretching from the ohio indiana border to the new jersey shore the companies operate a vast infrastructure of more than 269 000 miles of distribution lines and are dedicated to providing customers. What s my current electric rate. Natural gas prices are only likely to increase and as they do electricity rates will rise. The price you pay for electricity depends on numerous factors including but not limited to your location time of year consumption and market changes disruptions.

It is regulated by the public utilities commission of ohio puco and with 150 years of service under its belt the electric provider aims to create a smarter energy future for its customers. Duke energy ohio is a subsidiary of duke energy that p rovides electric and natural gas service to about 860 000 and 538 000 customers respectively. This trend is unlikely to be disrupted in the future.