Solar panels under blue sky with sunlight in Ohio - Electricity Rates

Electricity Rates in Ohio

Average residential electricity cost, utility comparison, and solar savings potential for Ohio homeowners.

$0.14

Avg Rate ($/kWh)

$119

Avg Monthly Bill

-12%

vs National Avg

$83/mo

Solar Savings

Ohio Electricity Cost Overview

The average residential electricity rate in Ohio is $0.14 per kWh, which is 12% below the national average of $0.16/kWh.Ohio homeowners pay an average of $119 per month for electricity, based on typical usage of 851 kWh per month.

Electricity rates in this state have been trending upward over the past decade, following national patterns of rising energy costs. As rates continue to increase, solar panels become an increasingly attractive way for homeowners to lock in their energy costs and achieve long-term savings.

Major Electric Utilities in Ohio

Utility Company	Avg Rate ($/kWh)	Customers	Est. Monthly Bill
Ohio Edison (FirstEnergy)	$0.14	1M	$119
AEP Ohio	$0.13	1.5M	$111
Duke Energy Ohio	$0.13	720K	$111

Compare & Shop Electricity Rates in Ohio

Ohio has a deregulated electricity market. This means residents can choose their electricity supplier and shop for the cheapest rates available. Your local utility still delivers power to your home, but you pick who generates it — and at what price.

How to Find the Lowest Rates in Ohio

Compare suppliers: Visit Ohio's Public Utilities Commission website for approved electricity suppliers and current rate offers.
Fixed vs. variable rates: Fixed-rate plans protect you from price spikes. Variable rates may start lower but fluctuate with the market.
Check contract terms: Watch for early termination fees, promotional rates that increase, and monthly service charges.
Consider solar: Rather than switching suppliers year after year, solar panels generate electricity at a fixed cost for 25+ years — often the cheapest long-term option.

The current average rate in Ohio is $0.14/kWh. By comparing suppliers or going solar, many Ohio homeowners cut their monthly bill from $119 to under $36 per month.

How Solar Compares to Ohio Electricity Rates

Without Solar

Monthly bill: $119
Annual cost: $1,428
25-year cost: $35,700
Rate trend: Rising 2-5% annually

With Solar

Monthly savings: $83
Annual savings: $996
25-year savings: $28,000
Rate: Locked in for 25+ years

Get a Free Solar Quote for Ohio

Family outside their solar-equipped home in Ohio - Electricity Rates

Solar Costs in Ohio

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Solar Companies in Ohio

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Solar Incentives in Ohio

Tax credits and rebates

Electricity Rates FAQ - Ohio

The average residential electricity rate in Ohio is $0.14 per kilowatt-hour (kWh), which is 12% below the national average of $0.16/kWh. The average monthly electric bill is approximately $119.

With solar panels, Ohio homeowners can reduce their electricity costs by approximately 70%, saving around $83 per month or $28,000 over 25 years. The 30% federal tax credit further reduces the upfront cost.

The largest electric utilities in Ohio include Ohio Edison (FirstEnergy), AEP Ohio, Duke Energy Ohio. Rates vary between utilities, so your exact cost depends on your provider and usage.

Yes, electricity rates in Ohio have been increasing over time, following national trends of 2-5% annual increases. This upward trend makes solar panels an increasingly attractive investment since they lock in your energy costs for 25+ years.