Compare Rates and Find the Best Electric Company in Akron Ohio!

Paul Rhoads By Paul Rhoads, CEM, CEP linkedin link
Last Updated: January 30, 2024
five stars 36 reviews Clock 12 min read
Comparing Akron Electric Rates on laptopComparing Akron Electric Rates on laptop

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Today's competitive energy market offers a plethora of options when it comes to choosing your electricity provider. This all-inclusive article is your ultimate resource for discovering the best electricity rates in Akron, OH. Allow us to assist you in navigating the process of comparing electric companies. We will keep you informed about current and upcoming prices, while also sharing valuable tips to help you reduce your electricity bill. Get ready to save on your electricity expenses!

Short Summary

  • Akron is in a deregulated energy market, meaning you have the power to switch electricity providers.
  • Don't Just make a quick decision- compare rates, weigh factors & shop around on EnergyPricing.com
  • Learn some tips for lowering your electric bill with energy efficiency and some smart usage habits.

Understanding Akron's Deregulated Energy Market

In Akron, Ohio, residents enjoy the freedom to choose their own electricity providers, thanks to energy deregulation. To make the most of this opportunity, it is crucial to have a comprehensive understanding of the deregulated market, including the various electricity rates, plans, and providers available. Familiarizing yourself with these factors is essential for securing the most advantageous deal possible.

No need to worry! Understanding Akron's electric rates is a simple and straightforward process. By taking into account factors like rates, contract terms, and term lengths, you can make an informed decision with confidence. Let's explore Akron's electric rates together and make the most of the benefits provided by an energy provider.

How to Compare and Find an Akron Electric Company

When it comes to comparing energy companies in Akron, OH, you've got plenty of options. In fact, as of today, there are over 100 electric suppliers registered with the PUC. Talk about having options!

Luckily, for you, EnergyPricing.com's easy-to-use interface makes comparing electric providers in Akron, OH as easy as one, two, three.

Step 1: Enter Your Zip Code

This will direct you to all our available electric providers in Akron, OH.

Step 2: Compare Rates and Suppliers

This is the fun part. Our easy-to-use interface allows you to effortlessly compare rates from multiple suppliers.

Step 3: Enroll Online

Once you find the perfect plan, you can enroll online in less than 2 minutes.

Do you want to see how it works in real-time? Watch the video below.

How to Shop Youtube CoverHow to Shop Youtube Cover

Factors to Consider When Shopping Electricity Suppliers in Akron OH

If you're unsure of which electric supplier you want to go with, don't worry! With so many options, it can be overwhelming to know where to start. When shopping for electric suppliers in Akron, OH, we recommend considering the following factors below:

  1. Price - When it comes to choosing an electric provider, price is definitely a top consideration. But don't be fooled by a promotional energy plan that may seem like a great deal at first glance. That's why it's crucial when you are making a true apples-to-apples comparison that you consider not only the initial price but also any potential hidden fees or rate changes down the line.
  2. Read customer reviews - To understand a company’s customer service, check out their customer reviews on Google. What are other customers saying about the service they’re getting? Look for red flags like poor communication, unresponsive customer service, and billing issues.
  3. Company size - It’s also worth checking how many customers a company has. This could be an indication of their size and stability. A larger customer base can mean more resources and better infrastructure to handle customer demands.
  4. How long have they been in business? - Researching the history of a company can help you form an opinion on how reliable and trustworthy they are. You can find this information on their website or by reading reviews online. A company with a long history of providing reliable service is a good sign that they’re here to stay.
  5. Lastly, read the contract - Don’t just quickly sign the electricity contract and hope for the best. Make sure you read the entire contract carefully before committing yourself to any provider.

Top Akron OH Electric Company

It can be quite a challenge to find the top Akron, OH, electric company as it can be challenging to identify the true standout. However, there is some exciting news to share! The U.S. Energy Information Administration has recently released a highly informative report that ranks suppliers based on their customer count. According to this reliable source, here are the top 10 electric suppliers in the Akron region:

  1. Energy Harbor Corp.- 701,618 customers
  2. AEP Energy - 380,159 customers
  3. Dynegy Energy East, LLC- 335,518 customers
  4. Interstate Gas Supply, Inc.- 228,977 customers
  5. Constellation NewEnergy, Inc- 94,304 customers
  6. Reliant Energy Northeast LLC- 85,429 customers
  7. Direct Energy Services- 61,293 customers
  8. Inspire Energy Holdings, LLC- 41,831 customers
  9. Commerce Energy, Inc.- 29,519 customers
  10. SmartEnergy Holdings, LLC- 25,749 customers

Source: U.S. Energy Information Administration (EIA), 2021 Retail Power Marketers Sales- Total

As an Akron resident, it's important to be aware that there are alternative options beyond the well-known companies mentioned earlier. In fact, some of the most enticing deals often come from newer, more pioneering power companies that aim to revolutionize the industry. At EnergyPricing.com, we have thoroughly researched and verified numerous reputable providers to assist you in finding the ideal fit.

Types of Akron Electricity Rates

When searching for electric rates in Akron, you'll encounter various plans designed to match your risk tolerance. These include fixed-rate plans that provide consistent and predictable pricing, as well as variable-rate plans that offer flexibility and potential savings during specific months. Here are some of the frequently offered electricity plans in the market.

Fixed Rate Electricity Plans

Fixed-rate plans offer one set rate per kilowatt-hour for the entire contract period, providing stability and predictability for your energy costs. A fixed-rate plan is ideal for most residential and commercial customers as it eliminates surprises on your monthly bill and allows you to budget accordingly.

However, keep in mind that fixed-rate plans often switch to variable-rate plans at the end of the contract term, so be prepared for potential rate changes in the future.

Variable Rate Electricity Plans

Variable-rate energy plans offer a fluctuating rate per kilowatt-hour based on market conditions, such as weather and volatility. While this type of plan typically offers flexibility in allowing you to switch plans without any additional fees, it also comes with the risk of extreme weather events causing a sudden spike in your energy rate.

100% Green Energy Plans

If you're looking for a green electricity provider in Akron, OH, then a 100% Green Energy Plan could be the perfect choice for you. However, it's important to note the electricity flowing through your power lines won’t typically come from renewable energy sources.

Instead, with these renewable energy plans, most energy providers simply offset your energy usage by purchasing Renewable Energy Credits (RECs). These RECs reflect the generation of renewable energy from sources like solar or wind. So if you are someone who cares about the environment and is willing to spend a little bit more, then choosing a plan from a green electricity provider in Akron, OH, is for you.

Promotional Energy Plans

Most electricity consumers are always looking for ways to save money on their energy bills, which is why promotional energy plans have become a popular choice. These plans come in many different forms, from unlimited electricity to lower-rate plans with built-in monthly fees.

However, customers should approach these plans with caution. While they may look appealing, it’s essential to analyze your average kWh Usage to determine if the plan will actually save you money. Unfortunately, many of these promotional energy plans end up being more expensive than traditional fixed-rate plans.

Akron Ohio Electric Company

Ohio Edison, the electric company in Akron OH, is the company that is responsible for maintaining the powerline and delivering electricity to your home or business. Remember, if there are any power outages, contact Ohio Edison instead of your electricity supplier.

Tips for Lowering Your Electric Bill in Akron

To reduce your electric bill, you have access to a wide range of effective strategies. By adopting energy-efficient habits and exploring better rates, you can significantly decrease your monthly expenses. Take a look at the following list for valuable tips on saving both energy and money on your upcoming electric bill.

Shop for Better Rates

One of the easiest ways to lower your electricity bill is to shop around for better rates. With EnergyPricing.com, you can rest assured that we pre-screen all our suppliers and energy plans to show you the best options.

We are also here to answer your questions and remind you when it is time to renew. And for business owners who need a customized rate, our online platform connects you directly to suppliers so you can sit back and watch the bids come in.

Energy Efficiency Measures

Consider choosing LED light bulbs, Energy Star-certified appliances like refrigerators, washing machines, and dishwashers, and opt for programmable thermostats. These choices will not only save you money but also contribute to a greener and more sustainable future.

Smart Usage Habits

Adopting smart usage habits can make a significant impact on reducing your electric bills. By diligently turning off lights and electronics when not in use, sealing air leaks in your home, and opting for fans instead of air conditioning, you can actively decrease your energy consumption and enjoy the benefits of a lower monthly energy bill.

Commercial Electricity Rates in Akron, OH

Akron-based businesses have the same electricity supplier options as residential customers. Multiple energy suppliers offer tailored energy plans for commercial customers.

Understanding that shopping for commercial electricity rates differs from residential rates is crucial, as commercial rates are typically determined by business size.

To reduce electricity expenses for your business, you can shop for customized commercial electricity rates through the user-friendly online platform EnergyPricing.com. This platform offers various advantages, such as:

  1. Direct Access to Suppliers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of energy providers. Just sit back and watch the bids come in!
  2. Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose to you how much electricity providers compensate us. Due to our automated online pricing process, we can offer some of the lowest electricity prices in the market.
  3. Expert Advice: Unsure of which electricity plan or energy supplier to go with? No problem! You will have access to an EnergyPricing.com expert to help you throughout the entire pricing process.

In Conclusion

During our in-depth exploration of electric rates in Akron, we have gained invaluable insights into this deregulated energy market. Along the way, we have discovered numerous strategies and recommendations for finding the best electricity supplier. Additionally, we have delved into effective techniques for reducing your monthly electric bill.

With this abundance of information at your disposal, the time has come for you to take charge of your electricity bill. Compare rates and find the ideal energy provider for your home or business. Just click the Get Started Button below and begin saving on your electricity bills today!

Frequently Asked Questions

What is EnergyPricing.com?

EnergyPricing.com is an online marketplace that connects residential and commercial customers in deregulated electricity and natural gas states with energy suppliers.

How does EnergyPricing.com make money?

As a registered electricity broker with the Public Utility Commission in Ohio, electricity suppliers pay us a small commission for connecting customers like you with them. Here is a full explanation on how we make money

Who is the electric utility company that serves Akron?

Depending on your address, you can rely on Ohio Edison for delivering and maintaining your electricity in Akron. If there is a power outage, contact them to help you get back up and running.


 

Author

Paul Rhoads

Paul Rhoads, CEM, CEP

Paul is the Vice President of EnergyPricing.com. He has over a decade of experience in the energy industry, advising clients on how to shop in deregulated energy states. In addition to his experience, Paul is a Certified Energy Manager (CEM) and Certified Energy Procurement Professional (CEP).

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