Compare Electricity Rates in Cincinnati, Ohio.

As a Cincinnati resident or business owner, you live in a deregulated energy market. Ohio is one of many states that uses this system, and it allows energy consumers to choose their suppliers. Your supplier provides your energy and determines the rate you pay, while your utility is the company that distributes that energy and maintains power lines.

In Cincinnati, your utility is Duke Energy Ohio, and they’ll be your utility as long as you live in their service area. If you haven’t chosen a supplier, they’ll provide a Price to Compare (PTC). This rate changes throughout the year so you want to take the average price based on your usage over 12 months, and you can use it as a baseline when researching supplier rates.

Before you look for a new supplier, you’ll need to find out when your current contract ends to avoid termination fees. You’ll also have to choose between a fixed, variable or block and index rate. Fixed rates stay the same throughout your contract, while variable prices fluctuate with the energy market. Block and index rates use a fixed rate for specific usage and change to variable pricing above that usage.