Compare Rates and Find the Best Columbus Electricity Providers!

Paul Rhoads By Paul Rhoads, CEM, CEP linkedin link
Last Updated: January 31, 2024
five stars 36 reviews Clock 12 min read
Light bulbs illustrating Columbus Electric RatesLight bulbs illustrating Columbus Electric Rates

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Looking for the best electricity rates in Columbus, OH? Our comprehensive article is your ultimate resource! Let us help you compare electric companies, stay informed about prices, and provide valuable tips to reduce your bill. Get ready to save on electricity expenses!

Short Summary

  • Columbus 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 Columbus' Deregulated Energy Market

Columbus residents have the freedom to switch electricity providers, thanks to energy deregulation. To fully capitalize on this opportunity, it is vital to possess a comprehensive understanding of the deregulated market. This understanding should encompass the diverse electricity rates, plans, and available providers. Familiarizing oneself with these factors is essential in order to secure the most advantageous deal possible.

There's no need for concern! The process of understanding Columbus' electric rates is straightforward and uncomplicated. By considering factors such as rates, contract terms, and duration, you can confidently make an informed decision. Let's delve into Columbus' electric rates together and maximize the benefits offered by an energy provider.

How to Compare and Find a Columbus Energy Company

When it comes to comparing energy companies in Columbus, OH, you have a wide array of choices. Currently, there are over 100 electric suppliers registered with the PUC. Talk about having a multitude of options!

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

Step 1: Enter Your Zip Code

This will direct you to all our available electric providers in Columbus, 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 Electric Suppliers in Columbus 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 Columbus, 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 Columbus OH Electricity Providers

It can be quite a challenge to find the top Columbus, 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 Columbus 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 a Columbus 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 Columbus Electricity Rates

When looking for electric rates in Columbus, you'll come across a range of plans tailored to suit your risk tolerance. These options include fixed-rate plans, ensuring stable and predictable pricing, and variable-rate plans, offering flexibility and potential savings during specific months. Here are some of the commonly available 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 Columbus, 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 options, 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 Columbus, 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.

Columbus Ohio Energy Company

AEP Ohio - Columbus Southern, the electric utility company in Columbus, OH, is responsible for the maintenance of powerlines and the delivery of electricity to both residential and commercial properties. Remember, in the event of any power outages, please contact AEP Ohio - Columbus Southern instead of your electricity supplier.

Tips for Lowering Your Electric Bill in Columbus

To lower your electric bill, you have a plethora of effective strategies at your disposal. By embracing energy-efficient habits and researching better rates, you can substantially reduce your monthly expenses. Take a glance at the following compilation for invaluable tips on saving both energy and money on your forthcoming electric bill.

Shop for Better Columbus Electricity Rates

Lowering your electricity bill is a breeze when you shop around for better rates. At EnergyPricing.com, we take the guesswork out of finding the best options by thoroughly vetting suppliers and energy plans. Rest easy knowing that we've got you covered!

Our team is dedicated to addressing your inquiries and providing timely renewal reminders. Moreover, our online platform seamlessly connects business owners with suppliers, allowing you to effortlessly receive custom rates and observe the bids as they roll 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 Electric Rates in Columbus Ohio

Businesses based in Columbus have access to the same range of electricity suppliers as residential customers. There are multiple energy suppliers that provide customized energy plans specifically designed for commercial customers.

It is important to recognize the distinction between shopping for commercial electricity rates and residential rates. Commercial rates are generally based on the size of the business, making it crucial to understand this difference.

To lower your business's electricity costs, consider exploring commercial electricity rates on the user-friendly online platform EnergyPricing.com. This platform provides numerous benefits, including:

  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

Through our comprehensive analysis of electric rates in Columbus, we have acquired invaluable knowledge about the deregulated energy market. Throughout our journey, we have uncovered a multitude of strategies and recommendations to help you find the optimal electricity supplier. 

Harness the wealth of information available to you and reclaim control over your electricity bill. Compare rates and discover the perfect energy provider for your residence or business. Simply click the "Get Started" button below and start saving on your electricity expenses 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 Columbus?

Depending on your address, you can rely on AEP Ohio - Columbus Southern for delivering and maintaining your electricity in Columbus. 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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