Compare Electricity Rates in Toledo, Ohio.

Ohio has a deregulated energy market, which lets consumers choose who supplies their energy. Your supplier will determine the rate you pay for your energy, while your utility distributes the power your supplier provides.

In Toledo, your utility is Toledo Edison. This company will handle your distribution and powerline maintenance as long as you’re in their service area. If you haven’t chosen a supplier, they provide a Price to Compare (PTC). The PTC changes throughout the year so it is important to average the rate based on your usage over 12 months. You can use this as a benchmark when comparing supplier prices.

To avoid cancellation fees, you should figure out when your current contract ends before you start researching suppliers. Start dates to impact your available rates. You also need to decide if you want a fixed, variable or block and index rate type.

Fixed rates will not change during your contract, and they’re based on the market at the time you sign. Variable rates fluctuate as the market does. Block and index prices use a fixed rate for a set amount of usage and switch to a variable cost when you exceed that limit.