Find the Best Duke Energy Ohio Electric Rates in 2024
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Seeking exceptional Duke Energy electric rates in 2024 shouldn't be a complex task.
At EnergyPricing.com, we specialize in simplifying the process, empowering you with the information to secure rates that could significantly reduce your electricity bill.
Understanding Duke Energy Electric Rate Options
You have two options when it comes to your electricity supply.
- The default option is to stay with utility company, Duke Energy Ohio.
- The other option is to switch to a third-party supplier for your electric.
What is Ohio's Customer Choice Program?
Similar to how you would shop for other products and services, you have the ability to choose your energy supplier. The Customer Choice Program in Ohio empowers energy customers, ranging from large manufacturers to residential homeowners, to explore energy options from a diverse selection of competitive suppliers certified by the Public Utilities Commission of Ohio (PUCO). This freedom to shop around often leads to significant savings for the customer.
Here's how it works:
- Compare Rates: The first step is to compare Duke Energy rates offered by different suppliers. You can do this by visiting EnergyPricing.com and using our rate comparison tool. This will allow you to see all the available rates in your area and choose the one that fits your needs.
- Choose Your Plan: Once you have found a rate that suits your needs, it's time to select a plan. Make sure to carefully review the terms and conditions of each plan before making a decision.
- Switch Suppliers: After selecting a plan, you will need to switch suppliers. This enrollment process is quick and easy on EnergyPricing.com. Be sure to have your 17-digit Service Delivery Identifier (SDI) number found on your bill ready. Suppliers will need this account number to switch you successfully.
Would you like to see how it works in real-time? Watch the video below to learn how shop online with EnergyPricing.com.
Benefits of Switching Your Electric Supplier
Take a moment to ponder a few advantages that await when you make the decision to switch your electricity supplier:
- No Interruption in Service: Rest assured that your electricity service will remain uninterrupted during the switching process. Duke Energy will continue to deliver your electricity and handle any power outages, ensuring a seamless transition.
- Budget Certainty: Gain peace of mind with stable electricity rates. By choosing a third-party electricity supplier, you can lock in a fixed rate for up to 48 months, avoiding the fluctuating default rates of Duke Energy.
- Go Green: Making the switch also allows you to support renewable energy. Many third-party suppliers offer 100% Green Energy Plans, perfect for those committed to reducing their carbon footprint.
Duke Energy Ohio's Price to Compare
The price to compare is the benchmark that competitive suppliers need to beat. It's the price you'll compare against the offers from potential suppliers. For Duke Energy electric customers, your price to compare includes combined costs for generation supply and transmission services.
Duke’s residential “Price to Compare” for the generation supply portion of your bill for the period of February 1, 2024 to February 29, 2024 is $0.0971/kWh.
Factors to Consider When Comparing Suppliers
When selecting an electricity supplier, it's important to consider more than just the lowest rates. Take into consideration other essential factors to ensure that you choose a provider that meets your needs and preferences.
- Price: This is often the most critical factor for many customers. Be sure to compare different rates and plans from each supplier to find an option that aligns with your needs and budget. The rate comparison tool at EnergyPricing.com can help streamline this process.
- Customer Reviews: Reviews from other customers can help you get a sense of a company's reliability and quality of customer service. Take the time to read through these reviews to gather insights about the supplier's performance and reputation.
- Company Size and Stability: Consider the number of customers a company serves. A larger customer base often translates to more resources, which can mean better service and prompt response to customer needs.
- Company History: The length of time a company has been in operation can indicate their experience and reliability. Companies with a long history of providing dependable service are more likely to continue doing so.
- Contract Terms: Always read the entire agreement carefully. Look for any hidden fees or penalties, understand the cancellation clauses, and pay special attention to the contract length. These factors can significantly impact your experience with the supplier and potential savings.
By considering these factors, you can make an informed choice and select a supplier that perfectly aligns with your energy requirements.
Duke Energy Ohio Service Area
Duke Energy Ohio’s service area covers approximately 3,000 square miles and supplies electric service to approximately 840,000 residential, commercial and industrial customers and provides transmission and distribution services for natural gas to approximately 525,000 customers.
Power Outage in Duke Energy Ohio
Experiencing a power outage can be frustrating. It is important to know that when a power outage occurs, you should contact Duke Energy Ohio directly. They are the company responsible for maintaining the electricity in your area and will resolve the issue.
Here is more information on how to contact Duke Energy Ohio for power outages and other scenarios you may incur.
Commercial Electric Rates in Duke Energy Ohio
EnergyPricing.com offers a simple solution for finding the best commercial electricity rates in Duke Energy Ohio. Our state-of-the-art technology enables you to compare prices from multiple electricity providers and choose the one with the most competitive rates for your business.
Our website streamlines the entire process online, making it fast and convenient to secure a new electricity contract for your business. No more time-consuming phone calls or in-person meetings; everything can be easily managed from your cell phone or computer.
Benefits of using EnergyPricing.com for your next commercial electricity contract:
- Direct Access to Providers: Our easy-to-use interfaces let you submit your commercial electricity accounts directly to our network of electricity suppliers. Just sit back and watch the bids come in!
- Transparent Pricing: At EnergyPricing.com, we believe in being 100% transparent with our pricing and will disclose how much electricity providers compensate us. Due to our automated online pricing process, we can offer some of the cheapest rates in the market.
- Expert Advice: Unsure which plan or energy provider to use? No problem. You will have access to an industry expert who can help you.
Tips for Lowering Your Electric Bill in Duke Energy Ohio
There are several methods to lower your monthly bills in the Duke Energy Ohio service area. Here are a few examples:
- Shop for Better Rates - One of the easiest ways to lower your electricity bill is to shop around for better rates. One option is Apples to Apples Ohio, the Ohio Public Utilities Commission shopping website. It's important to note that any licensed supplier can post offers there, regardless of reputation and customer service complaints. Unlike the state shopping website, EnergyPricing.com pre-screens all our suppliers and energy plans to bring you the best options.
- Upgrade to Energy-Efficient Appliances - Replacing old appliances with energy-efficient models can make a significant impact on your energy bill. Look for products with the Energy Star label, which indicates that they meet federal energy efficiency standards.
- Adjust Your Thermostat - Lowering your thermostat by just a few degrees can result in significant savings on your energy bill. You can also invest in a programmable thermostat to automatically adjust the temperature when you're not home or asleep.
- Unplug Unused Electronics - Even when turned off, electronics and appliances still draw power and contribute to your energy bill. Unplug devices when not in use to avoid this "phantom" energy usage.
Take control of your Duke Energy Ohio electric bill today. By comparing and selecting cheaper electric rates, you can harness the power to lower your energy costs.
Our mission is to guide you towards smaller bills and provide you with greater peace of mind. Take the first step towards financial freedom and a more sustainable energy future. Let us empower you to make informed decisions and unlock the potential for significant savings on your electric bill.
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.
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).
TABLE OF CONTENTS
- Understanding Duke Energy Electric Rate Options
- What is Ohio's Customer Choice Program?
- Benefits of Switching Your Electric Supplier
- Duke Energy Ohio's Price to Compare
- Factors to Consider When Comparing Suppliers
- Duke Energy Ohio Service Area
- Power Outage in Duke Energy Ohio
- Commercial Electric Rates in Duke Energy Ohio
- Tips for Lowering Your Electric Bill in Duke Energy Ohio
- In Conclusion
- Frequently Asked Questions