Cheap The Illuminating Company Electric Rates in 2024

Paul Rhoads By Paul Rhoads, CEM, CEP linkedin link
Last Updated: February 8, 2024
five stars 36 reviews Clock 12 min read
The Illuminating Company Ohio electricity towerThe Illuminating Company Ohio electricity tower

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Finding cheaper The Illuminating Company 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 The Illuminating Company Electric Rate Options

You have two options when it comes to your electricity supply.

  1. The default option is to stay with utility company, The Illuminating Company Ohio.
  2. 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:

  1. Compare Rates: The first step is to compare Illuminating Company 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.
  2. 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.
  3. 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.

How to Shop Youtube CoverHow to Shop Youtube Cover

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. The Illuminating Company 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 The Illuminating Company.
  • 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.

The Illuminating Company 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 The Illuminating Company electric customers, your price to compare includes combined costs for generation supply and transmission services.

The Illuminating Company's residential “Price to Compare” for the generation supply portion of your bill for the period of January 1, 2024 through March 31, 2024 is $0.0998/kWh*. 

 

*If you are a qualifying electric heating customer your “Price to Compare” may vary from the “Price to Compare” above during the months of Sept 1-May 31. Please locate your actual “Price to Compare” during these months within the message section of your bill.

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.

The Illuminating Company Ohio Service Area

The Illuminating Company Ohio’s service area covers much of northeast Ohio. They provide electricity to commercial and residential customers in the greater Cleveland area. 

The Illuminating Company Ohio Service AreaThe Illuminating Company Ohio Service Area

Power Outage in The Illuminating Company Ohio

Experiencing a power outage can be frustrating. It is important to know that when a power outage occurs, you should contact The Illuminating Company 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 The Illuminating Company Ohio for power outages and other scenarios you may incur.

Commercial Electric Rates in The Illuminating Company Ohio

EnergyPricing.com offers a simple solution for finding the best commercial electricity rates in The Illuminating Company 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 The Illuminating Company Ohio

There are several methods to lower your monthly bills in the The Illuminating Company 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.

In Conclusion

Take control of your Illuminating Company 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.

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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


 

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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