The easiest way to save money on electricity is to find a plan with the best comparison oh electric rates rates. There are hundreds of options out there. Some are fixed, some are variable, and some have different contract lengths. With a little time, you can find the right one to fit your needs.
The most important thing to remember is that you are shopping for the generation rate, not the utility delivery charge. You can easily figure out what your utility delivery rate is by looking at a recent utility bill. The generation rate is the part of your bill set by your local utility in competitive auctions throughout the year and monitored by the Public Utilities Commission of Ohio (PUCO). Alternative suppliers are able to offer cheaper generation rates because their rates are not tied to the PUCO-set Price to Compare that utilities show on their bills.
Understanding PUCO Apples to Apples: How to Compare Electricity Rates in Ohio
It is also helpful to know what kind of energy plan you want, including the type of contract, how much ancillary charges matter, and if green power is important to you. If you have all that information, you can use the PUCO’s Apples to Apples tool to compare rates from Ohio energy suppliers and buying groups, and to find the best ohio electric rates for your home or business. It is a good idea to shop at least once a year for the best energy deal available. It can take just a few minutes to find the best plans with the best rates in Ohio.