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Who Has the Best Energy Rates in Ohio? Inspire Clean Energy \u2014 also known as Inspire Energy Holdings, LLC \u2014 currently has the cheapest energy rates in Ohio, averaging around 7.25 cents per kWh, which is well below the local average.
AEP Energy is an electricity provider that serves hundreds of thousands of customers in Ohio. Read what some of our customers have to say about their experience. I chose AEP Energy for my new residency gas supplier after comparing the cost. They are fixed rate and 24 month locked rate.
Last updated September 2022 The average Ohio residential electricity rate is 14.33 ¢/kWh (7% lower than the national average).
Due to these rising costs, customers that use AEP Ohio for generation will see an increase of about 2 cents per kilowatt hour in the SSO price on their electric bills beginning in June 2022.
Electric bills in Ohio In Ohio, the average monthly electric bill for residential consumers is $159/month, which is calculated by multiplying the average monthly consumption by the average electric rate: 1,207 kWh * 13 ¢/kWh.
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10 States With the Lowest Electricity Rates Nebraska currently has the lowest average electricity rate (9.43 cents per kWh) across the residential sector.
Average Gas Bill in Northeast Ohio According to the same 2021 Ohio Public Utilities Commission survey, the average natural gas bill for homeowners in these Northeast Ohio cities are as follows: Ashtabula: $76.28. Canton: $76.20. Cleveland: $76.67.
Ohio, like all states with deregulation, makes it easy to compare rates by requiring utility companies to list their basic generation rates as a \u201cprice to compare.\u201d Basic AEP current rates for summer 2020 are 4.64 cents per kilowatt hour (kWh).
Monthly electric bills are a product of how much electricity you use per month and your electric rate. In Columbus, OH, the average monthly electric bill for residential consumers is $136/month, which is calculated by multiplying the average monthly consumption by the average electric rate: 978 kWh * 14 ¢/kWh.
Columbus Utilities As the average utility bill in the US costs $171.15, it's important to note that that the average utility bill in Columbus is higher at $201.34 per month. That rate will cover basic utilities, including electricity, water, gas, and fuel.

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