Ohio Business Electric Rates
Business owners in Ohio have the freedom to choose their electric or natural gas supplier since 1999. This ultimately helps energy customers save money by opening the market to national retail energy suppliers. The majority of Ohio is serviced by the utility American Electric Power (AEP). Other examples of Ohio utilities include Duke Energy Ohio, Dayton Power & Light, and First Energy.
The Energizer® Power Portal has vetted energy suppliers from across the country to establish a network of high-quality suppliers who can deliver businesses quality energy at an affordable price. Plans and product options are listed below and more information can be found here:
- Fixed Rate Plans: While you are growing, you may notice that fixed rate plan prices are often higher than those offered by variable rate plans. The reason behind this: fixed rate plans take seasonal fluctuations into account.
- Variable Rate Plans: These plans offer pricing models that change based on the retail price of energy. These fluctuations have been known to occur multiple times a year and could mean rate spikes during high energy-use seasons.
If you are having a hard time deciding on a supplier, consider your energy usage and lifestyle. If you own your building or are renting long-term, you may want to consider a fixed-rate supply plan, as these plans help to secure the rate for the whole contract term. Variable rate plans allow for rate fluctuation that can sometimes be unpredictable and they don’t have long-term contracts, which could be useful if you are renting short-term. When in doubt, feel free to reach out to us.
Why Do Ohio Businesses Switch Energy Suppliers?
If you run a business, you want to make money and cut unnecessary spending. If you’re not comparing energy providers, you could be spending more money than you have to on energy. When you use our service to switch energy providers, you can be sure that you have access to the best prices available.
Remember: natural gas and electricity are commodities with prices that fluctuate with the commodity markets on a daily basis.
If my business makes the switch to a new supplier, who provides power to my business?
If you do decide to sign up for a deregulated energy plan, your local utility will still be responsible for sourcing your energy from your contract’s third-party supplier. However, regardless of whether you choose a deregulated energy plan, your local utility will still deliver the power to your business.