Ohio has a deregulated electricity and natural gas market, meaning that you are able to shop for an energy provider and rate plan for your business or home. It can be confusing to pick the right plan for your needs. This is especially the case when there are a variety of different types and contract terms and minimum usage requirements to take into account.
PUCO developed a website called Energy Choice Ohio when Ohio cheap electricity its electric and gas markets. The site was created to assist customers in making an informed choice. The site soon became cluttered with a lot of untrustworthy energy providers and plans that consumers did not want to think about.
Securing a rate that is affordable and meets your requirements is a key element of this process. Comparing multiple energy plans that are offered by the top providers in your state is the best method to find the most competitive price.
There are two types of plans that are available to Ohio customers who use energy: fixed rate and variable-rate. Each plan has its own pros and cons and cons, and each comes with its own set of cons.
Fixed-rate plans offer the greatest stability. This type of plan locks in your price at a set rate for a specific time usually six months to three years.
Variable-rate plans come with an adjustable rate that changes in accordance with market conditions. Small-sized businesses are most likely to benefit from these plans. They can also be good alternatives for larger companies that require a lower monthly payment but anticipate high usage.
In addition to the standard fixed and variable rate energy plans, Ohio is home to a growing number of green energy products that reduce your environmental impact. These options include renewable electricity credits carbon offsets, carbon credits, and 100% green electric.
It’s important to remember because, as the climate continues to alter and fossil fuels like natural gas and coal become more scarce and scarcer, a shift towards more sustainable and renewable energy sources is inevitable. This is why it’s critical to be informed about the many Ohio energy options available, so you can choose the most affordable and environmentally-friendly option for your business or home.
Using our simple, easy-to-use tool that is easy to use, you can search for an affordable electricity plan in Columbus just a couple of clicks. You can search for your zip code on our energy marketplace and compare electricity rates from top companies across the state.
You can also sign up for a electricity plan directly with a reputable retail energy provider from our list of approved suppliers. We’ll connect you to an accredited, local provider which offers low-cost electricity in Columbus and across the state of Ohio!
Ohio is a pioneer in developing and producing commercial wind power. Ohio is home to several top-of-the-line wind farms, including the 84MW Cannelton Wind Farm in Toledo and the 105MW Meldhahl Wind Farm in Columbus.
Hydroelectric, biomass, solar, and biofuels are other sources of green energy. These sources make up a significant part of the state’s energy consumption, which is around 3%.