Best Columbus Providers For Cheapest Electricity
Summer is right around the corner and that means you might crank up the AC. But that means throwing good money down the drain for many Ohio energy shoppers. Right now, you could cut down on your AEP Ohio energy bills if you shop for the cheapest electricity in Columbus. All you need to do is compare the best electric supplier apples to apples. So, let do that with a look at four of the cheapest providers for Columbus electricity.
Compare AEP Ohio PTC Rates
You might be wondering how much you pay if you stick with PTC rates? Right now, AEP Ohio customers pay 10.12 cents per kilowatt-hour (kWh). If you compare this to Ohio’s 846 kWh monthly energy usage average, this means an $85 monthly supply charge. However, PTC rates are set to rise by about 1 cent per kWh to 10.96883 cents per kWh on July 1. This could raise your average supply charge to $93 a month!
That sounds like a lot of money, but Columbus energy shoppers have some great 3rd party options.
Shop Cheapest Columbus Electricity Providers
While shopping for the cheapest energy plans around, you might catch some of the plans from APG&E. Their True Classic 12 plan charges 9.1 cents per kWh with a $14.95 MRC for 12 months of service. This averages to about a $91 monthly supply charge ($2 less than July PTC rates). On the other hand, you might lock in with the True Simple 7 plan, which charges 9.3 cents per kWh for 7 months of service. This plan equals a monthly supply charge of about $79 ($14 less than July PTC rates). On top of this, APG&E offers further value with shopping and dining discounts via their rewards program.
You could also save with the Public Power Electric 12 Month Fixed Rate WITH MRC plan. This plan charges 9.3 cents per kWh with a $14.95 MRC, which equals about $93 in supply charges. While this matches the July PTC rate, it’s important to remember that PTC rates tend to rise during the winter. So this plan could beat winter rates in 2027.
Best High Usage Electricity Rate
Most Ohio homes are using a little over 1.2 to 1.5 kilowatts at any given time. But if you own a larger home and have an EV that you’re charging and all-electric appliances, your demand could be a lot more. If so, then you need some relief from high bills. The Clearview Energy ClearGuarantee12Plus(high usage) plan charges 9.1 cents per kWh with a $19.99 MRC for high usage. True, using an average of 846 kWh under this plan is dismal; you’d pay about $97 for supply vs $92 with the AEP PTC rate. But, at a higher usage of 1500 kWh, you’d would pay only about $156 with the Clearview Energy plan versus $164 on the AEP PTC rate. So the more you use, the more you can save.
Plus, Clearview Energy customers get even more value by taking advantage of the shopping and dining discounts from their rewards program.
Shop Now For Cheapest Rates
As you can imagine, you could lower your Ohio energy bills if you use less energy than normal. Simple things like turning your AC back a few degrees can bring big savings over the summer. But you can also save if you shop for the cheapest rates in town, especially before the July 1 rate hike!
You can always start your shopping right here at https://www.ohenergyratings.com. We’re also your best source for news and tips that could affect your bills.