{"id":283,"date":"2018-07-19T06:38:27","date_gmt":"2018-07-19T11:38:27","guid":{"rendered":"http:\/\/www.ohenergyratings.com\/blog\/?p=283"},"modified":"2020-01-10T14:36:42","modified_gmt":"2020-01-10T20:36:42","slug":"updating-24-month-rate-aep-ohio","status":"publish","type":"post","link":"https:\/\/www.ohenergyratings.com\/blog\/updating-24-month-rate-aep-ohio\/","title":{"rendered":"Updating the Best 24-Month Rate for AEP Ohio"},"content":{"rendered":"<figure id=\"attachment_23\" aria-describedby=\"caption-attachment-23\" style=\"width: 376px\" class=\"wp-caption alignright\"><img loading=\"lazy\" class=\"wp-image-23\" src=\"https:\/\/www.ohenergyratings.com\/blog\/wp-content\/uploads\/2017\/08\/iStock-531425016-300x199.jpg\" alt=\"Don\u2019t put off comparing apples to apples electricity plans in AEP Ohio!\" width=\"376\" height=\"250\" srcset=\"https:\/\/www.ohenergyratings.com\/blog\/wp-content\/uploads\/2017\/08\/iStock-531425016-300x199.jpg 300w, https:\/\/www.ohenergyratings.com\/blog\/wp-content\/uploads\/2017\/08\/iStock-531425016-230x153.jpg 230w, https:\/\/www.ohenergyratings.com\/blog\/wp-content\/uploads\/2017\/08\/iStock-531425016-350x233.jpg 350w, https:\/\/www.ohenergyratings.com\/blog\/wp-content\/uploads\/2017\/08\/iStock-531425016-480x319.jpg 480w, https:\/\/www.ohenergyratings.com\/blog\/wp-content\/uploads\/2017\/08\/iStock-531425016.jpg 725w\" sizes=\"(max-width: 376px) 100vw, 376px\" \/><figcaption id=\"caption-attachment-23\" class=\"wp-caption-text\"><center><em>Still putting off comparing apples to apples electricity plans in AEP Ohio? You might be missing some real savings on your Columbus energy bill! <\/em><\/center><\/figcaption><\/figure>\n<h2>Which <a href=\"https:\/\/www.ohenergyratings.com\/electricity-rates\/aep\">AEP Ohio Power Company<\/a> electric supplier had the best rate 5 months ago?<\/h2>\n<p>In February, we covered the <a href=\"https:\/\/www.ohenergyratings.com\/blog\/2018\/02\/27\/24-month-plan-aep-columbus\">best 24-month rate for AEP Ohio<\/a> in Columbus. Our pick, the <strong>Public Power 24-Month Fixed <\/strong>rate plan, checked all the boxes you want when you <a href=\"https:\/\/www.ohenergyratings.com\/resources\/ohio-electricity-switching-rules\">switch electric suppliers<\/a> to save money. It was inexpensive at 6.3 cents per kWh, had a $0 cancellation fee, and locked-in your low rate for an entire term of 24 months.<\/p>\n<h3>What does the <a href=\"https:\/\/www.ohenergyratings.com\/plans\/public-power\/details\/24-month-fixed\">Public Power 24-Month Fixed<\/a> plan look like now?<\/h3>\n<p>Just 5 months later and our pick from February has changed quite a bit! Previously, <a href=\"https:\/\/www.ohenergyratings.com\/companies\/public-power\"><strong>Public Power<\/strong><\/a> helped Columbus customers save money with a rate of 6.3 cents per kWh; today that same <a href=\"https:\/\/www.ohenergyratings.com\/resources\/understanding-your-aep-ohio-bill\">electricity plan in AEP Ohio<\/a> has actually gone down to 6.0 cents per kWh! That\u2019s a decrease of over 4% which saves you about $32.22 per year compared to the rate in February.<\/p>\n<p>This drop is a bit of a surprise considering prices tend to go up in summer. Additionally, the Energy Information Administration predicts a greater than <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/report\/electricity.php\">2.7% increase in electric prices<\/a> through 2019. All this means now might be a great time to capitalize on this cheap rate and lock-in your savings for a full 2 years before rates go up.<\/p>\n<p>Besides a great rate, the <strong>Public Power<\/strong> plan still maintains that $0 cancellation fee, which leaves you free to <a href=\"https:\/\/www.ohenergyratings.com\/resources\/ohio-electricity-choice\">choose another electric supplier in Columbus<\/a> at any time. And you still get the bonus of locking-in a low rate for a full 24 months.<\/p>\n<h3>What is the best 24-month rate currently available in <a href=\"https:\/\/www.ohenergyratings.com\/electricity-rates\/ohio\/columbus\">Columbus<\/a>?<\/h3>\n<p>Just like back in February, <strong>Public Power<\/strong> beats out the competition with the <a href=\"https:\/\/www.ohenergyratings.com\/electricity-rates\">cheapest rate in Columbus<\/a> to help customers lower their electric bills.<\/p>\n<p>The <a href=\"https:\/\/www.ohenergyratings.com\/companies\/north-american-power\"><strong>North American Power 24-Month Fixed<\/strong><\/a> plan comes in a very close second with a rate of 6.1 cents per kWh and the same benefit of locking-in your rate for a 24-month term. Unfortunately, <a href=\"https:\/\/www.ohenergyratings.com\/companies\/north-american-power\"><strong>North American Power<\/strong><\/a> charges customers $10 per month remaining on a contract to cancel; that\u2019s a fee that could cost you over $200!<\/p>\n<p>Right now, these are the only two available plans from Columbus area AEP Ohio suppliers. While these are solid options with cheap electricity rates, if you are looking for a little more variety in your energy choice, you can expand your search to 12-month plans and compare as many as 11 more electric plans.<\/p>\n<h3><a href=\"https:\/\/www.ohenergyratings.com\/ohio-electricity-rates-by-city\">Compare Ohio electric rates<\/a> at Ohio Energy Ratings to save more.<\/h3>\n<p>Finding the <a href=\"https:\/\/www.ohenergyratings.com\/read-reviews\">best electric provider in Columbus<\/a> is as easy as entering your zip code and clicking \u201cShop.\u201d When you use Ohio Energy Ratings, you can easily <a href=\"https:\/\/www.ohenergyratings.com\/ohio-apples-to-apples-electricity-rate-comparison\">compare apples-to-apples<\/a> because all the information is organized in one place.<\/p>\n<p>Check out how the plans featured at <a href=\"https:\/\/www.ohenergyratings.com\/electricity-rates\">https:\/\/www.ohenergyratings.com\/electricity-rates<\/a> compare to other AEP plans in Columbus and find the electric supplier that works for you!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Which AEP Ohio Power Company electric supplier had the best rate 5 [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[9],"tags":[21,22,20,33,38],"_links":{"self":[{"href":"https:\/\/www.ohenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/283"}],"collection":[{"href":"https:\/\/www.ohenergyratings.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ohenergyratings.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ohenergyratings.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ohenergyratings.com\/blog\/wp-json\/wp\/v2\/comments?post=283"}],"version-history":[{"count":3,"href":"https:\/\/www.ohenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/283\/revisions"}],"predecessor-version":[{"id":780,"href":"https:\/\/www.ohenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/283\/revisions\/780"}],"wp:attachment":[{"href":"https:\/\/www.ohenergyratings.com\/blog\/wp-json\/wp\/v2\/media?parent=283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ohenergyratings.com\/blog\/wp-json\/wp\/v2\/categories?post=283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ohenergyratings.com\/blog\/wp-json\/wp\/v2\/tags?post=283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}