The most affordable electricity plans in Hamilton, Ohio are:
How much do electricity plans cost per month?
The monthly bill will vary by season (with the winter and summer seasons being the more expensive periods) and the size of your home. In 2022 in Hamilton, Ohio, the average electricity plan rate is 8.9¢/kWh. On average, that means
A small home will use around 500kWh of energy times 8.9¢/kWh totalling $44.5 per month.
An average-sized home will use around 1000kWh of power times 8.9¢/kWh totalling $89 per month.
A large home will use around 2000kWh of power times 8.9¢/kWh totalling $178 per month.
You can price electricity plans in your area here.
AEP PTC rates are nearly twice than what Ohio electricity suppliers are offering. Shop the cheapest Ohio electricity rates now!
It’s not hard to see that the current AEP Ohio Price to Compare (PTC) is ridiculous. It’s been jumping up and up since June. Now it's at 11.20 cents per kWh. Most certified electric suppliers in Ohio can get you rates around half that. But where do you start looking? Easy! Let's start with the 4 cheapest electricity rates in Columbus that will cover you for the next year.
The Cheapest 12 Month Rates In Columbus
At just 6.66 cents per kWh, this plan is almost half the AEP rate. Santanna Energy Services routinely offers the lowest rates in Ohio. And their Fixed Rate Electricity 12 plan is no different. It does come with one small catch: an early termination fee of $100. This can make switching before your contract is up financially difficult. But since it's the cheapest 12 month plan in the city of Columbus, you'll be crying all the way to the bank.
Shelter From The Rate Increases
Energy Harbor steps up yet again with another solid offer. Their Safe Harbor 18 plan is an 18 month plan, with a very reasonable rate. You’ll only have to pay 6.69 cents per kWh. Plus, there’s no early termination fee. So if you need to switch some time in the future, this is a fantastic option because you won't face an expensive fee.
Don't pay those high AEP Ohio PTC electricity rates! Shop now and save more!
Another Great 18 Month Electricity Rate
Let’s say you’re still looking for a solid 18 month plan to get you through. Something’s just not quite ticking your fancy. Well, Direct Energy has a great option for you. While their Live Brighter 18 plan also lacks an early termination fee, it is a little bit more expensive at 6.89 cents per kWh. However, customers can sign up with Direct Energy Rewards for deals, gift cards, and more.
A Good 12 Month Rate Option
Our last rate in this lineup is from Direct Energy again. This time it’s their Live Brighter 12 plan also priced at just 6.89 cents per kWh. It also has no early termination fee. That does make it easier to switch your electricity plan if your circumstance change or rates fall further.
Don’t Let AEP Ohio Jack Up Your Rates
With how high PTC rates have been, why wouldn’t you jump at the opportunity to lower your electricity bills. Switching from AEP is easy, and can save you from a lot of worry over high bills. But there are a bunch of different plans to chose from. See how much you could save and check them all out at www.ohenergyratings.com.
Don't wait any longer! Ohio Edison's cheap PTC rate expires on January 1, 2021. If you're in Akron, you can lock in the best electric rate right now!
Shop The Cheapest Long Term Rates In Akron, Ohio
It’s time to lock in a low rate for the next couple years. Right now, Ohio Edison’s price to compare is down to 4.74 cents per kWh for Akron customers. This price won’t last forever because it's only valid until the end of the year! But don’t just compare the rates apples to apples. Check out the all the benefits these three different plans offer and find the best electricity price for you!
Shop The Longest and Lowest Electricity Plan
Need the longest and lowest-priced option? Check out Energy Harbor’s Safe Harbor 36 Month plan and lock in their rate of 5.79 cents per kWh! This plan will cover you at a fixed price for three years, and comes with the added bonus of no cancellation fee! Energy Harbor is local to Akron and purchases primarily nuclear power. That makes it a greener alternative to some other plans. They also have moved to independent production in some areas, meaning they not only purchase power, they produce it as well. Combine this with some energy saving tricks, and you can expect reliably super low electricity bills. At the end of your term, you can expect a letter explaining your options for renewal, including an offer for automatic renewal. Unlike other plans however, they don’t swap you over to a variable rate plan at the end of your term.
Shop The Lowest 2 Year Plan
If you’re looking for something a little shorter, check out Public Power’s 24 Month Fixed plan. Coming in at 5.99 cents per kWh, you’ll be safe from price hikes through the winters and summers to come for the next 24 months. However, these rates are only for new customers. If you've been with Public Power before, this may not reflect the price you are offered. One benefit for new customers who choose this plan, is that there is no early termination fee! This means that if in a year and a half prices drop, you can switch and save without facing a fee. At the end of your term with Public Power you’ll be swapped to a variable rate plan unless you switch or renew your contract.
Shop The Lowest Budget Friendly Plan
If you want a stable, predictable bill, look no farther than Xoom Energy’s SureLock 24 plan. This plan is running a little higher than the others at 6.19 cents per kWh. There is a termination fee of $200, which is pretty steep compared to other plans. This plan comes with a huge bonus; XOOM Energy Rewards. When you enroll in this rewards plan, you can use your reward dollars at popular restaurants and hotels as well as get daily gift cards, or deals, or even epic prizes. This makes it great for people and families that are looking for a budget friendly option. At the end of your term you’ll be rolled over to a variable rate plan. But you'll still have the perfect opportunity to shop for low rates again.
If you’re not finding what you're looking for here, shop our other great plans! There are shorter terms, different rates, and hundreds of options to compare. Check out more plans, providers, and real customer reviews at www.ohenergyratings.com.
