Find the Cheapest Electricity Rates for Toledo OH 43608

We have made it very easy to compare Toledo electricity rates so you can get the right plan for your needs.

What People In Toledo Are Choosing

Company & Plan Term Rate
Direct Energy - Term Optimized Live Brighter 6 6 month 7.09¢
Public Power - Electric 12 Month Fixed Rate WITH MRC 12 month 5.39¢
Public Power - Electric 15 Month Standard Fixed Rate 15 month 7.09¢
Major Energy - Secure Green Choice 12 12 month 8.19¢
Energy Harbor - Safe Harbor 24 24 month 7.19¢
Public Power - Electric 12 Month Standard Fixed Rate 12 month 6.69¢
Constellation - 12 Month Home Power Plan 12 month 7.29¢
These rates may have changed since publishing
Rates as of June 22nd, 2024

What customers around Toledo are saying

Ok
So far so good.
  • Teri from Fremont, Ohio
  • October 1st, 2023
Billing & Account Management
Customer Service
Order Experience
Pricing, Plans, & Promotions
How likely are you to recommend?

Frequently Asked Questions in Toledo

Are there any green electricity plans in my area?

There are no green plans in zipcode 43608 at this time.

What is the average cost of a 24 month electricity plan in the city of Toledo, OH?

The average rate of a 24 month fixed-rate electricity plan is around 8.4¢/kWh, ranging from 7¢/kWh to 10¢/kWh. Popular plans in this range are

For 6 month plans, the average rate of a 6 month fixed-rate electricity plan is around 7.1¢/kWh, ranging from 6.5¢/kWh to 7.7¢/kWh. Popular plans in this range are

What is the average cost of a 12 month electricity plan in the city of Toledo, OH?

The average rate of a 12 month fixed-rate electricity plan is around 7.9¢/kWh, ranging from 6.1¢/kWh to 11.5¢/kWh. Popular plans in this range are

In the case of 24 month plans, the average rate of a 24 month fixed-rate electricity plan is around 8.4¢/kWh, ranging from 7¢/kWh to 10¢/kWh. Popular plans in this range are

Local Electricity, and Natural Gas information for 43608

Electricity and local information about 43608

43608 is a zipcode residing in Toledo, Ohio covering an area of 3.63 square miles. With a population of 16515 people, 43608 is the 269th most populous zipcode in all of Ohio.

Area codes include 419/567.

4 Cities Nearest to Toledo

4 Smaller Zipcodes

ZipcodeMedian Home Price
43605$51,600
43717$51,400
43222$51,300
45741$51,200
44902$51,100

News for 43608

Why You Should Shop Energy Plans in the Shoulder Months

Posted on

Shop And Save On Cheap Energy Plans Now

Shop energy plans now to lock in the lowest energy rates of the year for your home. Save on the cheapest Ohio electric rates!
Shop spring shoulder month pricing to lock in the lowest rates for Ohio energy plans. Learn how you can save more now!

Welcome to the shoulder months! You may have heard that this is the best time to shop energy plans for your home. And that’s mostly correct. The spring and fall shoulder months do offer some of the lowest pricing out of the year. Why is that though? And why is this especially so this year? We’re going to crack into why shoulder months make shopping electricity rates in Ohio so much cheaper.

Shop While Natural Gas Prices Are Low

Natural gas accounts for around 17% of Ohio’s electricity generation. When prices are low, so is your electricity cost. Natural gas prices in 2024 are low compared to the last two years. Due to higher temperatures during the winter, there's much more natural gas in storage. So, across the board, energy prices have lowered significantly. Additionally, if you’re shopping for gas as well, you can snag a great deal on your energy costs as a whole. Overall, natural gas has fallen 65% since 2022.

Low Demand Lowers Prices On Energy Plans

With all those warmer temperatures, natural gas isn’t the only thing seeing lows. After last year’s record jumps during the summer months, we all got a first hand look at how demand affects the price you pay. When it’s blazing outside, everyone is running their air conditioners. So, you can expect some price increases because of the call for more electricity. However, during the spring months when temperatures are mild, we see less demand. That means lower prices for you.

Comparing Electricty Prices Then And Now

If you need a little more convincing, let's go compare prices from December to give you an idea of what has changed. For example, the APG&E TrueSimple 6 plan in Toledo at the end of 2023 was hovering around 6.61 cents per kWh. Today, that plan is 6.35 cents per kWh. And while .26 cents may not seem like a huge discount, these small numbers add up quickly. By snagging that deal now, you can avoid price increases during the summer when the average electricity use can increase by an additional 100-200 kWh per home. That means that not only does your usage rise, but demand will raise prices. Shopping now can help you reduce that painful double whammy.

Shop Better Energy Plans Today

Remember that changing your electricity rate can take a month or two depending on your meter read date. So if you want to snag the benefits of a low rate before summer temperatures hit, it’s best to start looking now. You can compare plans, read customer reviews to find best electric supplier your home, and switch at one convenient place. To start your electricity shopping journey at www.ohenergyratings.com