Find the Cheapest Electricity Rates for Toledo OH 43620

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

43620 Electricity, and Natural Gas Information

Stats for 43620

With a population of 5858 people, 43620 is Ohio 492nd most populated zipcode and covers 1.09 square miles in Toledo.

Area codes in 43620 include 419/567.

4 Cities Nearest to Toledo

Smaller Zipcodes in Toledo

ZipcodeSquare Miles
437501.08
451151.04
434371.01
440801.00
430020.99

Popular Plans in Toledo

Name Term Price
Affordable Clean Gas 12 12 0.0¢
12 Month Fixed Rate 12 0.0¢
OH Frontier Online Premier Gas-6 6 0.0¢
1 Month Variable 1 0.0¢
Fixed-Rate Gas 12 12 0.0¢
Live Brighter 12 12 0.0¢
RescueLock 12 12 0.0¢
Live Brighter 8 8 0.0¢
OH Frontier Online Premier Gas-12 12 0.0¢
Safe Harbor 36 36 0.0¢
Safe Harbor 12 12 0.0¢
Safe Harbor 24 24 0.0¢
Live Brighter 18 18 0.0¢
Live Brighter 9 9 0.0¢
24 Month Fixed Rate 24 0.0¢
Annual Clean Energy Plan 12 0.0¢
SureLock 24 24 0.0¢
SureLock 12 12 0.0¢
Live Brighter 6 6 0.0¢
Secure Choice 12 12 0.0¢

What customers are saying in Toledo

Overall Rating
Ok
So far so good.
  • Teri
  • Fremont, OH
  • October 1st, 2023

News Around Toledo

FirstEnergy Ohio Utilities Ask PUCO For Rate Hike

Posted on

More Rate Hikes For Ohio Customers

A rate increase on the distribution part of your electricity bill is not what you need this summer. Find out what's going on and how you can avoid paying more for electricity.
With all your other costs rising, you really don't need another FirstEnergy rate hike this summer. Learn what's behind it and how you can avoid paying more for your electricity.

Yes, it’s true. Rate hikes aren’t going away any time soon. This time, FirstEnergy Ohio is up to the plate, looking for a rate increase. Thankfully, this isn’t going to be a huge increase on your bills. All the same, you'll be paying more for your Ohio energy. So, let's see why FirstEnergy wants to increase their rates and how will this affect your FirstEnergy bills?

Why Is FirstEnergy Raising Rates?

FirstEnergy Ohio’s last rate review was back in 2007. This means that it has been over 17 years since there has been any substantial change in their rates. There's also been over 17 years of grid modernization, and various initiatives to reduce outages and improve response times. It’s estimated that FirstEnergy has spent well over a few billion dollars in grid enhancements over the last 17 years.

How Much Is This Hike Going To Cost?

Thankfully, this rate increase shouldn’t put too much burden on consumers. The average customer who uses 750 kWh of energy should only see an increase of about $1.88 on their monthly bill. That adds up to a $22.56 increase every year. However, with energy bills rising due to the temperatures across the US, this could still put strain on customers.

Another rate increase on your Ohio electric bills may happen soon. Shop low prices plans now to to cut how much you pay for electricity and save.
Even if FirstEnergy Ohio does hike its distribution rate, you can shop for lower priced plans and still save money.

Ways To Save In Spite Of Rate Hike

Although FirstEnergy is the one raising their price, this higher distribution charge will affect all of its customers. That means that regardless of who your energy provider is on your bill, you will still face this rate hike. So, how can you negate the increase? One great option is to shop around for a lower rate. FirstEnergy’s current price to compare is 9.29 cents per kWh and expires at the end of June. You can find great prices across all the FirstEnergy Ohio utilities. This includes Ohio Edison, the Illuminating Company, and Toledo Edison.

Additionally, you can look in to ways to cut your electricity usage to help lower the effect of the new rate on your bills. Taking advantage of drapes, LEDS, and (most importantly) cleaning your air conditioner can all help lower your AC run time and lower your electricity bills.

Save On Your Electricity Bill During The Rate Hike

We get it; shopping for a new electricity plan can be a pain, especially when you’re trying to save money. But with the great ways to find your perfect electricity rate just by shopping. By offering reviews and information, we’re hoping to make it easier for all Ohio electricity customers.

For more information on future rate increase and other electricity news in Ohio, there’s more at http://www.ohenergyratings.com