Find the Cheapest Natural Gas Rates for Akron OH 44301

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Very Good!
  • Doug Dickerhoff
  • Canton, OH
  • June 15th, 2022

Popular Plans in Akron

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Monthly Plan
$ 2.990
1
$0
Variable Rate Renewable
1 Month Variable
$ 4.580
1
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Variable Rate Non-Renewable
Managed Rate 12
$ 4.990
12
$0
Indexed Rate Non-Renewable
12 Month Fixed
$ 5.180
12
$0
Fixed Rate Non-Renewable
Secure Choice 12
$ 5.190
12
$0
Fixed Rate Non-Renewable
24 Month Fixed
$ 5.480
24
$0
Fixed Rate Non-Renewable
36 Month Fixed
$ 5.480
36
$0
Fixed Rate Non-Renewable
36 Month Home Natural Gas Plan
$ 5.490
36
$0
Fixed Rate Non-Renewable
Safe Harbor 24
$ 5.590
24
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Fixed Rate Non-Renewable
Safe Harbor 36
$ 5.990
36
$0
Fixed Rate Non-Renewable
Safe Harbor 48
$ 5.990
48
$0
Fixed Rate Non-Renewable
Fixed-Rate Gas 12
$ 5.990
12
$0
Fixed Rate Non-Renewable
Annual Clean Energy Plan
$ 6.900
12
$0
Fixed Rate Renewable
Clean Gas Plan
$ 8.804
1
$0
Variable Rate Non-Renewable
12 Month Fixed
$ 15.362
12
$0
Fixed Rate Non-Renewable
Variable
$ 15.400
1
$0
Variable Rate Non-Renewable

Articles Around Akron

FirstEnergy Agrees to $306M Refund to Ohio Customers

Posted on
FirstEnergy will refund $306 million to its customers. Find out what that means for your monthly Ohio electricity bill.
FirstEnergy has agreed to refund $306 million to its customers. But how much are you actually getting and does it help your monthly bill. We break it all down.

What Residential Customers Can Expect

Good news for FirstEnergy customers! After a year of back and forth with courts, hearings, and controversy, Akron-based FirstEnergy will be giving you a refund! The company has agreed to give around $306 million in customer refunds over the next five years. On the other hand, over five years, the refund may not seem a huge relief in your bills. Let's break down how much FirstEnergy is actually refunding to its residential customers. We'll also dig into how this affects your future bills.

Did Someone Say FirstEnergy Refund?

At issue was whether the FirstEnergy had made excessive profits over the course of 2017-2019. It appears that a combination of laws being enacted and then repealed made that seem likely. But while utilities can make profits,  there's no law that spells out what "excessive profits" are. In the settlement filing with the Ohio Consumer’s Counsel, FirstEnergy agreed that it had collected “significantly excessive profits”. As a result, the company and its three subsidiaries must refund 52.6% of their profits from these years over the next six months. This works out to about $50.8 million dollars in refunds to residential customers and  $45.3 million to non-residential customers. Additionally, customers will see $210 million in bill reductions over the next 4 years. This brings us to that $306 million refund total.

What Can Residential Customers Expect To Get?

With all those big numbers, it can certainly be easy to expect a huge payday. Unfortunately, don’t expect this refund to pay your electric bill for the next year. In Ohio, FirstEnergy's subsidiaries serves about a million customers. So, there's a lot of people getting refunds. As a result, most residential customers will only see about $85 total in refunds and reductions. Once approved by the PUCO, residential customers will receive the first $29 refund within the first 30 days. Afterwards, customers can expect a diminishing reduction in their electricity bills through 2025.

What About Future Bills?

Though this new FirstEnergy refund is welcome, the $29 won't last forever. With winter electricity prices rising, you may be asking how to save money. After all, you want to get the best deal you can. Even FirstEnergy recently encouraged customers to shop around for a better price on their electricity! Now is the perfect time to lock in a fixed rate before the cold, wet of this winter sets in. So, are you looking for a great rate for your area? Ohio Energy Ratings has the best prices and deals for wherever you’re looking. So look around! Find that perfect rate for your home at www.ohenergyratings.com.

Information about 44301 Electricity, and Natural Gas

Stats for 44301

With a population of 15340 people, 44301 is Ohio 283rd most populated zipcode and covers 3.53 square miles in Akron.

Area codes in 44301 include 330/234.

4 Cities Nearest to Akron

4 Smaller Zipcodes

ZipcodeMedian Home Price
43152$82,800
43142$82,800
43968$82,600
45616$82,600
43505$82,500