Understanding Your Toledo Edison Bill

It's essential that you understand your Toldeo Edison bill and what it's saying from month to month. When you're fully informed, you can spot mistakes and understand exactly what you are being charged for. Read on to find out more about understanding your Toledo Edison bill.

What does the average customer pay for energy from Toledo Edison?

The EIA (U.S. Energy Information Administration) states the typical rate for electricity in the Toledo Edison region is presently 14.78 cents per kWh. Based on this price, you could see savings as large as 33% based upon a typical home using 1,000 kWh/month.

Also: The EIA averages include all the taxes, transmission and supply fees, and is an 'all in rate'. We provide the same 'all in rate' so you get the true apples to apples price comparison when you're shopping for Ohio energy rates.

How do I lower my Toledo Edison bill?

It's really easy to get a better rate on your Toledo Edison bill.

Find your most recent bill, because you'll need two specific pieces of information from the bill - your 'Account Number' and your 'Service Address'. You can find these on the sample bill below.
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A. Your Toledo Edison Billing Period

The billing period represents the start and end date of the current billling period.

A. Your Toledo Edison Billing Address

C. Toledo Edison Account Number

You'll need your account number when speaking to a Toldeo Edison representative or to a competitive supplier.

D. Bill Messages

E. Your Toldeo Edison Price to Compare

Your Toledo Edison bill provides a Price to Compare, which allows you to shop for a cheaper electricity rate from a new supplier. If a supplier can offer you a lower rate, you should consider switching.

F. Your Account Summary

G. Your Usage Information

If you want to find out more about your energy usage habits, the personalized usage history section might interest you. You don't need to read this, but it's there if you want to. It simply tells you how you have been using energy this month compare to previous months or the same month last calendar year. It might be useful to have this information if you want to change your usage habits.

H. Toledo Edison Charges

This represents the cost of getting power to your home or business. These are the Transmission and Distribution charges (Poles and Wires)

I. Competitive Supplier Charges

Supplier charges represent the actual energy generated for use in your home. The Generation and Supply portion of your bill is competitive. You have Choice to buy your generation/supplier service from a supplier of your choice.

J. Payments and Adjustments

K. Additional Messages

L. Return Bill Payment Stub

Toledo Edison FAQ's

How do I compare the Toledo Edison Price To Compare versus another Ohio energy supplier ?

In Ohio you can choose who provides power to your home. You can power your home through your local utility, like Toledo Edison, or you can choose a competitive electricity provider. There is no change to your service. If you choose to stay with Toledo Edison the “price to compare” is the rate that you will pay instead of the competitive electricity provider rate.

Toledo Edison typically updates their Price To Compare (PTC) rate every 90 days and the rate is shown on the left-hand side of your Toledo Edison bill. Understanding the price to compare can help you know if you are saving money when comparing Ohio energy providers. If you want to find out how Toledo Edison's Price To Compare rates stack up again other Ohio suppliers you can find more information by entering your zip code and comparing rates on Ohio Energy ratings