Current Average Electricity Supply Rate in Ohio
As of September 2025, the average residential electricity price in Ohio is around 17.61¢ per kilowatt-hour. This puts Ohio below the U.S. average and many other deregulated states. Customers here benefit from municipal aggregation and a competitive retail market, although rates vary by utility territory.
Recent Rate Trends
June 2025: 17.1¢/kWh
July 2025: 17.3¢/kWh
August 2025: 17.4¢/kWh
Projected Rate Trends
October 2025: 17.8¢/kWh
November 2025: 18.0¢/kWh
December 2025: 18.1¢/kWh
Where Ohio rates are today
Ohio’s electricity prices are relatively moderate thanks to ample generation and participation in the PJM market. Community aggregation programs often negotiate lower rates for residents, keeping prices below national averages.
Why Ohio rates are the way they are
Ohio draws power from a mix of coal, natural gas, and growing renewable resources, with access to PJM’s wholesale market. Municipal and government aggregation programs provide competitive pricing, though transmission and capacity costs can influence overall rates.
Where Ohio rates are going in the next 3 months
Heading into winter 2025–26, Ohio prices are expected to tick up 1–3% as wholesale costs rise and demand increases. Customers may see slight increases on their supply portion, but competition among providers should keep larger spikes at bay.
Key Indicators Affecting Ohio Commercial Electric Supply Rates
Ohio electricity supply rates are influenced by several key indicators. First, the state’s fuel mix matters: coal, natural gas and renewable generation each have different cost drivers. When natural-gas prices rise or coal units retire, wholesale power costs increase, while abundant gas and low-cost renewables can help moderate rates. Another important indicator is the regional capacity and transmission charges set by PJM. If capacity auction prices or transmission upgrades increase, those costs flow through to retail supply rates.
Demand trends also play a role. Surging electricity use from industrial facilities, data centers and electrification of vehicles can tighten supply and push prices higher. Conversely, weak demand growth or efficiency improvements ease pressure on markets. Weather patterns such as very cold winters or hot summers drive up demand and often coincide with higher fuel prices, leading to temporary spikes in supply costs. Finally, policy changes—like Ohio’s partial deregulation cap and support for new nuclear and storage projects—can affect rates. Investments in new generation and storage may raise costs in the near term but could provide long-term price stability if they diversify the supply mix.
Key takeaway for businesses
Business customers in Ohio should explore offers from multiple retail suppliers and consider locking in rates before winter. Municipal aggregation may provide attractive default pricing, but shopping the market can yield savings and budget certainty.