Lakewood Electricity Rates
There are 124 electricity plans available in Lakewood right now, starting at 6.39¢/kWh. The average rate across all 36 providers is 10.38¢/kWh at 1,000 kWh — switching to the cheapest plan saves 38% ($40/month) versus the average rate.
Cheapest Electricity Plans in Lakewood
Sorted by price at 1,000 kWh. Plans with bill credits can cost more at other usage levels — check the EFL for the full breakdown.
| Provider | Plan | Rate | Action |
|---|---|---|---|
 |
American Power & Gas
American Power & Gas of Ohio LLC 1 - 6.39¢
1 months
Cheapest
|
6.39¢
per kWh at 1,000 kWh
|
Continue |
 |
Public Power, LLC
Public Power LLC 10 - 7.69¢
10 months
Low Rate
|
7.69¢
per kWh at 1,000 kWh
|
Continue |
 |
SFE Energy Pennsylvania, Inc.
SFE Energy Ohio Inc 6 - 7.99¢
6 months
Low Rate
|
7.99¢
per kWh at 1,000 kWh
|
Continue |
 |
Clearview Electric Inc
Clearview Electric Inc 12 - 8.09¢
12 months
Fixed Rate
|
8.09¢
per kWh at 1,000 kWh
|
Continue |
 |
Town Square Energy
Town Square Energy East LLC 4 - 8.17¢
4 months
Fixed Rate
|
8.17¢
per kWh at 1,000 kWh
|
Continue |
 |
Ohio Gas & Electric
Ohio Gas & Electric 10 - 8.19¢
10 months
Fixed Rate
|
8.19¢
per kWh at 1,000 kWh
|
Continue |
 |
CleanSky Energy
Embrace Green 6
6 months
Fixed Rate
|
8.39¢
per kWh at 1,000 kWh
|
Continue |
 |
Just Energy
Just Energy 12 - 8.49¢
12 months
Fixed Rate
|
8.49¢
per kWh at 1,000 kWh
|
Continue |
 |
Provision Power & Gas LLC
Provision Power & Gas LLC 1 - 8.99¢
1 months
Fixed Rate
|
8.99¢
per kWh at 1,000 kWh
|
Continue |
 |
Utility Gas and Power
Utility Gas and Power 12 - 8.99¢
12 months
Fixed Rate
|
8.99¢
per kWh at 1,000 kWh
|
Continue |
 |
Direct Energy
Direct Energy Services LLC 6 - 9.09¢
6 months
Fixed Rate
|
9.09¢
per kWh at 1,000 kWh
|
Continue |
 |
Better Buy Energy
Better Buy Energy 10 - 9.19¢
10 months
Fixed Rate
|
9.19¢
per kWh at 1,000 kWh
|
Continue |
 |
Energy Harbor LLC
Energy Harbor LLC 10 - 9.19¢
10 months
Fixed Rate
|
9.19¢
per kWh at 1,000 kWh
|
Continue |
 |
SunSea Energy
SunSea Energy OH LLC 1 - 9.19¢
1 months
Fixed Rate
|
9.19¢
per kWh at 1,000 kWh
|
Continue |
 |
Discount Power Inc
Discount Power Inc 1 - 9.20¢
1 months
Fixed Rate
|
9.20¢
per kWh at 1,000 kWh
|
Continue |
 |
Shipley Energy
Shipley Choice LLC 6 - 9.28¢
6 months
Fixed Rate
|
9.28¢
per kWh at 1,000 kWh
|
Continue |
 |
Dynegy Energy Services East LLC
Dynegy Energy Services East LLC 10 - 9.29¢
10 months
Fixed Rate
|
9.29¢
per kWh at 1,000 kWh
|
Continue |
 |
Brighten Energy
Brighten Energy 10 - 9.39¢
10 months
Fixed Rate
|
9.39¢
per kWh at 1,000 kWh
|
Continue |
 |
Santanna Energy Services
Santanna Energy Services 12 - 9.79¢
12 months
Fixed Rate
|
9.79¢
per kWh at 1,000 kWh
|
Continue |
 |
Residents Energy LLC
Residents Energy LLC 4 - 9.96¢
4 months
Fixed Rate
|
9.96¢
per kWh at 1,000 kWh
|
Continue |
Showing the 20 cheapest Lakewood electricity plans based on 1,000 kWh usage.
Best Lakewood Electricity Plans by Usage Level
Lakewood is a walkable Cleveland inner-ring suburb with older housing stock and Lake Erie weather influence. The average household uses 700–900 kWh/month, with winter heating and summer AC driving seasonal variation.
- CleanSky Energy
- 8.39¢/kWh at this usage
- 6-month fixed rate
- American Power & Gas
- 6.39¢/kWh at this usage
- 1-month fixed rate
- CleanSky Energy
- 8.39¢/kWh at this usage
- 6-month fixed rate
- CleanSky Energy
- 8.39¢/kWh at this usage
- 6-month fixed rate
Lake Erie Climate Effect
Lakewood sits directly on Lake Erie’s southern shore, producing lake-effect snow in winter and moderating summer heat. Winters can push usage to 1,000–1,200 kWh with electric heating, while summers stay moderate at 600–800 kWh. Lock in a fixed rate to smooth out seasonal cost swings.
Lakewood Electricity Suppliers
We compare rates from 36 certified CRES providers active in The Illuminating Company’s Lakewood territory. Every supplier below offers plans to Lakewood residents today.
Lakewood Business Electricity Rates
Lakewood’s walkable downtown hosts restaurants, retail, and professional services, with healthcare facilities nearby in the Cleveland Clinic system. Commercial customers access deregulated rates through The Illuminating Company territory.
Business electricity pricing factors in peak demand, load factor, and total volume. A quick quote is the only way to see what rates are available for your specific business profile.
Lakewood Electricity FAQ
Common questions about electricity rates, plans, and suppliers in Lakewood and The Illuminating Company service area.
How does electricity deregulation work in Lakewood?
Lakewood is in a deregulated electricity market. your local utility is the EDU that delivers power through the local grid, but you choose which CRES (Competitive Retail Electric Service) provider provides your electricity supply. the Public Utilities Commission of Ohio (PUCO) oversees the market to ensure fair competition.
What is the cheapest electricity rate in Lakewood right now?
The cheapest Lakewood electricity rate is 6.39¢/kWh at 1,000 kWh, offered by American Power & Gas (American Power & Gas of Ohio LLC 1 - 6.39¢). The average across all 124 available plans is 10.38¢/kWh. Rates are updated multiple times daily.
What is the average monthly electric bill in Lakewood?
At the current average rate of 10.38¢/kWh, a Lakewood home using 1,000 kWh/month pays approximately $104/month for electricity supply. Actual bills depend on usage, which varies seasonally.
Who delivers electricity in Lakewood?
your local utility is the electric delivery company for Lakewood. They own and maintain the poles, wires, and meters. Regardless of which supplier you choose, your local utility delivers your power.
How do I switch electricity providers in Lakewood?
Pick a CRES (Competitive Retail Electric Service) provider, enroll online or by phone, and they handle the your local utility transition. The switch takes 1–2 billing cycles with no service interruption — no one visits your home and your power stays on the entire time.
What happens when my contract expires?
When your contract ends, you may roll onto a variable rate from your current supplier or revert to your local utility’s default supply rate. It’s best to reshop before expiration to lock in a new competitive rate.
How do Lakewood business electricity rates work?
Commercial rates in Lakewood are custom-quoted based on your peak demand, load profile, and contract length. Unlike residential plans, business pricing includes demand charges. Compare certified suppliers for the best commercial rate.
Who handles power outages in Lakewood?
your local utility. Your electricity supplier has no role in outage response — that’s always handled by the delivery company.