Lakewood Electricity Rates
- Our marketplace lists Lakewood electricity rates starting at 6.89¢ per kWh from American Power & Gas.
- Lakewood's average electricity rate is 10.38¢ per kWh at 1,000 kWh. The biggest group of plans costs 10¢ to 12¢.
- The Illuminating Company's Price to Compare is 11.24¢/kWh right now, and plans we list in Lakewood start 4.35¢ lower.
Today's Cheapest Lakewood Electricity Rates
Lakewood has month-to-month plans as well as contracts up to 36 months. These are supply prices only, so expect the Illuminating Company's delivery charge on top.
| Plan Name | Plan Length | Rate at 1,000 kWh | Sign up |
|---|---|---|---|
| American Power & Gas – American Power & Gas | Monthly | 6.89¢/kWh | Continue |
| Just Energy – Just Energy | 12 months | 8.49¢/kWh | Continue |
| Provision Power & Gas – Provision Power & Gas | Monthly | 8.59¢/kWh | Continue |
| Discount Power – Discount Power | Monthly | 9.20¢/kWh | Continue |
| Utility Gas and Power – Utility Gas and Power | 12 months | 9.99¢/kWh | Continue |
| GreenLight Energy – Greenlight Energy | Monthly | 10.00¢/kWh | Continue |
| Median Energy – Median Energy | 36 months | 10.50¢/kWh | Continue |
| Nordic Energy Services – Nordic Energy Services | 2 months | 10.60¢/kWh | Continue |
| Shipley Energy – Shipley Choice | 6 months | 10.90¢/kWh | Continue |
| SFE Energy – SFE Energy Ohio | 3 months | 10.98¢/kWh | Continue |
| Alpha Gas and Electric – Alpha Gas And Electric | 12 months | 12.50¢/kWh | Continue |
| SmartEnergy – SmartEnergy Holdings | 6 months | 13.00¢/kWh | Continue |
Featured Lakewood Electricity Plans for November
Electricity providers in Lakewood are constantly adjusting their rates. Here’s what looks good right now:
- American Power & Gas – American Power & Gas (month-to-month): 6.89¢/kWh at 1,000 kWh.
- Just Energy – Just Energy (12-month): 8.49¢/kWh at 1,000 kWh. Locks in your rate for 12 months.
Lakewood Electricity Suppliers
We compare rates from 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.
Is electricity deregulated in Lakewood?
Yes, Lakewood homes can pick a plan from a supplier or stay on the Illuminating Company's Price to Compare. The Illuminating Company delivers the power either way.
Is it worth switching from the Illuminating Company's Price to Compare in Lakewood?
Yes, right now: American Power & Gas' month-to-month plan is the lowest we list for Lakewood, at 6.89¢/kWh, or 4.35¢ below the Illuminating Company's Price to Compare of 11.24¢. At 1,000 kWh a month, it saves about $43.50. Because it's a month-to-month plan, the price can change after the first month. The cheapest 12-month plan we list is 8.49¢ from Just Energy.
Source: PUCO
What is the real price per kWh in Lakewood once delivery is added?
About 16.76¢ per kWh, supply and delivery together, based on what homes on the Illuminating Company's default rate paid on average in 2024 (federal EIA data). The plan prices you shop for cover supply only; the lowest in Lakewood today is 6.89¢, before the Illuminating Company's delivery charges.
Source: EIA, 2024
What is the Illuminating Company's Price to Compare in Lakewood?
The Illuminating Company's default supply price is 11.24¢/kWh through December 31, 2026. It applies to Lakewood homes that haven't chosen a supplier.
Source: PUCO
Will a new supplier change my the Illuminating Company delivery charges in Lakewood?
No, a supplier only sets the price of the electricity itself; the Illuminating Company keeps billing delivery at the same regulated rates. The Illuminating Company bills $6.50 a month plus 4.8397¢/kWh for distribution, before other surcharges.
Source: FirstEnergy, March 2026
Is Lakewood Green Community Choice greener than the default rate?
Yes, the program's standard supply is 100% renewable and costs 10.599¢/kWh.
Source: NOPEC
