Lorain Electricity Rates
- Electric rates in Lorain start at 6.89¢/kWh and go up to 13.99¢ across 24 plans.
- The average electricity price in Lorain is 10.35¢/kWh at 1,000 kWh, ranging from 6.89¢ to 13.99¢.
- The estimated monthly electric bill in Lorain is about $104/month at 1,000 kWh.
Today's Cheapest Lorain Electricity Rates
In Lorain, 14 certified suppliers are posting 24 residential plans. The cheapest is 6.89 cents per kWh; the market average is 10.35¢.
| Plan Name | Plan Length | Rate at 1,000 kWh | Sign up |
|---|---|---|---|
| American Power & Gas – American Power & Gas of Ohio LLC 1 | Monthly | 6.89¢/kWh | Continue |
| Just Energy – Just Energy 12 | 12 months | 8.49¢/kWh | Continue |
| Provision Power & Gas LLC – Provision Power & Gas LLC 1 | Monthly | 8.59¢/kWh | Continue |
| Discount Power Inc – Discount Power Inc 1 | Monthly | 9.20¢/kWh | Continue |
| Utility Gas and Power – Utility Gas and Power 12 | 12 months | 9.99¢/kWh | Continue |
| GreenLight Energy – Greenlight Energy Inc. 1 | Monthly | 10.00¢/kWh | Continue |
| Median Energy Corp – Median Energy Corp 36 | 36 months | 10.20¢/kWh | Continue |
| CleanSky Energy – CleanSky Energy 24 | 24 months | 10.29¢/kWh | Continue |
| Nordic Energy Services LLC – Nordic Energy Services LLC 2 | 2 months | 10.60¢/kWh | Continue |
| SFE Energy – SFE Energy Ohio Inc 3 | 3 months | 10.78¢/kWh | Continue |
| Shipley Energy – Shipley Choice LLC 6 | 6 months | 10.82¢/kWh | Continue |
| Alpha Gas and Electric – Alpha Gas And Electric LLC 12 | 12 months | 11.35¢/kWh | Continue |
| XOOM Energy – XOOM Energy Ohio LLC 12 | 12 months | 12.19¢/kWh | Continue |
| SmartEnergy – SmartEnergy Holdings LLC 6 | 6 months | 13.00¢/kWh | Continue |
October’s Lorain Electricity Plans at a Glance
There’s no shortage of electricity plans in Lorain. A few worth looking at based on today’s market:
- American Power & Gas – American Power & Gas of Ohio LLC 1 (month-to-month): 6.89¢/kWh at 1,000 kWh.
- Just Energy – Just Energy 12 (12-month): 8.49¢/kWh at 1,000 kWh. Locks in your rate for 12 months.
Lorain Electricity Suppliers
We compare rates from 14 certified CRES providers active in Ohio Edison’s Lorain territory. Every supplier below offers plans to Lorain residents today.
Lorain Business Electricity Rates
Lorain’s economy blends manufacturing, maritime industries, healthcare (Mercy Regional Medical Center), and small businesses. Commercial customers access deregulated rates through Ohio Edison 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.
Lorain Electricity FAQ
Common questions about electricity rates, plans, and suppliers in Lorain and the Ohio Edison service area.
What is the cheapest electricity rate in Lorain right now?
Today’s cheapest: 6.89¢/kWh at 1,000 kWh in Lorain, offered by American Power & Gas (American Power & Gas of Ohio LLC 1). That’s well below the 10.35¢ average across 24 plans from 14 providers. Under the PUCO-regulated deregulated market, every provider delivers power over your local utility’s grid — your electricity is identical regardless of supplier. The gap between cheapest and average translates to roughly $35/month in savings.
What is the average monthly electric bill in Lorain?
A typical Lorain household using 1,000 kWh pays around $104/month at the average rate of 10.35¢/kWh. The U.S. Energy Information Administration (EIA) reports Ohio homes average 900 kWh/month. On the cheapest available plan at 6.89¢, supply costs drop to $69/month. Summer AC and winter heating drive the biggest monthly swings.
Who delivers electricity in Lorain?
your local utility handles all electricity delivery in Lorain — the physical infrastructure, meter reading, and outage response. Under the deregulated model regulated by the Public Utilities Commission of Ohio (PUCO), your EDU (your local utility) is separate from your supplier. Your choice of CRES (Competitive Retail Electric Service) provider only affects who bills you for the supply portion and at what rate.
How do I switch electricity providers in Lorain?
Compare rates from 14 providers, sign up with your preferred CRES (Competitive Retail Electric Service) provider, and that’s it. your local utility completes the switch in 1–2 billing cycles with no service interruption. Under PUCO regulations, switching is designed to be seamless — no technician visit, no equipment changes, no downtime. Same your local utility lines and meter, just a new supplier and rate.
Are there renewable energy plans in Lorain?
Yes — several Lorain providers offer plans with partial or full renewable energy content through Renewable Energy Certificates (RECs). These RECs match your usage with wind and solar generation on the PJM grid. No equipment changes are needed. your local utility delivers the power identically regardless of whether your plan includes renewable content. Check each plan’s contract summary for the exact renewable percentage.
How much are electricity delivery charges in Lorain?
your local utility’s delivery charges are regulated by the Public Utilities Commission of Ohio (PUCO) and identical for all Lorain customers, regardless of supplier. These fees cover transmission, distribution infrastructure, and grid maintenance. When comparing Lorain electricity plans, the rates shown at 1,000 kWh typically include delivery fees. Review each plan’s contract summary for the full breakdown of supply versus delivery costs.
Should I choose a fixed or variable rate plan in Lorain?
Fixed-rate plans lock your supply rate for a set term (typically 3–36 months), protecting you from seasonal price spikes on the PJM grid. Variable-rate plans can change monthly based on wholesale electricity costs. In Lorain, fixed plans currently start at 6.89¢/kWh. Most energy advisors recommend fixed rates for budget predictability, especially during peak-demand seasons when wholesale prices historically spike.
