Toledo Electricity Rates

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Today's Cheapest Toledo Electricity Rates

In Toledo, 13 certified suppliers are posting 24 residential plans. The cheapest is 6.89 cents per kWh; the market average is 10.47¢.

Updated October 27, 2026 @ 1:09 PM CT. Showing the cheapest plan per provider in Toledo, ranked by rate at 1,000 kWh. See each plan’s EFL for details.
Plan NamePlan LengthRate at 1,000 kWhSign 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 10.40¢/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 11.59¢/kWh Continue
XOOM Energy – XOOM Energy Ohio 24 months 11.99¢/kWh Continue
SmartEnergy – SmartEnergy Holdings 6 months 13.00¢/kWh Continue
Toledo electricity rate distribution chart showing 24 plans from 6.9¢ to 14.0¢ per kWh
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Highlighted Toledo Electricity Plans for October

Several electricity providers are offering competitive rates in Toledo right now. Here are a few that stand out:

  • 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.
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Toledo Electricity Suppliers

We compare rates from 13 certified CRES providers active in Toledo Edison’s Toledo territory. Every supplier below offers plans to Toledo residents today.

American Power & Gas
CRES · Toledo
Just Energy
CRES · Toledo
Provision Power & Gas
CRES · Toledo
Discount Power
CRES · Toledo
Utility Gas and Power
CRES · Toledo
GreenLight Energy
CRES · Toledo
Median Energy
CRES · Toledo
Nordic Energy Services
CRES · Toledo
Shipley Energy
CRES · Toledo
SFE Energy
CRES · Toledo
Alpha Gas and Electric
CRES · Toledo
XOOM Energy
CRES · Toledo
SmartEnergy
CRES · Toledo
04

Toledo Business Electricity Rates

Toledo’s economy blends manufacturing (glass, automotive), healthcare (ProMedica, Mercy Health), logistics, and solar energy manufacturing. Commercial customers access deregulated rates through Toledo 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.

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Toledo Electricity FAQ

Common questions about electricity rates, plans, and suppliers in Toledo and the Toledo Edison service area.

What is the cheapest electricity rate in Toledo right now?

Right now, Toledo rates start at 6.89¢/kWh for 1,000 kWh usage, offered by American Power & Gas (American Power & Gas). With 24 plans from 13 providers, the average is 10.47¢/kWh. That’s a 34% spread between cheapest and average. All providers are licensed by the Public Utilities Commission of Ohio (PUCO) and deliver power over your local utility’s grid. The cheapest plan saves approximately $36/month at standard usage.

What is the average monthly electric bill in Toledo?

For standard usage of 1,000 kWh, Toledo homes pay about $105/month in supply charges at the 10.47¢/kWh average rate. The EIA reports Ohio residential usage averages 900 kWh/month. your local utility’s delivery fees add to the supply charge. The cheapest plan at 6.89¢ reduces supply costs to $69/month.

Who delivers electricity in Toledo?

All Toledo electricity flows through your local utility’s distribution network. As the PUCO-regulated EDU for this area, your local utility handles power lines, meters, outage repair, and storm response. When you switch providers, your local utility continues delivering your power exactly the same way. Only your supply rate and billing change.

How do I switch electricity providers in Toledo?

Compare rates from 13 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 Toledo?

Yes — several Toledo 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 Toledo?

your local utility’s delivery charges are regulated by the Public Utilities Commission of Ohio (PUCO) and identical for all Toledo customers, regardless of supplier. These fees cover transmission, distribution infrastructure, and grid maintenance. When comparing Toledo 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 Toledo?

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 Toledo, 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.