*Energy rates change daily
In 1999, Ohio deregulated the state’s electricity market giving Ohio businesses the power to choose their electricity provider from a Certified Retail Electric Supplier (CRES). For businesses of all sizes – from small businesses to medium-size to enterprise level, the Ohio deregulated market has enabled competition. Today, a business owner and/or decision-maker, has the ability to compare energy plans from top energy suppliers in a specific area and shop for the best rate available.
In most cases, businesses will be able to effectively manage and/or reduce their monthly electricity costs by switching energy plans (and providers) every 12 months.
The Public Utilities Commission of Ohio, known as PUCO, is the public utilities commission of the U.S. state of Ohio, charged with the regulation of utility service providers, including electricity, natural gas, and telecommunications.
PUCO affects every household in Ohio. That's because the PUCO regulates providers of all kinds of utility services, including electric and natural gas companies, local and long distance telephone companies, water and wastewater companies, rail and trucking companies. The PUCO was created to assure Ohioans adequate, safe and reliable public utility services at a fair price. More recently, the PUCO gained responsibility for facilitating competitive utility choices for Ohio consumers.
As an Ohio resident or business owner, it is important to know that PUCO is also synonymous with the Apples to Apples energy comparison charts.
Utilities are the entities in charge of the operation and maintenance of the energy infrastructure, like wires and towers. The local utilities in Ohio are Cleveland Illuminating Company, AEP Energy, Dayton Power and Light, Duke Energy, Ohio Edison, and Toledo Edison. Each utility is responsible for transporting electricity from the generators to residential homes and businesses in their specific region of Ohio.
Energy providers in Ohio, like Public Power, Entrust, and Direct Energy are the competitive energy retailers. Each energy provider buys energy from the wholesale market (the generators) and then re-sells it to consumers (homeowners, renters, and businesses).
In most cases, the consumer, the homeowner, renter, or business, signs a contract with an energy provider for a specific energy plan. The basic energy plan details the rate class, the energy rate per kWh, the contract term length (6, 12, 24, 36 months), and other contract terms like cancellation fee policy.
Energy choice, also known as energy market deregulation, allows Ohio business owners and decision makers to choose a specific energy supplier and energy rate for their respective business. Ohio has been a deregulated market since Senate Bill 3 passed in July 1999. The law took effect in Ohio on January 1, 2001.
Ohio small businesses employed 2.1 million people and grew by 11,689 net jobs in the latest SUSB census in 2013. The 2.1 million employees represent 46.2% of the total employees in Ohio. In total there 927,691 small businesses in Ohio making up 97.9% of the total businesses in the state.
927,691 Small Businesses
2.1 million small business employees (46.2% of the total workforce)
Coal is the states primary energy source
Firms with fewer than 100 employees have the largest share of small business employment.
Health Care and Social Assistance
Accommodation and Food Service
EnergyBot is an online marketplace that helps businesses quickly and easily compare energy suppliers, plans, and rates in their area. With the simple goal to help businesses switch to the best energy for their business, EnergyBot cuts out the middleman – energ consultants and energy brokers, and enables businesses to switch online. EnergyBot also eliminates the fees and sales commissions that businesses may pay when using a traditional energy broker.
In Ohio, energy brokers may advertise promotional rates and offer their services free of charge – which is not exactly the truth. Most energy brokers “bake in their commissions and fees” into the energy rate (per kWh) that businesses will pay – which means that a business may pay a higher rate than necessary when using a broker. EnergyBot rates are simple and transparent and published on our site every day for businesses to review and compare.
The goal of energy market deregulation was to create competition among energy suppliers so that they would be more efficient and ultimately offer lower, more competitive rates, to consumers. Unfortunately, most businesses and residential consumers have found that comparing energy plans is overly complicated and confusing.
EnergyBot makes energy simple. With a fast and transparent online experience, businesses can now compare plans and select an energy rate in just a few minutes. With basic information about your business and energy usage, EnergyBot will quickly compare current rates from top energy suppliers and provide a list of recommended plans for your business. Switching to a new energy plan is now as easy as booking a flight online.
EnergyBot makes it easy to switch energy providers. Simply visit our website, compare and select energy plans in your area, submit the necessary business information, and then upload your most recent energy bill. The EnergyBot team will seamlessly work with your new supplier to make the switch to the new energy plan. And the energy service to your business will continue without interruption.
You will pay your electricity bill directly to your local utility company. EnergyBot will never send you a bill.
We are an online marketplace that connects businesses with the cheapest energy rate. We make the buying process simple and transparent.
Select your new plan, we will work with your new supplier to setup your new energy contract, your service continues without interruption.
EnergyBot is constantly aggregating data from top energy suppliers and publishing the energy rates for each zip code. The EnergyBot Rate is the best energy rate that we can find for your business.