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Compare energy rates in Cincinnati, Ohio.

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Ohio Business Energy Rates

Our online marketplace features the leading energy suppliers serving Cincinnati, Ohio.

AEP Energy
Agera Energy
APG&E
Capital.Energy
Constellation
Current Power & Gas
Crius Energy
Direct Energy
Dynegy
Entrust Energy
Freepoint Energy
Hudson Energy
Liberty Power
Marathon Energy
MP2 Energy
New Wave Energy
Plymouth Energy
Public Power
Santanna Energy
SFE Energy
TriEagle Energy
USG&E
Vista Energy

Business Electricity Rates in Cincinnati, Ohio

In 1999, Ohio deregulated the state’s electricity market giving Columbus based businesses the power to choose their electricity provider. The deregulated market forced energy suppliers to be more efficient and to compete for customers – offering an opportunity for businesses of all sizes to compare energy plans from top energy suppliers and shop for the best available rates.

In most cases, Cincinnati businesses that take advantage of the competitive market can more effectively manage their monthly electricity costs by switching energy providers, plans and rates, as needed.

What is PUCO?

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 was created to assure Ohioans adequate, safe and reliable public utility services at a fair price.

In doing so, PUCO impacts every business in Cincinnati – as it regulates all providers of utility services, including electric and natural gas companies, local and long distance telephone companies, water and wastewater companies, rail and trucking companies. Recently, the PUCO gained responsibility for facilitating competitive utility choices for Ohio consumers.

As Cincinnati business owner, it is important to understand that PUCO is also synonymous with the “Apples to Apples” energy comparison charts.

What is the difference between a Utility and an Energy Provider?

Utilities are the entities in charge of the operation and maintenance of the energy infrastructure, like wires and towers. The local utility in Cincinnati, AEP Ohio, is responsible for transporting electricity from the generators to residential homes and businesses in this specific region.

Energy providers in Ohio, like Direct Energy and Constellation 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.

What is energy choice?

Energy choice, also known as energy market deregulation, allows Cincinnati business owners to select their energy supplier. Ohio has been a deregulated market since January 1, 2001.

About Cincinnati, Ohio

Cincinnati is located in southwestern Ohio along the Ohio River. The city was founded in 1788, named after the Society of the Cincinnati, honoring George Washington. As of 2017, Cincinnati became a major shipping center due to its location on the Ohio River, specifically for pork processing. Winston Churchill once called Cincinnati “the most beautiful of America’s inland cities.”

Today, Cincinnati is home to major corporations including Procter & Gamble, Kroger, and Macy’s. It is currently one of the fastest-growing Midwestern economies and best described as a “midwestern industrial city with a southern country feel”.

Ohio Business Profile

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.

Cincinnati, Ohio Energy Profile

In Cincinnati, a wide variety of industries drive the local economy. These industries include manufacturing, wholesale and retail trade, insurance and finance, education and health services, government and transportation.

The city’s largest employer, The University of Cincinnati, has an economic impact of more than $3 billion.

Let EnergyBot do the homework so you don’t have to.

Compare business energy rates from the top energy suppliers in Cincinnati, Ohio.

Cities in Ohio