Verified August 2026

Ohio business electricity rates, by utility

Ohio business supply rates range from 9.38¢ per kWh at Ohio Edison to 13.33¢ at AEP Ohio, while competitive suppliers are offering as low as 7.6¢. The gap is widest in AEP Ohio territory, at roughly 5.73¢ per kWh.

Figures taken from each utility's filed tariff rather than from press coverage, which usually quotes a residential rate no business pays. Reviewed on the first of each month.

Default business supply rates for the four major Ohio electric utilities, compared against the lowest competitive supplier rate as of August 2026
UtilitySupply rateGapDemand charge
AEP OhioColumbus, central Ohio13.33¢7.68800¢ energy + 5.64179¢ capacity, billed as two riders5.73¢None under 10 kW on Schedule GS-1
AES OhioDayton, southwest Ohio10.85¢Single Price to Compare, fixed through May 31, 20273.25¢$4.77/kW from the first kW — no exemption
Duke Energy OhioCincinnati, southwest Ohio10.70¢Price to Compare, up 6.1% from 10.0819¢3.10¢Applies above roughly 10 kW
Ohio EdisonAkron, northeast Ohio9.38¢2.1012¢ capacity + 7.2774¢ energy under Rider GEN1.78¢$19.6895 up to 5 kW, $7.5886/kW above
Lowest competitive supplier7.6¢—Suppliers do not set demand charges

Why the demand charge column matters

The supply rate is the half a business can shop. The demand charge is not — it is set by the utility and billed on a single peak reading, and the four tariffs treat it completely differently. A business under 10 kW pays none of it on AEP's Schedule GS-1, while every AES Ohio business pays it from the first kilowatt. Establishing which side of that line you are on decides whether switching suppliers is the right move at all.

Natural gas in Ohio

Gas was deregulated alongside electricity, but the default rate is reset every month against the market price rather than held for a year. Three utilities call it the Standard Choice Offer; Duke bills a Gas Cost Recovery rate under a Standard Service Offer, at roughly triple Enbridge's. These are August 2026 rates, the cheapest month of the year.

Default natural gas rates for Ohio's four gas utilities, August 2026
UtilityDefault rate per CcfTerritory
Enbridge Gas Ohio$0.3425 SCOCleveland, Akron and northeast Ohio
CenterPoint Energy Ohio$0.4566 SCODayton and west central Ohio
Columbia Gas of Ohio$0.4975 SCOColumbus, Toledo and much of central and western Ohio
Duke Energy Ohio$1.037 SSOCincinnati and southwest Ohio

Supply rates come from each utility's filed tariff with the Public Utilities Commission of Ohio. The competitive rate is the lowest offer listed on Apples to Apples — and what it does and doesn't tell a business, the regulator's own comparison tool. Gaps cover the supply portion only and exclude delivery, demand charges and taxes.

We also read the delivery tariffs in Texas — Oncor and CenterPoint, where the rules work nothing like Ohio's.