In addition to the instant price quotes listed above, please feel free
to fax your latest commercial electricity bill to us at 303-200-8670
in order to obtain a custom quote to see if we can help you reduce
your electricity bill even further. Call us at 303-322-1234
if you have any questions.
Markets in Ohio
Ohio Edison – Purple area in the
northeast and a few other small areas
Cleveland Illuminating – Yellow
in the Cleveland area (5 to 6 competitive suppliers)
Toledo Edison – Orange in the
Duke Energy – Purple in the
Cincinnati area (3 to 5 competitive Suppliers)
(Duke tends to be highly priced)
Retail choice started in Ohio in 2001, and the full transition to
competition has continually been extended. In 2008, legislators again
tacked on several more years in the transition to full competition.
Most Ohio utilities continue to own electricity generation facilities,
but the FirstEnergy companies have sold off their power plants. The
utilities continue to own the transmission and distribution wires,
while also providing "backstop" power to customers who do
not choose alternate suppliers.
Customers can choose to receive their electric supply from their
utility, or an alternate electric provider. With the move to
competition, Ohio utilities have separated their service into two
|Regulated distribution of power,
which is still only provided by the utility|
|Supply of the electric commodity,
which is open to competition.|
Under new legislation, utilities are
required to develop "Electric Security Plans" to serve
customers who do not choose an alternative energy supplier. The
pricing under the electric security plan depends on the utility.
Under the security plans, customers will be responsible for a host of
new charges, including surcharges for energy efficiency, economic
development, new power plants, and updated and deferred fuel costs.
Additionally, the security plans propose deferring current costs into
the future. While this may keep rates low right now, customers will
have to pay interest on carrying costs for such deferrals, ultimately
raising rates. Choosing an alternative supplier may allow customers to
avoid some of these charges, but that is subject to the outcome of
pending cases at the Public Utilities Commission.
you would like to inquire about our business opportunities in Ohio, please
contact us directly at 303-322-1234
or visit our Opportunity
The Public Utilities Commission of Ohio has reformed the natural gas
industry to give customers a chance to shop for lower natural gas rates.
Customers at Dominion East Ohio, Columbia Gas, Duke Energy and Vectren
Energy Delivery have the ability to choose an alternative supplier for
their natural gas supply service. Their gas supply will still be delivered
by the local utility, but customers will be buying their gas supply from a
Customers can choose to receive their gas supply from their utility, or an
alternate gas provider. A customer's natural gas bill has been separated
into two parts:
|Regulated distribution of gas, which is
still only provided by the utility |
|Supply of the gas commodity, which is
open to competition|
Traditionally, local utilities arranged for
gas supply for their customers and charged a supply rate known as a Gas
Cost Recovery (GCR) rate. The rate could be compared to the rates charged
by alternate suppliers.
However, most of the local utilities are transitioning away from arranging
for gas supply for customers who don't choose an alternate provider, and
are doing away with the GCR rate. Under this process, utilities instead
will merely bill for gas supply that is arranged by another company.
Utilities are engaged in a multi-step transition with the first step being
auctioning off customers' supply needs to competing suppliers, rather than
the utility procuring the natural gas itself. Under the new process, the
utility no longer charges a GCR rate, but instead charges something new
called a "Standard Service Offer" rate, or SSO. The SSO is
similar to the GCR in that it is a supply price which customers should use
to compare offers from competitors. However, the SSO rate is set by
competing suppliers in the market via an auction and is based on the NYMEX
price for natural gas, unlike the GCR which was based on a utility supply
Dominion East Ohio and Vectren Delivery currently have Standard Service
Offer rates. Duke and Columbia still use GCRs but are moving towards using
the SSO. The customer sees little difference in the change, as they still
see a supply charge on their bill under both methods, and can still shop
for an alternate supplier under both methods.
Both the SSO and GCR change monthly, which means customers are exposed to
volatility. Choosing an alternate provider permits customers to lock-in a
cheap rate before the more expensive winter season.