Ohio · Investor Owned · investor
Ohio Power Co Electricity Rates
Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.
- 19.33¢
- Avg residential price / kWh
- 550.8K
- Residential customers
- +16.8%
- vs Ohio average
- $2,083
- Implied avg annual bill
Among 194 utilities with 100,000 or more residential customers, Ohio Power Co ranks #29 by average cents per kWh and #47 by residential customers. Ohio Power Co charged an average of 19.33¢ per kWh to residential customers in 2024 - above the Ohio average and above the Form 861 US customer-weighted average.
San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. Ohio Power Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is above the Ohio customer-weighted average (+16.8%). Its customers used near the national residential norm at about 10,775 kWh a year each.
- San Diego Gas & Electric Co 43.63¢ · customers rank #90
- Florida Power & Light Co 5,236,277 customers · price rank #122
Highest average rate is not the most customers
Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers
- FL size
Florida Power & Light Co
5,236,277 residential customers
- CA rate 307,982
San Diego Gas & Electric Co
307,982 residential customers
What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.
EIA Form 861 utility filing desk
Release OH-2024 · Ohio Power Co WELL ABOVE STATE
Ohio Power Co · Form 861 2024 · WELL ABOVE STATE
- RATE 19.33¢/kWh
- RANK #36/39
- VS-ST +16.8%
- VS-US +13.0%
- CUST 551k
- BILL $2,083
- OWN IOU
- PHOTO WI 0.09¢
- BOOK 47/194
Nearest Form 861 price peer: Wisconsin Electric Power Co (WI) (-0.09¢ gap)
EIA Form 861 residential filing stamps for this utility record. Read with this utility → · Ohio rates
Ohio Power Co in the Form 861 price neighbourhood
Average residential ¢/kWh among this utility and nearest indexable peers
- IN
Northern Indiana Pub Serv Co
19 ¢/kWh
- MI
Consumers Energy Co - (MI)
19 ¢/kWh
- MI
Great Lakes Energy Coop
19 ¢/kWh
- WI
Wisconsin Electric Power Co
19 ¢/kWh
- this util
Ohio Power Co
19 ¢/kWh
What this shows Ohio Power Co reports 19.33¢/kWh, corpus customer-rank 47 of 194.
RateWatt cost context
How Ohio Power Co compares on reported cost context
A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in Ohio; the state generation context is shown separately.
- Price against state peers
- 8/100
- Implied annual bill against state peers
- 34/100
- State renewable generation context
- 18/100
19.33¢/kWh · median 15.44¢/kWh
$2,083/yr · median $1,525/yr
8.1% · median 22.8%
Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.
Rate comparison
How this price compares
Ranked by price against the 39 utilities reporting residential rates in Ohio, Ohio Power Co comes 36th of 39. The state's range runs from City of Celina - (OH) at 9.12¢ to Sunnova at 30.00¢, so where a household sits inside Ohio depends far more on which utility serves it than on the statewide average alone.
Against the 5 other investor owned utilities reporting in Ohio, whose customer-weighted average is 15.79¢, Ohio Power Co is above its own ownership class within the state (+22.4%).
State price distribution
Where Ohio Power Co sits among Ohio utilities
2024 average residential price across the 39 utilities reporting a rate in Ohio
19.33¢/kWh 8th affordability percentile More affordable than 8% of 38 other utilities
average residential price, equal-width bands
Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.
Source EIA Form 861 · 2024
| Benchmark | Price / kWh | Difference |
|---|---|---|
| Ohio Power Co | 19.33¢ | - |
| Ohio (customer-weighted, 39 utilities) | 16.55¢ | +16.8% |
| US Form 861 customer-weighted average (1.5K utilities) | 17.11¢ | +13.0% |
| Investor Owned customer-weighted US avg (183 utilities) | 18.37¢ | +5.2% |
Rate against consumption: Ohio utilities
Territory and usage
Scale and consumption
Ohio Power Co reported 550.8K residential customers, ranking 1st of 39 utilities in Ohio by customers served and covering 27.8% of the state's reported residential customers.
Dividing reported residential sales by customers served gives about 10,775 kWh per customer per year - -1.9% against the Ohio median of 10,984 kWh , implying a typical annual bill near $2,083.
State peers
Every utility reporting in Ohio
All 39 utilities reporting bundled residential service in Ohio, largest first, with Ohio Power Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.
| Utility | Ownership | Customers | Avg ¢/kWh |
|---|---|---|---|
| Ohio Power Co (this page) | Investor Owned | 550.8K | 19.33¢ |
| Duke Energy Ohio Inc | Investor Owned | 294.1K | 15.00¢ |
| Ohio Edison Co | Investor Owned | 251.8K | 16.18¢ |
| Dayton Power & Light Co | Investor Owned | 132.5K | 15.32¢ |
| Cleveland Electric Illum Co | Investor Owned | 131.4K | 16.76¢ |
| South Central Power Company | Cooperative | 117.5K | 14.87¢ |
| The Toledo Edison Co | Investor Owned | 79.0K | 16.64¢ |
| City of Cleveland - (OH) | Municipal | 64.9K | 14.87¢ |
| City of Hamilton - (OH) | Municipal | 27.0K | 15.44¢ |
| Licking Rural Electric Inc | Cooperative | 25.8K | 16.88¢ |
| City of Cuyahoga Falls - (OH) | Municipal | 24.3K | 13.02¢ |
| Consolidated Cooperative | Cooperative | 16.9K | 16.11¢ |
| Buckeye Rural Elec Coop, Inc | Cooperative | 16.3K | 19.90¢ |
| Pioneer Rural Elec Coop, Inc - (OH) | Cooperative | 16.3K | 16.18¢ |
| City of Westerville - (OH) | Municipal | 15.7K | 13.19¢ |
| City of Columbus - (OH) | Municipal | 15.5K | 11.32¢ |
| Guernsey-Muskingum El Coop Inc | Cooperative | 15.3K | 18.00¢ |
| Lorain-Medina R E C, Inc | Cooperative | 15.2K | 17.26¢ |
| Holmes-Wayne Electric Coop Inc | Cooperative | 14.7K | 16.52¢ |
| City of Bowling Green - (OH) | Municipal | 13.1K | 15.36¢ |
| City of Wadsworth - (OH) | Municipal | 12.2K | 11.99¢ |
| City of Niles - (OH) | Municipal | 11.9K | 9.31¢ |
| Union Rural Electric Coop, Inc | Cooperative | 11.8K | 15.67¢ |
| Butler Rural Electric Coop Inc - (OH) | Cooperative | 11.4K | 18.16¢ |
| Hancock-Wood Electric Coop Inc | Cooperative | 11.3K | 17.05¢ |
| Midwest Electric, Inc - (OH) | Cooperative | 10.8K | 15.27¢ |
| City of Painesville | Municipal | 10.8K | 12.75¢ |
| City of Piqua - (OH) | Municipal | 9.8K | 12.85¢ |
| Paulding-Putman Elec Coop, Inc | Cooperative | 9.2K | 17.67¢ |
| City of Lebanon - (OH) | Municipal | 8.7K | 11.14¢ |
| North Central Elec Coop, Inc - (OH) | Cooperative | 8.4K | 17.09¢ |
| City of Celina - (OH) | Municipal | 7.6K | 9.12¢ |
| City of Orrville - (OH) | Municipal | 6.3K | 10.96¢ |
| City of Dover - (OH) | Municipal | 5.9K | 15.03¢ |
| Clyde Light & Power | Municipal | 2.8K | 12.10¢ |
| Midwest Energy Cooperative - (MI) | Cooperative | 863 | 19.47¢ |
| EverBright, LLC | Behind the Meter | 267 | 15.34¢ |
| Palmetto Solar, LLC | Behind the Meter | 21 | 19.21¢ |
| Sunnova | Behind the Meter | 4 | 30.00¢ |
For generation mix and price history statewide, see electricity rates in Ohio.
Ownership class peers
Investor Owned utilities with similar residential prices
Beyond Ohio, these indexable investor owned utilities report the closest residential averages to Ohio Power Co in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.
| Utility | State | Customers | Avg ¢/kWh |
|---|---|---|---|
| Wisconsin Electric Power Co | Wisconsin | 1.0M | 19.23¢ |
| Consumers Energy Co - (MI) | Michigan | 1.7M | 19.11¢ |
| Northern Indiana Pub Serv Co | Indiana | 430.6K | 19.09¢ |
| Rochester Gas & Electric Corp | New York | 294.1K | 18.76¢ |
| Potomac Electric Power Co | Maryland | 485.5K | 20.08¢ |
FAQ
Common questions about Ohio Power Co rates
- How much does Ohio Power Co charge per kWh?
- Ohio Power Co reported an average residential price of 19.33¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
- Is Ohio Power Co expensive compared with the rest of Ohio?
- Its average residential price is above the Ohio customer-weighted average of 16.55¢ per kWh, a difference of +16.8%. The state figure is weighted by customers across the 39 utilities reporting residential service in Ohio.
- What is the average electricity bill for Ohio Power Co customers?
- Dividing reported residential sales by residential customers gives about 10,775 kWh per customer per year. At the reported average price that implies roughly $2,083 a year, or about $174 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
- Who owns Ohio Power Co?
- EIA classifies Ohio Power Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.
Limitations
What this page does and does not tell you
- An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
- Form 861 presence is not evidence of availability at an address or of customer choice.
See our methodology and why energy prices vary .
Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.
Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.