State electricity profile · 2024

Ohio Electricity

Homes in Ohio pay 15.99¢/kWh for residential electricity, 3% below the US average. Further down: commercial and industrial rates and the generation mix, all EIA-sourced.

15.99¢/kWh
Residential rate
-3.0%
vs US average
5%
Renewable
5.1M
Customers

The verdict · 2024

Ohio's residential electricity runs 15.99¢/kWh - 3% below the 16.48¢/kWh national average, cheaper than 33% of states, with 5% of its power from renewables.

Rate is the EIA state average across all 5.1M residential customers, a benchmark for comparing states, not the rate on any single bill. Source: EIA Form-861.

What Ohio's Electricity Data Tells Us

Ohio's residential rate stands at 15.99¢/kWh for 2024, serving 5.1M metered households, which puts it 3% under the national residential average of 16.48¢/kWh. Commercial rates sit at 10.66¢/kWh, and industrial power costs 7.10¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. Annual residential sales total 52.2M MWh on roughly $8.3B in utility revenue, a useful yardstick for sizing local demand against the grid mix that serves it.

59.9% of Ohio's in-state generation traces back to natural gas, the leading source; in second place is coal, at 21.2% and nuclear in third at 12.6%. Ohio's renewable share, spanning solar, wind, hydro, geothermal, and biomass, sits at 5.5% of total output, a figure that matters because each renewable megawatt-hour displaces fuel costs that otherwise flow through to retail bills. Legacy fuels still dominate here, which tends to tie retail rates to commodity cycles.

Looking back across EIA records, residential prices in Ohio moved from 12.47¢/kWh in 2016 to 15.99¢/kWh in 2024, a 28.2% shift over that window. Comparable-priced neighbors include Illinois, Minnesota, Delaware, which gives a peer set for sanity-checking local quotes. For anyone negotiating a supplier contract, weighing an energy-efficiency upgrade, or modeling a household budget, the combination of current rate, multi-year trend, and generation mix offers a sturdier footing than any single data point on its own.

-3.0%

vs the US residential average

33%

of states have higher residential rates

5%

renewable share, below the US mix

5.1M

residential customers served

How Ohio compares

Residential
Ohio 15.99¢
US average 16.48¢
-3% vs benchmark
Commercial
Ohio 10.66¢
US average 12.75¢
-16% vs benchmark
Industrial
Ohio 7.10¢
US average 8.13¢
-13% vs benchmark

Cents per kWh, EIA Form 861. Pick a benchmark above to compare Ohio against the US average or a peer state.

Residential Price History

Year Price Change
2024 15.99¢/kWh +4.0%
2023 15.38¢/kWh +11.0%
2022 13.85¢/kWh +8.5%
2021 12.77¢/kWh +3.9%
2020 12.29¢/kWh -0.7%
2019 12.38¢/kWh -1.4%
2018 12.56¢/kWh -0.6%
2017 12.63¢/kWh +1.3%
2016 12.47¢/kWh -

Energy Generation Mix

How Ohio generates its electricity. Renewable sources account for 5.5% of generation.

  • Natural Gas59.9%
  • Coal21.2%
  • Nuclear12.6%
  • Solarrenewable3.2%
  • Windrenewable2.0%
  • Petroleum0.8%
  • Hydrorenewable0.3%

Market Overview

Residential Revenue

$8.3B

Commercial Revenue

$5.4B

Residential Sales

52.2M MWh

Residential Customers

5.1M

Frequently Asked Questions

How much does electricity cost in Ohio?
Residential electricity in Ohio costs 15.99¢/kWh (2024), which is 3% below the national average. Commercial rate: 10.66¢/kWh. Industrial rate: 7.10¢/kWh.
How much of Ohio's electricity is renewable?
Renewable sources account for 5.5% of Ohio's electricity generation (2024). The top source is natural gas at 59.9%.
Are electricity prices going up in Ohio?
From 2016 to 2024, residential electricity in Ohio changed from 12.47¢/kWh to 15.99¢/kWh (+28.2%).
What are commercial and industrial electricity rates in Ohio?
Commercial electricity in Ohio costs 10.66¢/kWh and industrial costs 7.10¢/kWh (2024).
What is the cheapest energy source in Ohio?
Ohio's electricity generation is led by natural gas at 59.9% of the mix, followed by coal at 21.2% (2024). Nationally, natural gas and renewables like wind and solar tend to have the lowest marginal generation costs.
Where does RateWatt's Ohio electricity data come from?
All electricity price and generation data comes from the U.S. Energy Information Administration (EIA), the official federal statistics agency for energy data. Data is updated annually.

Using Ohio's numbers

This is the state average, use it as a benchmark, not a quote for your address.

  • Ohio sits 3% below the national average, see exactly where it lands among all 50 states. See the rankings
  • Check the multi-year trend before you judge the rate, a low price rising fast can cost more over a decade than a steady one. Ohio price trend
  • Compare Ohio side by side with the US average and peer states using the tool above, then estimate your own bill from your monthly kWh. Cost calculator

Figures are EIA state averages by sector. Your actual rate depends on your utility, plan, and usage, see our disclaimer.

Source: U.S. Energy Information Administration, Electricity (Retail Sales and State Electricity Profiles). See our methodology for details. Retrieved and formatted by RateWatt Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Energy Information Administration (EIA). Consult 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. State prices and generation mix are pulled directly from the EIA's published tables for this state. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.