EnergyBot rates are updated in real time. Partners don’t influence our content, but we may mention their plans. How we make money.
|
Provider
|
Term Length
|
Rate at 1,000kWh
|
|---|---|---|
|
9 months
|
4.79¢
|
|
|
12 months
|
7.09¢
|
|
|
4 months
|
7.29¢
|
|
|
9 months
|
8.60¢
|
|
|
8 months
|
8.79¢
|
|
|
12 months
|
10.40¢
|
|
|
12 months
|
10.47¢
|
|
Provider
|
Term Length
|
Rate
|
|---|---|---|
|
1 month
|
8.95¢
|
|
|
36 months
|
9.66¢
|
|
|
6 months
|
10.18¢
|
Source: EnergyBot (updated daily)
In 1999, Ohio deregulated the state’s electricity market giving Ohio based businesses energy choice – also known as the ability 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, Ohio businesses that take advantage of the competitive market can more effectively manage their monthly electricity costs by switching energy providers, plans and rates, at the end of their respective contracts.
In most cases, businesses will be able to effectively manage and/or reduce their monthly electricity costs by switching energy plans and providers every year.
If you are a business in the deregulated energy market of Cleveland you have energy choice, otherwise known as the ability to choose your electricity supplier and your energy rate. Deregulation ushered in competition as energy suppliers were forced compete for customers. To remain competitive, they had to become more efficient to offer business energy plans with more competitive energy rates.
Even though you have energy choice, it can still be a daunting task. Each zip code in Cleveland may offer a commercial customer a choice of hundreds of different energy plans from over 25 different energy suppliers. And although the intended result of deregulation was to lower prices for small businesses, medium businesses and larger enterprise level businesses, it’s not that simple. In many cases, comparing energy plan is still confusing due to the sheer number of plans available, promotional rates that are not apples-to-apples, and the legal fine print that details fees and penalties.
Commercial energy customers can maintain control over the process by reviewing their monthly usage and average monthly electricity bill. A good rule of thumb is to track the monthly energy usage and the total monthly bill.
If your average business electricity bill is under $500 per month, then you can get a very good energy rate for your business through a simple online comparison of energy rates. You can compare rates and sign up for a plan online at EnergyBot.
If your average commercial electricity bill is over $500 per month, then you will most likely get a more competitive energy rate through the custom energy quote process. The custom process is exactly that – by providing basic business information, energy usage and submitting a recent electricity bill – EnergyBot can leverage partnerships with suppliers to work on your behalf and secure the best energy rate for your business. Although it will take more time to complete, the custom quote process may deliver a lower energy rate that will add up to big savings for your business. Get a custom quote at EnergyBot.
In 7 years of working to demystify the energy industry, EnergyBot has helped over 100,000 customers. Whether you're looking to find the cheapest electricity rate, a stable contract that fits your budget, or plan for unique energy needs, we’ve been there to help. And we've gotten pretty darn good at it, with over 2,000 5-star reviews and millions in savings for our customers.
By pulling real energy usage data and sharing expert insights directly with you, we're empowering you to take control of your electricity bill. Whether that means cutting your monthly bill, improving energy efficiency, or both — we're always here to help.
Most importantly, we're here to help you save money. Not to sell you something you don’t need. We're paid a small commission fee by electricity providers when you sign a contract — not out of your rate. That means we can help you make the best energy decision for your home or business without taking a dime from your wallet.
