Electricity Rates in Cincinnati, OH
Cincinnati, OH is in a deregulated electricity market with 2 providers available. The average residential rate is 12.0¢/kWh, 14.3% below the Ohio average of 14.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Cincinnati
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Butler Rural Electric Coop Inc - (OH) | 18.0¢/kWh | 16.0¢/kWh | Cooperative |
| Duke Energy Ohio Inc | 11.0¢/kWh | 8.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Cincinnati
At 12.0¢/kWh, a typical Cincinnati household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Cincinnati
Charging an electric vehicle at home in Cincinnati costs approximately $108.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Ohio
Frequently Asked Questions
What is the average electricity rate in Cincinnati, OH?
The average residential electricity rate in Cincinnati, OH is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.
Who provides electricity in Cincinnati?
Cincinnati is served by 2 electricity providers. Duke Energy Ohio Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Cincinnati electricity rates compare to the rest of Ohio?
Cincinnati's average rate of 12.0¢/kWh is 14.3% below the Ohio state average of 14.0¢/kWh. Residents enjoy some of the lower rates in the state.