Electricity Rates in Holland, OH

Residents of Holland, OH benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The Toledo Edison Co serves the area.

Avg. Residential Rate 12.0¢/kWh
vs. Ohio Avg. -14.3%
vs. National Avg. -32.5%
Providers 1

Electricity Providers in Holland

Utility Residential Rate Commercial Rate Type
The Toledo Edison Co 12.0¢/kWh 12.0¢/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:

Holland monthly bill $106.32
Holland annual cost $1275.84
Ohio avg. monthly $124.04
National avg. monthly $157.53

Solar Savings in Holland

At 12.0¢/kWh, a typical Holland household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Holland

Charging an electric vehicle at home in Holland 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.

Frequently Asked Questions

What is the average electricity rate in Holland, OH?

The average residential electricity rate in Holland, 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 Holland?

Holland is served by 1 electricity provider. The Toledo Edison Co is the largest provider in the area.

How do Holland electricity rates compare to the rest of Ohio?

Holland'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.