Electricity Rates in Ney, OH

Residents of Ney, 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 Ney

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:

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

Solar Savings in Ney

At 12.0¢/kWh, a typical Ney 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 Ney

Charging an electric vehicle at home in Ney 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 Ney, OH?

The average residential electricity rate in Ney, 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 Ney?

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

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

Ney'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.