Electricity Rates in Sheffield lake, OH
Sheffield lake, 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 Sheffield lake
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Cleveland Electric Illum Co | 12.0¢/kWh | 13.0¢/kWh | Investor Owned |
| Ohio Edison Co | 12.0¢/kWh | 11.0¢/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 Sheffield lake
At 12.0¢/kWh, a typical Sheffield lake 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 Sheffield lake
Charging an electric vehicle at home in Sheffield lake 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 Sheffield lake, OH?
The average residential electricity rate in Sheffield lake, 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 Sheffield lake?
Sheffield lake is served by 2 electricity providers. Cleveland Electric Illum Co is the largest provider in the area, though rates and availability vary by specific address.
How do Sheffield lake electricity rates compare to the rest of Ohio?
Sheffield lake'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.