Electricity Rates in Toronto, OH
Residents of Toronto, OH benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. Ohio Power Co serves the area.
Electricity Providers in Toronto
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Ohio Power Co | 15.0¢/kWh | 10.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Toronto
At 15.0¢/kWh, a typical Toronto household spends approximately $1594.80/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 Toronto
Charging an electric vehicle at home in Toronto costs approximately $135.00/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 Toronto, OH?
The average residential electricity rate in Toronto, OH is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Toronto?
Toronto is served by 1 electricity provider. Ohio Power Co is the largest provider in the area.
How do Toronto electricity rates compare to the rest of Ohio?
Toronto's average rate of 15.0¢/kWh is 7.1% above the Ohio state average of 14.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.