How The Toledo Edison compares with the utilities next door
| Utility | 2024 ¢/kWh | Customers | Δ vs The Toledo Edison, ¢/kWh | $/yr difference |
|---|---|---|---|---|
| Midwest Electric, Inc | 15.28 | 10,836 | -1.36 | -$147 |
| City of Bowling Green | 15.36 | 13,068 | -1.28 | -$138 |
| Ohio Edison Co | 16.18 | 251,751 | -0.46 | -$50 |
| The Toledo Edison Co (this page) | 16.64 | 79,007 | — | — |
| Hancock-Wood Electric Coop Inc | 17.05 | 11,307 | +0.41 | +$44 |
| North Central Elec Coop, Inc | 17.09 | 8,433 | +0.46 | +$49 |
| Paulding-Putman Elec Coop, Inc | 17.67 | 9,176 | +1.03 | +$112 |
| Ohio Power Co | 19.33 | 550,768 | +2.69 | +$291 |
7 bundled utilities (≥5,000 customers) share at least one county with The Toledo Edison. Positive $/yr = that utility's customers pay more than The Toledo Edison customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, while the supply portion is separately shoppable in Ohio (see below).
Where The Toledo Edison customers pay more (county benchmark)
| County | Cheapest utility in county | Their ¢/kWh | The Toledo Edison premium, $/yr |
|---|---|---|---|
| Lucas | City of Celina | 9.12 | +$812 |
| Sandusky | Clyde Light & Power | 12.10 | +$490 |
| Putnam | Midwest Electric, Inc | 15.28 | +$147 |
| Wood | City of Bowling Green | 15.36 | +$138 |
| Ottawa | Ohio Edison Co | 16.18 | +$50 |
| Seneca | Ohio Edison Co | 16.18 | +$50 |
Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies. In Ohio you can shop the supply portion regardless of county.
Rate trend and size
| Metric | 2023 | 2024 | Change |
|---|---|---|---|
| Average price, ¢/kWh | 15.40 | 16.64 | +8.0% |
| Residential customers | 88,417 | 79,007 | -10.6% |
Ownership: Investor Owned. Including delivery-only/third-party-supply accounts, The Toledo Edison serves 278,814 residential customers in OH. Statewide context: Ohio electricity rates.
Supply vs delivery on a The Toledo Edison bill
Ohio has residential electric supply choice: The Toledo Edison delivers the power and bills a default supply rate, but you may buy the supply portion from a licensed competitor instead. Compare offers against the price to compare on the state's official shopping site: energychoice.ohio.gov.
Electric and gas choice statewide (Energy Choice Ohio apples-to-apples charts; SSO/SCO = price-to-compare).
Counties served (OH, EIA-861 2024)
Defiance · Fulton · Henry · Lucas · Ottawa · Putnam · Sandusky · Seneca · Williams · Wood
Head-to-head comparisons
Questions people ask
- Is The Toledo Edison Co more expensive than other Ohio utilities?
- The Toledo Edison Co customers paid an average 16.64 cents/kWh in 2024 — in line with the Ohio volume-weighted average of 16.62 cents (EIA-861, bundled residential service).
- Can I switch away from The Toledo Edison Co?
- You cannot switch the wires company — distribution territory is fixed by address. Ohio does allow supply choice, so you can buy the supply portion of the bill from a licensed competitor via energychoice.ohio.gov if its offer beats the price to compare.
- How many customers does The Toledo Edison Co have?
- 79,007 residential customers in Ohio in 2024 across 10 counties, per its EIA-861 federal filing. Ownership type: investor-owned.