Lima, Ohio electricity rates - plans that match your needs

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Electricity Providers in Lima, Ohio

Lima is the state of Ohio's 39th most populated city. Competition is rife in the deregulated electricity market in Lima. Consumers can compare a number of different providers who sell electricity. Unfortunately, deregulated electricity markets are awash with fly by night companies with convoluted advertising methods. The Find Energy marketplace was created to help you search for an electricity plan from a respectable company that has easy to understand terms and no misleading marketing.

Deregulated areas necessitate the coverage of both utility companies, that are responsible for transmission, and Retail Electric Providers (REPs), who are in charge of procuring the electricity that a customer uses. Deregulated markets help allow the end user to have choices when it comes to the price they pay for electricity. However, there will only be one utility company who services your residential or business address. Customer choice breeds competition, as there are currently 8 REPs supplying electricity in Lima. We have compiled a list of of the most reliable providers who sell electricity in Lima.

Lima, OH Electricity Rates & Bills

Your electricity rate can be impacted by your usage or other factors if you have a variable plan. Being clear on what you should expect to pay can be close to impossible. We’ve done our best to show plans in our marketplace with simple rates and terms so that you are able to choose them confidently. The terms and conditions that comes with every plan should be viewed at in advance of buying a plan. Terms and conditions documents have price and term information clearly spelled out for you to fully understand what to expect after you purchase a new plan.

See below for current rate tendencies and historical rates in Lima.

Lima, Ohio Electricity Price Trends

Residential

Lima Averages

Rate15.08¢
Usage922 kWh
Bill$139

Ohio Averages

Rate12.35¢
Usage896 kWh
Bill$111

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Commercial

Lima Averages

Rate15.08¢
Usage922 kWh
Bill$139

Ohio Averages

Rate12.35¢
Usage896 kWh
Bill$111

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Lima, OH Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.141/kWh$0.080/kWh$161.11/mo.$70.81/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.141/kWh$0.080/kWh$161.11/mo.$70.81/mo.

Current Average Rates, Consumption & Bill Amounts in Lima, Ohio

  • The residential electricity prices in Lima are presently 15.08 cents per kilowatt-hour. The, while the Ohio average is 12.35 and the US average is 13.47.
  • Lima residents spend on average $139.09 for electricity each month. For comparison, the average state citizen pays $110.7 per month and the nationwide average is 119.32.
  • The commercial electricity rates in Lima are at present11.85 cents per kilowatt-hour, while the state average is 11.72 and the countrywide average is 10.55.
  • Lima businesses, on average, spend $501.66 a month on their electricity expense. The state of Ohio averages $310.64 per residence per month and the US average is 564.41 per month.

Residential

Commercial

Lima, OH Commercial Electricity

For business owners in Lima, not shopping around for the most competitive business electricity plans could be significantly costing you money. Find Energy does the hard parts! Our shopping experience is designed to be quick and painless. Receiving a rate that is better by just a few percentage points on your electricity plan for your business can result in thousands of dollars of savings a year. Both small and large businesses can profit greatly from confirming that they are getting the cheapest electricity plan available.

Our team has created a registry of some of the most attractive commercial electricity plans in the Lima area. For businesses with monthly expenses of a few thousand dollars or more, we can forward your account to service providers. These companies will bid against each other. Custom electricity plans enable establishments to have substantial savings, as well as lock in highly competitive rates for the long term. Don’t throw away sizeable savings by losing out on the most value-driven electricity rates in Lima.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


Here are a few reasons why you should compare your current rate against the deregulated market prices available in Lima:

  • Fixed-rate plans may lock in savings for years to come - Almost every single plan on our marketplace is a fixed rate plan, as our experience tells us that these sorts of plans are best for consumers. Fixed rate plans allow people to know exactly what they will be spending per kilowatt-hour every month and give them the ability to secure the lowest rates in the market, even when the price of electricity goes up.
  • Your power will not stop during the switching process - Your company will not experience any electricity service interruptions at any time during the changeover. In fact, the only thing you will notice is the much lower amount on your new bill!
  • The entire process takes just minutes - Our shopping process is created to be straightforward and painless for users. Just fill out your information. Once accomplished, we’ll take the reins and handle the rest of the process. Our goal is to make sure we secure your business the best electricity prices out there.
  • Zero “break up” call with your existing electric supplier - Find Energy handles the entire transition if you are not under contract. After submitting your information, the next step is to let us help you secure the best available plan for your establishment. You will have a reduced electricity bill for months to come. And even if you are under contract, Find Energy can still help you find and switch to a more attractive pricing plan.
  • Zero commitment to switch - Look around. Review your options. And let us get you the most attractive plans for your company. It doesn't get any simpler than that! If you don’t like the rates you receive from Find Energy, then you don’t have to do anything. You can continue on with your existing plan. Only make the switch if it makes perfect sense.

Find Energy makes the entire process hassle-free. Just type in your zip code on and answer a couple of short questions. These will help us to get started on our search for the best priced services for your company! After using Find Energy to buy your new rate, you will notice your company’s monthly electricity bills decrease by as much as 15% to 25%.

Lima, OH's Utility Company is AEP Ohio

AEP Ohio is in charge of providing electric utility services for the Lima area. This is important for residents to be familiar with. After all, this is the company that you must get in touch with in the event of a blackout. In case of a power outage, you can reach out to AEP Ohio at (800) 672-2231, or you can report a power interruption online using website.

Shop Electricity Providers by Zip Code in Lima, OH

  • 45805
  • 45801
  • 45804
  • 45807
  • 45806

Lima, OH Electricity FAQs

FAQ

What is the most affordable electricity supplier in Lima?

Direct Energy, at the moment, has the cheapest residential electricity plan at a price point of 9.59 cents per kilowatt-hour.

What is a fair electricity rate in Lima?

The best plan that can be bought in Lima is 9.59 cents per kWh, currently being provided by Direct Energy.

What electric utility company does Lima, Ohio use?

AEP Ohio is the primary utility company in Lima, but many other providers provide electricity in the deregulated Lima market. Below is a registry of our best providers selling electricity in the area:

How do I shop for a green electricity plan in Lima?

On FindEnergy.com, you can buy a 100% Green electricity plan quickly. Just search for electricity plans that indicate the 100% Green label.

How many electricity companies are in Lima?

Lima has 8 suppliers selling electricity within the city limits.

How do I pick an electricity provider in Lima?

The most convenient way to choose an electricity provider in Lima is to make use of Find Energy in comparing the different deals currently on the market. Similarly, you can look up all the different individual websites of each provider and research what plans they have currently. We’d start with these companies:

Who offers the lowest electricity plans in Lima?

Last Reviewed By: King Manalo
Published: 2021-03-16