Safe Harbor 18
Residential
- Rate 6.59¢ / kWh
- Contract Length 18 mo.
- Effective Date Aug 2023
- Green Energy 0%
- Plan seen in Ohio
- Terms and Conditions
Electricity Rates, Plans & Statistics
Illuminating Company serves electricity to 9 counties in Ohio including counties like Cuyahoga County, Summit County, Lorain County, Lake County, and Trumbull County. The entity is an investor owned entity. The average residential electricity price for Illuminating Company is roughly 15.87 cents per kilowatt hour. While this is lower than the Ohio average price of 15.92 cents per kilowatt hour, it is higher than the United States average of 15.64 cents. Of the 3,823,131 megawatt hours Illuminating Company sold and dispossessed, 3,779,301 were via sales to end users. Of the megawatt hours they sourced, 3,823,131 megawatt hours were purchased on the wholesale electricity market. In 2022, they made a total of $1,061,839,100 from business activities relating to the sale and transfer of electricity. They had revenue of $416,939,100 from retail sales to end users.
Consumers of the company pay an average residential electricity bill of $102.43. This is 22.81% below the nationwide average bill of $132.69. Electricity production is not part of the Illuminating Company business plan, as they purchase electricity at wholesale rates and then resell to their consumers.
Consumers of Illuminating Company are able to take advantage of net metering solutions, which is a positive for both parties. This makes it easier for people to install solar and other electricity options as they have the ability to sell extra kilowatt hours back to their electricity provider.
Illuminating Company loses electricity at a rate of 0.54% of their generation due to heat dissipation and other causes. The state of Ohio has an energy loss average of 2.38% and the national average is 2.87%, giving Illuminating Company a rank of 12th best out of 165 providers who report energy loss in the state.
Illuminating Company residential electric rates are highest in January and the highest average bill is in July.
Find out which plans are best for your home or business in your area and send a change request in minutes.
Illuminating Company offers a total of 9 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Illuminating Company's energy loss due to business operations.
Total Energy Loss
20,755MWh
71 National Rank
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Ohio | 288,217 | 496,401,139 | 7 | 100% |
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Ashtabula County | 97,014 | 51 | 18.41 | $138.18/mo |
Cuyahoga County | 1,236,041 | 52 | 18.45 | $137.01/mo |
Geauga County | 95,469 | 51 | 18.48 | $137.57/mo |
Lake County | 231,842 | 50 | 18.49 | $137.36/mo |
Lorain County | 316,268 | 56 | 18.06 | $141.79/mo |
Medina County | 183,512 | 55 | 18.05 | $141.80/mo |
Portage County | 161,745 | 51 | 18.09 | $141.14/mo |
Summit County | 535,882 | 53 | 18.08 | $140.85/mo |
Trumbull County | 200,643 | 54 | 18.09 | $140.99/mo |
* City coverage generated based on government data. Always verify you can get service from the provider.
The current CEO of Illuminating Company is Steve Strah.
Illuminating Company serves electricity to 105 cities.
Consumers of Illuminating Company pay, on average, a monthly bundled bill of $102.43.
Illuminating Company is a subsidiary of First Energy.
Customers of Illuminating Company, on average, have an electricity bundled rate 15.87 cents per kilowatt hour (¢/kWh).
There are 9 counties that receive at least some electricity coverage by Illuminating Company including Ohio.
Illuminating Company's customer service phone number is (800) 633-4766