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
Toledo Edison is an investor owned company headquartered in Holland, Ohio and serving customers in 10 counties in Ohio such as the counties of Lucas County, Wood County, Sandusky County, Seneca County, and Fulton County. At the moment, 90,578 customers are provided electricity by the supplier. These customers are a mix of 0.08% industrial accounts, 8.37% commercial customers and 91.55% residential accounts. Toledo Edison's customers are billed an average residential electricity price of 16.80 cents per kilowatt hour. This is 6.62% above the nationwide average price of 15.76 cents, resulting in the company ranking 2484th best for average electricity price out of 2892 providers in the nation. The company had sales of 2,152,732 megawatt hours in 2022 sold to end users. Wholesale power purchases made up 100.00% of the total electricity sourced by the company . Exactly 2,331,807 megawatt hours were purchased on wholesale channels. In 2022, the supplier made 46.30% of their revenue from retail electricity sales.
Patrons of the supplier pay an average monthly residential electric bill of $123.31. This is 16.41% below the Ohio average bill of $145.51. The electricity grid owned by the company experiences an average of 0.98 outages per consumer a year, with outages lasting roughly 95.44 minutes. The nationwide average for other providers is 1.45 outages per customer and 171.11 minutes an outage. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates to then be resold to their consumers.
Customers of Toledo Edison can take advantage of net metering solutions, which is a positive for both parties. Without net metering, solar panel installation is significantly less economically realistic, as citizens have no way to sell extra energy back into the infrastructure system.
Energy loss is a fact of life when dealing with electricity transmission. Toledo Edison currently averages a loss of about 7.43% of the aggregate electricity they produce. Toledo Edison's energy loss amounts give them a rank of 58th best out of the 165 providers that operate in Ohio and report energy loss and 1294th best out of 3526 in the US.
Toledo Edison residential electric rates are highest in June and the highest average bill is in July.
Find out which plans are best for your home or business in your area and send a change request in minutes.
Toledo Edison offers a total of 9 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Toledo Edison's energy loss due to business operations.
Total Energy Loss
173,204MWh
1294 National Rank
Length & Frequency of Toledo Edison's Power Outages
95.44 min.
vs. national average of 171.11 min.
0.98 outages/yr
vs. national average of 1.45
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Ohio | 90,578 | 174,550,006 | 12 | 100% |
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Defiance County | 38,329 | 56 | 21.66 | $158.29/mo |
Fulton County | 42,709 | 51 | 21.32 | $154.38/mo |
Henry County | 27,618 | 58 | 21.30 | $153.42/mo |
Lucas County | 426,643 | 49 | 21.35 | $151.97/mo |
Ottawa County | 40,479 | 54 | 21.18 | $151.98/mo |
Putnam County | 34,395 | 57 | 22.41 | $169.23/mo |
Sandusky County | 59,013 | 59 | 21.47 | $156.13/mo |
Seneca County | 55,166 | 57 | 22.25 | $167.17/mo |
Williams County | 37,026 | 55 | 21.20 | $155.27/mo |
Wood County | 131,592 | 65 | 21.30 | $156.11/mo |
* City coverage generated based on government data. Always verify you can get service from the provider.
Toledo Edison's customer service phone number is (800) 447-3333
First Energy is the owner of Toledo Edison.
The average bundled rate of electricity for consumers of Toledo Edison is 16.80 cents per kilowatt hour (¢/kWh).
Toledo Edison has customers in 58 cities.
Currently, the average monthly bundled electric bill for customers of Toledo Edison is $123.31. The state average bundled bill is $145.51 and the nationwide average is $145.51.
Toledo Edison supplies electricity to customers in 10 counties.
Toledo Edison's CEO is Steven E. Strah.
The average number of minutes for an outage for Toledo Edison's consumers is 95.439 minutes.