Lorain-Medina R E C, Inc electricity rates

It is a smaller system, serving 15,234 residential customers, which means its fixed costs are spread across a narrow base. Its 17.26¢ per kilowatt-hour sits 11.6% below the Ohio average of 19.52¢.

Its customers use more electricity than the national norm, 1,163 kilowatt-hours a month against 871, which amplifies whatever the rate does.

Owned by the customers it serves, with directors elected by members. Co-ops are frequently outside state rate regulation. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

In 2024 the average Lorain-Medina R E C, Inc customer went 159 minutes without electricity . The median across the 941 utilities that report this is 185 minutes.

That is better than the typical American utility, though the figure includes major storm days and can move sharply from one year to the next.

Lorain-Medina R E C, Inc offers time-of-use pricing to residential customers. 15,234 households were enrolled, about 100% of its residential base.

These plans are opt-in almost everywhere. They reward households that can move laundry, dishwashing, water heating or electric vehicle charging out of the late-afternoon peak, and they cost more than the standard rate for households that cannot. How to tell which group you are in.