StateRates

The Toledo Edison Co electricity rates

The Toledo Edison Co charges an average of 16.64 cents per kilowatt-hour to residential customers, and the average household on its system paid $123 a month using 740 kilowatt-hours, according to its 2024 filing with the U.S. Energy Information Administration.

Investor-owned utility PJM Ohio

Average rate 16.64¢ per kWh · -14.8% vs state
Average bill $123 per month · -20.8% vs U.S.
Average usage 740 kWh per month
Residential customers 79,007 #11 priciest of 35 in Ohio

Where The Toledo Edison Co sits

It serves 79,007 residential customers in Ohio. At 16.64¢ per kilowatt-hour it is one of the cheaper places to buy electricity in Ohio, 14.8% under the statewide average of 19.52¢.

Consumption here is below the national norm at 740 kilowatt-hours a month against 871, which softens the effect of the rate on the final bill.

A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. 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.

The Toledo Edison Co against the averages
Rate Monthly bill Monthly kWh
The Toledo Edison Co 16.64¢ $123 740
Ohio average 19.52¢ $157 878
United States average 18.44¢ $155 871

Utility figures: U.S. Energy Information Administration, Form EIA-861 annual electric power industry report, 2024. State and national figures: Electric Power Monthly, May 2026. Methodology

Where The Toledo Edison Co delivers

Its service territory covers 10 Ohio counties, either wholly or in part. Utility boundaries follow historic franchise agreements rather than county lines, so a county appearing here does not mean every address in it is served by The Toledo Edison Co.

  • Defiance
  • Fulton
  • Henry
  • Lucas
  • Ottawa
  • Putnam
  • Sandusky
  • Seneca
  • Williams
  • Wood

How often the power goes out

In 2024 the average The Toledo Edison Co customer went 121 minutes without electricity across 1.03 interruptions. 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.

Minutes without power 121 per customer, per year · median 185
Interruptions 1.03 per customer, per year
Average outage length 117 minutes per interruption

Optional rate plans

The Toledo Edison Co offers time-of-use pricing to residential customers. 38 households were enrolled, about 0.1% 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.

Rooftop solar on this system

636 residential customers had net-metered solar in 2024, totalling 4.82 megawatts. That works out to 8 installations per thousand customers, against a median of 8 across the utilities reporting it.

Adoption is above the national median, which generally tracks the retail rate more closely than it tracks sunshine. What exports are actually worth.

Other Ohio utilities

Compare against neighbouring systems
Utility Rate Bill Customers
Ohio Power Co 19.33¢ $174 550,768
Duke Energy Ohio Inc 15.00¢ $133 294,084
South Central Power Company 14.87¢ $160 117,469
City of Cleveland 14.87¢ $73 64,914
City of Hamilton 15.44¢ $120 26,964

The Toledo Edison Co rates: common questions

How much does The Toledo Edison Co charge per kilowatt-hour?

An average of 16.64 cents per kilowatt-hour across its residential customers in 2024. That is -14.8% against the Ohio average of 19.52¢ and -9.8% against the national average of 18.44¢. It is an all-in average across every residential rate schedule the utility offers, not a specific tariff.

What is the average The Toledo Edison Co bill?

$123 a month, based on total residential revenue divided by residential customers over the 2024 survey year, at an average of 740 kWh a month. The national average bill is $155 at 871 kWh.

Who owns The Toledo Edison Co?

It is classified by the EIA as a investor-owned utility. A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested.

Is The Toledo Edison Co expensive compared with other Ohio utilities?

It ranks #11 of the 35 Ohio utilities covered here, counting from the most expensive. Nationally it ranks #229 of 1369.