Why is My Ohio Electricity Bill So High? - BIG RATE INCREASES AFFECT YOUR BILLS
[Most Ohio electricity bills shot up on June 1 when PTC rates exploded. Save now and shop plans to lock in a cheaper fixed rate.]_Are your Ohio electricity bills are enough to make you scream? Learn ho to save on your energy bills. Shop now to lock in a cheaper fixed rate._
If you’ve missed the memo, standard service electricity rates went sky high in June [https://puco.ohio.gov/news/rising-energy-prices-2023]. Some of these rates have gone down a little bit since, but if you’re still paying the PTC rate, your wallet is hurting for it. After all, you could shop around for cheaper Ohio electricity rates [https://www.ohenergyratings.com/electricity-rates]. But if you’ve been wondering why your Ohio electricity bills have been so high, we've sorted through the details. Le't see what happened.
YOUR PTC RATES RAISED YOUR OHIO ELECTRICITY BILLS
Back in June, PTC rates rose all across Ohio. As a reminder:
* AEP OHIO [https://www.ohenergyratings.com/companies/aep-ohio] increased its rate from 7.49 cents per kWh to 11.84 cents per kWh. This was a 158% increase.
* The DUKE ENERGY [https://www.ohenergyratings.com/companies/duke] PTC rose from 6.44 cents per kWh to 10.17 cents per kWh. That’s a 157% increase.
* While AES OHIO [https://www.ohenergyratings.com/companies/dayton-power-light] PTC _decreased_ its rate from 10.91 cents per kWh to 10.81 cents per kWh, this was after their rates had go...
