Shopping for electricity
Ohio's Electric Choice program lets you choose your supplier of electric generation. Your electric distribution utility (EDU) - either The Cleveland Electric Illuminating Company (The Illuminating Company), Ohio Edison Company (Ohio Edison), or The Toledo Edison Company (Toledo Edison) - continues to deliver electricity to your home as reliably as always. However, you now have the option of either keeping your EDU as your electric generation supplier or choosing a different company. To make it easier for you to weigh competing offers and determine your potential savings, your electric bill includes a Price to Compare feature.
What is the Price to Compare?
The Price to Compare is an estimate based on an average kWh for your rate category, updated quarterly. It is a comparison tool to help you decide if you can save money by choosing another electric generation supplier, also known as a competitive retail electric service provider (CRES). If a competing CRES's price per kilowatt-hour (kWh) is less than your listed Price to Compare, you can save the difference on every kWh you use by choosing that CRES.
In the future, your Price to Compare - as well as the amount you are credited if you shop - might be higher or lower, depending on a customer's usage and seasonal rate variances. The Price to Compare feature is currently available to residential customers only.
Where can I find my Price to Compare?
When shopping for a CRES, please keep handy your most recent The Illuminating Company, Ohio Edison, or Toledo Edison bill that includes your Price to Compare. This will make comparing offers easier. The bill also shows your customer number, which a CRES will need to enroll you as their customer. (09/19/07)
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