How Much Can You Actually Save by Switching? Real Ohio Data

The Real Numbers

Savings vary widely depending on where you live, how much electricity you use, and how long you lock in a rate. Here's what Ohioans are actually seeing:

Conservative Estimate

If you're already on a competitive plan: $50-100/year

Moderate Estimate

If you're on a default utility plan in a competitive area: $200-400/year

Aggressive Estimate

If you're on a high-cost default plan (like FirstEnergy) and you lock in a fixed 24-month deal: $400-600+/year

What Factors Into Your Savings?

1. Your Current Rate

FirstEnergy customers typically see the biggest savings (they have higher default rates). Duke Energy and AEP customers typically see smaller savings.

2. Your Usage

Higher usage = higher absolute savings. A 1,200 kWh/month customer saves more than a 600 kWh/month customer, even if the per-kWh discount is the same.

3. Contract Length

Longer fixed contracts (24-36 months) tend to have lower rates than month-to-month plans. But you're locked in longer.

4. Time of Year

Suppliers lower rates during off-peak seasons and raise them during peak demand (winter heating, summer cooling).

Calculate Your Personal Savings

Use EnergyMonkey's calculator: upload a recent bill, and we'll tell you exactly how much you could save by switching to each available supplier. No guesses—real math based on your actual usage and location.