How to compare electric companies
Utility numbers are easy to line up and easy to misread. This is how to compare them fairly.
Step 1: check you can choose
In most places the wire company is fixed by address. You can choose a supplier only in states with retail choice, and then the price you pay is the supplier's. This site compares the utilities EIA surveys, not supplier plans. See the TDU and REP guide for how the split works.
Step 2: compare price and reliability together
Eight large Ohio utilities, 2024. Price is revenue divided by kWh, SAIDI is minutes without power without major events.
| Utility | Owner type | Home accounts | Price ¢/kWh | SAIDI min | SAIFI |
|---|---|---|---|---|---|
| Ohio Power Co | Investor Owned | 1,339,232 | 14.35 | 158 | 0.99 |
| Ohio Edison Co | Investor Owned | 957,780 | 9.55 | 114 | 1.03 |
| Duke Energy Ohio Inc | Investor Owned | 693,435 | 10.83 | 103 | 0.80 |
| Cleveland Electric Illum Co | Investor Owned | 676,098 | 9.41 | 150 | 1.11 |
| Dayton Power & Light Co | Investor Owned | 478,741 | 8.54 | 106 | 0.87 |
| The Toledo Edison Co | Investor Owned | 278,814 | 10.24 | 95 | 0.94 |
| South Central Power Company | Cooperative | 117,469 | 14.87 | 201 | 1.69 |
| City of Cleveland | Municipal | 64,914 | 14.87 | 170 | 1.08 |
Source: EIA-861 2024, Sales_Ult_Cust and Reliability; Ohio utilities with 20,000+ home accounts and reported SAIDI. Retrieved 2026-10-02. CSV, 8 rows.
Step 3: read the gaps
United States, Home prices of utilities in Ohio, 2024: EIA-861 survey.
CSVAmong these eight the lowest price is 8.54 cents and the highest 14.87. A gap of 6.32 cents on 900 kWh is about $57 a month. Fewer minutes of SAIDI is better, but check how many years the utility reported. One year can be dominated by a single storm.
Step 4: know the limits
Delivery-only customers lower some averages, co-ops and municipal utilities have different cost bases, and a price is not a quote. The price column mixes customer types in states where part of a utility's customers buy energy elsewhere.
Does owner type predict price?
The medians below cover every utility with 5,000+ home accounts. They describe groups, not any one company: spread inside each group is wide.
| Owner type | Utilities | Median price ¢/kWh | With SAIDI | Median SAIDI min |
|---|---|---|---|---|
| Cooperative | 510 | 13.73 | 341 | 144 |
| Investor Owned | 129 | 15.54 | 105 | 104 |
| Municipal | 350 | 12.39 | 181 | 40 |
Source: EIA-861 2024; utilities with 5,000+ home accounts. Price is revenue over kWh as reported, SAIDI without major events. Retrieved 2026-10-02. CSV, 3 rows.
A fair comparison checklist
Same year. Same customer class. Same state or neighboring states. Price and SAIDI together, not one alone. Size of utility noted. Owner type noted. Then check your own bill against the average: your plan, your use and your fixed charges decide what you pay.
Key facts and where they come from
| Fact | Value | Source | Date |
|---|---|---|---|
| Ohio utilities compared | 8 | EIA-861 2024 | 2024 data |
| Lowest price among them | 8.54 cents | EIA-861 2024 | 2024 data |
| Highest price among them | 14.87 cents | EIA-861 2024 | 2024 data |
| Gap on 900 kWh | $57 a month | Computed | 2024 data |
| Median home price, Cooperative utilities | 13.73 cents | EIA-861 2024 | 2024 data |
| Median home price, Investor Owned utilities | 15.54 cents | EIA-861 2024 | 2024 data |
| Median home price, Municipal utilities | 12.39 cents | EIA-861 2024 | 2024 data |
| Median SAIDI, Cooperative utilities | 144 minutes | EIA-861 2024 | 2024 data |
Related guides
Questions
Can I choose my electric company?
Usually not the wire company. Some states let you pick the supplier.
What should I compare first?
Price per kWh, then SAIDI and SAIFI, then how many accounts the utility serves.
How big is the price gap in Ohio?
8.54 to 14.87 cents among these eight utilities.
Do co-ops cost more than investor-owned utilities?
By median price among utilities with 5,000+ home accounts: Cooperative 13.73 cents, Investor Owned 15.54 cents, Municipal 12.39 cents. Groups overlap widely.
Is a lower SAIDI always better?
Yes for customers, but utilities define outages slightly differently, so compare within the same year.
Does this site compare supplier plans?
No. It covers utilities and states, not retail plans.
Where do I find my utility?
Open your state page and use the utility table, which lists every company with 1,000+ home accounts.
Why compare in one state?
Taxes, rules and fuel costs differ by state. Same-state comparisons remove most of that.
How many utilities does EIA survey?
1,312 utilities appear in the 2024 sales file.