In Ohio's deregulated energy market, residents and businesses aren't limited to their utility's default rates. Instead, you can compare Cleveland energy companies to get the best deal on electricity or natural gas. With cold lake-effect winters and humid summers, Cleveland power bills can shift with the seasons. That's why it's so important to lock in low, fixed gas and electric rates in Cleveland. Whether you're a homeowner or business owner, Price To Compare makes it fast and easy to find the most affordable plan in your area.
Cleveland is part of PJM Interconnection, which is the independent grid operator that serves over 67 million customers across 13 states. Each year, PJM holds a capacity auction to make sure there's enough power supply available to meet demand. For the past two years, PJM capacity costs have reached record highs due to a combination of rapid data center development and power plant retirements. As capacity prices and wholesale energy rates rise, they work their way into utility supply rates, and, eventually, your bill. Choosing the right Cleveland energy provider and plan can help protect your home or business before rates climb even higher.
A few things are driving up Cleveland energy costs in 2026. PJM's capacity auction for wholesale electricity prices hit a 22% increase in 2026, after an 800% increase the year prior. This sharp rise is driven largely by new data center demand and power plant retirements. Natural gas fuels roughly 59% of Ohio's electricity generation, so elevated natural gas prices are also raising retail energy rates in Cleveland. Shopping for a fixed-rate plan is the smartest way to protect your budget from further increases.
Cleveland homes and businesses can shop for retail energy suppliers to find competitive rates and plans. With several suppliers serving Cleveland, Ohio, it’s important to compare your options and choose a provider that aligns with your energy needs. Your best option will depend on factors such as your usage patterns, sustainability goals, contract preferences, and whether you’re shopping for residential or commercial energy services.
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Both renters and homeowners can compare gas or electric companies in Cleveland to lower their monthly bill. Currently, Cleveland residents pay an average electricity rate of 19.52¢/kWh, although your rate may vary depending on your supplier, energy plan, market conditions, and other factors. Fixed-rate plans are the most popular choice because they provide long-term price protection, even throughout unpredictable winters. While homeowners prefer long-term contracts, many renters prefer the flexibility of shorter-term plans.
Cleveland businesses have access to even more plan types and competitive pricing for both electricity and natural gas. No two businesses are alike, so most Cleveland energy companies offer a wider range of options, including fixed, indexed, or hybrid pricing and flexible contract terms designed to support evolving business needs. Businesses in Cleveland, Ohio currently pay an average electricity rate of 13.89¢/kWh, but competitive supplier pricing may help your businesses secure better rates that lower your overall energy costs.
Getting your new electricity or gas services early is a smart way to save time and headaches on moving day. You can even choose your gas or electric supplier in Cleveland and enroll before you move in! First, you need to set up a utility account for your new address with your move-in date. Once you have a utility account number, you can start comparing Cleveland electric and gas rates! If you're opening a new business location, the same process applies. Locking in your Cleveland gas or electric rates early is a smart way to keep your energy bills affordable from day one.
Instead of visiting dozens of websites, we help you compare every rate and plan available in your area in one convenient place.
Our online energy marketplace and business procurement services are always free to use with no pressure to enroll.
Residential customers can sign up entirely online in minutes while businesses enjoy a fast-tracked enrollment process.
Businesses with complex needs can connect with our experts for a more personalized shopping experience.
For over 25 years, households and businesses have had the power to choose their preferred Cleveland electric or gas provider. Regardless of the provider you choose, Cleveland utilities will still deliver power to your address, manage billing, and respond to outages. What you can change is who supplies your gas or electricity. The Public Utilities Commission of Ohio (PUCO) set up the Apples to Apples program to help residents compare rates and plans from licensed suppliers.
With so many options in Cleveland's deregulated energy market, it can be hard to know if you're getting the best deal. That's why we created the Price To Compare marketplace - a one-stop-shop for Cleveland energy needs. Whether you're a business owner, homeowner, or renter, you can find the best Cleveland electricity rates and gas plans in one place with Price To Compare.
Cleveland residents and businesses receive electricity and natural gas through local utility companies, including The Illuminating Company and Cleveland Public Power for electricity and Enbridge Gas Ohio for natural gas. Utilities are responsible for delivering energy, responding to outages, and reading meters, while retail energy suppliers sell the electricity or natural gas you use.
If you do not choose a plan with a supplier, you will automatically receive your utility's default energy rate, which is often higher than rates from competitive suppliers. Because Cleveland is part of Ohio's deregulated energy market, customers can compare suppliers and choose an energy plan that better fits their budget, usage, and energy goals.
Comparing energy prices and plans in your area has never been easier. Start saving on your energy bills today by exploring electricity and natural gas solutions.
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