Ohio · City
Commercial electricity in Toledo, Ohio
Which electric utilities serve businesses in Toledo, what each charged commercial customers in EIA’s 2025 data, and where Ohio’s prices stand.
EIA lists 2 electric utilities in Lucas County, which contains Toledo. Toledo Edison, the largest by commercial customers, averaged 17.89¢ per kWh for them in 2025. Ohio’s average commercial price was 13.22¢ per kWh over the 12 months to August 2026.
Source: EIA Form EIA-861 (2025) and Form EIA-861M; U.S. Census Bureau
Electric utilities serving Toledo
These are the utilities EIA records in Lucas County. EIA lists a utility in a county when it has customers anywhere in it, so this is everyone with a presence, ordered by commercial customers across Ohio, not a statement about any one address. Prices are EIA’s averages over all of each utility’s commercial customers: revenue divided by kWh.
| Utility | Type | Commercial customers in OH | Average commercial price, 2025 |
|---|---|---|---|
| Toledo Edison | Investor-owned | 36,684 | 17.89¢ |
| Tricounty Rural Elec Coop, Inc | fewer than 500 commercial customers |
Find the list for a single ZIP Code with the utility lookup, or set utilities side by side with the comparison tool.
What businesses in Toledo pay
Across Ohio, businesses paid an average 13.22¢ per kWh over the 12 months to August 2026, 4.7% below the U.S. average of 13.87¢, and up 20.1% on the 12 months before. That ranks Ohio 23 of 51, where 1 is the highest price. In 2025 the average commercial account in the state used 7,699 kWh a month, about $892 a month at the state price; that is a mean pulled up by a few very large users, so most small businesses use less.
A city has no price of its own: two businesses on the same street can pay very different amounts per kWh, because the rate schedule, the size of the peak and, where it is allowed, the supply contract matter more than the location. The Ohio page has the state’s price history since 2010 and every utility with at least 500 commercial customers.
Choosing a supplier in Toledo
Eligible Ohio commercial accounts may buy supply from a certified retail electric service provider while AEP Ohio, Duke, AES Ohio or a FirstEnergy utility continues regulated delivery. Governmental aggregation is common and changes the default.
Where prices are heading
EIA does not forecast single states. For the East North Central census division, which includes Ohio, its November 2026 Short-Term Energy Outlook puts the average commercial price at 14.03¢ per kWh for 2026 and 14.36¢ for 2027, up 10.5% from 12.99¢ in 2025. The forecast for every region.
About Toledo
The Census Bureau estimates Toledo had 263,423 residents on July 1, 2025, down 2.5% from 270,280 in 2020. It lies in Lucas County.
Other cities in Ohio
Common questions
- Who provides electricity to businesses in Toledo?
- EIA lists Toledo Edison and Tricounty Rural Elec Coop, Inc as electric utilities in Lucas County. Which one serves a given address depends on the street; the utility on an existing bill is the definitive answer, and a utility can confirm service for a new site.
- What is the average commercial electricity rate in Toledo?
- There is no official figure for a city. EIA publishes prices by state and by utility: Toledo Edison averaged 17.89¢ per kWh for its commercial customers in 2025, and Ohio averaged 13.22¢ over the 12 months to August 2026. A business’s own price depends on its rate schedule, its demand and, where it can choose, its supply contract.
- Can a business in Toledo choose its electricity supplier?
- Eligible Ohio commercial accounts may buy supply from a certified retail electric service provider while AEP Ohio, Duke, AES Ohio or a FirstEnergy utility continues regulated delivery. Governmental aggregation is common and changes the default. The state page for Ohio explains how it works and who regulates it.
Averages describe Toledo; a bill describes your business. A person can read yours: rate schedule, demand, riders, contract window. Nobody calls unless you ask.