NewInsight: Investor-owned utilities charge 23% more for power

AEP Ohio electricity rates

What homes pay AEP Ohio for electricity, from EIA.

Investor-owned utility, 594,401 homes in Ohio. EIA lists it as Ohio Power Co.

Headlines

Average price
20.5¢ a kWh
Up 9.6% on a year ago
Average bill
$190 a month
Up 8.8% on a year ago
Average use
929 kWh
A month. Ohio 865 kWh
Price rank in Ohio
1 of 6
1 is the most expensive

Over the 12 months to August 2026, AEP Ohio homes paid 20.5¢ a kWh, against 18.4¢ across Ohio.

Many homes in Ohio buy power from a retail supplier. These figures cover AEP Ohio's own customers, who buy delivery and power from it.

AEP Ohio vs Ohio

AEP OhioOhio
Average price, 12 months to August 202620.5¢18.4¢
Price in August 202621.5¢19.4¢
Average monthly bill, 12 months$190$159
Bill in August 2026$217$199
Average monthly use929 kWh865 kWh
Price change, past year+9.6%+12%
Price change since 2019+68%+49%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026