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

Cleveland Electric Illuminating electricity rates

What homes pay Cleveland Electric Illuminating for electricity, from EIA.

Investor-owned utility, 129,635 homes in Ohio. EIA lists it as Cleveland Electric Illum Co.

Headlines

Average price
18.4¢ a kWh
Up 14% on a year ago
Average bill
$117 a month
Up 15% on a year ago
Average use
637 kWh
A month. Ohio 865 kWh
Price rank in Ohio
3 of 6
1 is the most expensive

Over the 12 months to August 2026, Cleveland Electric Illuminating homes paid 18.4¢ a kWh, against 18.4¢ across Ohio.

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

Cleveland Electric Illuminating vs Ohio

Cleveland Electric IlluminatingOhio
Average price, 12 months to August 202618.4¢18.4¢
Price in August 202620.8¢19.4¢
Average monthly bill, 12 months$117$159
Bill in August 2026$168$199
Average monthly use637 kWh865 kWh
Price change, past year+14%+12%
Price change since 2019+48%+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