In January, PJM Interconnection announced that electric bills for Ohio energy consumers will rise. PJM Interconnection is the company that owns, services and operates the power grid itself. Companies like First Energy utilize PJM’s grid to deliver power to us as customers. Below I discuss why electric rates for Twinsburg, and Ohio consumers will rise, as well as some practical solutions to save a few dollars.
“Starting in June 2025, electricity rates across Ohio—including here in Twinsburg—are expected to rise due to changes made by PJM Interconnection…
What This Means for You
• The average household could see a 10-15% increase in total electricity costs.
• This translates to about 2 cents more per kilowatt-hour (kWh).
• These higher [electric] rates are expected to last for 3 to 5 years while new power sources are brought online. ” (City of Twinsburg, Feb 11, 2025).
Please note, this increase will affect everyone whether you utilize NOPEC or a supplier of choice, as the increase is tied to PJM (the company owning and managing the grid) not a supplier itself.
However, there are options and things to do to help lower cost!
- Switch Suppliers. As mentioned, switching suppliers will not eliminate the increased cost, but you may be able to lower your kWh charge and save a few dollars each month. Residents of the City of Twinsburg are opted in to NOPEC automatically and can opt-out at any time. Before opting out, it is important to consider cost. Consider using the Ohio Apples-to-Apples website below to help you make a decision that is best for you and your family.
- Ohio’s Apples-to-Apples Website
- Things to Consider…
- Length of Term: The rate may be lower, but the term may only be for 3-8 months. After the term, rates can go up, or become variable rates.
- Variable Rates: This means the rates change over the term of your contract. This means it may be lower now, but could skyrocket later on. Consider sticking with fixed rates to avoid unexpected surprises later on.
- Early Termination Fees: Some contracts will make you pay a fee if you drop out of the program before your contract has ended. I try to avoid fees whenever possible.
- Monthly Fees: Some contracts have a monthly flat fee. This means, they may have a lower rate, but with the fee on top all savings may be wiped out.
- Schedule an Energy Audit. Identify areas where your home could be more energy efficient. This may include identifying areas that lack insulation, or identifying drafts. Solving these energy loss problems will cost money upfront, but can save you in the long-term.
- Install Energy Efficient Appliances. Look for the ENERGY STAR certified products.
- Install Smart Thermostat’s and Practice Smart Cooling/Heating Practices. Smart thermostats can prevent you from cooling or heating a home when you are not home.
For more information on why the rates are rising, see this letter from NOPEC.