Ohio Electricity Rates (2026)
17.0¢/kWhstate average
4.7% above national averageUtilities in Ohio
Data Center Activity in Ohio
New Albany, OH
Rate Outlook for Ohio
Ohio's average residential electricity rate is currently 17.0 cents/kWh. Under EIA's reference scenario, rates are projected to reach 20.0 cents/kWh by 2031 and 22.8 cents/kWh by 2036, a 34.4% change. Under the high oil price scenario, rates could reach 23.7 cents/kWh.
EIA projections for Ohio vs. actual observed rates
Projected residential electricity rates for Ohio (next 10 years)
| Year | Reference (¢/kWh) | High Price | Low Price |
|---|---|---|---|
| 2026 | 18.8 | 19.0 | 18.7 |
| 2027 | 18.1 | 18.4 | 18.1 |
| 2028 | 18.3 | 18.6 | 18.5 |
| 2029 | 18.8 | 19.0 | 18.9 |
| 2030 | 19.4 | 19.6 | 19.5 |
| 2031 | 20.0 | 20.4 | 20.3 |
| 2032 | 20.6 | 21.2 | 20.9 |
| 2033 | 21.5 | 22.1 | 21.6 |
| 2034 | 22.0 | 22.6 | 22.1 |
| 2035 | 22.5 | 23.2 | 22.4 |
| 2036 | 22.8 | 23.7 | 22.8 |
Data Sources: U.S. Energy Information Administration — Annual Energy Outlook (AEO2010, AEO2015, AEO2020, AEO2025) and Monthly Energy Review.
Methodology: State-level projections are derived by applying national rate trends from EIA's Annual Energy Outlook to Ohio's current observed rate. EIA does not publish state-level projections.
Freshness: This data is checked weekly against EIA's open data APIs. The Monthly Energy Review updates monthly with observed rates. The Annual Energy Outlook publishes new projections annually.