Electricity is an essential part of our everyday lives, powering our homes, businesses, and industries. As residents of Ohio, we are no strangers to the impact that electricity bills have on our monthly expenses. Whether you reside in the bustling city of Cleveland or the tranquil suburbs of Cincinnati, understanding the average electric bill in Ohio is crucial for budgeting and financial planning. In this blog post, we will delve into the latest statistics on average electric bills in Ohio, exploring factors that contribute to fluctuations and providing insights to help you better manage your utility expenses. So, let’s shed some light on the fascinating world of Ohio’s electric bill statistics.
The Latest Average Electric Bill Ohio Statistics Explained
As of 2021, the average monthly residential electricity bill in Ohio is $111.36.
This statistic indicates that as of 2021, the average monthly residential electricity bill in Ohio is estimated to be $111.36. This figure represents the average amount that households in Ohio are expected to pay for their electricity consumption on a monthly basis. It is calculated by considering the total electricity bills of residential customers in Ohio and dividing it by the number of households in the state. This statistic provides insight into the typical cost of electricity for residents in Ohio, helping to understand the financial impact of electricity usage on households in the state.
Ohio residential customers used an average of 897 kWh each month in 2019.
The given statistic states that in the year 2019, residential customers in Ohio consumed an average of 897 kilowatt-hours (kWh) of electricity every month. This figure represents the average amount of electrical energy consumed by households in Ohio on a monthly basis during that specific year. It provides insight into the electricity consumption patterns and levels of residential customers in the region for 2019.
The average price of a kilowatt-hour (kWh) for residential customers in Ohio was 12.56 cents in 2019.
This statistic indicates that the average price in Ohio for one kilowatt-hour (kWh) of electricity consumed by residential customers in 2019 was 12.56 cents. This average price provides an insight into the costs that Ohio residents, as a whole, were likely to incur for their energy usage during that year. It can be used as a benchmark for comparing electricity prices between different regions or as a basis for analyzing trends and changes in residential energy costs.
Ohio’s residential electricity consumption is 17% higher than the national average.
The statistic “Ohio’s residential electricity consumption is 17% higher than the national average” indicates that, when compared to the average electricity usage across the entire country, the residential population in Ohio consumes 17% more electricity. This implies that Ohioans, on average, utilize a greater amount of electricity in their homes compared to the average American. This information highlights the potential for higher energy demands and consumption patterns in Ohio’s residential sector.
Commercial entities in Ohio had an average bill of $648.84 in 2019.
The given statistic states that, on average, commercial entities in Ohio had a bill amounting to $648.84 in the year 2019. This indicates the typical monetary value that businesses in Ohio were charged for products, services, or expenses during that time period. It provides an understanding of the average financial burden faced by commercial entities in terms of their expenditures in Ohio in 2019.
As of 2021, the average price paid by Ohio residents per kilowatt-hour is 10% above the national average.
This statistic indicates that Ohio residents, on average, pay 10% more per kilowatt-hour for electricity compared to the national average. In the year 2021, the average cost of electricity in Ohio is higher than the average cost for the entire country. This information suggests that Ohio residents may be experiencing higher electricity expenses compared to residents of other states.
Total retail electricity sales in Ohio were 137,934 million kWh in 2018.
The statistic ‘Total retail electricity sales in Ohio were 137,934 million kWh in 2018’ refers to the total amount of electricity consumed by residential, commercial, and industrial consumers in the state of Ohio during the year 2018. The unit of measurement used is kilowatt-hours (kWh), which represents the amount of energy consumed by a device with a power rating of 1 kilowatt operating for one hour. This statistic indicates the scale of electricity usage in Ohio, highlighting the significant demand for electricity in various sectors such as households, businesses, and manufacturing industries.
Industrial electricity bills averaged $3,404.80 in Ohio.
The statistic states that the average cost of electricity bills in the industrial sector in the state of Ohio is $3,404.80. This average value represents the typical amount that industrial businesses in Ohio are paying for electricity consumption. It is important to note that this figure includes all industrial electricity bills in Ohio, regardless of the size or type of industry. The statistic serves as a useful benchmark for businesses in the state when estimating and budgeting for their electricity expenses.
The average Ohio resident spends 2.48% of their income on electricity.
This statistic indicates that, on average, Ohio residents allocate 2.48% of their total income towards electricity expenses. In other words, for every dollar earned, the typical Ohio resident dedicates close to 2.5 cents towards paying for electricity. This statistic provides insight into the financial burden placed on Ohio residents by their electricity costs and can be useful for assessing the affordability of electricity in the state.
Ohio electricity prices averaged approximately 12.55 cents per kWh in April 2021.
The statistic “Ohio electricity prices averaged approximately 12.55 cents per kWh in April 2021” refers to the mean price that Ohio consumers paid for electricity during that month. It indicates that on average, customers in Ohio were charged approximately 12.55 cents for each kilowatt-hour (kWh) of electricity consumed. This statistic provides an overview of the cost of electricity in Ohio during April 2021, allowing consumers and policymakers to understand and evaluate the affordability and trends in electricity pricing for that period.
Ohio’s average residential electrical bill ranks 21st in the U.S.
The statistic “Ohio’s average residential electrical bill ranks 21st in the U.S.” means that among all the states in the United States, Ohio’s average cost for residential electricity is the 21st highest. This indicates that there are 20 other states in the country where residential electricity bills are, on average, higher than in Ohio. It provides a comparative measure of the affordability or expense of electricity for residential consumers in Ohio compared to other states in the nation.
The average commercial electric bill in Ohio was $662 in 2021.
This statistic refers to the average amount of money that commercial establishments in the state of Ohio paid for their electricity bills in 2021. Specifically, the average bill was $662, indicating that half of the establishments paid more than this amount while the other half paid less. This information helps give an understanding of the typical expenses that businesses in Ohio might incur for electricity usage, providing insight into the financial considerations and operational costs for commercial enterprises in the state.
The industrial sector in Ohio has the second-highest average electricity cost compared to other sectors.
This statistic indicates that among various sectors in Ohio, the industrial sector has the second-highest average cost of electricity. It suggests that businesses and industries operating in Ohio’s industrial sector have higher expenses related to electricity consumption compared to other sectors. This data highlights the financial burden faced by industrial companies in terms of electricity costs, potentially impacting their competitiveness and profitability. Understanding this statistic can help policymakers and businesses in Ohio make informed decisions and develop strategies to address the high electricity costs in the industrial sector.
Fifty-nine percent of the electricity used in Ohio comes from coal-fired power.
This statistic indicates that coal-fired power plants generate approximately 59% of the electricity consumed in the state of Ohio. This suggests that coal is the most significant source of electricity in Ohio, outweighing other sources such as natural gas, nuclear power, and renewable energy sources. It implies that a majority of the electricity produced in the state is dependent on the burning of coal, which usually has negative environmental impacts due to the release of greenhouse gases and other pollutants.
In 2019, Ohio’s electricity came from 47% natural gas, increasing the average bills.
The statistic states that in the year 2019, Ohio relied on natural gas for 47% of its electricity generation. This indicates that a significant portion of the state’s electricity was produced using natural gas as the primary energy source. As natural gas is typically more expensive compared to other energy sources like coal or renewables, it resulted in an increase in the average electricity bills for Ohio residents.
In summer, Ohio’s average electricity consumption can increase up to 1,500 kWh.
This statistic indicates that during the summer season in Ohio, the average amount of electricity consumed can reach up to 1,500 kilowatt-hours (kWh). This suggests that Ohioans tend to consume a higher amount of electricity in the summer months, likely due to increased usage of air conditioning systems to combat the hot temperatures. The statistic provides an estimate of the potential increase in electricity consumption during this time, highlighting the importance of efficient energy management and conservation strategies to minimize impact on the power grid and ensure a sustainable energy supply.
Ohio’s monthly average energy consumption is 18% higher than the U.S. average.
The statistic “Ohio’s monthly average energy consumption is 18% higher than the U.S. average” means that on a monthly basis, the amount of energy consumed in Ohio is 18% greater than the average amount of energy consumed across the entire United States. This comparison allows for understanding the relative energy usage patterns between Ohio and the rest of the country. The higher energy consumption in Ohio could be due to various factors such as population density, industrial activity, climate, or energy usage habits.
In 2019, Ohio residents paid an average of $13.40 in taxes and fees monthly on their electric bills.
This statistic states that during the year 2019, residents of Ohio paid an average of $13.40 in taxes and fees on a monthly basis as part of their electric bills. This means that, on average, Ohio residents were required to contribute this amount towards taxes and fees every month in order to cover the costs associated with their electricity. The inclusion of taxes and fees in electricity bills is a common practice, and this statistic provides an insight into the financial burden that Ohio residents faced in terms of their monthly electric expenses.
The average cost of electricity for Ohio businesses is 2% lower than the national average.
The statistic “The average cost of electricity for Ohio businesses is 2% lower than the national average” means that, on average, businesses in the state of Ohio pay 2% less for electricity than businesses in the entire country. This statistic compares the average cost of electricity specifically for businesses, not residential customers, and indicates that Ohio businesses enjoy a slight cost advantage in their electricity expenses compared to the national average.
In 2021, Ohio’s average kWh price of electricity was lower than the neighboring states of Michigan and Pennsylvania.
In 2021, Ohio had a lower average price per kilowatt-hour (kWh) of electricity compared to the neighboring states of Michigan and Pennsylvania. This statistic suggests that residents and businesses in Ohio paid less for their electricity consumption on average compared to their counterparts in Michigan and Pennsylvania. The lower average kWh price in Ohio could be attributed to various factors such as differences in energy sources, market competition, and state regulations. This information can be significant for individuals and businesses looking to compare electricity costs when considering relocation or making energy-related decisions in the region.
Conclusion
In conclusion, the average electric bill statistics in Ohio provide valuable insights into the energy consumption patterns of residents in the state. By analyzing these statistics, we can observe the seasonal variations in electric bills, the impact of renewable energy initiatives, and the influence of factors such as household size and income levels on energy usage.
The data clearly shows that electric bills tend to rise during the summer months, which can be attributed to increased air conditioning usage. This highlights the importance of energy-efficient cooling systems and the need for households to manage their energy consumption during these peak periods. Additionally, the statistics indicate a gradual increase in the adoption of renewable energy sources in Ohio, showcasing a shift towards a more sustainable and environmentally-friendly approach to electricity generation.
It is also evident that factors such as household size and income levels play a significant role in determining electric bills. Larger households typically have higher energy consumption due to more appliances and increased occupancy, while lower-income households may struggle with higher bills, emphasizing the importance of energy assistance programs and energy-efficient initiatives for vulnerable populations.
Overall, the average electric bill statistics in Ohio offer valuable insights for policymakers, utility companies, and households alike, guiding decision-making processes and promoting a more sustainable and affordable energy future.
References
0. – https://www.www.energybot.com
1. – https://www.www.eia.gov
2. – https://www.www.chooseenergy.com
3. – https://www.www.electricrate.com
