Starting in June 2025, all Ohio electricity customers will see a significant increase in their electricity costs due to the recent results of the PJM capacity auctions. The capacity prices have surged by over 800%, which translates to an estimated 10-15% increase in electricity costs for the average Ohio household, or just over 2 cents/kWh, for the June 2025 to May 2026 delivery year.
To assist with helping your residents understand how this change will impact their electric bills and what steps they can take to prepare, we’ve crafted a detailed FAQ.
Our latest White Paper, authored by a study team at Cleveland State University, examines the performance of Ohio’s deregulated electricity market since restructuring took effect in 2009, with a particular focus on the unprecedented upheaval during the pandemic and post-pandemic eras.
- Deregulated markets have consistently saved Ohio electricity customers nearly $3 billion per year.
- Since 2011, deregulation has saved Ohio consumers more than $37 billion.
- This translates to about $261 per average household each year or nearly $3,400 per average household since 2011.
- Ohio will continue to enjoy such savings in the coming years so long as its electricity generation markets are fully deregulated.
For a deeper dive into the findings and implications of this study, you can read the full White Paper and its Executive Summary on our website!