Lowest 2024 AEP Columbus Southern Electricity Rates

AEP Columbus Electricity Rates January 2024 by ElectricRate

In the state of Ohio, energy consumers serviced by AEP Columbus Southern have discovered that they are do not have to purchase their power supply from AEP and can instead shop for the lowest electricity rates offered by competitive suppliers. The creation of a competitive electricity market in AEP Ohio has created an abundance of electric rate options that customers can now choose between.  For many of these customers the most important attribute is finding the lowest AEP Columbus Southern electricity rate.

If a customer is able to find a competitive electricity rate that is lower than the AEP Columbus Southern price to compare standard offer service, they will guarantee themselves savings on their monthly electric bill.  Due to Columbus Southern recently raising their price to compare default rates, more customers in the area are taking advantage of Ohio electricity choice and shopping for competitive prices. Many consumers are using electricity rate comparison sites to find the companies offering the lowest AEP Columbus prices.

AEP Columbus Standard Service Offer

AEP PTC vs ElectricRate Graph by ElectricRate

The standard service offer rate is the the price a AEP Ohio or AEP Columbus customer will pay for electricity if they do not select a plan from an alternative supplier.  It is basically a default rate for electricity.  On June 1, 2023 the standard service offer rate increased by 58% for default rate payers.  Customers on the rate structure will see a 58% increase on their AEP Columbus electric bills this summer if they do not shop for a lower Ohio electric rate.

Nearly 57% of all AEP Ohio customers are on the standard service offer rate, equating to 867,000 customers who will see their power bills rise substantially if they don’t start shopping.  Luckily for these customers there are an abundance of competitive rate plans that are substantially lower than the standard service offer rate.

In January 2024 AEP raised their default electric rate again to 11.32¢ from 10.91¢. Meanwhile, competitive Ohio electricity rates remain below 7¢ in 2024 which has extended the amount of time Ohio customers have to shop and lower their high Ohio electric bills.

Comparing AEP Columbus Electric Rates

Below is a list of the lowest AEP Columbus Souther electricity rates offered by companies who are licensed electricity suppliers in the state of Ohio.  Prices are updated in real time.  The savings percentages are the amounts that a customer would save if they select the plan versus being on the AEP default price to compare rate, or the standard service offer rate.

All electric rates are apples to apples against each other and to the default standard service offer rate.  Selecting low competitive Ohio electric rate will cause the new rate to replace the default rate on the monthly bill.

AEP: Columbus

11.32¢ Price to Compare

No Sign Up Fees

Provider Plan Term Rate Savings  
Constellation
18 months
5.49¢ / kWh

Save 52%

Constellation
36 months
5.99¢ / kWh

Save 48%

Tomorrow Energy
12 months
6.09¢ / kWh

Save 47%

Clearview Energy
12 months
6.19¢ / kWh

Save 46%

Constellation
6 months
6.29¢ / kWh

Save 45%

Learn more about the 2023 and 2024 AEP rate increases and how you can save money by shopping for competitive rates by watching the short video below.

Prev Post
Alternative MA Suppliers to Eversource Energy
Next Post
Lowest BGE Electricity Suppliers