As more resources become available that allow Ohio electricity ratepayers to compare electricity plans, more customers are experiencing lower electricity rates.
On January 1, 2001, Ohio legislators passed energy deregulation laws that give residents the opportunity to shop around for lower electricity rates. If there is a plan that better suits customers' needs, they can switch from one of the state's utilities to a retail energy provider. To help ease the process of switching over, several resources have been developed, which often compare rates in neighboring columns, simplifying the process.
The legislation has also led to an increase in the number of eco-friendly independent energy suppliers, which have flourished as the green movement has spread throughout the country. Retail providers offering renewable energy are expected to become even more popular in the coming decade, as the Public Utilities Commission of Ohio has approved standards mandating that by 2025, 25 percent of all electricity sold by a utility must be generated from alternative energy sources.
Ohio is one of several states that have benefited from energy deregulation laws. A recent survey found that in the last 10 years, customer satisfaction with Texas retail energy providers has risen to all-time highs.