How to Read Your Toledo Edison Bill

It's essential that you understand your Toledo Edison bill and what it's saying from month to month. When you're fully informed, you can spot mistakes and understand exactly what you are being charged for. Read on to find out more about understanding your Toledo Edison bill.

What does the average customer pay for energy from Toledo Edison?

The EIA (U.S. Energy Information Administration) states the typical rate for electricity in the Toledo Edison region is presently 1.32 cents per kWh. Based on this price, you could see savings as large as 36% based upon a typical home using 1,000 kWh/month.

Also: The EIA averages include all the taxes, transmission and supply fees, and is an 'all in rate'. We provide the same 'all in rate' so you get the true apples to apples price comparison when you're shopping for Ohio energy rates.

How do I lower my Toledo Edison bill?

It's really easy to get a better rate on your Toledo Edison bill.

Find your most recent bill, because you'll need two specific pieces of information from the bill - your 'Account Number' and your 'Service Address'. You can find these on the sample bill below.
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What Each Section of Your Toledo Edison Bill Means

Toledo Edison sample bill with sections labeled A through L

A. Your Toledo Edison Billing Period

The time period your current charges cover.

B. Customer Name and Address

The name and address on your Toledo Edison account.

C. Account Number, Amount Due and Due Date

Your account number, total amount due and payment due date. You'll need your account number when contacting Toledo Edison or signing up with a new electricity provider.

D. Messages

Important information about your account. Your Price to Compare is also listed here.

E. Your Toledo Edison Price to Compare

Toledo Edison's Price to Compare is its price per kWh for generation and transmission, the portion of your bill you can shop for. Compare it to a provider's rate to see whether switching could lower your bill.

F. Your Account Summary

Your previous balance, payments received and current charges.

G. Your Usage Information

How much electricity you used during the billing period, and whether the bill is based on an actual or estimated meter reading.

H. Toledo Edison Charges

Detailed charges from Toledo Edison for your home or business. If you haven't chosen a provider, this section also includes your generation charges.

I. Competitive Supplier Charges

The cost of the electricity itself for your home or business. This portion of your bill is competitive, so you can choose who provides it. If you've chosen a provider, their charges appear in this section.

J. Payment and Adjustment Information

Payments applied and any adjustments made since your last bill.

K. Usage History

A 13-month bar graph of your electricity use, plus your average daily and monthly use, average daily temperature and number of days in the billing period. Knowing your typical usage helps you estimate costs when comparing plans.

L. Return Bill Payment Stub

Detach and return this portion with your payment. It includes your account number, amount paid, amount due and due date.

Toledo Edison FAQs

How do I compare the Toledo Edison Price to Compare with other Ohio electricity providers?

In Ohio, you can choose who provides power to your home or business. You can buy electricity through your local utility, like Toledo Edison, or choose a competitive electricity provider. There is no change to your service. If you stay with Toledo Edison, the Price to Compare is the rate you pay instead of a competitive provider's rate.

Toledo Edison updates its Price to Compare (PTC) periodically, and the rate is shown on your Toledo Edison bill. Understanding the Price to Compare can help you know whether you're saving money when comparing Ohio energy providers. To see how Toledo Edison's Price to Compare stacks up against other Ohio electricity providers, enter your zip code and compare rates on Ohio Energy Ratings.

What areas does Toledo Edison serve?

Toledo Edison delivers electricity to roughly 315,000 homes and businesses in northwest Ohio, along Lake Erie and the Ohio-Michigan border. Its service area includes Toledo, Whitehouse, Delta, Wauseon, Archbold and Bryan, along with surrounding rural communities. If you live or run a business in the area, you can compare Toledo electricity rates from competitive providers.

Who do I call if my power goes out after switching providers?

Toledo Edison. Switching providers only changes who supplies your electricity. Toledo Edison still maintains the poles and wires and restores service during outages. You can report an outage online through FirstEnergy, by texting OUT to 544487, or by calling 1-888-544-4877.

Can I cancel a new electricity plan after I sign up in Ohio?

Yes. After you enroll, Toledo Edison sends a confirmation notice. Residential and small business customers have seven calendar days from the postmark date of that notice to cancel without penalty. To cancel, contact Toledo Edison, not the provider.

What is an apples to apples comparison for Toledo Edison customers?

Apples to Apples is the Public Utilities Commission of Ohio's (PUCO) comparison chart, which lists electricity offers from providers certified to serve each utility area, including Toledo Edison. Comparing offers on the same basis, such as price per kWh, contract length and fees, helps you see how each one stacks up against Toledo Edison's Price to Compare. Ohio Energy Ratings also offers an Ohio apples to apples comparison that adds provider ratings and customer reviews alongside plan prices.

Can businesses choose their electricity provider in Toledo Edison's service area?

Yes. Ohio's electric choice program is open to business customers as well as households. Toledo Edison continues to deliver your electricity, while the generation portion of your bill can come from a competitive provider. Request a free quote for business electricity rates for your Toledo-area location.