Electricity Rates in Canton, OH
Average electricity cost, utility comparison, and solar savings potential for Canton homeowners.
Canton Electricity Cost Overview
The average residential electricity rate in Canton, OH is $0.14 per kWh, which is 12% below the national average of $0.16/kWh. Homeowners in Canton pay an average of $119 per month for electricity, based on typical usage of 851 kWh per month.
Electricity rates in Canton are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use. Since Ohio has a deregulated electricity market, Canton residents can shop for competitive rates from alternative suppliers.
Electric Utilities Serving Canton
| Utility Company | Avg Rate ($/kWh) | Est. Monthly Bill |
|---|---|---|
| Ohio Edison (FirstEnergy) | $0.14 | $119 |
| AEP Ohio | $0.13 | $111 |
| Duke Energy Ohio | $0.13 | $111 |
How Solar Compares to Canton Electricity Rates
Without Solar
- Monthly bill: $119
- Annual cost: $1,428
- 25-year cost: $35,700
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $83
- Annual savings: $996
- 25-year savings: $28,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Canton, OH
The average residential electricity rate in Canton is $0.14 per kilowatt-hour (kWh), which is 12% below the national average of $0.16/kWh. The average monthly electric bill for Canton homeowners is approximately $119.
With solar panels, Canton homeowners can reduce their electricity costs by approximately 70%, saving around $83 per month or $28,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.
The major electric utilities serving the Canton area include Ohio Edison (FirstEnergy), AEP Ohio, Duke Energy Ohio. Rates vary between providers, so your exact cost depends on your utility and usage level.
Yes, electricity rates in Canton and across Ohio have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.
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