Ohio Edison New Jersey PSE&G | Arbor Rate Index

Ohio Edison rates are forecast to rise about 4% over the next year.

As of July 2026, Ohio Edison's supply rate is 10.92¢/kWh. Our forecast has it climbing to 11.38¢/kWh over the next year.

Rate forecast at a glance

Value
Rate now 10.92¢
12-mo forecast 11.38¢
Projected change 4.2%
Next reset 10/1
Confidence High

Confidence reflects each forecast's historical accuracy over a 12-month horizon: high is under 8% off, medium 8–15%, low over 15%.

What moves your rate?

Your supply rate is really the wholesale cost of electricity showing up on your bill. A few factors move it, and lately, they've been mostly pushing up (though not everywhere). Here's the broad picture:

  1. Demand is rising and supply is tight: Electricity use is climbing, with data centers in some regions, the electrification of cars, and home heating in others, while older plants retire faster than new supply comes online. When more demand chases tighter supply, the cost of keeping enough power available rises, and your supply rate rises with it.
  2. Wholesale power and gas prices: Most electricity is still generated from natural gas, so when gas and wholesale prices climb, your supply rate climbs too.
  3. It's locked in by auction: Your utility buys its default supply in periodic auctions. Once a price clears, it holds until the next reset, which is why your rate jumps in steps rather than drifting.

Your residential supply rate

Actual & Arbor forecast · ¢ per kWh

Source: Arbor Rate Forecast · rebuilt from wholesale & auction data, updated monthly.

Your utility's story

The part you can control

Part Changeable or Set by Utility
Supply You can change this
Delivery and fees Set by utility

Total: $128

Median across 8,056 bills in Arbor’s dataset, July 2025–June 2026. Delivery includes taxes, the customer charge, and riders — everything on the bill that isn’t supply.

The long view

Your rate may dip this fall, but the market underneath is getting more expensive and harder to predict. With that in mind, you have to think about your situation: how much certainty do you want to lock in for the years ahead? Probably more than you have now. If you're renting, or not staying put long, short-term savings may be the smarter call. Either way, Arbor can help.

Electricity prices move with the seasons: easing in spring and fall, climbing in summer and winter. Because of seasonality, it's entirely possible your rate dips this fall. But a seasonal dip and the direction of the market are different questions, and the second one matters more. Over the next several years, in most markets, the cost of electricity looks set to keep climbing and to get less predictable as it does.