This is the rate you will pay for electric generation if you do not switch to an alternative electricity supplier. The Illuminating Company Price to CompareĮffective June 1 2023, The Illuminating Company’s residential ‘Price to Compare’ is 12.4¢/kWh. Cities served includes Cleveland and surrounding suburbs, Mentor, Painesville, Grand River, Perry, Ashtabula, Madison, Geneva, Edgewood, and Conneaut. The Illuminating Company serves an area of northeast Ohio along Lake Erie. FirstEnergy is headquartered in Akron, Ohio. Consumers in The Illuminating Company area can choose a Certified Retail Electricity Supplier (CRES) for their electricity supply. The Illuminating Company is owned and operated by FirstEnergy Corp (NYSE: FE), one of the nation’s largest electricity operators with 6,000,000 customers. All rights reserved.Headquartered in Cleveland, Ohio, The Illuminating Company provides electricity transmission and distribution to the northeast Ohio region. FINDENERGY is a comparison and research website that does not directly offer any energy related products.Ĭopyright © 2022 - 2023 Find Energy LLC. All trademarks remain the property of their respective owners, and are used by FINDENERGY only to describe products and services offered by each respective trademark holder. This data is not always in agreement with annually released government data due to differences in calculation methods and time periods. Additionally, this data is compiled using known ownership relationships between power plants and electricity providers, while some of these relationships remain unknown. These 12 month periods may vary from provider to provider and from power plant to power plant, as some entities are required to report on a rolling monthly basis others report on an annual basis. Unless otherwise noted, all data is a compilation of the most recent 12 months of government released data. Illuminating Company Reviewsĭisclaimer: The data displayed on this page may be incomplete or incorrect. Always verify you can get service from the provider. * City coverage generated based on government data. Electricity production is not part of the Illuminating Company business plan, as they purchase electricity at wholesale rates and then resell to their consumers. This is 39.15% below the nationwide average bill of $ 131.84. In 2021, the provider earned a total of $ 244, 047, 600 from retail electricity sales to end users.Ĭonsumers of the company pay an average residential electricity bill of $ 80.22. Of the megawatt hours they sourced, 2, 291, 310 megawatt hours were purchased by way of wholesale channels. The provider sold 2, 040, 728 megawatt hours through retail sales in 2021. Illuminating Company averages 13.20 cents per kilowatt hour charged to their consumers for residential electricity, which is 5.23% below the state's average price of 13.93 cents and 11.01% less than the nationwide average of 14.84 cents. 25, 917 are commercial locations and 138 of these are industrial customers. Exactly 284, 437 are residential customers, one is a transportation customer account. The supplier recently disclosed a total of 310, 493 customers. Illuminating Company serves electricity to 9 counties in Ohio including counties like Cuyahoga County, Summit County, Lorain County, Lake County, and Trumbull County.
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