Euclid Business Electricity: Illuminating Co. Rates & Choice
Electric utility: The Illuminating Company · Cuyahoga County
Market-reference note: Numerical default-price examples below retain their cited 2026 reference period. They are historical class-level context, not a current account quote. Confirm the applicable business rate, components and effective dates on your bill before comparing an offer. How to establish your benchmark.
Who supplies electricity to businesses in Euclid?
Most businesses in Euclid (Cuyahoga County) are served by The Illuminating Company, a FirstEnergy company. Because Euclid is in The Illuminating Company's territory, a business can buy the generation part of its electricity from any supplier certified by the Public Utilities Commission of Ohio (PUCO), while The Illuminating Company keeps delivering the power, reading the meter and restoring outages.
| Euclid at a glance | |
|---|---|
| Population (2020 Census) | 49,692 |
| County | Cuyahoga County (county seat: Cleveland) |
| Electric utility (delivery) | The Illuminating Company |
| Can businesses choose a supplier? | Yes, for accounts on The Illuminating Company |
| Default generation price, small business | Historical class reference: 9.45¢/kWh on the GS rate (June 1, 2026 – May 31, 2027, annual average) |
| Community aggregation | None identified |
| Grid operator / capacity zone | PJM Interconnection, ATSI zone |
| Capacity price, June 2026–May 2027 | $329.17/MW-day (up from $28.92 in 2024/25) |
Euclid's business base
Euclid had 49,692 residents in the 2020 Census. Industrial suburb; Lincoln Electric HQ and main plant. Large employers and institutions include Lincoln Electric Company and Euclid City Schools. Hospitals, campuses and plants tend to buy through structured bids with interval data, while offices, shops and restaurants usually fall under Ohio's 700,000 kWh-a-year “mercantile” line and buy standard small-business products.
The price to beat on The Illuminating Company
The Illuminating Company's default generation price for small businesses on the GS rate is about 9.45¢/kWh (June 1, 2026 – May 31, 2027, annual average), up from about 8.88¢ the year before.
That default — PUCO calls it the price to compare — is what a Euclid business pays for generation if it never signs with a supplier. A supplier offer only helps if its all-in generation price, including capacity and any broker fee, beats it on your usage. Statewide, EIA data show the average all-in commercial price rose to about 13.78¢/kWh in the first half of 2026 from 11.07¢ a year earlier, mostly because PJM capacity prices jumped from $28.92 to $329.17 per MW-day.
The delivery utility remains responsible for the wires. Tariff charges can change over time; confirm which transmission and other components are included in a supply offer. The Illuminating Company's latest rate-case status: PUCO's November 19, 2025 order cut the Ohio Edison / Illuminating Company / Toledo Edison request of about $190 million to about $34 million; a February 18, 2026 rehearing order stretched storm-cost recovery to 25 years, producing a net annual reduction of about $39.4 million effective March 1, 2026 (CEI rose, Ohio Edison and Toledo Edison fell). The companies filed their first three-year rate plan for 2027–2029 in May 2026.
Is Euclid in a community aggregation program?
We haven't identified an opt-out electric aggregation program covering Euclid as of September 2026. If your bill lists a supplier you didn't choose, it may come from a township or county program — the supplier's name and phone number are on the bill's generation section.
Euclid's neighbors and multi-site buying
If you run locations in more than one town, price them by utility. The nearest cities covered on this site:
| City | Distance | Electric utility |
|---|---|---|
| Cleveland Heights | 4 miles | The Illuminating Company |
| Shaker Heights | 7 miles | The Illuminating Company |
| Willoughby | 7 miles | The Illuminating Company |
| Cleveland | 9 miles | The Illuminating Company |
| Maple Heights | 11 miles | The Illuminating Company |
All five are The Illuminating Company territory, so one supplier price usually covers a portfolio across them.
Switching suppliers in Euclid
Send 12 months of The Illuminating Company bills (interval data for larger sites), the account numbers and the legal name on the account, plus any current supplier's end date. Ask every bidder to show capacity and broker compensation as separate lines (how broker fees work), and compare each offer with The Illuminating Company's default price on the same usage. CEI switches your supply on a scheduled meter-read date after enrollment is accepted — typically one to two billing cycles. Step-by-step detail is in our Illuminating Company guide.
FAQ: business electricity in Euclid
What electric company serves businesses in Euclid, Ohio?
The Illuminating Company delivers electricity to most businesses in Euclid.
Can a business in Euclid choose its electricity supplier?
Yes. Businesses on The Illuminating Company can buy generation from any PUCO-certified supplier; The Illuminating Company keeps delivering power and restoring outages.
What is the price to compare for Euclid businesses?
For small businesses on The Illuminating Company's GS rate it is about 9.45¢/kWh (June 1, 2026 – May 31, 2027, annual average). Larger accounts on primary-voltage rates see different figures; your bill shows yours.
Is there electric aggregation for businesses in Euclid?
We haven't identified an opt-out program for Euclid as of September 2026; check your bill's generation section for the current supplier.
How long does it take to switch suppliers in Euclid?
CEI switches your supply on a scheduled meter-read date after enrollment is accepted — typically one to two billing cycles. Small commercial customers then have 7 days from the utility's confirmation letter to cancel.
Decision worksheet: a business site in Euclid
Resolve the account before the price
For an account whose bill names The Illuminating Company, check its actual business rate class and current supply arrangement. A nearby municipal or cooperative account can have different options. Start with the delivery company, legal customer and service address; a city name cannot establish those details.
The useful county-level comparison is Cuyahoga County. Other city guides from that county include Cleveland, Cleveland Heights, Garfield Heights, Lakewood, Maple Heights. Those links describe related service-area questions, not a promise that every address shares one provider.
Three different decisions can sit behind one bill question
| Your Euclid situation | First document to check | Appropriate next step |
|---|---|---|
| Existing supplier agreement is ending | Signed renewal/termination clause and last complete bill | Use the renewal planner, then confirm the actual contractual notice dates |
| Building operation or ownership is changing | Lease/ownership responsibility and the expected load change | Ask about assignment, add/delete rights and volume tolerances before quoting |
| Bill is higher but operations look unchanged | Comparable kWh, demand and charge components for the same period | Separate price, usage and demand effects rather than assuming a supply switch fixes everything |
For this local review, the The Illuminating Company guide explains the supply-versus-delivery distinction. Keep tax, banking and account identifiers out of the first inquiry. A discussion can establish whether any private document exchange is needed.
Reference: PUCO choice and bill definitions. This decision worksheet adds account-level checks; it is not a new address-level territory survey.