Toledo Edison Commercial Electricity Rates & Supplier Choice
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.
Toledo Edison at a glance
Toledo Edison, a FirstEnergy company, delivers electricity in Toledo and across northwest Ohio, including Maumee, Perrysburg, Sylvania, Oregon and Defiance. Businesses on Toledo Edison can buy generation from any PUCO-certified supplier.
| Legal name | The Toledo Edison Company |
| Parent company | FirstEnergy |
| Territory | Toledo and northwest Ohio — Lucas, Wood, Fulton, Williams, Ottawa, Henry, Defiance and parts of neighboring counties |
| PJM capacity zone | ATSI |
| Business rate schedules | GS (general service, secondary) for most businesses, GP (primary) and GT (transmission) for larger users |
| Small-business default generation price | Historical class reference: 9.43¢/kWh on the GS rate, June 1, 2026 – May 31, 2027, annual average (prior year 8.90¢) |
| Residential price to compare (reference) | 11.10¢/kWh, July 1 – Sept 30, 2026 |
| Can businesses choose a supplier? | Yes — generation only; Toledo Edison keeps delivery |
What Toledo Edison charges vs. what you can shop
Every Toledo Edison bill has two halves. Delivery — distribution, transmission and most riders — is set by PUCO-approved tariffs and stays the same no matter who supplies your power. Generation is the part you can buy from a PUCO-certified supplier. If you don't choose one, you pay Toledo Edison's default (Standard Service Offer) price, which PUCO calls the price to compare.
Toledo Edison bills show a "Price to Compare" on the generation section. For businesses on the GS rate, Toledo Edison's default generation price averaged about 9.43¢/kWh for June 2026–May 2027.
How Toledo Edison's default price is set
Toledo Edison doesn't generate the power in its default price; it buys it through competitive auctions and passes the result through. Ohio's HB 15 (effective August 14, 2025) repealed electric security plans, so default prices must now come from competitive bidding. The price typically resets each June 1 as new auction tranches start, which is why comparing a supplier offer to last year's bill can mislead.
Toledo Edison's default generation price for small businesses on the GS rate is about 9.43¢/kWh (June 1, 2026 – May 31, 2027, annual average), up from about 8.90¢ the year before.
Capacity costs in the ATSI zone
Capacity — paying generators to be available at peak — is part of every generation price in Ohio. PJM's auctions have reset it sharply:
| Delivery year (June–May) | PJM capacity price | Per kW of capacity tag, per year | Note |
|---|---|---|---|
| 2024/25 | $28.92/MW-day | about $11 | Duke's DEOK zone cleared higher at $96.24 |
| 2025/26 | $269.92/MW-day | about $99 | |
| 2026/27 | $329.17/MW-day | about $120 | cleared at the price cap |
| 2027/28 | $333.44/MW-day | about $122 | cleared at the cap; 6,623 MW short of the reliability requirement |
| 2028/29 | $325.00/MW-day | about $119 | cleared at the cap; 6,831 MW short of the reliability requirement |
Your capacity tag is set from your load during the grid's highest summer peak hours the previous year. Cutting load during PJM peak alerts lowers next year's tag — at 2026/27 prices each kilowatt removed is worth roughly $120 a year. See capacity tags explained.
Toledo Edison rate-case and policy 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.
- Toledo Edison's GS default generation price rose from about 8.90¢ to 9.43¢/kWh (annual average) on June 1, 2026.
- Bowling Green, in Wood County, runs its own municipal electric system; businesses inside the city generally cannot shop.
- Findlay, often assumed to be Toledo Edison, is AEP Ohio territory.
Counties Toledo Edison serves
Toledo Edison is the main investor-owned utility in 7 counties and serves part of 3 more:
Defiance, Fulton, Henry, Lucas, Ottawa, Putnam, Sandusky, Seneca*, Williams, Wood
* part of the county; another utility serves the larger share.
Cities on Toledo Edison
Defiance, Maumee, Oregon, Perrysburg, Sylvania, Toledo
Inside Toledo Edison's region, these cities run their own municipal electric systems, so businesses there generally cannot choose a supplier: Bowling Green (Bowling Green Municipal Utilities). See municipal and co-op areas.
Community aggregation in Toledo Edison territory
In governmental (opt-out) aggregation, a city, township or county picks a supplier for its residents and small businesses. Small commercial accounts (700,000 kWh a year or less) that haven't chosen a supplier are enrolled automatically unless they opt out; accounts already under a supplier contract are excluded, and mercantile accounts join only if they opt in. See governmental aggregation for Ohio businesses.
- Northwest Ohio Aggregation Coalition (NOAC) — a coalition of Toledo-area communities; check the current supplier and price with your city before comparing offers.
Switching suppliers on Toledo Edison
- Confirm the account is on Toledo Edison (not a municipal system or co-op) and find any current supplier contract end date.
- Collect 12 months of usage (interval data for larger sites) and request prices that state capacity and broker fees separately.
- Sign with the supplier; the supplier submits your enrollment. Toledo Edison switches your supply on a scheduled meter-read date after enrollment is accepted — typically one to two billing cycles.
- Toledo Edison mails a confirmation letter. Residential and small commercial customers have 7 days from its postmark to cancel.
- Check the first bill: the supplier's price should appear in the generation section and delivery charges should be unchanged.
FAQ
Is Toledo Edison a supplier or a utility?
Toledo Edison is the distribution utility. It delivers power and offers a default generation price, but businesses can buy generation from a competing supplier instead.
What is Toledo Edison's price to compare for businesses?
For the GS rate it averages about 9.43¢/kWh for June 1, 2026 – May 31, 2027, annual average. Your bill shows the figure for your own rate schedule.
Will switching suppliers change Toledo Edison outage service?
No. Toledo Edison still maintains the wires and restores outages; only the generation charge changes.
Why did Toledo Edison bills rise in 2025–2026?
Mostly because PJM capacity prices rose from $28.92/MW-day (2024/25) to $329.17 (2026/27) and flowed into generation prices; delivery-rate changes from recent rate cases were smaller.