Guidance: Understanding Electricity Pricing


The Public Utilities Commission of Ohio reports that the statewide average price for electricity spiked 58-88% this year for customers on the default plan, known as the standard service offer. The PUCO also notes that recent electricity wholesale auctions indicate lower future electricity costs due to falling natural gas prices and lower inflation. Understanding the factors that influence the price of your electricity, and what goes into a pricing offer, can help your business gain a strategic advantage. OMA Connections Partner NRG has published this insight on five benefits of understanding how energy pricing works. 11/28/2023