Ohio · Cooperative · serves 22 ZIP codes
Lorain-Medina R E C, Inc rate plans
1 residential plans are currently open to new customers. Some charge different prices depending on the hour — which is where most of the savings hide.
Looking for when the expensive hours are? Lorain-Medina R E C’s peak hours, plan by plan →
What does Lorain-Medina R E C cost at a normal month’s usage?
A household using 1,000 kWh a month pays about $2,234 a year on the cheapest of the 1 plans we can price here — Residential Rate TOD — and $2,234 on the priciest. Same house, same wires.
| A month of | Cheapest, a year | On which plan | Priciest |
|---|---|---|---|
| 500 kWh | $1,405 | Residential Rate TOD | $1,405 |
| 1,000 kWh | $2,234 | Residential Rate TOD | $2,234 |
| 2,000 kWh | $3,864 | Residential Rate TOD | $3,864 |
The same plan is cheapest at every level of use here, so the answer does not turn on how much you use. Estimates from the filed tariff, priced hour by hour on a household with central air — not a quote.
What does Lorain-Medina R E C, Inc's residential rate cost?
Lorain-Medina R E C, Inc files a single residential tariff, so there is no plan to choose between — everyone served here is on the same terms. That makes this page short on comparison and long on one question instead: what does that tariff actually do to a bill?
Priced hour by hour across a full year, a small apartment on this tariff comes to about $1,246 and a three-bedroom house with central air to about $1,882 — an effective 25.6¢ and 19.9¢ per kilowatt-hour once the fixed charge is spread across everything used.
The one lever you do have is timing. This tariff charges 16.5¢ at its most expensive hour and 12.5¢ at its cheapest, so every kilowatt-hour a day moved from 6am to midnight is worth roughly $15 a year. Car charging, a water heater on a timer and laundry are the loads that move; cooking and air conditioning largely are not.
Expect the bill to swing with the weather rather than with anything you decide: the same house costs around $201 in July and $130 in February. Budget against the higher figure and the summer bill stops being a surprise.
How Lorain-Medina R E C compares across Ohio
Run the same three-bedroom house with central air through its default plan at each of the 4 Ohio utilities we cover, and Lorain-Medina R E C comes in 3rd cheapest at about $1,882 a year; the state median is $1,798. The range runs from $1,057 at Ohio Power to $2,510 at Ohio Edison, and since the utility is set by the address, the part of that gap you can act on is the plan, not the company.
The other two households tell the same story in different sizes: a small apartment pays about $1,246 here against a state median of $1,083, and the same house with an electric car charging overnight about $2,336 against $2,340. Effective rate, fixed charge included, is 19.9¢ per kilowatt-hour for the family home.
Ohio lets households choose their electricity supplier, so the supply half of this bill can be shopped separately. The figures above use the utility's own default supply price.
Every Ohio utility we cover, priced for the same three households →
Before you switch anything
- What is a time-of-use electricity rate?
The same kilowatt-hour, priced differently depending on when you use it.
- Should you switch to a time-of-use electricity plan?
A wide peak-to-off-peak gap is a lever, not a saving. Levers need something to move.
- How to compare electricity plans without getting it wrong
Six things that break a comparison, and the order to check them in.
Every plan, in detail
Hour-by-hour schedules, tier thresholds, and the tariff each one comes from.