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Toledo small-business electricity rates: 2026 outlook

Commercial

Toledo GS-1 rate runs 11.8 cents per kWh. With supplier choice plus aggregation, small businesses can lock at 9.4 to 10.2 cents per kWh through 2027.

Featured infographic

Toledo small-business GS-1 rate breakdown

Supply 55 percent, delivery 30 percent, capacity 10 percent, taxes 5 percent. Only the supply portion is shoppable through PUCO supplier choice.

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Toledo is in AEP Ohio territory. Small businesses are on the GS-1 rate class, currently running 11.8 cents per kWh on default service. With supplier choice plus aggregation participation, Toledo GS-1 customers can lock at 9.4 to 10.2 cents per kWh through 2027. Small-business savings on a clean switch run $800 to $2,400 per year for typical 12,000-kWh-per-month accounts. The procurement playbook for Toledo small operators is below.

GS-1 rate class for small business

AEP Ohio applies the GS-1 rate class to small commercial customers under 25 kW demand. Toledo small-business GS-1 customers are typically restaurants, retail storefronts, professional offices, and small workshops.

The 2026 GS-1 default rate is 11.8 cents per kWh, slightly below the residential SSO of 12.4. GS-1 customers pay a higher customer charge but a lower per-kWh rate vs residential.

Toledo small-business aggregation options

Small-business aggregation in Toledo is available through NOPEC for commercial accounts and through specific city-level programs. The aggregation rates typically beat AEP default by 12 to 18 percent.

Direct supplier shopping is also available for Toledo small businesses. Locked rates from PUCO-certified CRES suppliers typically come in at 9.4 to 10.2 cents per kWh for 24-month contracts.

Typical Toledo small-business savings math

A typical Toledo restaurant uses roughly 12,000 kWh a month. On default GS-1 at 11.8 cents per kWh, the supply portion is $1,416 a month or $16,992 a year.

On a locked rate at 9.8 cents per kWh, the supply portion drops to $1,176 a month or $14,112 a year. Annual savings: $2,880 (17 percent). Larger accounts scale linearly.

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Common questions

Quick answers from the editorial desk

Is GS-1 the right rate class for my small business?
Probably if your business uses under 25 kW peak demand. Most small offices, retail storefronts, restaurants, and small light-industrial facilities are on GS-1. AEP Ohio bills your demand monthly and may move you to GS-2 if you consistently exceed the threshold.
Can my small business participate in aggregation?
Yes, both NOPEC and direct supplier choice. Some municipalities also run small-commercial aggregation alongside residential. Check with your city or county energy office for active programs.
What is the typical contract length for small-business supply locks?
24 months is the sweet spot. 12 months exposes you to the next winter at re-rate time. 36 months can over-price the back half if the wholesale curve flattens. 24 months balances both.
Does my business pay demand charges in Toledo?
GS-1 customers under 25 kW typically do not pay separate demand charges. GS-2 and larger commercial rate classes do. Confirm your specific tariff on the AEP Ohio rate schedule page.

Further reading

Pillar guide, cluster siblings, and state pages cited above

Sources

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