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Ohio Deregulation
In 1999, the Ohio General Assembly passed Senate Bill 3, which set up an outline to the price of energy by permitting the market to determine the cost based on supplier competition. The price of electricity under the old system was based on a formula that depended heavily on the power company's cost to produce electricity, which in turn established a rate cap. Deregulation sought to remove this rate cap as a competitive market was allowed to establish prices, which would have a nominal relation to cost.

On Jan. 1, 2001, Ohio consumers were finally provided with direct retail access to competitive electricity suppliers. Within the first month, nearly 100,000 customers in First Energy territories, including Ohio Edison, Cleveland Illuminating, and Toledo Edison switched suppliers. As energy markets began offering competitive rates, the number of consumers who have switched to service providers offering better rates has grown exponentially.

Innowatts is here to make the energy market competitive for you. We’ve teamed up with multiple suppliers across the country and have created an online energy market place where you can choose and compare various energy products from Ohio retail electric providers in your area. Find the best plan for your home or business off your smart phone, tablet, or desktop device. We even go a step further and offer additional services, which are explained below. Innowatts, energy at hand.
Calculate Your Cost
While you build out a plan for your high-rise, house, and business, utilse our nifty new electricity calculator tool to help you determine your monthly cost. Simply provide us a rate and the usage amount and we can project your monthly bill for you. Making your decision process that much easier. Determine what plan works within your budget before you enroll.

Ohio, give it a try once you hit our plan section page and be pleasantly surprised at how helpful it really is. You may even just start calculating every rate we have. Put away that blocky T99 and short form formula and experience the ease of our new calculator.
Illinois supplier comparison
Switch Once & Done
One-time enrollment for hassle-free switching of energy plans at the end of contract.

• We shop the market up to 1 year in advance with your profile

• Months prior to your contract end date you receive personalized plans based on your companies profile.

• Never go through enrollment process again just verify information and you are done!
Illinois electric suppliers
Switching electricity providers is a hassle, but Innowatts made it extremely easy for me. I saved 40% instantly using Innowatts!"
Jeff Newhook
Houston, TX
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Got a question? Send us an email or give us a call at 1.855.409.2887. We’d be happy to answer any of your questions regarding our energy products or deregulation in your area.
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