EIA data through August 2026 · updated 2026-10-29

Electricity rates in 43550 — Okolona, OH

Homes in ZIP 43550 pay about 21.1¢ per kWh (Ohio Power Co., Jan–Aug 2026). The Ohio average is 19.4¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price21.1¢per kWh
Largest utility in countyOhio Power Co.
OH average19.4¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$174898 kWh/month, 2024
Ohio has retail electricity choice. Many households can buy electricity supply from a competing supplier, while the local utility still delivers it. The averages here combine utility and supplier sales as reported to the EIA; your state’s public utility commission lists licensed suppliers.

What a month of electricity costs

500 kWh / month$105
900 kWh / month · avg. use$190
1,200 kWh / month$253

Monthly cost at the average price of 21.1¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 43550 is

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Utilities serving Henry

UtilityHome priceAvg. billCustomers in OH
Ohio Power Co.
Investor Owned · serves Henry		21.1¢
Jan–Aug 2026		$1741,339,232
The Toledo Edison Co.
Investor Owned · serves Henry		17.8¢
Jan–Aug 2026		$123278,814
Hancock-Wood Electric Coop Inc.
Cooperative · serves Henry		17.1¢
2024		$18511,307
City of Napoleon (OH)
Municipal · serves Henry		11.5¢
2024		$2256,087
North Western Elec Coop, Inc.
Cooperative · serves Henry		14.7¢
2024		$2636,061
Tricounty Rural Elec Coop, Inc. (OH)
Cooperative · serves Henry		16.0¢
2024		$2144,467
Village of Deshler (OH)
Municipal · serves Henry		17.7¢
2024		$214982

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Henry; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

Ohio price trend

11¢14¢17¢20¢23¢20222023202420252026Ohio averageU.S. averageOhio Power Co. 11¢14¢17¢20¢23¢20222023202420252026Ohio averageU.S. averageOhio Power Co.
Ohio averageU.S. averageOhio Power Co.
Aug 202619.4¢per kWh
vs. 1 year ago+10.4%17.6¢
vs. 5 years ago+48.7%13.0¢
Record high19.5¢May 2026
Avg. home bill$1991,029 kWh, Aug
EIA forecast, East North Central19.1¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the East North Central region, which includes Illinois, Indiana, Michigan, Ohio, Wisconsin.

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions about 43550

How much does electricity cost in 43550?

About 21.1¢ per kWh for homes (Ohio Power Co., Jan–Aug 2026, EIA). At 900 kWh a month that is roughly $190.

Who is the electric utility for 43550?

Ohio Power Co. serves Henry (EIA service territory), with about 1,339,232 residential customers in Ohio; 6 other utilities also serve parts of the area.

Is electricity in OH getting more expensive?

The Ohio residential average was 19.4¢ per kWh in August 2026, up 10.4% from a year earlier; the U.S. average was 18.2¢.

Can I choose my electricity supplier in OH?

Ohio allows retail electricity choice for many households; the local utility still delivers the power.