Skip to main content
Home
Contact Us
Member Forms
Receive Alerts
Report Outage
Menu

 The Firelands Electric Co-op office will be closed Friday, July 4. Outages and emergencies may be reported 24/7 by calling 1-800-533-8658.

Participate in our new monthly Energy Efficiency Scavenger Hunt for a chance to win a $25 bill credit.

The co-op will be collecting donations for VacationLand FCU's Stuff the Bus drive thru Aug. 4. www.firelandsec.com/community-donation-events


 

  • About Us
    • About Us
    • Annual Meeting of Members
    • Board of Trustees
    • Code of Regulations
    • Cooperative Elections
    • Cooperative History
    • Cooperative Principles
    • Economic Development
    • Employees and Staff
    • News & Updates
    • Ohio Cooperative Living Magazine
    • Privacy Policy
    • Statement of Nondiscrimination
  • Community
    • Cedar Point Discount Tickets
    • Community Donation Events
    • Contests
    • H.U.G. (Home Utility Gift Program)
    • Operation Round Up
    • Political Action Network
    • Ronald McDonald House
    • Safety Education
    • Scholarship Opportunities
    • TicketsAtWork
    • USO Ohio
    • Youth Tour Experience
    • A Team Academic Excellence
  • Member Account
    • Account Access - SmartHub
    • Change Service
    • Energy Assistance Programs
    • Meters and Billing
    • Payment Options
    • Rates & Service Charges
    • SmartHub 101
    • Understanding Your Bill
  • Member Services & Ways to Save
    • Capital Credits
    • Co-op Connections
    • Energy Education
    • Kids Zone
    • Member Programs & Rebates
    • Load Management
  • Operations & Safety
    • Electrical Safety
    • Emergency Safety Training
    • Generator Safety
    • Grain Bin Safety
    • Meter Tampering Notification
    • Outdoor Electrical Safety & OUPS
    • Right-of-Way Program & Trees
    • Service Entrance Diagrams
    • Storm Safety
  • Your Power
    • Firelands Electric Service Territory
    • Grid Reliability
    • Renewable Energy
      • Distributed Generation
    • OurSolar Community Program
    • Distribution Generation
    • Power Supply

Ohio Electrical Deregulation

ELECTRICAL DEREGULATION IN OHIO & CUSTOMER CHOICE deregulation
Ohio’s family of rural electric cooperatives adopted a “watch, wait, and see” stance when the State Legislature passed a package of bills in 2000 addressing electric industry deregulation, also called “electric choice.”

Ohio cooperative member systems look forward to wholesale rate stability, but around them regulated utilities struggle with issues ranging from aggregation and retail competition to electric security plans that are providing a bumpy transition to the envisioned fully deregulated market.

Ohio’s Electric Cooperatives did not opt in when the state General Assembly deregulated the wholesale power market in 2001. Lawmakers recognized the nonprofit, member-owned status of the cooperatives and their G&T, and they realized the advantages of local governance by G&T member boards and the strength of cost-based rates.

Electric cooperatives have watched while deregulation and retail choice in the early years failed to deliver savings for investor-owned utility (IOU) customers. The plunge of electricity prices on the wholesale market, driven by the recession and a glut of natural gas, changed this situation.

Today, the IOUs are fighting each other for consumers. Competitive retail electric suppliers are busy signing up customers on short-term contracts. Cities, villages, counties and townships are holding load aggregation votes. Ohio’s regulated power industry is churning and full of uncertainty.

Buckeye Power and its member systems continue to reap the benefits of stability and certainty. Over the decades, the cost of wholesale power for Ohio electric co-ops has been mostly stable, except during periods when capacity investment was required to meet growth demands or because of EPA compliance costs. Because Buckeye Power is a G&T cooperative owned by its member systems, corporate profits have never been the goal of power supply planning.

Buckeye Power provides safe, reliable and affordable electricity at cost-based rates. The planning and investment that resulted in upgrading power plants to world-class environmental performance did affect the cost of wholesale power, but it also ushered in at least a decade of rate stability, protecting members from the volatility of the market and the possibility of power supply pinches.

 

Tags
  • Deregulation
  • Customer Choice
  • EPA
  • Back to Top

    About Us

    Firelands Electric Cooperative is a member-owned, not-for-profit electric utility serving more than 9,100 homes and businesses in rural areas of Ashland, Huron, Lorain, and Richland counties.

    Quick Links

    • Contact Us
    • News
    • Statement of Non-Discrimination
    • Privacy Policy

    Contact Info

    Firelands Electric Cooperative, Inc.
    103 Industrial Drive
    New London, OH 44851-9112
    Outages: 1-800-533-8658
    Office: 419-929-1571
    Office Fax: 419-929-8550
    Operations Dept. Fax: 419-929-5122

    Office Hours

    Monday-Friday
    7:30 a.m. - 4:00 p.m.

    Emergency service is available 24/7
    by calling 1-800-533-8658

    ©2025 Firelands Electric Cooperative. All Rights Reserved.

    • About Us
      • About Us
      • Annual Meeting of Members
      • Board of Trustees
      • Code of Regulations
      • Cooperative Elections
      • Cooperative History
      • Cooperative Principles
      • Economic Development
      • Employees and Staff
      • News & Updates
      • Ohio Cooperative Living Magazine
      • Privacy Policy
      • Statement of Nondiscrimination
    • Community
      • Cedar Point Discount Tickets
      • Community Donation Events
      • Contests
      • H.U.G. (Home Utility Gift Program)
      • Operation Round Up
      • Political Action Network
      • Ronald McDonald House
      • Safety Education
      • Scholarship Opportunities
      • TicketsAtWork
      • USO Ohio
      • Youth Tour Experience
      • A Team Academic Excellence
    • Member Account
      • Account Access - SmartHub
      • Change Service
      • Energy Assistance Programs
      • Meters and Billing
      • Payment Options
      • Rates & Service Charges
      • SmartHub 101
      • Understanding Your Bill
    • Member Services & Ways to Save
      • Capital Credits
      • Co-op Connections
      • Energy Education
      • Kids Zone
      • Member Programs & Rebates
      • Load Management
    • Operations & Safety
      • Electrical Safety
      • Emergency Safety Training
      • Generator Safety
      • Grain Bin Safety
      • Meter Tampering Notification
      • Outdoor Electrical Safety & OUPS
      • Right-of-Way Program & Trees
      • Service Entrance Diagrams
      • Storm Safety
    • Your Power
      • Firelands Electric Service Territory
      • Grid Reliability
      • Renewable Energy
        • Distributed Generation
      • OurSolar Community Program
      • Distribution Generation
      • Power Supply