Why electric bill might be higher

Customers of big utilities in Ohio saw electric bills rise this summer. Why? Supply and demand. The supply of electricity has dropped as demand has climbed, leading to a volatile energy market, or higher prices for generation, transmission and distribution of electricity. Ohio electric cooperative members didn’t see the increase because they’re part of the wholesale electricity market. Cooperatives own their power generation and provide it at-cost, keeping prices stable.

Why are we using more electricity? Electric cars, technology—the world is more electrified at a time when power generation has decreased. Ohio had 21 coal plants in 2009. Today there are three—others closed due to costly EPA rules. PJM, the organization that manages the grid in Ohio and 12 other states, has been warning the past few years declining generation was putting reliable electricity at risk. Renewables, like solar and wind have come on the grid, but don’t fill the gap, and they’re not available 24/7/365.

Enter data centers. They’re driving electricity demand higher. They are the places our favorite movies, photos, and other cloud data get stored, and they consume a lot of power.
A ChatGPT search requires 10 times the power of a standard Google search. A single data center can use 1,500 MW of power—enough to power 1.5 million homes.

How does Ohio close the power gap? Build more transmission lines, infrastructure and generation. Ohio’s HB15 is aimed at attracting generation investment but it takes time and money—and could keep big electric bills around for the short term. Data centers are considering building their own generation.

Electric cooperatives have enough generation to meet current member needs and are focused on making sure any additional costs or investment needed to serve data center load is allocated to data centers—and not shifted to members.

Ohio's Electric Cooperatives

About Ohio’s Electric Cooperatives

Ohio’s Electric Cooperatives (OEC) represents 24 member-owned, not-for-profit electric cooperatives who supply at-cost power to 1-million cooperative members in 77 of Ohio’s 88 counties. OEC also generates power at the member-owned cooperative Cardinal Plant, located along the Ohio River in Brilliant, Ohio. 

 

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Ryanna Tietje

Henry County Farm Bureau

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The issue of property taxation remains as one of the biggest challenges our members face today. Ensuring agricultural property is valued for its agricultural potential and not development is critical to the continued success of Ohio agriculture.
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Matt Aultman

Darke County Farm Bureau

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Bill and Charlotte Wachtman

Henry County

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Gretchan Francis

Trumbull County Farm Bureau

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Hannah Kiser

Sandusky County Farm Bureau

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Chad Ruhl

Farm manager, CSI Insurance

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Mary Smallsreed

Trumbull County Farm Bureau

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