Ohio Electricity Rates

Electricity Rates in New Madison, OH

Served by AES Ohio

128 active offersEffective rate: 9.45¢/kWhUpdated 2026-06-01

Effective Utility Rate

9.45¢/kWh

AES Ohio's current generation rate — any lower offer saves you money.

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SupplierRate (¢/kWh)vs. UtilityTypeTerm
American Power & Gas of Ohio, LLC6.49¢-2.96¢variable1 mo.Enroll →
American Power & Gas of Ohio, LLC7.49¢-1.96¢fixed3 mo.Enroll →
SFE Energy Ohio, Inc7.99¢-1.46¢fixed6 mo.
American Power & Gas of Ohio, LLC7.99¢-1.46¢fixed3 mo.Enroll →
American Power & Gas of Ohio, LLC7.99¢-1.46¢variable1 mo.Enroll →
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History of New Madison

New Madison was platted by Zadock Smith in 1817 for purposes of land speculation, but his efforts failed; he was unable to sell any of the lots. Two years later, he sold the land to Ernestus Putnam, who replatted the village and began to sell lots in 1831; unlike Smith, Putnam saw the establishment of a successful community. The village was named after Madison, Indiana by Ernestus Putman. Ernestus Putman previously lived in Madison, In. and he named it New Madison after he bought the village. The first church in the community was a Presbyterian congregation. While the community's first school was founded in its early years, the building was replaced by a substantial two-story structure in 1870; it in turn was replaced by a larger built in 1897.

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New Madison by the Numbers

Population
2,022
Median Age
48.4 yrs
Median Household Income
$81,076/yr
Median Home Value
$162,300
Homeownership Rate
74%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

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