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Manufacturing costs in Toledo, OH

Toledo, OH ranks 37 of 100 U.S. metros by estimated manufacturing energy use. Industrial power in Ohio costs 9.75 ¢/kWh, +15.1% from a year earlier, and consumer prices in the Midwest, size B/C index are +4.8% from a year earlier.

By Sam Strong, VP Business Development · Reviewed by Tara Dugger, COO · Data from FRED, BLS and EIA · Updated Nov 11, 2026

Rank by manufacturing energy use
37 of 100
Estimated manufacturing energy use
45.3 trillion Btu a year
Electricity
3,300 GWh a year (estimate)
Natural gas
34.1 million Dth a year (estimate)
Manufacturing jobs, 2024
43,122
Estimate confidence
Medium
Ohio industrial power, Aug 2026
9.75 ¢/kWh (+15.1% from a year earlier)
Ohio citygate gas, Apr to Apr 2026
$4.72 per Mcf (1 months reported)
Inflation, Midwest, size B/C, Sep 2026
+4.8% from a year earlier; +10.5% over three years

Inflation in Midwest, size B/C

  • Midwest, size B/C
  • U.S. city average
Inflation in Midwest, size B/C versus the U.S. city averageTwelve-month change in consumer prices for Midwest, size B/C and the U.S. city average, 2018 to Oct 2026.-2%0%+2%+4%+6%+8%+10%20182020202220242026Midwest, size B/CU.S. city averageInflation in Midwest, size B/C versus the U.S. city averageTwelve-month change in consumer prices for Midwest, size B/C and the U.S. city average, 2018 to Oct 2026.-2%0%+2%+4%+6%+8%+10%20182020202220242026Midwest, size B/CU.S. city average

Industrial electricity in Ohio

  • Ohio industrial
Industrial electricity price in OhioAverage industrial electricity price in Ohio, cents per kWh, monthly from EIA.5¢6¢7¢8¢9¢10¢11¢12¢201620182020202220242026Ohio industrialIndustrial electricity price in OhioAverage industrial electricity price in Ohio, cents per kWh, monthly from EIA.5¢6¢7¢8¢9¢10¢11¢12¢201620182020202220242026Ohio industrial

Ohio power and gas

Other Ohio metros in the index

National cost drivers

WTI crude +67.6%, Henry Hub gas −6.3%, chemical producer prices +6.6% and industrial electricity producer prices +4.1% from a year earlier. See the full index.

Questions

Questions about Toledo.

What the index measures, where the numbers come from, and how Discovery Energy checks energy bills against them.

How much energy do manufacturers use in Toledo?

Discovery Energy estimates that manufacturers in the Toledo, OH metro use about 45.3 trillion Btu of electricity and natural gas a year, rank 37 of the 100 largest U.S. manufacturing energy metros.

What do manufacturers pay for electricity in Toledo?

The average industrial electricity price in Ohio was 9.75 cents per kWh in Aug 2026, +15.1% from a year earlier, according to EIA. Actual rates depend on the utility, tariff and load profile.

How fast are prices rising in Toledo?

Consumer prices in the Midwest, size B/C index rose +4.8% over the latest twelve months reported by BLS. Nationally, crude oil is +68% and chemical producer prices +6.6% from a year earlier.

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