Electricity Rates in Maryland
Maryland has a deregulated electricity market, meaning residential customers can choose their electricity provider. The average residential rate is 12.0¢/kWh, but shopping around could save you money. Across 9 utilities, rates range from 8.0¢ to 16.0¢/kWh depending on your location and provider.
Maryland Electricity Rate History
Monthly residential electricity rates in Maryland over the last 24 months, based on EIA data.
Top Cities in Maryland
| City | Avg. Rate | Primary Utility | Providers |
|---|---|---|---|
| Baltimore | 12.0¢/kWh | Baltimore Gas & Electric Co | 1 |
| Rockville | 15.0¢/kWh | Potomac Electric Power Co | 1 |
| Columbia | 12.0¢/kWh | Baltimore Gas & Electric Co | 1 |
| Laurel | 12.0¢/kWh | Baltimore Gas & Electric Co | 1 |
| Silver spring | 15.0¢/kWh | Potomac Electric Power Co | 1 |
| Laytonsville | 13.0¢/kWh | Potomac Electric Power Co | 3 |
| Gwynn oak | 12.0¢/kWh | Baltimore Gas & Electric Co | 1 |
| Saint charles | 10.0¢/kWh | Southern Maryland Elec Coop Inc | 1 |
| Dundalk sparrows | 12.0¢/kWh | Baltimore Gas & Electric Co | 1 |
| Darnestown | 13.0¢/kWh | Potomac Electric Power Co | 2 |
| Gaithersburg | 13.0¢/kWh | Potomac Electric Power Co | 2 |
| Hagerstown | 9.0¢/kWh | The Potomac Edison Company | 2 |
| Cockeysville hun | 12.0¢/kWh | Baltimore Gas & Electric Co | 1 |
| Mitchellville | 13.0¢/kWh | Baltimore Gas & Electric Co | 2 |
| Bethesda | 15.0¢/kWh | Potomac Electric Power Co | 1 |
| Bel air | 13.0¢/kWh | Baltimore Gas & Electric Co | 2 |
| Bowie | 12.0¢/kWh | Baltimore Gas & Electric Co | 1 |
| Brooklyn curtis | 12.0¢/kWh | Baltimore Gas & Electric Co | 1 |
| Colesville | 13.0¢/kWh | Baltimore Gas & Electric Co | 2 |
| Glen burnie | 12.0¢/kWh | Baltimore Gas & Electric Co | 1 |
Utilities in Maryland
| Utility | Type | Avg. Residential Rate | ZIP Codes Served |
|---|---|---|---|
| A & N Electric Coop | Cooperative | 13.0¢/kWh | 61 |
| Baltimore Gas & Electric Co | Investor Owned | 12.0¢/kWh | 225 |
| Choptank Electric Cooperative, Inc | Cooperative | 16.0¢/kWh | 76 |
| Delmarva Power | Investor Owned | 14.0¢/kWh | 208 |
| Easton Utilities Comm | Municipal | 13.0¢/kWh | 2 |
| Hagerstown Light Department | Municipal | 8.0¢/kWh | 7 |
| Potomac Electric Power Co | Investor Owned | 12.0¢/kWh | 402 |
| Southern Maryland Elec Coop Inc | Cooperative | 10.0¢/kWh | 73 |
| The Potomac Edison Company | Investor Owned | 9.0¢/kWh | 125 |
How Maryland Compares
Frequently Asked Questions
What is the average electricity rate in Maryland?
The average residential electricity rate in Maryland is 12.0¢ per kilowatt-hour (kWh) based on 2024 EIA data. Rates range from 8.0¢ to 16.0¢/kWh depending on your utility provider and location within the state.
Who is the cheapest electricity provider in Maryland?
Electricity rates in Maryland vary by provider and location. The state has 9 utility companies serving different areas. To find the cheapest rate available to you, enter your ZIP code in our lookup tool above for your specific options.
Is Maryland a deregulated electricity market?
Yes, Maryland has a deregulated electricity market. This means residential customers can choose their electricity supplier, potentially finding a lower rate than their default utility provider.
How have electricity rates changed in Maryland?
Electricity rates in Maryland have increased 17.7% over the past year. The current average residential rate is 12.0¢/kWh.
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