Electricity Rates in Coltons point, MD
Residents of Coltons point, MD benefit from relatively low electricity rates, averaging 10.0¢/kWh — 43.8% below the national average. Southern Maryland Elec Coop Inc serves the area.
Electricity Providers in Coltons point
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Southern Maryland Elec Coop Inc | 10.0¢/kWh | 8.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 10.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Coltons point
At 10.0¢/kWh, a typical Coltons point household spends approximately $1063.20/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Coltons point
Charging an electric vehicle at home in Coltons point costs approximately $90.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Maryland
Frequently Asked Questions
What is the average electricity rate in Coltons point, MD?
The average residential electricity rate in Coltons point, MD is 10.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $88.60 for a typical household.
Who provides electricity in Coltons point?
Coltons point is served by 1 electricity provider. Southern Maryland Elec Coop Inc is the largest provider in the area.
How do Coltons point electricity rates compare to the rest of Maryland?
Coltons point's average rate of 10.0¢/kWh is 16.7% below the Maryland state average of 12.0¢/kWh. Residents enjoy some of the lower rates in the state.