Electricity Rates in Faulkner, MD
Residents of Faulkner, 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 Faulkner
| 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 Faulkner
At 10.0¢/kWh, a typical Faulkner 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 Faulkner
Charging an electric vehicle at home in Faulkner 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 Faulkner, MD?
The average residential electricity rate in Faulkner, 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 Faulkner?
Faulkner is served by 1 electricity provider. Southern Maryland Elec Coop Inc is the largest provider in the area.
How do Faulkner electricity rates compare to the rest of Maryland?
Faulkner'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.