Electricity Rates in Germantown, MD
Germantown, MD is in a deregulated electricity market with 2 providers available. The average residential rate is 12.0¢/kWh, close to the Maryland average of 12.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Germantown
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Potomac Electric Power Co | 15.0¢/kWh | 10.0¢/kWh | Investor Owned |
| The Potomac Edison Company | 9.0¢/kWh | 9.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Germantown
At 12.0¢/kWh, a typical Germantown household spends approximately $1275.84/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 Germantown
Charging an electric vehicle at home in Germantown costs approximately $108.00/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 Germantown, MD?
The average residential electricity rate in Germantown, MD is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.
Who provides electricity in Germantown?
Germantown is served by 2 electricity providers. Potomac Electric Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do Germantown electricity rates compare to the rest of Maryland?
Germantown's average rate of 12.0¢/kWh is close to the Maryland state average of 12.0¢/kWh. Rates are typical for the region.