Electricity Rates in Hagerstown, MD
Hagerstown, MD is in a deregulated electricity market with 2 providers available. The average residential rate is 9.0¢/kWh, 25.0% below the Maryland average of 12.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Hagerstown
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Hagerstown Light Department | 8.0¢/kWh | 8.0¢/kWh | Municipal |
| The Potomac Edison Company | 9.0¢/kWh | 9.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 9.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Hagerstown
At 9.0¢/kWh, a typical Hagerstown household spends approximately $956.88/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 Hagerstown
Charging an electric vehicle at home in Hagerstown costs approximately $81.00/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 Hagerstown, MD?
The average residential electricity rate in Hagerstown, MD is 9.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $79.74 for a typical household.
Who provides electricity in Hagerstown?
Hagerstown is served by 2 electricity providers. The Potomac Edison Company is the largest provider in the area, though rates and availability vary by specific address.
How do Hagerstown electricity rates compare to the rest of Maryland?
Hagerstown's average rate of 9.0¢/kWh is 25.0% below the Maryland state average of 12.0¢/kWh. Residents enjoy some of the lower rates in the state.