Electricity Rates in Henderson, MD
Henderson, MD is in a deregulated electricity market with 2 providers available. The average residential rate is 15.0¢/kWh, 25.0% above the Maryland average of 12.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Henderson
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Choptank Electric Cooperative, Inc | 16.0¢/kWh | 15.0¢/kWh | Cooperative |
| Delmarva Power | 14.0¢/kWh | 13.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Henderson
At 15.0¢/kWh, a typical Henderson household spends approximately $1594.80/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 Henderson
Charging an electric vehicle at home in Henderson costs approximately $135.00/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 Henderson, MD?
The average residential electricity rate in Henderson, MD is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Henderson?
Henderson is served by 2 electricity providers. Delmarva Power is the largest provider in the area, though rates and availability vary by specific address.
How do Henderson electricity rates compare to the rest of Maryland?
Henderson's average rate of 15.0¢/kWh is 25.0% above the Maryland state average of 12.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.