Electricity Rates in Owings mills, MD
Residents of Owings mills, MD benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. Baltimore Gas & Electric Co serves the area.
Electricity Providers in Owings mills
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Baltimore Gas & Electric Co | 12.0¢/kWh | 10.0¢/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 Owings mills
At 12.0¢/kWh, a typical Owings mills 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 Owings mills
Charging an electric vehicle at home in Owings mills 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 Owings mills, MD?
The average residential electricity rate in Owings mills, 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 Owings mills?
Owings mills is served by 1 electricity provider. Baltimore Gas & Electric Co is the largest provider in the area.
How do Owings mills electricity rates compare to the rest of Maryland?
Owings mills's average rate of 12.0¢/kWh is close to the Maryland state average of 12.0¢/kWh. Rates are typical for the region.