Electricity Rates in Savage, MD
Residents of Savage, 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 Savage
| 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 Savage
At 12.0¢/kWh, a typical Savage 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 Savage
Charging an electric vehicle at home in Savage 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 Savage, MD?
The average residential electricity rate in Savage, 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 Savage?
Savage is served by 1 electricity provider. Baltimore Gas & Electric Co is the largest provider in the area.
How do Savage electricity rates compare to the rest of Maryland?
Savage's average rate of 12.0¢/kWh is close to the Maryland state average of 12.0¢/kWh. Rates are typical for the region.