Electricity Rates in Takoma park, MD
Residents of Takoma park, MD benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. Potomac Electric Power Co serves the area.
Electricity Providers in Takoma park
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Potomac Electric Power Co | 15.0¢/kWh | 10.0¢/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 Takoma park
At 15.0¢/kWh, a typical Takoma park 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 Takoma park
Charging an electric vehicle at home in Takoma park 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 Takoma park, MD?
The average residential electricity rate in Takoma park, 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 Takoma park?
Takoma park is served by 1 electricity provider. Potomac Electric Power Co is the largest provider in the area.
How do Takoma park electricity rates compare to the rest of Maryland?
Takoma park'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.