Electricity Rates in Zcta 20762, MD
Residents of Zcta 20762, 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 Zcta 20762
| 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 Zcta 20762
At 15.0¢/kWh, a typical Zcta 20762 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 Zcta 20762
Charging an electric vehicle at home in Zcta 20762 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 Zcta 20762, MD?
The average residential electricity rate in Zcta 20762, 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 Zcta 20762?
Zcta 20762 is served by 1 electricity provider. Potomac Electric Power Co is the largest provider in the area.
How do Zcta 20762 electricity rates compare to the rest of Maryland?
Zcta 20762'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.