WattBuy’s Guide toElectricity in
Electricity in
Maryland
Here's the average monthly bill, usage, and carbon footprint of residents in Maryland
January
$134February
$137March
$124April
$111lowestMay
$124June
$202July
$303highestAugust
$262September
$150October
$137November
$138December
$138Carbon Emissions
524 lbs CO₂
Monthly Usage
913 kWh
Maryland's energy comes from Natural Gas, Nuclear, Hydroelectric, Solar, Coal, Wind, and Petroleum. Natural Gas is the largest source of electricity, providing 42% of Maryland's energy. Nuclear is the second largest source, making up 38%. Hydroelectric provides 8% of the energy in Maryland. Solar provides 7% of the energy in Maryland. Coal provides 3% of the energy in Maryland. Wind provides 2% of the energy in Maryland. Petroleum provides 1% of the energy in Maryland.
42%
Natural Gas
38%
Nuclear
8%
Hydroelectric
7%
Solar
3%
Coal
2%
Wind
1%
Petroleum
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
672 kWh
Energy generated by average sized system
$16,003
Average system cost
(after federal incentive)
10 years
Payback period
Net metering policies in Maryland can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
There are a variety of electricity plans available to residents of Maryland. The following companies provide electricity plans in the state:
Pepco - Maryland has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| RESIDENTIAL SERVICE - WITH PLUG-IN VEHICLE CHARGING SCHEDULE "R-PIV" | TOU | 12¢ to 25¢ |
| Residential, Standard Offer Service (Schedule R) | Fixed | 15¢ to 19¢ |
| Residential Time Metered (Schedule R-TM) | TOU | 5¢ to 6¢ |
| Residential Time Metered, Standard Offer Service (Schedule R-TM) | TOU | 17¢ to 18¢ |
| PLUG-IN VEHICLE CHARGING - SCHEDULE "PIV" (Closed to new customers) | TOU | 9¢ to 19¢ |
| RESIDENTIAL SERVICE - WITH PLUG-IN VEHICLE CHARGING SCHEDULE "R-PIV" | TOU | 5¢ to 9¢ |
| RESIDENTIAL TIME-OF-USE PILOT PROGRAM R-TOU-P | TOU | 3¢ to 25¢ |
| Residential (Schedule R) | Fixed | 5¢ to 9¢ |
| RESIDENTIAL TIME-OF-USE PILOT PROGRAM R-TOU-P | TOU | 10¢ to 46¢ |
Choptank Electric Coop, Inc has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential | Fixed | 12¢ |
Hagerstown Light Department has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Schedule R-NM Residential Net Metering | Fixed | 6¢ |
| Schedule R- RESIDENTIAL SERVICE | Fixed | 6¢ |
Potomac Edison - Maryland has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Schedule R Residential Service | Fixed | 11¢ to 11¢ |
| Schedule R Residential Service | Fixed | 4¢ |
Baltimore Gas and Electric has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service (Schedule R) | Fixed | 4¢ |
| Residential Optional Time of Use (Schedule RL) | Fixed | 5¢ to 5¢ |
| Residential Service- Electric | Fixed | 5¢ |
| Residential Service (Schedule R) | Fixed | 14¢ |
| Residential Delivery and Energy Time of Use (Schedule RD) | TOU | 3¢ to 10¢ |
| Residential Optional Time of Use (Schedule RL) | TOU | 11¢ to 17¢ |
| Residential Delivery and Energy Time of Use (Schedule RD) | TOU | 9¢ to 32¢ |
| Residential Electric Vehicle Time-of-Use (Schedule EV) | TOU | 9¢ to 25¢ |
Easton Utilities Comm has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Schedule-R RESIDENTIAL RATE | Fixed | 3¢ to 4¢ |
SMECO has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service | Fixed | 13¢ to 13¢ |
| Residential Service | Fixed | 6¢ |
Delmarva Power and Light - Maryland has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| RESIDENTIAL TIME OF USE PILOT PROGRAM "R-TOU-P" | TOU | 10¢ to 44¢ |
| RESIDENTIAL "R" | Fixed | 7¢ to 7¢ |
| RESIDENTIAL TIME OF USE NON-DEMAND "R-TOU-ND" | TOU | 16¢ to 24¢ |
| RESIDENTIAL TIME OF USE PILOT PROGRAM "R-TOU-P" | TOU | 3¢ to 22¢ |
| RESIDENTIAL TIME OF USE NON-DEMAND "R-TOU-ND" | TOU | 7¢ to 14¢ |
| RESIDENTIAL "R" | Fixed | 16¢ to 17¢ |
Town of Williamsport has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service All-Electric | Fixed | 9¢ to 15¢ |
Berlin Town of has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Classification #1 Residential Service | Fixed | 8¢ to 10¢ |
Thurmont Municipal Light Co has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| RESIDENTIAL SERVICE | Fixed | 4¢ |
| RESIDENTIAL SERVICE - ALL ELECTRIC | Fixed | 4¢ |
The price to compare for Baltimore Gas and Electric is 11.11¢. Rates are based on an estimated usage of 913 kWh per month.Update usage.
| Provider | Plan | Rate Per kWh | Plan Length | ||
|---|---|---|---|---|---|
| Direct Energy | Live Brighter 12 cheapestcheapest 12 months | 11.09¢ | 12 months | Choose Plan | |
| Direct Energy | Live Brighter 18 cheapest 13+ months | 12.19¢ | 18 months | Choose Plan | |
| Direct Energy | Live Brighter 20 | 12.39¢ | 20 months | Choose Plan | |
The price to compare for Delmarva Power and Light - Maryland is 11.45¢. Rates are based on an estimated usage of 913 kWh per month.Update usage.
| Provider | Plan | Rate Per kWh | Plan Length | ||
|---|---|---|---|---|---|
| Direct Energy | Live Brighter 12 cheapestcheapest 12 months | 12.49¢ | 12 months | Choose Plan | |
| Direct Energy | Live Brighter 6 cheapestcheapest <12 months | 12.49¢ | 6 months | Choose Plan | |
| Direct Energy | Live Brighter 18 cheapest 13+ months | 12.69¢ | 18 months | Choose Plan | |
The price to compare for Pepco - Maryland is 9.44¢. Rates are based on an estimated usage of 913 kWh per month.Update usage.
| Provider | Plan | Rate Per kWh | Plan Length | ||
|---|---|---|---|---|---|
| Direct Energy | Live Brighter 12 cheapestcheapest 12 months | 11.69¢ | 12 months | Choose Plan | |
| Direct Energy | Live Brighter 18 cheapest 13+ months | 12.19¢ | 18 months | Choose Plan | |
| Direct Energy | Live Brighter 20 | 12.29¢ | 20 months | Choose Plan | |
The price to compare for Potomac Edison - Maryland is 9.78¢. Rates are based on an estimated usage of 913 kWh per month.Update usage.
| Provider | Plan | Rate Per kWh | Plan Length | ||
|---|---|---|---|---|---|
| Direct Energy | Live Brighter 12 cheapestcheapest 12 months | 9.49¢ | 12 months | Choose Plan | |
| Direct Energy | Live Brighter 18 cheapest 13+ months | 9.99¢ | 18 months | Choose Plan | |
| Direct Energy | Live Brighter 20 | 10.09¢ | 20 months | Choose Plan | |
After the Electric Customer Choice and Competition Act passed in 1999, deregulation in Maryland began. Under the legislation, consumers were granted the power to choose their electric provider.
Prior to this competitive market, electricity prices were fully regulated by the Maryland Public Service Commission (PSC) and utilities owned electricity generation, distribution, and retail supply. Now, with deregulation, utilities no longer own generation or have an exclusive hold on the supply of electricity.
This provides opportunities for customers to shop for their electricity from electric suppliers, who must compete for their business. According to the Maryland Public Service Commission (PSC), about 21% of residents were served by competitive electric suppliers in December 2016.
To promote renewable energy, the Maryland state government established Maryland’s Renewable Portfolio Standard (RPS) in 2004. This legislation aimed to increase the amount of energy produced by renewable sources to 25 percent by 2020. According to the U.S. Energy Information Administration (EIA), in 2017, hydroelectric power and utility-scale solar photovoltaic generation accounted for 10% of Maryland's total net electricity generation.
In May 2019, the General Assembly of Maryland passed SB 516, a bill that required 50% of Maryland’s energy to come from renewable energy sources by 2030. Designed to reduce the state’s dependence on fossil fuels and greenhouse gas emissions, SB 516 established Maryland as the leading state in the U.S. to use energy policy to promote investment in green technology.
A lot of WattBuy’s suppliers use renewable energy sources to generate their energy. You can check if any renewable energy sources are available in your area by inputting your zip code at the top of this page!
Enter your address and WattBuy's proprietary energy estimation model will find the best electricity options for your home