WattBuy’s Guide toElectricity in
Electricity in
Maryland
Here's the average monthly bill, usage, and carbon footprint of residents in Maryland
January
$519highestFebruary
$422March
$212April
$207May
$206lowestJune
$216July
$246August
$220September
$217October
$218November
$243December
$401Carbon Emissions
748 lbs CO₂
Monthly Usage
1,267 kWh
Maryland's energy comes from Natural Gas, Nuclear, Solar, Coal, Hydroelectric, Petroleum, and Wind. Natural Gas is the largest source of electricity, providing 43% of Maryland's energy. Nuclear is the second largest source, making up 34%. Solar provides 13% of the energy in Maryland. Coal provides 7% of the energy in Maryland. Hydroelectric provides 2% of the energy in Maryland. Petroleum provides 1% of the energy in Maryland. Wind provides 1% of the energy in Maryland.
43%
Natural Gas
34%
Nuclear
13%
Solar
7%
Coal
2%
Hydroelectric
1%
Petroleum
1%
Wind
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
$22,861
Average system cost
19 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 TIME-OF-USE PILOT PROGRAM | TOU | 6¢ to 33¢ |
| RESIDENTIAL SERVICE | Fixed | 8¢ to 13¢ |
| PLUG-IN VEHICLE CHARGING | Fixed | 11¢ to 15¢ |
| RESIDENTIAL SERVICE – WITH PLUG-IN VEHICLE CHARGING | Fixed | 11¢ to 15¢ |
| RESIDENTIAL TIME METERED SERVICE | Fixed | 8¢ to 9¢ |
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¢ |
Hagerstown Light Department has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service | Fixed | 12¢ to 12¢ |
Potomac Edison - Maryland has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| RESIDENTIAL SERVICE | Fixed | 17¢ |
| Residential Time-of-Use | TOU | 12¢ |
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- Electric | Fixed | 6¢ |
| Residential Optional Time of Use - Electric | TOU | 6¢ |
| Residential Delivery and Energy Time of Use - Electric | TOU | 4¢ to 12¢ |
| Residential Electric Vehicle Time-of-Use - Electric | TOU | 6¢ |
Easton Utilities Comm has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential | Fixed | 7¢ |
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¢ |
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 WITH PLUG-IN VEHICLE CHARGING SERVICE | TOU | 10¢ |
| RESIDENTIAL SERVICE | Fixed | 10¢ |
| RESIDENTIAL TIME OF USE NON-DEMAND | TOU | 8¢ to 14¢ |
| RESIDENTIAL TIME-OF-USE PILOT PROGRAM RATE | TOU | 7¢ to 19¢ |
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 | 3¢ |
| RESIDENTIAL SERVICE – ALL ELECTRIC | Fixed | 3¢ |
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 | 17¢ |
SMECO 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 SERVICE | TOU | 16¢ to 29¢ |
| Residential Service | Fixed | 19¢ to 19¢ |
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