Electric Rates In Maryland
Keep reading to learn more about the advantages of maryland energy choice and get the best rates in your area.
Electric rates in maryland. Rates and fees charged by the electric utilities are reviewed and considered for reasonableness by the md psc in rate cases and other administrative proceedings. Residential electricity rates in maryland average 12 84 kwh which ranks the state 15th in the nation. In it you can compare the standard rate price to compare charged by the utility firm with a variety of competitive electricity rates offered by retail energy. See list of electric company web sites in the column at left.
To find out about the rates offered by electricity suppliers in your area you will need to contact those suppliers directly. Bge s service area covers 2 300 square miles including baltimore and ten central maryland counties. Maryland electric choice a state wide official program was created to encourage residents to shop for cheaper electricity rates and provide information about energy suppliers utility companies and other state energy initiatives. Shop maryland electricity rates baltimore gas electric bge electricity rates.
Terms of 12 24 and even 36 months may be available. Rider 25 historical rates. It also means that maryland electricity rates are available in several different types allowing you to decide which makes the most sense for your household. Electric companies in maryland post their rates for residential customers on their web sites.
We are committed to providing you with reliable electric ity service at the lowest possible cost. What s my current electric rate. Current distribution charge monthly rate adjustment rider 25 this adjustment enables the company to collect the monthly electric distribution revenues authorized by the maryland public service commission reflecting any change in the number of customers. Maryland law permits electricity suppliers to offer electricity supply to retail customers including residential customers in addition to the regulated electric utility.
The average price a residential customer in the united states pays for electricity is 13 31 cents per kwh. Meter and submeter shops. The average electricity rate is 13 19 cents per kilowatt hour kwh. Residential electricity rates in md.
A fixed rate plan sets your rates for the length of the plan. The price you pay for electricity depends on numerous factors including but not limited to your location time of year consumption and market changes disruptions. Energy efficiency empower maryland.