Electricity Rate in Maryland (2026): 21.84c/kWh Average

The EIA residential electricity price in Maryland is 21.84 cents per kWh as of June 2026, 3.50c above the US average of 18.34c/kWh. The Maryland commercial rate is 16.84c/kWh and the industrial rate is 13.51c/kWh (EIA Electric Power Monthly, Table 5.6.A).

Residential Rate

21.84¢

per kWh

vs US Avg

+19%

3.50c above

Avg Monthly Bill

$184

945 kWh

Provider Choice

Yes

Can switch suppliers

Best Electricity Rates in Maryland (2026)

In Maryland the number to beat is your utility's Standard Offer Service (SOS) rate, also called the "Price to Compare" (PTC): the default generation supply rate a competitive supplier has to undercut to save you money. BGE (Baltimore area), Pepco (the DC suburbs), and Delmarva Power (the Eastern Shore) each set their SOS through PSC-approved wholesale procurement and reset it seasonally, with new summer rates taking effect June 1. That supply rate is only part of your bill - the delivery (wires) charge stays with your utility and is not competitive whichever supplier you pick. To pay less than SOS, compare state-licensed suppliers on Maryland EnergyChoice, the Public Service Commission's official shopping portal, and check each offer's price per kWh against the "Price to Compare" printed on your own bill.

Supply - Standard Offer Service

Set by PSC

your Price to Compare; resets each June 1 (BGE, Pepco, Delmarva)

Delivery - wires charge

Not competitive

stays with your local utility, whichever supplier you pick

All-in state average (EIA)

21.84c

incl. delivery + riders, June 2026

Maryland's sharp 2025-2026 SOS increases trace largely to the PJM Interconnection capacity market, where the 2025/26 auction cleared at a record $269.92 per MW-day (up from $28.92 the prior year) and the following 2026/27 auction again cleared near its cap at $329.17 per MW-day. When you compare a competitive supplier offer, watch for low teaser rates that jump after a few months, variable-rate plans with no cap, and early-termination fees that can wipe out the savings. The all-in state average shown above is the EIA figure across delivery, supply, and riders, so it runs well above the supply-only Price to Compare.

Maryland EnergyChoice->How to shop for a better rate

Maryland Electricity Rate: What You Need to Know

Maryland electricity averages 21.84 cents per kWh for residential customers as of June 2026, according to the EIA Electric Power Monthly. This is 3.50c above the US average of 18.34c/kWh. The average monthly bill for Maryland households is $184 based on typical usage of 945 kWh.

Maryland's 21.84c/kWh rate (June 2026) is above the US average and rose about 13.2% year over year, one of the steeper increases in the country. Maryland is a deregulated state: BGE (Baltimore area), Pepco (the DC suburbs), and Delmarva Power (the Eastern Shore) deliver the electricity and provide default Standard Offer Service, while households can also buy generation supply from competitive retail suppliers. The sharp 2025-2026 increases trace largely to the PJM Interconnection capacity market, where the 2025/26 auction cleared at $269.92 per MW-day (up from $28.92 the prior year) and the BGE zone hit its zonal cap of $466.35 per MW-day; the following 2026/27 auction again cleared at its cap, $329.17 per MW-day. A major driver in the BGE zone is the reliability-must-run contracts keeping Talen Energy's Brandon Shores and Wagner plants online past their planned 2025 retirement until new transmission lines are built, expected around 2028. Maryland's generation mix is natural gas, nuclear (the Calvert Cliffs station), and a growing renewables share.

Generation mix: Natural gas 45%, nuclear 30%, renewables 20%, coal 5%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.

Year-over-year change: Maryland rates rose 13.2% year-over-year as of June 2026. This compares to the US average increase of 5% over the same period.

Deregulated: You Can Shop for a Better Rate

Maryland PSC - BGE, Pepco, Delmarva default; competitive supply optional

How to shop for a better rate ->

Your Maryland Electricity Bill Components

Energy charge (945 kWh x 21.84c)$206.39

Fixed customer charge (estimated)~$10.00

Estimated monthly total$216.39

Maryland Rate by Sector - June 2026

Residential (US 18.34c)21.84c

Commercial (US 14.19c)16.84c

Industrial (US 9.17c)13.51c

Source: EIA Electric Power Monthly, Table 5.6.A.

Dominant Utility

BGE / Pepco

Adjacent States

Virginia17.22c

Delaware19.29c

Pennsylvania21.73c

West Virginia15.45c

Calculate Your MD Bill

State pre-selected in our full bill calculator with TOU and commercial modes.

Open Bill Calculator ->

Electric Utilities in Maryland: 84 Listed (2024 EIA-861)

EIA's Form 861 census records 84 entities with 2024 retail electricity sales in Maryland: 9 distribution utilities filing the full form, 3 small utilities filing the short form (EIA-861S), and 72 competitive energy-only suppliers. By ownership: 72 retail power marketer, 5 municipal, 4 investor owned, 3 cooperative. The state-wide average realised residential price in 2024 was 17.86 cents per kWh across 2,394,022 residential customers and 27,327,356 MWh of sales; EIA's latest monthly figure is 21.84c (June 2026). The largest utility by residential accounts served (bundled plus delivery-only) is Baltimore Gas & Electric Co with 1,214,100 (17.91c per kWh, 46.4% of state residential sales by MWh). 9 of the 9 distribution utilities have a detail page; the rest are listed here only.

Distribution utilities (9), ranked by residential accounts served (bundled + delivery-only), 2024; residential price = bundled service where offered
#	Utility	Ownership	Res. accounts	Residential	Commercial	Counties
1	Baltimore Gas & Electric Co	Investor Owned	1,214,100	17.91c	16.17c	9
2	Potomac Electric Power Coalso DC	Investor Owned	553,607	20.08c	14.77c	2
3	The Potomac Edison Companyalso WV	Investor Owned	256,568	13.83c	13.55c	7
4	Delmarva Poweralso DE	Investor Owned	186,368	20.22c	19.81c	10
5	Southern Maryland Elec Coop Inc	Cooperative	160,882	14.84c	12.60c	4
6	Choptank Electric Cooperative, Inc	Cooperative	50,697	16.46c	15.29c	9
7	Hagerstown Light Department	Municipal	15,099	7.77c	8.08c	1
8	Easton Utilities Comm	Municipal	8,590	13.06c	12.68c	1
9	A & N Electric Coopalso VA	Cooperative	253	13.69c	13.54c	1

Competitive energy-only suppliers (72): energy charge only, delivery billed by the local utility
Supplier	Type	Res. customers (energy-only)	Energy-only res.	Energy-only com.
Constellation NewEnergy, Inc18 states	Retail Power Marketer	68,033	11.30c	7.92c
WGL Energy Services, Inc.5 states	Retail Power Marketer	27,043	11.09c	7.55c
Inspire Energy Holdings, LLC9 states	Retail Power Marketer	25,372	15.47c	16.24c
CleanChoice Energy, Inc.9 states	Retail Power Marketer	20,822	16.71c	15.94c
Direct Energy Services13 states	Retail Power Marketer	19,359	12.52c	10.48c
Just Energy Solutions Inc.6 states	Retail Power Marketer	17,230	13.40c	14.83c
Reliant Energy Northeast LLC10 states	Retail Power Marketer	16,099	15.29c	15.91c
IDT Energy, Inc.7 states	Retail Power Marketer	8,215	17.39c	13.70c
XOOM Energy Maryland, LLC	Retail Power Marketer	7,165	14.79c	13.76c
SFE Energy Maryland, Inc.	Retail Power Marketer	6,585	11.92c	11.97c
MPower Energy NJ LLC6 states	Retail Power Marketer	5,857	18.49c	15.61c
Ambit Energy Holdings, LLC12 states	Retail Power Marketer	5,298	14.98c	12.94c
Energy Services Providers, Inc7 states	Retail Power Marketer	5,083	15.95c	13.51c
Palmco Power MD, LLC	Retail Power Marketer	3,776	22.33c	10.09c
Titan Gas LLC9 states	Retail Power Marketer	3,438	16.04c	8.28c
Stream Energy Maryland, LLC	Retail Power Marketer	2,852	15.80c	14.90c
Major Energy Electric Services8 states	Retail Power Marketer	2,836	15.47c	9.98c
AEP Energy7 states	Retail Power Marketer	2,781	10.29c	7.80c
Tomorrow Energy Corp.6 states	Retail Power Marketer	2,755	19.30c	n/a
Public Power & Utility of Maryland, LLC	Retail Power Marketer	2,697	11.10c	14.00c
SmartEnergy Holdings, LLC13 states	Retail Power Marketer	2,657	11.19c	n/a
Spring Energy RRH LLC3 states	Retail Power Marketer	2,534	16.11c	16.04c
Energy Harbor Corp.6 states	Retail Power Marketer	2,208	10.02c	9.05c
Green Mountain Energy Company7 states	Retail Power Marketer	1,873	15.33c	n/a
StateWise Energy Maryland LLC	Retail Power Marketer	1,758	10.95c	11.62c
Spark Energy, LP4 states	Retail Power Marketer	1,754	16.33c	20.30c
Viridian Energy PA LLC5 states	Retail Power Marketer	1,654	16.51c	16.33c
Energy Plus Holdings LLC8 states	Retail Power Marketer	1,626	16.04c	16.05c
Eligo Energy, LLC9 states	Retail Power Marketer	1,439	18.19c	9.67c
Interstate Gas Supply, Inc.4 states	Retail Power Marketer	1,312	12.25c	7.90c
Energywell LLC13 states	Retail Power Marketer	1,276	11.13c	12.93c
Median Energy Corp.5 states	Retail Power Marketer	1,276	17.77c	n/a
Clearview Electric Inc.12 states	Retail Power Marketer	1,258	19.03c	21.68c
Greenlight Energy Inc.7 states	Retail Power Marketer	1,247	13.67c	n/a
Nordic Energy Services, LLC10 states	Retail Power Marketer	1,157	14.25c	14.50c
North American Power and Gas, LLC9 states	Retail Power Marketer	1,138	16.26c	16.96c
Atlantic Energy LLC10 states	Retail Power Marketer	1,133	17.70c	20.53c
National Gas & Electric, LLC5 states	Retail Power Marketer	1,075	12.98c	14.41c
Rushmore Energy, LLC6 states	Retail Power Marketer	1,013	11.81c	n/a
American Power & Gas7 states	Retail Power Marketer	900	17.26c	16.33c
RPA Energy, Inc.7 states	Retail Power Marketer	729	19.01c	n/a
Park Power LLC6 states	Retail Power Marketer	717	18.76c	n/a
Great American Power, LLC4 states	Retail Power Marketer	595	12.69c	15.00c
Horizon Power and Light, LLC2 states	Retail Power Marketer	577	17.07c	9.13c
Powervine Energy3 states	Retail Power Marketer	577	13.41c	n/a
Alpha Gas and Electric, LLC8 states	Retail Power Marketer	492	16.03c	n/a
AP Holdings LLC7 states	Retail Power Marketer	343	14.23c	10.21c
Discount Power Inc (CT)7 states	Retail Power Marketer	295	19.49c	19.15c
MidAmerican Energy Services, LLC10 states	Retail Power Marketer	219	7.05c	6.64c
Shipley Choice, LLC3 states	Retail Power Marketer	213	14.02c	9.25c
ENGIE Power & Gas LLC6 states	Retail Power Marketer	122	18.43c	15.00c
NextEra Energy Services, LLC13 states	Retail Power Marketer	61	10.42c	10.30c
Town Square Energy East, LLC4 states	Retail Power Marketer	53	13.68c	n/a
New Wave Energy Corporation5 states	Retail Power Marketer	6	13.72c	12.54c
Agway Energy Services, LLC3 states	Retail Power Marketer	2	11.36c	n/a
Direct Energy Business17 states	Retail Power Marketer	0	n/a	8.86c
Hudson Energy Services8 states	Retail Power Marketer	0	n/a	9.41c
Champion Energy Services14 states	Retail Power Marketer	0	n/a	7.64c
ENGIE Resources LLC14 states	Retail Power Marketer	0	n/a	7.75c
Freepoint Energy Solutions LLC9 states	Retail Power Marketer	0	n/a	9.83c
MP2 Energy LLC15 states	Retail Power Marketer	0	n/a	8.22c
CPV Retail Energy LP7 states	Retail Power Marketer	0	n/a	8.56c
SmartestEnergy US LLC11 states	Retail Power Marketer	0	n/a	10.20c
Marathon Power LLC4 states	Retail Power Marketer	0	n/a	10.32c
UGI Energy Services, LLC6 states	Retail Power Marketer	0	n/a	8.64c
Texas Retail Energy, LLC12 states	Retail Power Marketer	0	n/a	8.45c
BP Energy Retail LLC16 states	Retail Power Marketer	0	n/a	8.42c
Calpine Energy Solutions, LLC18 states	Retail Power Marketer	0	n/a	6.71c
Agressive Energy LLC6 states	Retail Power Marketer	0	n/a	8.87c
Talen Energy Marketing, LLC5 states	Retail Power Marketer	0	n/a	n/a
American PowerNet6 states	Retail Power Marketer	0	n/a	n/a
Brookfield Renewable Energy Marketing US LLC5 states	Retail Power Marketer	0	n/a	7.45c

Small utilities filing the EIA-861S short form (3): totals across all sectors, no residential split+

Utility	Ownership	Customers (all)	Avg price (all)	Counties
Thurmont Municipal Light Co	Municipal	2,892	8.69c	1
Town of Berlin (MD)	Municipal	2,752	13.80c	1
Town of Williamsport (MD)	Municipal	1,025	8.30c	1

All US utilities Back to top

Source and method

Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.

Maryland Electricity: Frequently Asked Questions

What is the best electricity rate in Maryland?+

In Maryland the baseline to beat is your utility's Standard Offer Service (SOS) rate, also called the "Price to Compare" (PTC): the default generation supply rate a competitive supplier must undercut to save you money. BGE, Pepco, and Delmarva Power each set SOS through PSC-approved procurement and reset it seasonally, with summer rates effective June 1 (supply portion only; delivery is billed separately by your utility and is not competitive). To pay less, compare state-licensed suppliers on Maryland EnergyChoice (mdelectricchoice.com), the Public Service Commission's official shopping portal, and check each offer against the Price to Compare printed on your bill. The all-in state average across delivery and supply is 21.84 cents per kWh (June 2026). Maryland's SOS supply rates rose sharply for 2025-2026 after the PJM capacity auction cleared at record levels, so competitive offers below your Price to Compare are worth checking.

What is the electricity rate in Maryland in 2026?+

The average residential electricity rate in Maryland is 21.84 cents per kWh as of June 2026, according to the EIA Electric Power Monthly. This is 3.50c above the US average of 18.34c/kWh (+19%). The average monthly electricity bill in Maryland is approximately $184 based on 945 kWh typical monthly usage.

What is the commercial electricity rate in Maryland?+

The average commercial electricity rate in Maryland is 16.84 cents per kWh as of June 2026, according to the EIA Electric Power Monthly (Table 5.6.A). That compares with the US commercial average of 14.19c/kWh. Commercial rates apply to businesses, offices, schools, and retail. They are usually lower per kWh than residential rates, but a commercial bill can still be much larger because of higher volume and demand charges.

What is the industrial electricity rate in Maryland?+

The average industrial electricity rate in Maryland is 13.51 cents per kWh as of June 2026, according to the EIA Electric Power Monthly (Table 5.6.A), versus a US industrial average of 9.17c/kWh. Industrial customers such as factories, manufacturers, and large facilities pay the lowest per-kWh price of the three EIA sectors because they buy power at high volume, often at higher voltage, under demand-based rate structures.

Can I switch electricity providers in Maryland?+

Yes - Maryland is a deregulated state. Maryland PSC - BGE, Pepco, Delmarva default; competitive supply optional The local utility (BGE / Pepco) still delivers the electricity; only the generation/supply charge is competitive.

What is the average monthly electricity bill in Maryland?+

The average Maryland household uses approximately 945 kWh per month. At 21.84c/kWh plus approximately $10 in fixed charges, the average monthly bill is $184. This varies by season (higher in summer for cooling-dominant states like Florida, higher in winter for heating-dominant states).

What is the primary electricity source in Maryland?+

Maryland's generation mix is primarily Natural gas 45%, nuclear 30%, renewables 20%, coal 5%. This fuel mix is a key factor in the state's electricity rate - states relying on hydro or nuclear typically have lower rates, while states heavily dependent on natural gas or petroleum (like Hawaii) face higher costs.

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