The Potomac Edison Company Electricity Rate per kWh (2024 EIA Data)

The Potomac Edison Company is an investor-owned electric utility that reports to the U.S. Energy Information Administration under utility number 15263. In 2024 it served 240,570 bundled residential customers in Maryland (its largest state of 2) (plus 15,998 delivery-only residential accounts that buy their energy from a competitive supplier), and its average realised residential price was 13.83 cents per kWh: $434 million of residential revenue divided by 3.14 million MWh of residential sales.

Across the other sectors, The Potomac Edison Company's 2024 average prices were 13.55 cents for commercial customers (21,663 accounts) and 12.97 cents for industrial customers (1,107 accounts). Industrial customers paid 0.86 cents less per kWh than households, a 6% discount that is typical of high-volume, high-voltage service. Maryland allows retail choice, so the customer base splits two ways: 240,570 residential customers took bundled service (energy plus delivery) at 13.83 cents per kWh, while 15,998 bought their energy from a competitive supplier and paid The Potomac Edison Company only for delivery, which averaged 4.12 cents per kWh for the wires portion.

Within Maryland, The Potomac Edison Company ranked number 3 of 9 utilities with bundled or delivery service by residential accounts served (256,568, bundled plus delivery-only) and accounted for 12.19% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 17.86 cents per kWh, so The Potomac Edison Company's customers paid 4.03 cents below the Maryland average (-22.6%). For context, EIA's latest monthly figure for Maryland is 21.84 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places The Potomac Edison Company in 7 Maryland counties: Allegany, Carroll, Frederick, Garrett, Howard, Montgomery, and Washington. It also reports 2024 retail sales in West Virginia (135,266 residential customers at 12.59 cents). On the grid side it operates in the RFC NERC region and the PJM Interconnection market, and reported transmission, distribution, and wholesale marketing as its activities. Balancing authority code: PJM.

The Potomac Edison Company is not among the utilities included in EIA's preliminary 2025 early release, so the 2024 final data is the most recent figure available for it.

The nearest other utilities in Maryland by service-territory centroid are Hagerstown Light Department (28.9 miles away, 7.77 cents), Potomac Electric Power Co (69.7 miles away, 20.08 cents), Baltimore Gas & Electric Co (80.9 miles away, 17.91 cents), Southern Maryland Elec Coop Inc (98.5 miles away, 14.84 cents), and Easton Utilities Comm (117.2 miles away, 13.06 cents).