90.4%above
the national average of 18.83¢/kWh
Electricity Rates in Maryland (March 2026)
The average residential rate is 35.85¢/kWh — that's about $312/month for a typical household.
#50out of 51 states (1 = cheapest)
Source: U.S. Energy Information Administration. Data as of March 2026.
$312/mo
based on 869 kWh average monthly usage
89.3%up
over the past 12 months
Rates by Sector
| Sector | Rate (¢/kWh) | vs National | Avg Monthly Usage | Avg Monthly Bill |
|---|---|---|---|---|
| Residential | 35.85¢/kWh | +90.4% | 869 kWh | $312 |
| Commercial | 16.54¢/kWh | — | 8,163 kWh | $1,350 |
| Industrial | 14.76¢/kWh | — | 29,838 kWh | $4,405 |
| National Average | 18.83¢/kWh | — | 748 kWh | $141 |
Electricity Providers in Maryland
Type | Service | Service Area | ||||
|---|---|---|---|---|---|---|
Anne Arundel, Baltimore, Baltimore City, Calvert, Carroll, Harford, Howard, Montgomery, Prince Georges+6 moreless | ||||||
Montgomery, Prince Georges | ||||||
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Caroline, Cecil, Dorchester, Kent, Queen Annes, Somerset, Talbot, Wicomico, Worcester+6 moreless | ||||||
— | ||||||
— | ||||||
— | ||||||
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Utility data from EIA Form 861, 2024
How Deregulated Electricity Works in Maryland
Maryland deregulated its electricity market in 1999. The system operates with three components: power companies generate electricity (generation), utilities maintain high-voltage lines (transmission), and your local utility (Baltimore Gas & Electric Co, Potomac Electric Power Co, The Potomac Edison Company, Delmarva Power) delivers electricity to your home (distribution).
You can choose your electricity supplier from 60 competing providers. If you don't select a supplier, you automatically receive default service through your utility at a regulated rate.
How to Switch Electricity Companies in Maryland
- 1Review your current contract terms and check for early termination fees
- 2Compare available rates from 60 suppliers serving your area
- 3Choose a plan and sign a Letter of Authorization
- 4Your new supplier handles the transfer with your utility (Baltimore Gas & Electric Co, Potomac Electric Power Co, The Potomac Edison Company, Delmarva Power) — your service is not interrupted
- 5Your new rate takes effect in the next billing cycle
When is the Best Time to Switch Energy Providers in Maryland
The best times to switch providers in Maryland typically include:
- Before peak seasons (summer) when you can lock in lower rates
- When your current contract is nearing expiration
- During off-peak months when providers offer competitive promotions
- After comparing rates during market downturns
Types of Electricity Plans in Maryland
Fixed-rate plans
Consistent rates throughout your contract term, making budgeting easier. Early termination fees may apply.
Green energy plans
Power your home with 100% renewable sources while supporting clean energy goals.
Time-of-use plans
Different rates based on when you use electricity, with lower costs during off-peak hours.
Variable-rate / prepaid plans
Flexibility without long-term commitments, though rates may fluctuate monthly based on market conditions.
Power Outages in Maryland
417 customers currently without power in Maryland
Frequently Asked Questions
The average residential electricity rate in Maryland is 35.85¢ per kWh. Commercial customers pay an average of 16.54¢ per kWh and industrial customers pay 14.76¢ per kWh.