Electricity rates › Maryland

Maryland electricity rates

Homes in Maryland pay an average of 17.9¢ per kWh, 8% above the US average, and use 929 kWh a month. Maryland ranks #13 of 51 for residential electricity prices.

17.9¢average price per kWh

929 kWhaverage use per month

$166average monthly bill

#13 of 51price rank (1 = most expensive)

Residential rates by utility in Maryland

Utility	¢/kWh	ZIP codes served
Baltimore Gas & Electric Co	16.5	225
Delmarva Power	18.4	122
Potomac Electric Power Co	18.2	120
The Potomac Edison Company	11.7	104
Choptank Electric Cooperative, Inc	17.0	76
Southern Maryland Elec Coop Inc	14.1	73
Hagerstown Light Department	7.0	7
A & N Electric Coop	13.9	5
Easton Utilities Comm	11.9	2

Average residential rates for full-service utilities, from NREL’s utility rates by ZIP code (2023). In areas with retail choice, your price depends on the plan you pick.

Is solar worth it in Maryland?

At 17.9¢ per kWh, every 1,000 kWh your roof makes and you use yourself is worth about $179. A system that covers the average Maryland home would replace about 11,148 kWh a year, roughly $1,991 of electricity at today’s prices.

8.4 kWsystem for an average home (21 panels)

$25,200rough installed cost

$1,991electricity saved per year

~13 yearssimple payback

Assumes a typical 1,350 kWh per kW of panels a year and $3.00/W installed, before incentives and price increases. Your roof’s direction, pitch and shade change these numbers; the estimator measures them for your address.

Plan solar for your Maryland home

State figures: EIA Table 5A, 2024 Average Monthly Bill - Residential (forms EIA-861, 861S, 861U).