The average maryland commercial electricity rate is 10 00 kwh 4 lower than the national average.
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If you shop around and switch to a retail energy provider the rate you will end up switching to will likely be cheaper.
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To evaluate the price being offered by an electricity supplier you will want to compare the supplier s rate to the rate charged by your electric company and any other competitive suppliers that are offering electricity to your area.
You can purchase your gas and electric supply from your local utility or from an energy supplier.
It varies slightly based on which utility company services your local place.
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The average maryland residential electricity rate is 13 22 kwh 0 5 lower than the national average.
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Maryland deregulated its energy market in 1999 allowing private companies to sell power to maryland residents and businesses deregulation can be a confusing term but it simply means that you can choose to purchase electricity from your choice of suppliers as well as from your utility.
Maryland energy market data last updated july 2020.
Electric companies in maryland post their rates for residential customers on their web sites.
If you live in maryland you benefit from energy choice this means that you can shop maryland electricity rates and switch providers.
According to the energy information administration eia the average residential electricity price in maryland is 11 57 cents per kwh.
Comparing rates is free and locking in a low fixed rate could mean big savings on your electricity bill.
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Electricity and gas suppliers a message from the office of people s counsel opc s supplier fact sheets and price comparison guides contain important consumer information about retail gas and electricity suppliers and supply contracts.
Keep reading to learn more about the advantages of maryland energy choice and get the best rates in your area.
Compare energy rates and plans and choose the best option for your needs knowing that as a leading maryland energy supplier all of our electricity natural gas and renewable energy plans include the following benefits.