Electricity rates — Maryland

What a typical bill costs

At 1,000 kWh a month the 2 generally available plans here run from $2,776.94 on Residential Optional Time of Use (Schedule RL) to $2,874.00 on Residential Service (Schedule R), with a median of $2,825.47.

Effective rates, bill divided by kilowatt-hours, span 23.1¢ to 24.0¢ per kWh at that usage.

What households in Maryland pay, by EIA's count

Over the 12 months to June 2026, residential electricity in Maryland averaged 21.8¢ per kWh, the 13th-highest of the 50 states and DC and 22% above the US average of 17.9¢. It sits between Michigan (20.7¢) and Vermont (23.7¢).

EIA lists 9 utilities serving homes in Maryland. By homes served, the largest 5 are Baltimore Gas & Electric Co (1,214,100), Potomac Electric Power Co (553,607), The Potomac Edison Company (256,568), Delmarva Power (186,368), and Southern Maryland Elec Coop Inc (160,882). Member-owned cooperatives supply about 9% of its households.

Prices in Maryland jumped 18.5% in a year, from 18.4¢ to 21.8¢ per kWh. Over five years they rose 70.6%, well ahead of the US's 34.7%.

Maryland homes used the most electricity in January and the least in October (2021–2025): a winter peak, 1.8 times the lightest month. October was the dearest month per kWh, 16% above January.

The utilities with a ranked plan on this page serve about 51% of Maryland's households: Baltimore Gas & Electric Co (1,214,100). Their median plan at 1,000 kWh a month works out to 23.5¢ per kWh, 8% above EIA's average, which is why this page compares that median with other states'.

How Maryland compares

At 1,000 kWh a month the median plan in Maryland costs $2,825.47 a year: the 7th-highest of the 29 states whose indexed plans stand for them, and 42% more than their median of $1,989.30. It sits between Vermont ($2,755.43) and Michigan ($2,853.36).

Its cheapest open plan, Residential Optional Time of Use (Schedule RL) from Baltimore Gas & Electric Co at $2,776.94, is the 5th-highest of the 29 states' cheapest plans.

9 of its 16 priceable plans price by the hour, the 8th-largest share of any state here.

The largest fixed charge on any plan here is $12.94 a month, the smallest such charge of the 29 states.

In the guides: What published electricity plans cost, state by state · What a plan charges by the hour, and what moving a kilowatt-hour is worth · What a bill costs before a single kilowatt-hour

How the answer changes with usage

Residential Optional Time of Use (Schedule RL) is cheapest at every level tested — $1,462.38 a year at 500 kWh a month, $5,406.03 at 2,000 kWh.

The penalty for a poor choice grows with usage: $36.54 a year at 500 kWh against $218.13 at 2,000 kWh.

How these plans are structured

Of 16 priceable plans: 2 tiered, 9 time-of-use, 2 priced by season, 5 flat-rate.

Fixed monthly charges run from $9.05 to $12.94.

Who provides these plans

These plans come from 3 utilities: Baltimore Gas & Electric Co, Delmarva Power (Maryland), Potomac Electric Power Co (Maryland).

The largest saving available here

Moving from Residential Service (Schedule R) to Residential Optional Time of Use (Schedule RL) saves $97.06 a year at 1,000 kWh a month, with no change in consumption.

What this does not cover

9 of these plans price by the hour, so their figures are marked lower confidence.