Maryland Electricity Rates

Analysis of 601 ZIP codes across 429 cities

16.60¢/kWh
0.5% vs US avg

Maryland Electricity Market Overview

Maryland ranks #36 nationally with residential rates at 16.60¢/kWh, which is 0.5% below the national average of 16.68¢/kWh. The state operates a regulated electricity market with rates set by the public utilities commission.

16.60¢
Residential
12.77¢
Commercial
9.95¢
Industrial

ZIP Code Rate Distribution

ZIP code statistics not available

Maryland Electricity Rates - Complete Analysis

Maryland residential electricity rates average 16.60¢/kWh, positioning the state at #36 among all 50 states. This comprehensive analysis covers 601 ZIP codes across 429 cities, providing the most detailed electricity rate information available for Maryland residents and businesses.

Current Maryland Electricity Rates by Sector

Customer TypeMaryland RateUS AverageDifferenceMonthly Bill*
Residential16.60¢/kWh16.68¢/kWh0.5%$165.97
Commercial12.77¢/kWh13.08¢/kWh↓ Lower$638.59
Industrial9.95¢/kWh9.55¢/kWh↑ Higher$4973.20

*Monthly bills estimated at 1,000 kWh (residential), 5,000 kWh (commercial), 50,000 kWh (industrial)

Maryland Electricity Rate History

Over the past 5 years, Maryland electricity rates have decreased by 85.5%, bucking the national trend. The most significant change occurred between 2021 and 2022, largely due to regulatory adjustments and infrastructure investments.

Maryland Electricity Rates Release Schedule

Maryland Electricity Rates 2026

The official 2026 electricity rates for Maryland will be released by the U.S. Energy Information Administration (EIA) in December 2026. These rates will reflect market conditions, fuel costs, and infrastructure investments throughout 2026. Based on current trends, Maryland residential rates for 2026 are projected to range between 15.77¢ and 17.43¢ per kWh.

Maryland Electricity Rates 2027

Maryland electricity rates for 2027 will be available in December 2027 through the EIA's annual electric power industry report. The 2027 rates will incorporate renewable energy transitions, grid modernization efforts, and evolving energy policies in Maryland. Early projections suggest rates may remain below the national average.

Maryland Electricity Rates 2028

Looking ahead to 2028, Maryland electricity rates will be published in December 2028. Factors that will influence 2028 rates include regulatory decisions, infrastructure upgrades, and federal energy policies. Historical trends suggest Maryland rates typically change by 3-5% annually.

Data Source: All current and historical rates are sourced from the EIA Form 861 annual reports. This page will be updated immediately when new data becomes available.

Major Maryland Cities - Electricity Rates Comparison

City data being compiled...

Maryland Electric Utility Companies

Maryland is served by multiple electric utility companies, operating in a regulated market where rates are set by the state public utilities commission.

Browse all utility companies → |View Maryland energy profile on EIA.gov →

Frequently Asked Questions About Maryland Electricity Rates

What is the average electricity rate in Maryland?

The average residential electricity rate in Maryland is 16.60¢ per kWh. This rate varies by location, with ZIP codes ranging from 8.28¢ to 18.70¢ per kWh across the state.

How does Maryland compare to the national average?

Maryland electricity rates are currently 0.5% below the national average of 16.68¢/kWh, ranking #36 among all 50 states. This makes Maryland a relatively affordable state for electricity costs.

Can I choose my electricity provider in Maryland?

Maryland operates a regulated electricity market, which means your utility provider is determined by your location. While you cannot choose your provider, rates are regulated by the state's public utilities commission to ensure fairness.

What factors affect electricity rates in Maryland?

Several factors influence Maryland electricity rates including: fuel costs (natural gas, coal, renewables), transmission and distribution infrastructure, weather patterns affecting demand, regulatory policies, and the mix of energy sources used for generation. Maryland's unique geography and energy resources also play a significant role in determining rates.

When will newer electricity rates for Maryland be available?

Official electricity rates are released by the U.S. Energy Information Administration approximately 12 months after each reporting year. 2025 rates will become available in December 2026, 2026 rates in December 2027, and so on. We update this page immediately when new data is released.

How to Lower Your Electricity Bill in Maryland

Quick Energy-Saving Tips

  • Set thermostat to 78°F in summer, 68°F in winter
  • Use LED bulbs - save up to 75% on lighting costs
  • Unplug devices when not in use to avoid phantom loads
  • Run major appliances during off-peak hours
  • Regular HVAC maintenance can improve efficiency by 15%

Long-Term Savings Strategies

  • Install a programmable or smart thermostat
  • Improve home insulation and seal air leaks
  • Consider ENERGY STAR certified appliances
  • Explore solar panel options for Maryland homes
  • Check for utility rebate programs

Potential Savings: The average Maryland household can save 10-25% on electricity bills by implementing these energy-saving measures. With current rates at 16.60¢/kWh, this could mean savings of $299 to $498 annually.