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Maryland Electricity Rates

Written By: Adam Cain

Last Updated: 05/03/2023

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If you live in Maryland, you benefit from Energy Choice. This means that you can shop Maryland electricity rates and switch providers. Comparing rates is free and locking in a low fixed rate could mean big savings on your electricity bill.

Keep reading to learn more about the advantages of Maryland Energy Choice and get the best rates in your area.

Shop Maryland Electricity Rates

Select your utility to compare featured rates from leading Maryland electricity providers.


Price to Compare 11.85¢

The electricity utility's price for electricity supply expressed as a price per kWh, to be used to contrast prices with competitive suppliers.

Best Electricity Rates
ProviderPlan NameLengthRate Per kWhSign Up
12 Month Home Power Plan
12 Mo.10.89¢
Save 9%
Direct Energy
Live Brighter 12
12 Mo.11.09¢
Save 7%
Direct Energy
Live Brighter 18
18 Mo.12.19¢Select
Direct Energy
Live Brighter 20
20 Mo.12.39¢Select
24 Month Home Power Plan
24 Mo.12.89¢Select
PlanRate Per kWh
12 Month Home Power Plan

12 Months
Direct Energy
Live Brighter 12

12 Months
Direct Energy
Live Brighter 18

18 Months
Direct Energy
Live Brighter 20

20 Months
24 Month Home Power Plan

24 Months
    See All Plans

    Average Maryland Electricity Costs

    In 2022, the most recent average electricity price in Maryland is 14.67¢ per kWh. The average home in Maryland uses 957 kWh of electricity per month and the average residential Maryland electricity bill is $124.50 a month.

    electric meter


    Average Rate per/kWh

    electric plug

    957 kWh

    Average Usage per month

    electric bill


    Average Cost per month


    16th Highest

    Average Rate

    22nd Highest

    Average Usage

    15th Highest

    Average Cost

    Maryland Electricity Rates Trend

    Source: Energy Information Administration (EIA)

    Energy Choice History in Maryland

    Before energy deregulation in Maryland, the local energy utility handled all generation, transmission and distribution. Because of the lack of competition, local utilities had a monopoly on the industry and were able to set energy rates as high as they liked.

    In 1999, the Maryland General Assembly passed the Electric Customer Choice and Competition Act. Deregulation separates the supply of energy from its distribution, giving customers the ability to choose their electricity provider.

    Maryland residents still receive their electric supply from their local utility by default. However, now they have many more providers and options to choose from. The local utility company still provides power distribution, as they did in the past and continue to do today.

    The Maryland Public Service Commission monitors and regulates all public utilities in the state of Maryland.

    How to Compare Maryland Electricity Rates

    Comparing and switching electricity rates is simple through’s Rate Comparison Tool. All you have to do is follow a simple three-step process:

    How to Compare Maryland Electricity Rates
    1. Enter your ZIP Code This will pull up all electricity providers and their available rates in your area.
    2. Compare providers and plans Compare electric company rates, plan length, renewable options and more to find the right plan for you.
    3. Switch providers After finding the right plan, select it, fill out the necessary information, and switch to the Maryland electricity provider with the best plan for you.

    After this, your new provider takes care of the rest. Your new plan will take over in one to two months, all while your local utility company provides the same great distribution service.

    Electricity Plans Available in Maryland

    There are several different types of electricity plans available to Maryland residents.

    Fixed-Rate Electricity Plans

    A fixed-rate electricity plan locks your rate at the advertised price for the duration of the plan. Fixed-rate plans can often save you more money than variable-rate plans. That’s because variable-rate plans are subject to unexpected rate hikes and don’t guarantee a maximum rate. With a fixed-rate plan, you know what you are paying for your electricity supply each month.

    To help you save money and save you from those unexpected rate hikes, primarily offers fixed-rate electricity plans.

    Electricity Plans With Incentives

    Electricity plans that come with incentives may include smart-home devices or other benefits included with the plan. Constellation, for example, bundles its Connect Energy Package with some electricity plans. lists types of incentives in the “plan details” section under any electricity plan. These plans also usually come with a predictable fixed-rate.

    Variable-Rate Electricity Plans

    A variable-rate electricity plan changes rates periodically based on market conditions.

    Flexibility is the key advantage of a variable-rate plan. Usually, there are no cancellation fees. If you are not living in one place for very long, it may be beneficial to have a variable rate, so you don’t have to worry about a cancellation fee. However, variable-rate plans will often cost you more in the long run.

    Simple Switch, Big Savings

    See how much you can save. Compare rates and make the switch in minutes.

    Make The Switch In Minutes Through Our Simple & Secure Process

    Maryland’s Renewable Energy Future

    50% of Maryland’s energy will come from renewable sources by 2030 in accordance with a law passed in 2019. The state will join seven others with green energy production goals of 50% or higher. Several Maryland utilities have additional initiatives to push energy-tech forward and focus on a sustainable future.

    You don’t have to wait to support green energy. You can sign up for a 100% renewable energy plan in Maryland today. The electricity that comes to your home is the same, however, your energy usage is offset with renewable energy credits purchased by your supplier. These credits ensure that more renewable energy enters the grid.

    Reading Your Maryland Electricity Bill

    There are two portions of your Maryland electricity bill, utility delivery charges, and supply charges:

    Utility Delivery Charges

    These charges ensure the reliable delivery of your electricity. They mainly go to your utility provider. The Maryland Public Service Commission determines these charges and they don’t change no matter who your electricity provider is.

    Energy Supply Charges

    Energy supply charges, sometimes called generation charges, pay for the actual electricity you use. These are the charges that will change when you switch electricity providers. When comparing electricity rates, you want to use the energy supply rate located on your bill to find out how much you’ll save. It is a charge by the kilowatt-hour (kWh) for your energy supply.

    If you currently get your energy supply from your local utility, your supply charge is known as the “price to compare” This can also be found in the Marketplace.

    Utility Companies in Maryland

    Your Maryland utility company is responsible for the reliable delivery and transmission of energy to your home. They are also who you call when the power goes out, or if there is an electricity or natural gas emergency. Here is a list of

    Maryland Electricity Bills

    In order to help you further understand your Maryland electricity bill, we’ve put together the following guides by utility company.

    Find the best electricity rates for popular cities in Maryland.

    Finding The Best Maryland Electricity Provider

    There are a large number of licensed electricity providers in Maryland. These range from small local companies to larger national providers like Constellation, Direct Energy and Spark Energy.

    On, you’ll only find great rates from leading electricity providers so you don’t have to worry about making the wrong choice. Learn more about Maryland electricity providers here.

    Business and Commercial Electricity Rates in Maryland

    Take a strategic approach to energy management for your business in Maryland and save big with customized rates, energy bill optimization, and more.

    To find out how much your Maryland business can save, complete the quote request form on our business electricity rates page.

    Once your information is received, our savings advisers will take care of the rest. Our advisers work with a variety of electricity providers to negotiate the best possible price for your business electricity with no obligation to you.

    Ready to compare Maryland electricity rates? Find the Rate Comparison Tool at the top of the page and enter your ZIP Code.

    Maryland Electricity Rate FAQ's

    How much does electricity cost in Maryland?

    On average, residents in Maryland pay 13.01¢ per kilowatt-hour for electricity. This is the 17th highest average electricity rate in the US.

    How does Energy Choice in Maryland work?

    Energy Choice gives Maryland residents the opportunity to choose their energy provider and take advantage of competing offers. When you switch providers, your utility still delivers energy to your home and sends your monthly bill. The only thing that changes is your new supply rate for electricity or natural gas.

    How does Maryland generate electricity?

    The breakdown for Maryland electricity generation by source: Nuclear: 37.8%, Natural Gas: 37.4%, Coal: 14.4%, Hydroelectric: 5.6%.
    The rest is made up of small percentages of wind, solar, biomass and other sources.

    Where can I find my current Maryland electric supply rate?

    You can find your current electricity supply rate (aka “generation rate”) on your electricity bill. It is a charge by the kilowatt-hour. If your utility company supplies your energy, you can use the “Price to Compare.” This is also found on your electricity bill.

    What’s the difference between a utility provider and a retail energy provider?

    Your utility is the entity that brings electricity to your home, while your electricity provider supplies the energy you use. In Maryland, your utility company can also be your electricity provider. In Energy Choice states, customers have the option to choose a different electricity provider.