NewInsight: Investor-owned utilities charge 23% more for power

Electricity prices in Maryland

What homes in Maryland pay for electricity, from EIA.

Headlines

Average price
21.2¢ a kWh
Up 13% on a year ago
Average bill
$202 a month
Up 15% on a year ago
Average use
955 kWh
A month. US 875 kWh
Price rank
14 of 51
1 is the most expensive

Over the 12 months to August 2026, Maryland homes paid 21.2¢ a kWh, against a US average of 18.0¢.

Maryland vs the US

MarylandUS
Average price, 12 months to August 202621.2¢18.0¢
Price in August 202621.4¢18.2¢
Average monthly bill, 12 months$202$158
Bill in August 2026$233$209
Average monthly use955 kWh875 kWh
Price change, past year+13%+6.5%
Price change since 2019+61%+39%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month. Bills peak in summer and winter.

Up to and including August 2026

Natural gas price

Average residential price a thousand cubic feet, by month. Summer prices are high because fixed charges are spread over little gas.

Up to and including August 2026

Utilities in Maryland

Past 12 months, utilities with 10,000 homes or more. These utilities serve 97% of homes in Maryland; smaller utilities serve the rest.

Baltimore Gas & ElectricInvestor-owned22.3¢+18%$1991,230,019
Potomac Electric PowerInvestor-owned23.4¢+9.6%$196561,604
Potomac EdisonInvestor-owned16.6¢+12%$186260,040
Delmarva PowerInvestor-owned22.7¢+6.0%$227188,659
Southern Maryland Electric CooperativeCooperative18.4¢+16%$216166,668

Heating fuels in Maryland: heating oil, propane.