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

Southern Maryland Electric Cooperative electricity rates

What homes pay Southern Maryland Electric Cooperative for electricity, from EIA.

Cooperative utility, 166,668 homes in Maryland. EIA lists it as Southern Maryland Elec Coop Inc.

Headlines

Average price
18.4¢ a kWh
Up 16% on a year ago
Average bill
$216 a month
Up 18% on a year ago
Average use
1,175 kWh
A month. Maryland 955 kWh
Price rank in Maryland
4 of 5
1 is the most expensive

Over the 12 months to August 2026, Southern Maryland Electric Cooperative homes paid 18.4¢ a kWh, against 21.2¢ across Maryland.

Southern Maryland Electric Cooperative vs Maryland

Southern Maryland Electric CooperativeMaryland
Average price, 12 months to August 202618.4¢21.2¢
Price in August 202616.6¢21.4¢
Average monthly bill, 12 months$216$202
Bill in August 2026$217$233
Average monthly use1,175 kWh955 kWh
Price change, past year+16%+13%
Price change since 2019+48%+61%

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.

Up to and including August 2026