30Y Mortgage7.24% Gold$3,919.8 Silver$49.59 Platinum$1,422 Palladium$955 BRK.B$556.11 ▲2.51%JPM$340.58 ▲1.05%LLY$1,410.99 ▼0.46%V$425.51 ▲2.88%WMT$127.69 ▲3.38%ORCL$119.22 ▼8.76%MA$658.10 ▲3.15%XOM$179.67 ▼4.05%JNJ$270.56 ▼0.97%TSM$398.63 ▼1.85%BTC$77,615 ▲1.04%ETH$2,284.33 ▲1.60%BNB$696.69 ▲0.11%XRP$1.27 ▲2.02%SOL$93.2 ▲1.80%TRX$0.32 ▲2.09%ZEC$1,203.82 ▲4.51%HYPE$85.17 ▲1.88%XMR$629 ▲3.69%DOGE$0.08 ▲1.76%30Y Mortgage7.24% Gold$3,919.8 Silver$49.59 Platinum$1,422 Palladium$955 BRK.B$556.11 ▲2.51%JPM$340.58 ▲1.05%LLY$1,410.99 ▼0.46%V$425.51 ▲2.88%WMT$127.69 ▲3.38%ORCL$119.22 ▼8.76%MA$658.10 ▲3.15%XOM$179.67 ▼4.05%JNJ$270.56 ▼0.97%TSM$398.63 ▼1.85%BTC$77,615 ▲1.04%ETH$2,284.33 ▲1.60%BNB$696.69 ▲0.11%XRP$1.27 ▲2.02%SOL$93.2 ▲1.80%TRX$0.32 ▲2.09%ZEC$1,203.82 ▲4.51%HYPE$85.17 ▲1.88%XMR$629 ▲3.69%DOGE$0.08 ▲1.76%

Maryland electricity rates (August 2026)

Average residential and commercial electricity prices in Maryland from EIA's monthly utility survey, with the trend, the largest utilities and what power costs a typical homeowner.

Residential rate
21.40¢
▲ 7.6% vs a year agoper kWh, August 2026; ranks 15 of 51 (1 = highest)
Commercial rate
17.00¢
per kWh, August 2026
Average home bill
$202
per month over the last 12 months, about 955 kWh
U.S. residential average
18.16¢
Maryland is 18% above the U.S. average.

Find your utility's rate by ZIP

Maryland vs U.S. residential rate

Cents per kWh by month, last 36 months.

Last 12 months in Maryland

MonthResidentialCommercialU.S. residentialAvg kWhAvg bill
August 202621.40¢17.00¢18.16¢1,091$233
July 202621.41¢17.51¢18.31¢1,184$253
June 202621.84¢16.85¢18.34¢921$201
May 202621.78¢16.40¢18.44¢727$158
April 202622.07¢16.41¢18.86¢710$157
March 202622.20¢16.53¢18.60¢870$193
February 202620.08¢18.12¢17.65¢1,169$235
January 202620.61¢18.19¢17.45¢1,317$271
December 202519.59¢15.85¢17.11¢1,203$236
November 202521.38¢15.43¢17.77¢785$168
October 202522.36¢15.37¢17.95¢658$147
September 202521.10¢15.11¢18.05¢826$174

Largest utilities in Maryland

Residential rates for the biggest utilities in Maryland that report monthly to EIA, ordered by number of homes served, for August 2026.

UtilityTypeRateAvg kWhAvg billHomes
Baltimore Gas & Electric CoInvestor Owned21.71¢1,031$2241,230,019
Potomac Electric Power CoInvestor Owned25.76¢988$255561,604
The Potomac Edison CompanyInvestor Owned17.65¢1,112$196260,040
Delmarva PowerInvestor Owned23.00¢1,109$255188,659
Southern Maryland Elec Coop IncCooperative16.59¢1,310$217166,668
A & N Electric CoopCooperative17.86¢789$141219

What electricity adds to owning a home in Maryland

A typical Maryland home is valued at $424,890 (Zillow). With 10% down at this week's 7.24% 30-year rate, principal and interest come to about $2,606 a month. The average electric bill of $202 adds about 8% on top of that, or $2,427 a year. See Maryland property tax and closing costs or run the monthly payment.

Bills follow the seasons: in Maryland the highest-use month of the last year averaged 1,317 kWh per home and the lowest 658 kWh. Budget for the expensive months, not the average.

Common questions

What is the average electricity rate in Maryland?

Homes in Maryland paid an average of 21.40 cents per kWh in August 2026, 18% above the U.S. average of 18.16 cents (EIA Form 861M).

How much is the average electric bill in Maryland?

Over the last 12 months the average Maryland home used about 955 kWh a month and paid about $202 a month.

Have Maryland electricity rates gone up?

The residential rate is 7.6% higher than in August 2025, when it was 19.89 cents per kWh.

What do businesses pay for electricity in Maryland?

Commercial customers in Maryland paid 17.00 cents per kWh in August 2026.

Related

Sources: U.S. Energy Information Administration (EIA), Form EIA-861M monthly sales and revenue (state and utility data, latest month August 2026; EIA marks recent months preliminary and may revise them); ZIP-to-utility map: OpenEI, U.S. Electric Utility Companies and Rates: Look-up by Zip Code (2024), CC BY 4.0. Rates are average revenue per kWh (total bill divided by kWh sold), so they include fixed and delivery charges. EIA posts each month about eight weeks after it ends; this page checks for new data every morning.

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