Utilities listed
9
Maryland, 2025
Homes counted
2.47 million
Residential customers
Average price
19.53 cents
Per kWh, Maryland
Average bill
$184.42
Per month
Utilities serving Maryland homes
| Utility | Type | Homes in MD | Cents per kWh | Monthly bill |
|---|---|---|---|---|
| Baltimore Gas and Electric (BGE) | Investor-owned | 1,220,644 | 20.19 | $177.19 |
| Pepco (Potomac Electric Power) | Investor-owned | 558,809 | 21.47 | $160.86 |
| Potomac Edison | Investor-owned | 258,523 | 14.55 | $169.40 |
| Delmarva Power | Investor-owned | 187,814 | 19.69 | $182.38 |
| Southern Maryland Electric Cooperative | Cooperative | 163,451 | 16.43 | $192.34 |
| Choptank Electric Cooperative | Cooperative | 50,981 | 17.11 | $199.93 |
| Hagerstown Light Department | Municipal | 14,878 | 11.23 | $106.41 |
| Easton Utilities Commission | Municipal | 8,884 | 15.18 | $158.76 |
| A and N Electric Cooperative | Cooperative | 226 | 14.40 | $142.78 |
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Homes in MD counts only the customers in this state. Price and bill cover the utility's whole territory and bundled customers only. Delivery only means the utility carries power but does not sell it.
Who owns Maryland's electric companies
| Type | Utilities | Homes in MD | Share of homes |
|---|---|---|---|
| Investor-owned utility | 4 | 2,225,790 | 90.3% |
| Municipal utility | 2 | 23,762 | 1.0% |
| Electric cooperative | 3 | 214,658 | 8.7% |
Each type is run differently. An investor-owned company answers to shareholders and a state commission. A municipal utility answers to a city. A cooperative answers to its members. That is why the same state can have very different prices and service from one address to the next.
What Maryland utilities charge, by type
| Type | Utilities with a price | Average cents per kWh |
|---|---|---|
| Investor-owned utility | 4 | 19.39 |
| Municipal utility | 2 | 12.80 |
| Electric cooperative | 3 | 16.33 |
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Customer-weighted average of the prices utilities report for bundled residential service. It leaves out delivery-only customers and retail providers.
Outside the investor-owned companies, the largest municipal utility is Hagerstown Light Department (14,878 homes), and the largest electric cooperative is Southern Maryland Electric Cooperative (163,451 homes).
Price differences between types come from costs, customer density and the way each type is financed, so a lower average does not decide which is better for your home.
Utilities with full profiles
These Maryland utilities are among the 600 largest in the country, and each has a profile with its service area, reliability and rate options.
- ProfileBGE1.22 million homes. Investor-owned.Open
- ProfilePotomac Electric Power884 thousand homes. Investor-owned.Open
- ProfilePotomac Edison397 thousand homes. Investor-owned.Open
- ProfileDelmarva Power493 thousand homes. Investor-owned.Open
- ProfileSouthern Maryland Electric Cooperative163 thousand homes. Cooperative.Open
- ProfileChoptank Electric Cooperative51 thousand homes. Cooperative.Open
- ProfileA and N Electric Cooperative33 thousand homes. Cooperative.Open
How Maryland compares
The statewide average residential price is 19.53 cents per kWh and the average bill is $184.42 a month. See the full breakdown, rankings and neighbors on the Maryland electricity rates page. Among utilities with at least 10,000 bundled residential customers, average prices ran from 11.23 cents at Hagerstown Light Department to 21.47 cents at Potomac Electric Power.
Can you switch electric companies in Maryland?
Households can choose a licensed supplier while their utility keeps delivering the power. Households that do not choose stay on the utility standard offer service. Read the Maryland electricity providers guide. Regulation and complaints go through the Maryland Public Service Commission.
Find yours
Not sure which one serves you?
Maryland electric company questions
Who is the largest electric company in Maryland?
Baltimore Gas and Electric (BGE) serves the most residential customers in Maryland, about 1.22 million homes in 2025 (EIA Form EIA-861).
How many electric utilities are there in Maryland?
EIA lists 9 electric utilities with residential customers in Maryland for 2025. Most households are served by a handful of the largest ones.
Which Maryland utility has the lowest average price?
Among Maryland utilities with at least 10,000 bundled residential customers, Hagerstown Light Department had the lowest average residential price in 2025 at 11.23 cents per kWh and Pepco (Potomac Electric Power) had the highest at 21.47 cents. Prices reflect the utility's costs and customer mix, so a lower price does not mean better service.
Can I choose my electric company in Maryland?
Partly. Households can choose a licensed supplier while their utility keeps delivering the power. Households that do not choose stay on the utility standard offer service.