The average residential electricity rate in Maryland (MD) is $0.1598 per kWh as of April 2026, according to the US Energy Information Administration (EIA). This is significantly below the national average of $0.1805/kWh, ranking Maryland #27 out of 51 (all 50 states plus Washington DC), where #1 is the cheapest and #51 is the most expensive. The average Maryland household consumes 907 kWh per month, resulting in a monthly electric bill of approximately $145 and annual electricity costs of about $1,740.
Maryland gets 40% of its electricity from the Calvert Cliffs Nuclear Plant on the Chesapeake Bay.
This comprehensive guide covers Maryland electricity rates, historical trends, utility providers, bill calculation, solar savings potential, and actionable tips to reduce your electric bill. All rate data is sourced from the US EIA and updated monthly. Use our electricity cost calculator for personalized estimates.
Maryland residential electricity rates have increased 20% over the past six years. The table below shows the trajectory compared against the national average.
| Year | Maryland ($/kWh) | National Avg | Difference |
|---|---|---|---|
| 2020 | $0.1335 | $0.1322 | +1% |
| 2022 | $0.1430 | $0.1492 | -4% |
| 2024 | $0.1540 | $0.1680 | -8% |
| Apr 2026 | $0.1598 | $0.1805 | -11% |
Maryland has a deregulated electricity market. The primary delivery utilities are: Baltimore Gas & Electric (BGE), Pepco, Potomac Edison (FirstEnergy).
Maryland generates electricity from: Nuclear 40%, Natural gas 35%, Solar 10%, Coal 8%, Wind 5%, Other 2%.
Your monthly electric bill = kWh Used × Rate per kWh. The average Maryland household uses 907 kWh/month.
Maryland is deregulated. The Calvert Cliffs Nuclear Plant provides 40% of state generation. Maryland offers generous solar incentives including SRECs.
Universal strategies: adjust thermostat 2-3 degrees (saves 5-10% on HVAC), switch to LEDs (see our LED savings calculator), unplug phantom loads (saves $100-200/year), and run major appliances during off-peak hours if your utility offers time-of-use pricing. For larger investments, consider a heat pump, better insulation, or a smart thermostat.
Maryland receives 4.3 peak sun hours/day. A 6 kW system produces ~7,722 kWh/year, saving ~$1,234/year. With the 30% federal ITC, payback is typically 6-9 years. Use our solar panel calculator and solar ROI calculator for personalized estimates.
| State | Rate ($/kWh) | Avg Bill | Market |
|---|---|---|---|
| Maryland (MD) | $0.1598 | $145 | Deregulated |
| Delaware (DE) | $0.1398 | $130 | Deregulated |
| Pennsylvania (PA) | $0.1698 | $137 | Deregulated |
| Virginia (VA) | $0.1318 | $150 | Regulated |
| West Virginia (WV) | $0.1288 | $145 | Regulated |
| District of Columbia (DC) | $0.1598 | $105 | Deregulated |
Data source: US Energy Information Administration (EIA), Electric Power Monthly, April 2026. Rates shown are average residential rates and may differ from your specific utility tariff. Solar estimates assume a 6 kW system with 82% efficiency factor. Always verify current rates with your utility provider.