Maryland residential electricity rates
Maryland residential electricity cost 17.86 cents per kWh in 2024, with 2,451,753 accounts buying 27.3 TWh.
In 2024 Maryland residential accounts paid 17.86 ¢/kWh, rank 13 of 51 and 8.4% above the U.S. residential price (16.48 ¢). A Maryland account using 929 kWh a month pays about $166. Since 2015 the Maryland price moved +29.2%.
Maryland sits 1.44 ¢ under Michigan, the state above, and 0.09 ¢ over Pennsylvania, the state below. At 929 kWh a month, energy in Maryland costs 59 dollars more than in North Dakota, the cheapest residential state.
How it compares
| Residential price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| Maryland | 17.86 ¢/kWhthis state | 13.82 ¢/kWh | +29.2% | $166at 929 kWh |
| Michigan (next above) | 19.30 ¢/kWh+1.44 ¢ against Maryland | 14.42 ¢/kWh | +33.8% | $179at 929 kWh |
| Pennsylvania (next below)Lowest in this table | 17.77 ¢/kWh-0.09 ¢ against Maryland | 13.64 ¢/kWh | +30.3% | $165at 929 kWh |
Maryland residential: 2025 and 2026
Maryland residential, data to July 2026.
- Maryland 2025 average price
- 19.48 ¢/kWh+9.1% against 2024, U.S. +5.0%
- Maryland 2025 rank
- 14 of 51-1 places against 2024
- Maryland January to Jul 2026
- 23.01 ¢/kWh+22.8% on Jan-Jul 2025
- Maryland Last 12 months
- 22.08 ¢/kWhto July 2026
- Maryland July 2026
- 21.41 ¢/kWh+13.7% against July 2025
- Maryland 2025 costliest month
- Oct 22.30 ¢cheapest Jan 18.24 ¢, a 22% spread
- Maryland Typical 2025 bill
- $185 a monthtop Jan $252, low May $133
The Maryland residential price averaged 19.48 ¢/kWh in 2025, +9.1% on 2024: Maryland ran 4.1 points faster than the nation. From January to July 2026 the Maryland average is 23.01 ¢, +22.8% on 2025, 15.7 points above the U.S. change. Seasonality in Maryland: 2025 peaked in October at 22.30 ¢ and bottomed in January at 18.24 ¢. A typical residential account in Maryland paid about $2,217 for energy over 2025, from $133 in May to $252 in January; use per account ran 702 to 1,380 kWh a month.
Maryland residential price by month, 2024 to Jul 2026
Price by month, Maryland residential: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 17.45 | 18.24 | 20.61 |
| Feb | 17.58 | 18.30 | 20.08 |
| Mar | 18.07 | 18.94 | 35.85 |
| Apr | 17.85 | 19.05 | 22.07 |
| May | 17.62 | 19.00 | 21.77 |
| Jun | 17.41 | 19.29 | 21.84 |
| Jul | 17.24 | 18.83 | 21.41 |
| Aug | 17.83 | 19.83 | No data |
| Sep | 18.36 | 21.05 | No data |
| Oct | 19.21 | 22.30 | No data |
| Nov | 18.40 | 21.34 | No data |
| Dec | 18.13 | 19.57 | No data |
12 rows from EIA retail sales.
CSVWhat a typical Maryland residential account paid each month
Maryland residential: use per account times price, energy only.
Typical bill by month, Maryland residential: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 252 | 271 |
| Feb | 199 | 235 |
| Mar | 162 | 312 |
| Apr | 135 | 157 |
| May | 133 | 158 |
| Jun | 184 | 201 |
| Jul | 237 | 253 |
| Aug | 190 | No data |
| Sep | 175 | No data |
| Oct | 147 | No data |
| Nov | 168 | No data |
| Dec | 236 | No data |
12 rows from EIA retail sales.
CSVMaryland residential charts
Residential price, Maryland and U.S.
Maryland 13.82 ¢ in 2015 and 17.86 ¢ in 2024, 1.38 ¢ over the national figure.
Maryland residential price vs U.S., 2015 to 2024: 10 rows
| Year | Maryland residential | Gap to U.S. residential | Maryland commercial |
|---|---|---|---|
| 2015 | 13.82 | +1.17 | 11.00 |
| 2016 | 14.23 | +1.68 | 10.99 |
| 2017 | 13.96 | +1.07 | 10.75 |
| 2018 | 13.30 | +0.43 | 10.43 |
| 2019 | 13.12 | +0.11 | 9.97 |
| 2020 | 13.01 | -0.14 | 9.72 |
| 2021 | 13.12 | -0.54 | 10.26 |
| 2022 | 14.46 | -0.58 | 12.65 |
| 2023 | 16.60 | +0.60 | 12.77 |
| 2024 | 17.86 | +1.38 | 12.96 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +14.8% in 2023; latest +7.6%.
% vs prior year
- +3.02016
- -1.92017
- -4.72018
- -1.42019
- -0.82020
- +0.82021
- +10.22022
- +14.82023
- +7.62024
Year-over-year change, Maryland residential price: EIA retail sales.
CSVAnalyst note
The Maryland residential price sat above the U.S. average in 7 of 10 years; the gap was +1.17 ¢ in 2015 and +1.38 ¢ in 2024. In the 2024 ranking Maryland sits between Michigan (19.30 ¢) one place above and Pennsylvania (17.77 ¢) one place below; the top of the list is 25.00 ¢ away and the bottom 6.35 ¢. Maryland was 14th in 2015 with 13.82 ¢ and is 13th now; a rise in the table. Maryland residential prices rose in 5 of 9 years. The largest rise was +14.8% in 2023, and the largest fall -4.7% in 2018. The Maryland price peaked at 17.86 ¢ in 2024 and bottomed at 13.01 ¢ in 2020; 2024 is the peak and +37.3% from the low. Compounded, that is +2.89% a year in Maryland, -0.09 points against the U.S. Maryland buys 1.84% of all U.S. residential electricity with 1.71% of the accounts, so the average Maryland account uses 1.08 times the national average.
A middle price: 17.86 ¢/kWh for Maryland residential accounts, rank 13 of 51, +8.4% against the U.S. Maryland: +29.2% over nine years, or +2.9% a year, matching the national +30.3% by 1.0 points; 2023 was the biggest single move (+14.8%) and 2024 the high.
Last year's change in Maryland was +7.6% and still rising. Against the commercial price of 12.96 ¢ the gap is 4.90 ¢. Residential sales are 46.3% of Maryland electricity sold, and an average Maryland account used 929 kWh a month, an implied bill near $166.
Counting revenue instead of kWh, Maryland residential accounts bring in 55.3% of Maryland sector revenue on 46.6% of the kWh, a premium of 8.6 points that comes from the price level: 17.86 ¢ here against 12.96 ¢ for commercial and 10.01 ¢ for industrial accounts. The average Maryland residential account uses 929 kWh a month, 23 of 51 among states on that measure; a commercial account uses 9.53 times as much and a industrial account 33.84 times. Residential accounts are 90.05% of the 2,722,508 accounts in Maryland.
Facts
- Residential price 2024
- 17.86 ¢/kWh+8.4% against U.S.
- Price in 2015
- 13.82 ¢/kWh+29.2% to 2024
- Annual change
- +2.9%-0.1 points vs U.S.
- Rank
- 13 of 5138 states cost less
- Gap to U.S.
- +1.38 ¢$12.82 a month
- Peak year
- 202417.86 ¢; 2020 low 13.01 ¢
- Sales
- 27.3 TWh46.3% of state sales
- Residential accounts
- 2,451,753397.32 per 1,000 residents
- Use per account
- 929 kWh/mo11,146 a year
- Implied monthly bill
- $166+$13 against U.S. rate
Data tables
Maryland, residential: price by year
| Year | Maryland | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 13.82 | 12.65 | No data | +1.17 | 1.092 |
| 2016 | 14.23 | 12.55 | +3.0% | +1.68 | 1.134 |
| 2017 | 13.96 | 12.89 | -1.9% | +1.07 | 1.083 |
| 2018 | 13.30 | 12.87 | -4.7% | +0.43 | 1.033 |
| 2019 | 13.12 | 13.01 | -1.4% | +0.11 | 1.008 |
| 2020 | 13.01 | 13.15 | -0.8% | -0.14 | 0.989 |
| 2021 | 13.12 | 13.66 | +0.8% | -0.54 | 0.960 |
| 2022 | 14.46 | 15.04 | +10.2% | -0.58 | 0.961 |
| 2023 | 16.60 | 16.00 | +14.8% | +0.60 | 1.038 |
| 2024 | 17.86 | 16.48 | +7.6% | +1.38 | 1.084 |
Maryland residential: cost by use
| Monthly kWh | Maryland cost a month | Gap to U.S. rate in Maryland |
|---|---|---|
| 230 (0.25x the Maryland account) | $41.08 | +$3.17 |
| 460 (0.5x the Maryland account) | $82.16 | +$6.35 |
| 930 (1x the Maryland account) | $166.10 | +$12.83 |
| 1,390 (1.5x the Maryland account) | $248.25 | +$19.18 |
| 1,860 (2x the Maryland account) | $332.20 | +$25.67 |
| 3,720 (4x the Maryland account) | $664.39 | +$51.34 |
Maryland: the three sectors measured against residential
| Sector | Maryland price ¢/kWh | Price vs residential | Maryland kWh per account a month | Use vs residential | Maryland revenue share | Maryland kWh share |
|---|---|---|---|---|---|---|
| Residential (this page) | 17.86 | 1.00x | 929 | 1.00x | 55.3% | 46.6% |
| Commercial | 12.96 | 0.73x | 8,852 | 9.53x | 40.8% | 47.4% |
| Industrial | 10.01 | 0.56x | 31,427 | 33.84x | 4.0% | 6.0% |
Questions on Maryland residential
What is the average residential electricity rate in Maryland? Is 17.86 cents high?
17.86 cents in 2024, +8.4% against the U.S. rate.
Where does Maryland rank for residential electricity prices?
13th of 51, with 38 places charging less.
How much did Maryland residential rates change since 2015?
13.82 to 17.86 cents: +29.2% in total, +2.9% a year.
What does an average Maryland residential account pay a month?
929 kWh at 17.86 cents, price times use, comes to $166.
How large is the Maryland residential customer base?
2,451,753 accounts, or 397.32 per 1,000 residents.
What year did Maryland residential power peak?
2024 at 17.86 cents; the low was 13.01 cents in 2020.
What did Maryland residential electricity cost in 2025?
Maryland averaged 19.48 cents per kWh, +9.1% against 17.86 in 2024, and 14 of 51 among states.
Are Maryland residential electricity prices rising in 2026?
Maryland is +15.7 points against the U.S.: 23.01 cents from January to July 2026, +22.8% on 2025.
When in 2025 did Maryland residential power cost most, October or January?
October at 22.30 cents in Maryland; January was the lowest at 18.24, a 22% spread.
Does Maryland residential power cost more than the national average in 2026?
4.80 cents above the national average; Maryland 23.01 cents over January to July 2026, +22.8% on 2025.
More on Maryland residential
- Maryland state hub7 utilities, 441 accounts per 1,000
- Maryland commercial rates12.96 ¢, rank 15 of 51
- Maryland industrial rates10.01 ¢, rank 12 of 51