Maryland Electricity
2024 energy prices and generation data from the EIA
Residential Rate
17.86¢/kWh
Residential
17.86¢/kWh
2.5M customers
Commercial
12.96¢/kWh
261.5K customers
Industrial
10.01¢/kWh
9.3K customers
Residential Price History
| Year | Price | Change |
|---|---|---|
| 2016 | 14.23¢/kWh | +1.9% |
| 2017 | 13.96¢/kWh | +5.0% |
| 2018 | 13.30¢/kWh | +1.4% |
| 2019 | 13.12¢/kWh | +0.8% |
| 2020 | 13.01¢/kWh | -0.8% |
| 2021 | 13.12¢/kWh | -9.3% |
| 2022 | 14.46¢/kWh | -12.9% |
| 2023 | 16.60¢/kWh | -7.1% |
| 2024 | 17.86¢/kWh | — |
Market Overview
Residential Revenue
$4880.1M
Commercial Revenue
$3600.6M
Residential Sales
27.3M MWh
Residential Customers
2.5M
Data from the U.S. Energy Information Administration (2024). Prices in cents per kilowatt-hour (kWh).