Potomac Electric Power Co Electricity Rates

How this price compares

Ranked by price against the 15 utilities reporting residential rates in Maryland, Potomac Electric Power Co comes 13th of 15. The state's range runs from Hagerstown Light Department at 7.77¢ to Palmetto Solar, LLC at 25.69¢, so where a household sits inside Maryland depends far more on which utility serves it than on the statewide average alone.

Against the 3 other investor owned utilities reporting in Maryland, which averaged 17.32¢, Potomac Electric Power Co is above its own ownership class within the state (+15.9%).

All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 15 reporting utilities.

Scale and consumption

Potomac Electric Power Co reported 485.5K residential customers, ranking 2nd of 15 utilities in Maryland by customers served and covering 21.9% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 9,958 kWh per customer per year - near the national residential norm, implying a typical annual bill near $2,000.

Within Maryland the median reporting utility sells about 10,426 kWh per customer, so Potomac Electric Power Co customers use -4.5% against their own state's middle. Consumption close to the state middle means bills here track the price ranking fairly directly.

Every utility reporting in Maryland

All 15 utilities reporting bundled residential service in Maryland, largest first, with Potomac Electric Power Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

For generation mix and price history statewide, see electricity rates in Maryland.

Common questions about Potomac Electric Power Co rates

How much does Potomac Electric Power Co charge per kWh?

Potomac Electric Power Co reported an average residential price of 20.08¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.

Is Potomac Electric Power Co expensive compared with the rest of Maryland?

Its average residential price is above the Maryland customer-weighted average of 17.71¢ per kWh, a difference of +13.4%. The state figure is weighted by customers across the 15 utilities reporting residential service in Maryland.

What is the average electricity bill for Potomac Electric Power Co customers?

Dividing reported residential sales by residential customers gives about 9,958 kWh per customer per year. At the reported average price that implies roughly $2,000 a year, or about $167 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.

Who owns Potomac Electric Power Co?

EIA classifies Potomac Electric Power Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.

What this page does and does not tell you

• An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
• Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology, why energy prices vary and understanding rate structures.

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.