Maryland · Investor Owned · investor

The Potomac Edison Company Electricity Rates

Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.

13.83¢
Avg residential price / kWh
240.6K
Residential customers
-21.9%
vs Maryland average
$1,802
Implied avg annual bill

Among 194 utilities with 100,000 or more residential customers, The Potomac Edison Company ranks #118 by average cents per kWh and #111 by residential customers. The Potomac Edison Company charged an average of 13.83¢ per kWh to residential customers in 2024 - below the Maryland average and below the Form 861 US customer-weighted average.

San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. The Potomac Edison Company is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is below the Maryland customer-weighted average (-21.9%). Its customers used above the national residential norm at about 13,034 kWh a year each.

  • San Diego Gas & Electric Co 43.63¢ · customers rank #90
  • Florida Power & Light Co 5,236,277 customers · price rank #122

Highest average rate is not the most customers

Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers

residential customers
  • FL size
    5,236,277
  • CA rate
    307,982

What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.

Source EIA Form 861 residential survey, latest release. Average cents per kWh and customer counts from the same rows; no tariff or bill is implied. As of 2024

EIA Form 861 utility filing desk

Release MD-2024 · The Potomac Edison Company WELL BELOW STATE

The Potomac Edison Company · Form 861 2024 · WELL BELOW STATE

  • RATE 13.83¢/kWh
  • RANK #6/15
  • VS-ST -21.9%
  • VS-US -19.2%
  • CUST 241k
  • BILL $1,802
  • OWN IOU
  • PHOTO TX 0.06¢
  • BOOK 111/194

Nearest Form 861 price peer: Denton County Elec Coop, Inc (TX) (-0.06¢ gap)

EIA Form 861 residential filing stamps for this utility record. Read with this utility → · Maryland rates

The Potomac Edison Company in the Form 861 price neighbourhood

Average residential ¢/kWh among this utility and nearest indexable peers

¢/kWh
  • MO
    14
  • IN
    14
  • TX
    14
  • this util
    14
  • NC
    14

What this shows The Potomac Edison Company reports 13.83¢/kWh, corpus customer-rank 111 of 194.

Source EIA Form 861 residential survey As of 2024
D55/100

RateWatt cost context

How The Potomac Edison Company compares on reported cost context

A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in Maryland; the state generation context is shown separately.

Price against state peers
64/100

13.83¢/kWh · median 14.84¢/kWh

Implied annual bill against state peers
50/100

$1,802/yr · median $1,802/yr

State renewable generation context
42/100

14.0% · median 22.8%

Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.

Rate comparison

How this price compares

Ranked by price against the 15 utilities reporting residential rates in Maryland, The Potomac Edison Company comes 6th 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, whose customer-weighted average is 18.77¢, The Potomac Edison Company is far below its own ownership class within the state (-26.3%).

State price distribution

Where The Potomac Edison Company sits among Maryland utilities

2024 average residential price across the 15 utilities reporting a rate in Maryland

13.83¢/kWh Top 40% most affordable More affordable than 64% of 14 other utilities

The Potomac Edison Company

average residential price, equal-width bands

Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.

Source EIA Form 861 · 2024

The Potomac Edison Company average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
The Potomac Edison Company 13.83¢ -
Maryland (customer-weighted, 15 utilities) 17.71¢ -21.9%
US Form 861 customer-weighted average (1.5K utilities) 17.11¢ -19.2%
Investor Owned customer-weighted US avg (183 utilities) 18.37¢ -24.7%

Rate against consumption: Maryland utilities

Each dot is one of the 15 Maryland utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. The Potomac Edison Company is highlighted. In Maryland the cheapest rate belongs to Hagerstown Light Department (7.77¢) while the smallest implied annual bill belongs to EverBright, LLC ($760) - a household's bill is price multiplied by consumption, so the two rankings are different lists. 2×2 strategic matrix plotting 15 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use 050100150 050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 15 Maryland utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. The Potomac Edison Company is highlighted. In Maryland the cheapest rate belongs to Hagerstown Light Department (7.77¢) while the smallest implied annual bill belongs to EverBright, LLC ($760) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

Territory and usage

Scale and consumption

The Potomac Edison Company reported 240.6K residential customers, ranking 3rd of 15 utilities in Maryland by customers served and covering 10.9% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 13,034 kWh per customer per year - +25.0% against the Maryland median of 10,426 kWh , implying a typical annual bill near $1,802.

State peers

Every utility reporting in Maryland

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

Residential utilities in Maryland, 2024, ranked by customers served
Utility Ownership Customers Avg ¢/kWh
Baltimore Gas & Electric Co Investor Owned 1.0M 17.91¢
Potomac Electric Power Co Investor Owned 485.5K 20.08¢
The Potomac Edison Company (this page) Investor Owned 240.6K 13.83¢
Delmarva Power Investor Owned 172.0K 20.22¢
Southern Maryland Elec Coop Inc Cooperative 158.4K 14.84¢
Choptank Electric Cooperative, Inc Cooperative 50.7K 16.46¢
Tesla Inc. Behind the Meter 27.0K 15.84¢
Sunrun Inc. Behind the Meter 25.2K 14.18¢
Hagerstown Light Department Municipal 15.1K 7.77¢
Easton Utilities Comm Municipal 8.6K 13.06¢
Sunnova Behind the Meter 4.6K 18.67¢
Spruce Finance Behind the Meter 579 12.03¢
EverBright, LLC Behind the Meter 350 12.74¢
A & N Electric Coop Cooperative 253 13.69¢
Palmetto Solar, LLC Behind the Meter 5 25.69¢

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

Ownership class peers

Investor Owned utilities with similar residential prices

Beyond Maryland, these indexable investor owned utilities report the closest residential averages to The Potomac Edison Company in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.

Same-ownership utilities outside Maryland nearest in residential price
Utility State Customers Avg ¢/kWh
AES Indiana Indiana 469.5K 13.75¢
Virginia Electric & Power Co North Carolina 108.7K 13.93¢
Evergy Metro Missouri 273.9K 13.72¢
Duke Energy Carolinas, LLC North Carolina 1.9M 13.94¢
Florida Power & Light Co Florida 5.2M 13.71¢

FAQ

Common questions about The Potomac Edison Company rates

How much does The Potomac Edison Company charge per kWh?
The Potomac Edison Company reported an average residential price of 13.83¢ 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 The Potomac Edison Company expensive compared with the rest of Maryland?
Its average residential price is below the Maryland customer-weighted average of 17.71¢ per kWh, a difference of -21.9%. The state figure is weighted by customers across the 15 utilities reporting residential service in Maryland.
What is the average electricity bill for The Potomac Edison Company customers?
Dividing reported residential sales by residential customers gives about 13,034 kWh per customer per year. At the reported average price that implies roughly $1,802 a year, or about $150 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns The Potomac Edison Company?
EIA classifies The Potomac Edison Company as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.

Limitations

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 and why energy prices vary .

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

Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.