Maryland · Investor Owned
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
The Potomac Edison Company charged an average of 13.83¢ per kWh to residential customers in 2024 - below the Maryland average and below the US average.
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.
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, which averaged 19.40¢, The Potomac Edison Company is far below its own ownership class within the state (-28.7%).
All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 15 reporting utilities.
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
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
| Benchmark | Price / kWh | Difference |
|---|---|---|
| The Potomac Edison Company | 13.83¢ | - |
| Maryland (customer-weighted, 15 utilities) | 17.71¢ | -21.9% |
| United States average | 16.48¢ | -16.1% |
| Investor Owned utilities nationally (183) | 17.36¢ | -20.4% |
Rate against consumption: Maryland utilities
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 - above the national residential norm, implying a typical annual bill near $1,802.
Within Maryland the median reporting utility sells about 10,426 kWh per customer, so The Potomac Edison Company customers use +25.0% against their own state's middle. Consumption this heavy usually tracks electric heating, sustained air-conditioning load or a largely detached-housing territory, which makes the price per kWh bite harder here than the headline rate suggests.
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.
| 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.
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, 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.
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 and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.