Baltimore, Maryland electricity rates - plans that match your needs

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Electricity Providers in Baltimore, Maryland

Baltimore, Maryland has an estimated population of 585,708 people calling it home—which means it is the largest city by population in the state.

Baltimore, Maryland has a deregulated electricity market that facilitates a very high level of competition among electricity providers that provide service in the Baltimore area. It is the energy consumers who actually benefit from this competition among electricity companies in Baltimore, Maryland as they get to enjoy attractive energy plans at the lowest allowable prices. However, this competition also makes new customers particularly vulnerable to dishonest electricity suppliers and misleading advertising tactics.

With the Find Energy marketplace, it’s simple to stay away from these sketchy energy providers. There are many different electricity suppliers in Baltimore, Maryland; you can find out more about them on the Find Energy marketplace. Find Energy showcases high-value electricity plans from reliable energy suppliers.

Enter your zip code to start saving on your energy bill right off the bat. View some of the top picks for suppliers in Baltimore in the list below.

Baltimore, MD Residential Electricity Rates

Residential

Baltimore Averages

Rate15.87¢
Usage877 kWh
Bill$139

Maryland Averages

Rate13.36¢
Usage938 kWh
Bill$125

United States Averages

Rate14.11¢
Usage893 kWh
Bill$126

Baltimore’s current residential electricity cost is at 15.87 cents per kilowatt-hour. You can compare this to the state average, which is at 13.36 cents for every kWh; as well as the countrywide average, which is at 14.11 cents per kilowatt-hour.

The monthly electricity bill in the Baltimore area is currently at an average of $139.22. On a statewide level, residents pay a monthly average of $125.23; while on a nationwide level, residents pay a monthly average of $125.95.

Your energy bills tend to differ from the numbers above depending on your monthly electricity use. Electricity plans normally aren’t so cut-and-dry, and the relationship between monthly kWh consumption levels and particular energy rates is one that leaves many consumers perplexed.

By only highlighting plans with a TOS, we eliminate the confusion related to your electricity plan. You can learn essential energy information in the Terms of Service (TOS) of your energy plan. In a similar fashion to scanning through the nutrition labels you find on food products, reviewing the TOS of your energy plan will help you better comprehend the terms, conditions, and price information of your energy plan.

There are various electricity suppliers in your area, and our team at Find Energy has already compiled the Terms of Service of many different electricity plans they offer. The Find Energy marketplace highlights readily available information—conditions, terms, prices. etc.—on the most compelling electricity plans and the most prominent electricity suppliers in your area.

Enjoy a better energy plan in less than 2 minutes—enter your zip code. FindEnergy.com gets you the most compelling residential energy plans from the most dependable energy companies in your location.

Find Energy has created this shortlist of the most compelling residential energy plans available to Baltimore consumers.

Baltimore, Maryland Residential Electricity Plans

Residential

Baltimore, MD Commercial Electricity Rates

Commercial

Baltimore Averages

Rate11.82¢
Usage20,321 kWh
Bill$2,401

Maryland Averages

Rate13.93¢
Usage3,449 kWh
Bill$480

United States Averages

Rate11.16¢
Usage5,445 kWh
Bill$608

Commercial electricity rate in Baltimore, Maryland is at 11.82 cents per kWh. Compare this to the 13.93 cents for every kWh statewide average and the 11.16 cents per kWh national average.

Business owners in the Baltimore area typically pay an average of $2,401.24 for their electricity every month. Now, compare this to the state of Maryland’s monthly electricity bill averaging at $480.24, and the current national monthly energy bill averaging at $607.57.

Electricity is a necessity in most business types. In fact, electricity is a significant cost for a vast majority of companies out there. Reducing electricity costs is one easy method to increase your company's profits. Savvy shoppers will realize that even slight decreases in the cost per kilowatt hour may save sizable amounts of money for a business.

For business owners who consistently receive an electricity bill of $3,000, our team at Find Energy can help your business acquire customized rates from the most reputable electricity suppliers in Baltimore.

If you run a business in Baltimore, you can use FindEnergy.com to potentially reduce your electricity bill by 25%.

FindEnergy.com is home to Baltimore's most reputable energy providers and their best commercial energy offerings. Let's get you a new commercial energy plan—go to our marketplace by filling in your zip code..

Here is a shortlist of the most attractive business energy plans you can get in your location.

Baltimore, Maryland Commercial Electricity Plans

Commercial

There are no Commercial plans available.

Consider the following if you're still undecided about shopping for a new business electricity rate:

  • Fixed-rate plans result in no surprises - Almost every plan on our marketplace is a fixed rate plan, as our experience tells us that these sorts of electricity plans are what's best for consumers. Fixed rate plans empower consumers to determine just what they will be paying per kilowatt-hour each month and provide them the opportunity to secure the most attractive rates available, even when the price of electricity skyrockets.
  • Changing electricity suppliers will not result in any power interruption - If you purchase a brand new plan, you get a bill with your new electricity provider's name on it. Your utility company does not change and power keeps flowing the entire time.
  • The whole switching process takes minutes - Our intention is to seamlessly and effectively help your company to save money as soon as possible. Our team has designed our purchasing process to be as hands free for you as possible. Simply fill out your information. After you confirm your account with us, we will take care of the remainder of the switching process. Find Energy will make sure that your company is getting only the best deals from the most reliable electricity companies on the market.
  • Zero “break up” call with your current service provider - There is no need to inform your current provider if you are not under contract. Oftentimes, this is just as true even if you are under contract. Our team handles the communication with the electricity companies. At the end of the day, Find Energy will provide you with the best deals currently available on the market.
  • Shop for new plans with no obligation - Not convinced with the deal you got after you submit your information? No worries. There is absolutely zero obligation to make the transition. It is entirely up to you if you want to sign up for a new plan. This, of course, is what drives Find Energy to find you a great plan that you can't refuse!

If you're ready for your business to start cutting back on electricity expenses as soon as possible, all you have to do is enter your zip code and answer these simple questions. Find Energy will start getting you the best options right away!

Baltimore, MD Utility Company

Versant Power is Baltimore's main utility company. Connect with Versant Power to report power interruptions or any other concerns in Baltimore, Maryland.

You can get a hold of Versant Power at (207) 973-2000. Online, you can find Versant Power here.

Baltimore, Maryland Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.156/kWh$0.108/kWh$159.40/mo.$80.16/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.156/kWh$0.108/kWh$159.40/mo.$80.16/mo.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


Shop Electricity Providers by Zip Code in Baltimore, MD

  • 21234
  • 21222
  • 21215
  • 21206
  • 21207
  • 21228
  • 21224
  • 21218
  • 21229
  • 21236
  • 21208
  • 21212
  • 21230
  • 21227
  • 21225
  • 21217
  • 21237
  • 21213
  • 21239
  • 21216
  • 21209
  • 21223
  • 21202
  • 21214
  • 21201
  • 21210
  • 21231
  • 21205
  • 21211
  • 21226
  • 21251

Baltimore, Maryland Electricity FAQs

FAQ

What is the most affordable electricity company in Baltimore?

Energy Harbor is currently offering a residential electricity plan priced at 11.09 cents per kWh, which is the most affordable electricity plan we currently have in our marketplace.

Who has the best electricity deals in Baltimore?

Baltimore's best priced electricity deals can be found below:

ProviderRate (¢/kWh)
WGL Energy11.10
Constellation Energy11.79
Just Energy13.59

How many providers are in Baltimore?

There are presently 12 electricity providers offering their services in Baltimore.

What electric company does Baltimore, Maryland use?

Versant Power is the most reliable electric utility company in Baltimore, but dozens of companies offer electricity in the deregulated Baltimore market. Below is a complete registry of our best suppliers carrying electricity in the area:

How do I shop for a renewable electricity plan in Baltimore?

Our marketplace gives you the ability to see what percentage of each plan is fueled by green electricity, so you can purchase the plan that you like best.

How do I choose an electricity company in Baltimore?

With dozens of suppliers competing for your business, it is wise to use a website like findenergy.com to aid you in comparing your many different options. You can start by filling out your zip code on this page. Or if you want, you can visit all the different company websites, and using an Excel file or a Word document, you can record and evaluate the different plans you find.

What is an affordable electricity rate in Baltimore?

The cheapest electricity rate offered in Baltimore is 11.09 cents per kWh, presently being supplied by Energy Harbor.

Last Reviewed By: Nick Reese
Published: 2022-12-02