Drum Point CDP, Maryland electricity rates - plans that match your needs

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Electricity Providers in Drum Point CDP, Maryland

Placing 259th for largest city by population in the state of Maryland, Drum Point CDP is home to 2,553 people.

Drum Point CDP’s deregulated energy market is extremely competitive, with many energy companies that citizens can choose to receive service from. This competition yields compelling power plans and cheaper rates. There exist, however, more than a few predatory energy providers that are in the business of scamming unsuspecting customers through false promises and purposefully misleading plan terms.

Purchase a new energy plan with confidence using Find Energy; our marketplace makes sure you’re protected against less-than-reputable electricity suppliers. Make sure you’re making the right choices when buying a new power plan; use available data on Find Energy about the many different companies that provide service in Drum Point CDP. FindEnergy.com can connect you with the most dependable energy providers in the Drum Point CDP area, so you can get the most compelling energy offerings in your area.

With Find Energy, you can be sure about your energy buying decisions—enter your zip code, and we’ll send you the most attractive electricity plans in the Drum Point CDP area. Take a look at the top choices for retail electric providers in the list below.

Drum Point CDP, MD Residential Electricity Rates

Residential

Drum Point CDP Averages

Rate16.11¢
Usage936 kWh
Bill$151

Maryland Averages

Rate13.36¢
Usage938 kWh
Bill$125

United States Averages

Rate14.11¢
Usage893 kWh
Bill$126

Drum Point CDP has a residential electricity rate of 16.11 cents for every kilowatt-hour. On a state level, consumers pay an average of 13.36 cents for every kilowatt-hour; while on a national level, consumers pay an average of 14.11 cents per kilowatt-hour.

Each month, Drum Point CDP, Maryland residents pay an average of $150.77 for their electricity. Presently, $125.23 and $125.95 are the present state and national monthly energy bill average, respectively.

In most cases, there is a direct correlation between your energy bill and your average electricity usage every month. This correlation between energy consumption levels and energy rates is what often leaves plenty of consumers perplexed about the terms of their electricity plans.

Our marketplace only shows plans with TOSs to eliminate any confusion. You can learn essential information about your electricity plan in the Terms of Service (TOS). TOSs do not only provide valuable energy information—such as the terms, conditions, and price information of your energy plan—it also enables consumers to make a more straightforward comparison between different electricity offerings from different energy companies.

Find Energy has already collected important energy information indicated on TOSs of the various electricity plans available in your location. Find Energy has consolidated important energy information on our website, including the conditions, terms, and prices of the most attractive energy plans being offered in Drum Point CDP, Maryland.

Enjoy a better energy plan in as fast as 2 minutes—enter your zip code. Eliminate the guesswork when buying your new energy plan; get accurate energy information on the most attractive residential electricity plans available in your area using our marketplace.

FindEnergy.com has compiled a shortlist of some of the most competitive residential electricity plans you can get in your location.

Drum Point CDP, Maryland Residential Electricity Plans

Residential

Drum Point CDP, MD Commercial Electricity Rates

Commercial

Drum Point CDP Averages

Rate12.51¢
Usage12,833 kWh
Bill$1,605

Maryland Averages

Rate13.93¢
Usage3,449 kWh
Bill$480

United States Averages

Rate11.16¢
Usage5,445 kWh
Bill$608

You’ll be spending an average of 12.51 cents per kWh for your commercial electricity if you’re doing business in Drum Point CDP. You can compare this to both the state and nationwide average rates that are at 13.93 cents for every kWh and 11.16 cents for every kWh respectively.

If you’re doing business in Drum Point CDP, chances are you’re spending $1,605.46 on your energy bill each month, on average. As a point of comparison: the state’s current monthly energy bill averages $480.24, and the current countrywide monthly electricity bill averages $607.57.

Electricity is a primary monthly expenditure for businesses in almost all sector. Businesses electricity accounts average approximately 12 times more electricity than residential electricity accounts. This makes it all the more important for business owners and managers to shop for the lowest available rates. It would be wise to realize that even a slight reduction in your cost per kilowatt hour can make a big difference in your overall bill.

FindEnergy.com can send customized price requests for businesses in Drum Point CDP that spend $3,000 or more on energy each month.

Drum Point CDP area businesses may be able to reduce your monthly bill by 15% to 25% if they shop for their energy plan through our website.

Business owners in Drum Point CDP can purchase the most competitive business electricity plans from dependable electricity providers through our marketplace. Your new business energy plan is underway—type in your zip code.

Although there are quite a few business electricity offerings available to businesses in Drum Point CDP, here are the most attractive ones.

Drum Point CDP, Maryland Commercial Electricity Plans

Commercial

There are no Commercial plans available.

Here are a few reasons why you should at least compare your existing plan against custom business electricity plans:

  • No surprises except the amount you will save - Fixed rate plans empower consumers secure rates for extended periods of time. They also allow your organization to foresee expenses without the worry of potential exponential price increases that are common with variable rate plans.
  • Changing electricity suppliers won't result in any power interruption - No electricity service disruptions will happen while switching providers. Your team won't see any changes during the changeover.
  • The entire switching process takes a couple of minutes - After you submit your company's information, we will do all of the work for you. Depending on the size of your organization, we will find you the lowest available rates in your area. For companies with a large enough bill, we will also receive personalized prices from the the top electricity companies serving Drum Point CDP.
  • No need to inform your existing electric provider - There is no need for a “break up” call with your existing provider if you are not under contract. If you haven't signed a contract with an electricity service company, the entire switching process can be handled by our staff at Find Energy. If you aren't sure, however, Find Energy can check that for you as well. If you are under contract, we may still be able to save you money, so submit your info!
  • No obligation to buy into a new plan - Shop. See your options. And let Find Energy get you the best quotes for your establishment. It doesn't get any easier than that! If you are not convinced by the rates you receive from Find Energy, then you don't have to do anything. You can remain on with your current service. Only make the switch if it makes total sense.

To begin saving on your electricity bill, the easiest way is to get the process started as early as possible. All you would need to do is fill in your zip code on this page and answer a few simple questions. This will make it possible for us to determine the best plans for you.

Drum Point CDP, MD Utility Company

While there are a number of electricity providers that offer energy services to the residents of Drum Point CDP, Versant Power is the main utility provider in charge of transmitting electricity to homes and businesses in Drum Point CDP, Maryland. If you're experiencing power failures in Drum Point CDP, contact Versant Power.

If you need to get in touch with Versant Power, you can do so at (207) 973-2000. Versant Power's official website is here.

Drum Point CDP, Maryland Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.160/kWh$0.095/kWh$249.23/mo.$102.53/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.160/kWh$0.095/kWh$249.23/mo.$102.53/mo.

Find the best plan for your needs

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Shop Electricity Providers by Zip Code in Drum Point CDP, MD

  • 20657

Drum Point CDP, Maryland Electricity FAQs

FAQ

How should I pick an electricity company in Drum Point CDP?

With a lot of electricity suppliers competing for your business, it is wise to use a service like Find Energy to help you weigh your choices. You can get the process going by typing in your zip code. Alternatively, you can visit individual company websites, and through the use of an Excel sheet or a Word document, you can record and evaluate the different plans you find.

What is the cheapest electricity provider in Drum Point CDP?

Energy Harbor is presently offering a residential plan at 11.09 cents per kWh, which is the lowest power plan we presently have in our marketplace.

What electric utility company does Drum Point CDP, Maryland use?

Drum Point CDP's electric utility is Versant Power, but Drum Point CDP consumers can purchase their electricity from a number of different suppliers, including the ones listed below:

Who offers the lowest electricity plans in Drum Point CDP?

Drum Point CDP's most affordable electricity services include the following:

ProviderRate (¢/kWh)
WGL Energy11.10
Constellation Energy11.89
Just Energy13.59

How do I find a green electricity plan in Drum Point CDP?

FindEnergy.com provides you the ability to take a closer look at what percentage of each plan is powered by green electricity, so you can purchase the electricity plan that you're most comfortable with.

How many suppliers are in Drum Point CDP?

Drum Point CDP has a total of 4 companies selling electricity within the city limits.

What is an affordable electricity rate in Drum Point CDP?

The lowest electricity plan offered in Drum Point CDP is 11.09 cents per kWh, currently being provided by Energy Harbor.

Last Reviewed By: Nick Reese
Published: 2022-11-21