New Market, Maryland Electricity Rates & Plans

New Market, Maryland electricity rates - plans that match your needs

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Electricity Providers in New Market, Maryland

About 1,598 people consider New Market home, making the city the 297th most populated city in the state.

Energy companies in New Market, Maryland are constantly trying to outperform each other. When it comes down to it, this competition among New Market energy suppliers is a win for customers—as they enjoy competitive energy plans and cheaper prices Not everything is good news, however, as there are many less-than-reputable energy companies that prey on unsuspecting consumers, luring them with fraudulent advertising and questionable advertising.

Avoid predatory energy suppliers like these with FindEnergy.com. There are various energy suppliers in the New Market area; you can learn more about them on our online marketplace. Our marketplace is home to the most dependable electricity providers in the New Market area.

With Find Energy, you can be confident about your energy purchasing decisions—enter your zip code, and we’ll send you a shortlist of the most competitive electricity plans in New Market, Maryland. Or you can take a look at some of our top picks for providers in the list below.

New Market, MD Residential Electricity Rates

Residential

New Market Averages

Rate16.89¢
Usage913 kWh
Bill$154

Maryland Averages

Rate16.31¢
Usage868 kWh
Bill$142

United States Averages

Rate15.64¢
Usage849 kWh
Bill$133

You’ll be paying an average of 16.89 cents per kWh for your residential electricity if you’re residing in New Market, Maryland. On the other hand: the average cost of electricity in Maryland is currently at 16.31 cents per kWh; while the average cost of electricity on a national level is presently at 15.64 cents for every kilowatt-hour.

On average, New Market consumers spend $154.17 on their monthly energy bill. Meanwhile: the state monthly energy bill average is $141.61, while the nationwide monthly electricity bill average is $132.69.

Energy consumption is predominantly indicated in kilowatt-hours, and your energy expenses can vary depending on how much power you use. This is a common point of confusion for many energy consumers, as not everybody knows how different energy usage levels can impact particular energy plans.

FindEnergy.com only includes plans with TOSs to help eliminate consumer confusion. You can look up invaluable electricity information in the Terms of Service (TOS) of your energy plan. You can think of your electricity plan’s TOS similarly to the nutrition labels you read on food products; only you’re given valuable energy information such as the terms, conditions, and price information of your electricity plan, in place of nutrition information.

Find Energy has taken the initiative of creating TOS highlights on many different electricity plans available in the New Market area. Our team at Find Energy is committed to helping consumers make the right energy decisions; our online marketplace provides crucial energy information, including the conditions, terms, and prices of the best electricity plans available to you, as well as the most reliable energy providers that serve your area.

Let’s get you started on your new electricity plan—head over to FindEnergy.com and type in your zip code. Get your hands on the most attractive residential energy offerings in New Market, Maryland using our online marketplace.

Our team at Find Energy managed to gather the best residential energy plans you can get in New Market, Maryland; learn more about them in this list below.

New Market, Maryland Residential Electricity Plans

Residential

New Market, MD Commercial Electricity Rates

Commercial

New Market Averages

Rate13.95¢
Usage15,045 kWh
Bill$2,099

Maryland Averages

Rate14.13¢
Usage4,423 kWh
Bill$625

United States Averages

Rate12.11¢
Usage5,602 kWh
Bill$678

New Market area’s present commercial electricity rate is at 13.95 cents for every kilowatt-hour. The average business electricity rate in the state is 14.13 cents for every kilowatt-hour; while the average business electricity rate nationwide is 12.11 cents for every kilowatt-hour.

New Market entrepreneurs receive a monthly energy bill of $2,098.57 on average. You can compare this to the statewide monthly electricity bill, which currently averages $624.8; as well as the nationwide monthly energy bill, which presently averages $678.34.

Not many businesses can run their day to day without a large usage of electricity. Businesses commonly consume an order of magnitude higher than the average residential property does. You can't dispute that, at those averages, a reduced electricity rate may be good for business. Some businesses may see four or five figure reductions in their annual overhead by lowering their electricity cost by just a fraction of a penny.

Our team at Find Energy can send custom price requests for business establishments in New Market, Maryland that normally spend $3,000 or more on energy each month.

FindEnergy.com may be able to help you shave 15% to 25% off your monthly energy expenses if you shop for your next energy plan through FindEnergy.com.

Our marketplace carries the most updated energy information on the best commercial energy plans available to business owners in New Market. Your new business energy plan is on the way—type in your zip code.

Find Energy has compiled this shortlist of the most compelling business electricity plans available to New Market businesses.

New Market, Maryland Commercial Electricity Plans

Commercial

There are no Commercial plans available.

If you are considering whether you should try this, here are a few important things you might want to consider:

  • Fixed-rate plans may create savings for years to come - Fixed rate plans are the recommended plan of choice here at Find Energy. These plans secure the best rates and ensure that you can predict how much you will be paying per kilowatt-hour in the future.
  • There is no disruption of service when you shift to a different plan - Your business will not experience any service interruptions at any time during the switching process. In fact, the only change you will experience is the lower rate on your next bill!
  • The whole experience takes just minutes - Our intention is to quickly and effectively help your organization to save money each month. We've created our purchasing experience to be as hands free for you as possible. All you need to do is your information. Once 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 enjoying only the lowest plans from the most reliable electricity service providers in your area.
  • Find Energy will handle the entire switching process - For businesses not currently in a contract with an electric supplier, you don't need to wait on hold. Find Energy can easily take the reins and take care of the transition on your behalf. Even if you are under contract, or are not sure if you are, it is very likely we will still be able to save you money.
  • There's zero commitment to commit - If you are displeased with the quotes you get after submitting your information, or if you change your mind for some other reason, know that there isn't any obligation to go though with the transition. Just inform us that you have changed your mind, and you will remain on with your current plan.

Getting a new electricity rate with us is easy. Simply enter your zip code to get access to the best priced plans in Maryland.

New Market, MD Utility Company

Versant Power is responsible for distributing electricity in New Market, Maryland. If you're in the New Market area and are experiencing problems with your electricity, you can reach out to Versant Power.

Citizens of the New Market area can reach Versant Power at (207) 973-2000. You can also reach Versant Power's online customer support through the Versant Power's company website here.

New Market, Maryland Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.144/kWh$0.095/kWh$203.13/mo.$78.54/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.144/kWh$0.095/kWh$203.13/mo.$78.54/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 New Market, MD

  • 21774
  • 21770
  • 21754

New Market, Maryland Electricity FAQs

FAQ

Who has the most affordable electricity plans in New Market?

Here you can find the best priced electricity plans presently available in New Market:

ProviderRate (¢/kWh)
WGL Energy8.35
Just Energy11.89

How should I choose an electricity company in New Market?

With a lot of providers competing for your business, it is smart to use a website like findenergy.com to assist you in comparing your choices. You can start by typing in your zip code. Similarly, you can look up all the different company websites, and with the use of an Excel file or a Word document, you can take note of and weigh the different deals you find.

What electric utility company does New Market, Maryland use?

The following suppliers are our most trusted electricity companies in New Market:

How many electricity providers are in New Market?

At the moment, there are 11 providers based in New Market.

How do I find a green electricity plan in New Market?

It's really a pretty simple process! All you have to do is type in your zip code on this page, and you can look up all available plans and take a closer look at what percentage of each plan comes from green electricity.

Who is the most affordable electricity company in New Market?

WGL Energy, as of writing, has the most affordable residential power plan in your location, selling at a rate of 8.35 cents per kWh.

What is a good electricity rate in New Market?

The best electricity rate that can be bought in New Market is 8.35 cents per kWh, currently offered by WGL Energy.

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-04-24