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

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Electricity Providers in New Market, Maryland

New Market is the state's 303rd most populated city. Customers in New Market are able to choose which supplier they acquire their business or home's electricity from because the area is a deregulated electricity market. While options are a positive, it can be confusing because of the convoluted nature of the advertisements and marketing published by the electricity suppliers. Find Energy has spent the time to make sure these suppliers and plans aren't in our marketplace only quality companies with clear rates and terms.

In a deregulated market, a customer will be served by a utility company, and an electricity supplier, also known as a Retail Electric Provider (REP). Consumers can choose their REP, whereas there is only one choice for the utility company as it is determined by who owns or manages the power infrastructure that serve your business or home. There are at present 10 REPs reportedly serving the New Market area, which is an overwhelming amount for any consumer. We've narrowed that number down to the list of top suppliers you can browse below. All of these companies also offer plans in the Find Energy marketplace.

New Market, MD Electricity Rates & Bills

It is a regular occurrence for suppliers to have confusing terms for their electricity prices, making it burdensome for consumers to effectively compare these plans. We have labored long hours to build a marketplace of plans with terms that are simple to grasp. We encourage consumers to take a look at the terms and conditions on any plan before you commit to it. It is imperative that you do not buy electricity plans until seeing the terms and conditions document to understand what charges to expect from the plan.

Tendencies for price changes in the New Market area can be accessed below.

New Market, Maryland Electricity Price Trends

Residential

New Market Averages

Rate13.85¢
Usage1,029 kWh
Bill$142

Maryland Averages

Rate13.05¢
Usage943 kWh
Bill$123

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Commercial

New Market Averages

Rate13.85¢
Usage1,029 kWh
Bill$142

Maryland Averages

Rate13.05¢
Usage943 kWh
Bill$123

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

New Market, MD Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.119/kWh$0.099/kWh$190.27/mo.$78.54/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.119/kWh$0.099/kWh$190.27/mo.$78.54/mo.

Current Average Rates, Consumption & Bill Amounts in New Market, Maryland

  • The residential electricity prices in New Market are currently 13.85 cents per kilowatt-hour. The, while the state average is 13.05 and the US average is 13.67.
  • New Market's average monthly residential electricity bill is $142.49. The average for the state of Maryland is $122.98 and for the US is 120.97.
  • Presently the the average commercial electricity rate in New Market is 14.51 cents per kilowatt-hour. The current average in Maryland is 12.82 cents and the nationwide average is 10.73 cents.
  • New Market's average monthly commercial electricity expense is $559.86. The average for Maryland is $437.55 and for the US it is 578.14.

Residential

Commercial

New Market, MD Commercial Electricity

Many business owners miss the importance of having a competitive electricity rate. No matter what industry you operate in, it is likely that electricity is a large percentage of your monthly expenses. Ourshopping process is incredibly easy and takes just minutes. While small differences of a penny, or even a fraction of a penny, per kilowatt-hour don't seem like much, this can often add up to huge savings each month. Any sized business is eligible for this type of savings. Using our simple comparison process, all you have to do is check if your current rate can be outpriced.

At Find Energy, we have compiled a list of some of the most competitive commercial electricity plans in the area. If your business has a substantial enough monthly electricity bill that amounts to a few thousand dollars or more, we can request a personalized rate from every electricity service provider in New Market. Custom rates provided by the electricity companies often amount to an even better rate for your company. You can rest assured that your company isn't losing out on sizeable savings. All it takes is a few minutes to shop for some of the lowest priced deregulated electricity plans currently available in your area.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


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. In our estimation, establishments are often able to save between 15% and 25% on their monthly electricity expenses after using our online marketplace.

New Market, MD's Utility Company is Versant Power

The biggest electric utility company in charge of supplying electricity to your location is Versant Power. This is a must for consumers to know. After all, this is the company you should get in touch with in the event of a blackout. Reporting a blackout to Versant Power is very easy and quite simple. You can do it online through Versant Power's website at website, or over their emergency line at (207) 973-2000.

Shop Electricity Providers by Zip Code in New Market, MD

  • 21774
  • 21754
  • 21770

New Market, MD 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 Energy11.90
Direct Energy12.19
Constellation Energy12.89
Just Energy14.09

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 10 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?

Energy Harbor, as of writing, has the most affordable residential power plan in your location, selling at a rate of 11.79 cents per kWh.

What is a good electricity rate in New Market?

The best electricity rate that can be bought in New Market is 11.79 cents per kWh, currently offered by Energy Harbor.

Last Reviewed By: Alex Zdanov
Published: 2021-03-16