Somerset, Maryland electricity rates - plans that match your needs

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Electricity Providers in Somerset, Maryland

Somerset has 1,187 inhabitants and is in Montgomery County, MD. The Somerset area is a deregulated electricity market, this means that customers have the power to choose between multiple providers when determining who supplies their electricity. Traversing the deceptive or confusing rates and plans that some electricity suppliers use can be a challenge when consumers have electricity choices to make. Staying away from these providers is uncomplicated. Just use the Find Energy website, where we have sorted through the hundreds of companies out there and only feature plans from superior organizations.

Deregulated markets necessitate the coverage of both utilities, own the power lines and handle the transmission of electricity, and Retail Electric Providers (REPs), that handle procuring the electricity that customers use. Who your utility is is based upon where you live, consumers do not have a choice here. Consumers are able to choose your REP based on multiple factors. Quite a few consumers will be overwhelmed by the 9 REPs with electricity for sale in the Somerset area. Below are the best suppliers providing electricity service in Somerset.

Somerset, MD Electricity Rates & Bills

Determining the actual rate of electricity plans available in Somerset isn't always simple. We've done our best to show plans in our marketplace with easy to comprehend rates and terms so that you can choose them with confidence. Reviewing the information in the terms and conditions is essential ahead of you purchasing a plan. The terms and conditions document has important information, including rate details and how much you can expect to pay based on your actual usage.

Below we have put together the latest price patterns for Somerset.

Somerset, Maryland Electricity Price Trends

Residential

Somerset Averages

Rate 16.96¢
Usage 892 kWh
Bill $151

Maryland Averages

Rate 12.76¢
Usage 939 kWh
Bill $120

United States Averages

Rate 13.47¢
Usage 886 kWh
Bill $119

Commercial

Somerset Averages

Rate 16.96¢
Usage 892 kWh
Bill $151

Maryland Averages

Rate 12.76¢
Usage 939 kWh
Bill $120

United States Averages

Rate 13.47¢
Usage 886 kWh
Bill $119

Somerset, MD Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWh Average Bill $0.172/kWh$0.122/kWh $185.25/mo.$87.10/mo.

Commercial

Historical Electricity Rates:

Price Per kWh Average Bill $0.172/kWh$0.122/kWh $185.25/mo.$87.10/mo.

Current Average Rates, Consumption & Bill Amounts in Somerset, Maryland

  • Somerset's current average residential electricity price is 16.96 cents per kilowatt-hour. The state average is 12.76 cents and the countrywide average is 13.47 cents.
  • Somerset citizens average a monthly residential electricity bill of $151.24. The average in Maryland is $119.83 per month and the average in the US is 119.32 per month.
  • Somerset's average commercial electricity price is 15.05 cents per kilowatt-hour. The Maryland state average is 11.96 cents and the nationwide average is 10.55 cents.
  • Somerset businesses, on average, pay a monthly electricity expense of $1,171.32. The state of Maryland averages $400.04 per residence per month and the national average is 564.41 per month.

Residential

Commercial

Somerset, MD Commercial Electricity

Acquiring an electricity plan for your business is a no-brainer. Whether electricity is a large or small part of your monthly spend, the small time commitment it takes to find a more competitive electricity plan will probably end up being the best use of your time today dollar wise. Our business electricity plan shopping process is incredibly simple to make sure that you don't spend much time on this. We handle the heavy lifting! Receiving a cheaper rate by just a few percentage points on your electricity rate for your business can result in thousands of dollars of savings a year. Any sized company is eligible for this saving opportunity. With our straightforward comparison process, all you have to do is see if your current rate can be topped.

Find Energy has partnered with the top electricity companies in Maryland so that we can provide genuinely competitive plans to our users. For some businesses with monthly electricity expenses above $3000, we can get the electricity companies in Somerset to compete for your business. Custom electricity plans enable organizations to have significant savings, and lock in highly competitive rates for months to come. At the end of the day, your organization could be losing money if you are refusing to take advantage of shopping for plans on the deregulated market in Somerset.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


There's zero risk in comparing the currently available deregulated rates versus the rate you are actively paying, especially when you keep in mind the following:

  • Fixed-rate plans can create savings for years to come - Almost every single plan on our marketplace is a fixed rate plan, as our experience tells us that these kinds of plans are what's best for a lot of people. Fixed rate plans enable people to know just how much they will pay per kilowatt-hour each month and provide them the ability to secure the most attractive rates in the market, even when the price of electricity skyrockets.
  • The switching experience is seamless with no service interruptions - Your establishment will not experience any service outages at any time during the switching process. In fact, the only difference you will notice is the much lower rate on your next monthly bill!
  • You'll save a significant amount of money without spending much time - All you need to do is spend a few minutes filling out your information with us. After that is done, our team at Find Energy will take care of the rest. You will have a brand new electricity plan and spend virtually no time.
  • Zero “break up” call with your current company - There is no need to inform your current provider if you are not under contract. In many cases, this is just as true even if you do have an active contract. Find Energy handles the communication with the electricity service providers. At the end of the day, we will present you with the best deals currently available in your area.
  • Shop for new plans without obligation - If you dislike the deals you receive after entering your information, or if you change your mind for some other reason, know that there is no obligation to move forward with the switching process. Simply inform us that you have changed your mind, and you will remain on with your current service.

Purchasing a new deal with us is straightforward. Just type in your zip code to get access to the best priced services in Somerset. After this short and thorough process, you could notice your company's monthly electricity bills drop as much as 15% to 25%.

Somerset, MD's Utility Company is Potomac Electric Power Company

Your area's biggest electric utility company is Potomac Electric Power Company. Consumers should be aware of this as this is who you should contact in case of an electrical disruption. You can report a power interruption online on Potomac Electric Power Company's website at website, or over their emergency number at (202) 833-7500​.

Shop Electricity Providers by Zip Code in Somerset, MD

  • 20815
  • 20816

Somerset, MD Electricity FAQs

FAQ

How many providers are in Somerset?

There are presently 9 electricity suppliers offering electricity in Somerset.

What is an affordable electricity rate in Somerset?

The best priced rate that can be had in Somerset is 11.99 cents per kWh, currently being provided by Direct Energy.

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

Using Find Energy, you can buy a 100% Green electricity plan without hassle. Just search for electricity plans that have the 100% Green label.

What is the most affordable electricity provider in Somerset?

Currently, our most affordable power plan offered in your neighborhood is from Direct Energy, at a residential pricing of 11.99 cents per kilowatt-hour.

How do I choose an electricity supplier in Somerset?

Start by typing in your zip code. Find Energy will then show you the best priced electricity deals currently available on the market.

What electric utility company does Somerset, Maryland use?

The following providers are our best electricity vendors in Somerset:

Who has the best electricity deals in Somerset?

Somerset's best electricity plans can be found below:

Provider Rate (¢/kWh)
Direct Energy 11.99
Constellation Energy 12.19
Just Energy 13.39
WGL Energy 14.40

Last Reviewed By: Nick Reese
Published: 2021-03-16