University Park, Maryland electricity rates - plans that match your needs

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Electricity Providers in University Park, Maryland

University Park is home to the 264th largest population in the state of Maryland, with 2,454 citizens residing there. In University Park, customers can choose from multiple electricity companies when it comes to who provides their electricity. This is referred to as a deregulated electricity market. Sadly, deregulated electricity markets are overflowing with fly by night companies with misleading advertising tactics. Find Energy has spent the time to make sure these types of suppliers and plans aren't in our marketplace only high quality companies with easy to understand rates and terms.

Deregulated areas necessitate the coverage of both utilities, who are responsible for transmission, and Retail Electric Providers (REPs), who are the companies in charge of procuring the electricity that consumers use. You can choose which REP will get your business, but your utility company is based upon the location of your business or home. University Park has 9 REPs operating to residents within the city boundaries, which results in tough decisions for customers searching for electricity. Below is a short list of some of the best suppliers selling electricity in the University Park area that a consumer can choose from.

University Park, MD Electricity Rates & Bills

Comprehending the prices marketed by retail electricity providers in University Park can be somewhat challenging. We have created a selection of clearly spelled out plans on our website, getting access to those plans is as easy as entering your zip code above. Inspecting the terms and conditions before buying an electricity plan in University Park will prevent a lot of headache in the future. Reviewing the terms and conditions document is an essential part of the shopping process. So we make it easy to do for all electricity plans we feature.

See below for price trends and historical rate patterns.

University Park, Maryland Electricity Price Trends

Residential

University Park Averages

Rate16.96¢
Usage892 kWh
Bill$151

Maryland Averages

Rate12.76¢
Usage939 kWh
Bill$120

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

Commercial

University Park Averages

Rate16.96¢
Usage892 kWh
Bill$151

Maryland Averages

Rate12.76¢
Usage939 kWh
Bill$120

United States Averages

Rate13.47¢
Usage886 kWh
Bill$119

University Park, MD Electricity Rates Over Time

Residential

Historical Electricity Rates:

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

Commercial

Historical Electricity Rates:

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

Current Average Rates, Consumption & Bill Amounts in University Park, Maryland

  • The residential electricity rates in University Park are currently 16.96 cents per kilowatt-hour. The, while the Maryland average is 12.76 and the national average is 13.47.
  • The average residential monthly electricity bill in the city is $151.24, while the Maryland average is $119.83 and the nationwide average is 119.32
  • The average price per kilowatt-hour for commercial electricity in University Park is 15.05 cents, while the state average is 11.96 cents and the national average is 10.55 cents.
  • University Park businesses, on average, spend $1,171.32 a month on their electricity bill. The state of Maryland averages $400.04 per residence per month and the US average is 564.41 per month.

Residential

Commercial

University Park, MD Commercial Electricity

For businesses in University Park, not looking into the most competitive business electricity plans could be significantly costing you money. Our comparison process is simple to use and our team takes care of| most of the legwork so you aren't using up your valuable time. This is our business, we will handle it while you handle yours. Procuring an electricity plan with even a slightly cheaper rate could add up to your company keeping significantly more of its revenue than it is now. Regardless of whether you are electricity intensive fertilizer factories or a locally owned doctor’s office, we are confident that there is money to be saved on your usual electricity expenses.

Here at Find Energy, we are focused on providing sensible business electricity rates from all of the biggest and most trusted service providers who are based in the University Park area. To help you save money on your monthly bill, Find Energy will submit your company for custom pricing consideration to electricity companies, provided that your monthly bill is upwards of $3,000. A personalized electricity rate typically provides significant long-term savings to the account holder. You can be confident that your business isn’t losing out on substantial savings. All it takes is a few minutes to shop for some of the lowest priced deregulated electricity plans currently available in University Park.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


There’s no harm in comparing the currently available deregulated rates against the rate you are usually paying, especially when you consider the following points:

  • Your organization may save thousands via a fixed-rate plan - Our team at Find Energy deal almost exclusively with fixed rate plans. If current electricity prices are trending upwards, then securing the lowest available rates may very well be one of the most consequential business moves you make this week.
  • Switching electricity suppliers does not result in any power interruption - No electricity service disruptions will take place when changing suppliers. Your customers and employees will not see any changes at any point during the switching process.
  • Switching your supplier only requires a couple of minutes - Our shopping process was specifically designed to be quick and hassle-free for electricity users. All you have to do is fill out your information. Once accomplished, we’ll take over and handle the heavy lifting. We’ll make certain to get your organization the best electricity deals available.
  • Find Energy will take charge of the entire switching process - Find Energy handles the entire transition if you are not under contract. After filling out your information, the next step is to let us help you lock in the best available plan for your establishment. You will receive a reduced electricity bill for years to come. And even if you are under contract, our team at Find Energy can still assist you in finding and switching to a better pricing plan.
  • Free quotations and no obligation - There is absolutely zero obligation to buy a deal if you aren’t convinced with the quotes you receive. We’ve worked hard to make this process as risk free as we can for consumers. Shop. Review your options. Make the switch only if it makes sense. It’s that straightforward!

If you’re ready for your company to begin cutting back on electricity expenses as soon as possible, all you have to do is enter your zip code and answer these few easy questions. Our team at Find Energy will start finding you the best options almost immediately! After this short and thorough process, you will see your company’s monthly electricity bills decrease by as much as 15% to 25%.

University Park, MD's Utility Company is Potomac Electric Power Company

Potomac Electric Power Company delivers electric utility services in the University Park area. Losing power in your house can be stressful. Make sure that you get in touch with your electric utility company to report any blackout. Potomac Electric Power Company’s electricity interruption telephone number is (202) 833-7500​, or you can report a blackout via the internet using their website.

Shop Electricity Providers by Zip Code in University Park, MD

  • 20782
  • 20737

University Park, MD Electricity FAQs

FAQ

How many electricity providers are in University Park?

As of writing, there are 9 suppliers based in University Park.

Who is the cheapest electricity provider in University Park?

The lowest residential electricity rate that can currently be had is priced at 11.99 cents per kWh, offered by Direct Energy.

How do I pick an electricity provider in University Park?

The quickest way of shopping for an electricity company in University Park is to use FindEnergy.com in evaluating all the different price points available to you right now. Similarly, you can visit the individual websites of each company and research what deals they are offering right now. It’s a good idea to start with these providers:

What is a fair electricity rate in University Park?

The lowest plan available in University Park is 11.99 cents per kWh, presently provided by Direct Energy.

Who offers the lowest electricity plans in University Park?

The lowest electricity rates in University Park can be seen below.

ProviderRate (¢/kWh)
Direct Energy11.99
Constellation Energy12.19
Just Energy13.39
WGL Energy14.40

What electric utility company does University Park, Maryland use?

University Park’s electric utility company is Potomac Electric Power Company, but University Park residents can purchase their electricity directly through a number of different electricity providers, including the ones listed below:

How do I find a green electricity plan in University Park?

Our marketplace provides consumers the ability to see what percentage of each plan is driven by green electricity, so you have the chance to select what you like best.

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