Safe Harbor 18
Residential
- Rate 10.69¢ / kWh
- Contract Length 18 mo.
- Effective Date Aug 2023
- Green Energy 0%
- Plan seen in Maryland
- Terms and Conditions
Electricity Rates, Plans & Statistics
Baltimore Gas & Electric is an investor owned company headquartered in Baltimore, Maryland and supplying power to customers in Maryland. The company last disclosed a total of 3,695 industrial customers, 74,512 commercial customers and 1,005,261 residential customer accounts. This is the entirety of their customers. Baltimore Gas & Electric averages 16.68 cents per kilowatt hour charged to their customers for residential electricity , which is more than both the Maryland and the nationwide average rates of 16.31 and 15.64 cents per kilowatt hour, respectively. A total of 13,624,887 megawatt hours were sold to retail customers in 2022 by the supplier. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 15,495,430 megawatt hours purchased by the company. Their revenue for 2022 from electricity related activities was $2,891,068,900, with $1,951,992,600 from retail sales to end users.
Patrons of the company pay an average monthly residential electricity bill of $140.69. This is 0.69% less than the state average of $141.61. Electricity generation is not handled in house at the company, as they purchase power at wholesale rates and then resell to their end users.
Baltimore Gas & Electric, fortunately, allows consumers to participate in net metering. Net metering allows citizens to sell megawatt hours back to the grid, which makes the installation of solar panels and other alternative electricity sources more financially viable.
Baltimore Gas & Electric currently loses around 11.95% of the electricity that they produce. These averages enable us to compare and contrast the numerous providers who operate around the country. Baltimore Gas & Electric has been given a rank of 1414th best out of 3517 providers who report energy loss in the nation and 8th best out of 52 in Maryland.
Baltimore Gas & Electric residential electric rates are highest in January and the highest average bill is in July.
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Baltimore Gas & Electric offers a total of 12 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Baltimore Gas & Electric's energy loss due to business operations.
Total Energy Loss
1,851,248MWh
1414 National Rank
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Maryland | 1,083,469 | 2,157,951,500 | 2 | 100% |
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Anne Arundel County | 593,286 | 48 | 19.14 | $165.97/mo |
Baltimore County | 846,161 | 48 | 19.14 | $165.97/mo |
Baltimore city | 569,931 | 48 | 19.14 | $165.97/mo |
Calvert County | 94,573 | 49 | 18.48 | $166.22/mo |
Carroll County | 175,305 | 49 | 18.49 | $162.41/mo |
Harford County | 263,867 | 49 | 19.55 | $172.07/mo |
Howard County | 335,411 | 49 | 18.87 | $164.50/mo |
Montgomery County | 1,052,521 | 50 | 19.76 | $171.92/mo |
Prince George's County | 946,971 | 50 | 20.09 | $174.50/mo |
* City coverage generated based on government data. Always verify you can get service from the provider.
Baltimore Gas & Electric currently has an average monthly bundled electric bill of $140.69, compared to the Maryland average of $141.61 and the nationwide of $141.61 for bundled service.
The average bundled rate of electricity for consumers of Baltimore Gas & Electric is 16.68 cents per kilowatt hour (¢/kWh).
You can reach Baltimore Gas & Electric by phone via (800) 685-0123.
Baltimore Gas & Electric's CEO is Carim V. Khouzami.
Baltimore Gas & Electric supplies electricity to customers in 9 counties throughout the nation including Maryland.
Baltimore Gas & Electric is a subsidiary of Exelon Corporation.
Baltimore Gas & Electric provides electricity to 122 cities in the country.