Safe Harbor 18
Residential
- Rate 9.19¢ / kWh
- Contract Length 18 mo.
- Effective Date Aug 2023
- Green Energy 0%
- Plan seen in Maryland
- Terms and Conditions
Electricity Rates, Plans & Statistics
Potomac Edison is an investor owned company operating in 2 states in the nation. The company recently reported a total of 415,029 customers, 0.71% of which are industrial properties, 9.97% are commercial customer accounts and 89.32% are residential customers. The average residential electricity rate for patrons of Potomac Edison is about 12.47 cents per kilowatt hour, which is 20.85% below the US average of 15.76 cents. They sold 7,633,544 megawatt hours in 2022 through retail accounts. The electricity they sourced was made up of megawatt hours generated by the company in power plants they own and megawatt hours that they procured by way of the wholesale electricity market. They generated 3,761,523 megawatt hours and purchased 5,174,256 wholesale megawatt hours. Potomac Edison earned $948,557,400 in 2022, $89,282,600 of which came from electricity sales on the wholesale energy market and $786,109,600 of which came from sales to residential electricity customers.
The nationwide average monthly residential electricity bill is $135.34, while the Potomac Edison average is 3.01% more at $139.41 per month. Potomac Edison ranks 1991st in the United States for average monthly bill amount. The supplier's customers are faced with an average of 1.19 power outages per consumer each year. These outages go on for an average of 190.26 minutes, while the national average is 1.45 outages per consumer and 171.11 minutes an outage. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.
Potomac Edison gives their customers the ability to participate in net metering. This makes it cheaper for residents in the area to install solar and other alternative electricity options as they have the ability to sell excess kilowatt hours back into the grid.
Potomac Edison residential electric rates are highest in October and the highest average bill is in January.
Find out which plans are best for your home or business in your area and send a change request in minutes.
Potomac Edison offers a total of 8 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Length & Frequency of Potomac Edison's Power Outages
190.26 min.
vs. national average of 171.11 min.
1.19 outages/yr
vs. national average of 1.45
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Maryland | 259,905 | 481,275,335 | 4 | 64.32% |
West Virginia | 155,124 | 374,921,231 | 6 | 35.68% |
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Allegany County | 67,267 | 39 | 20.00 | $171.86/mo |
Berkeley County | 129,490 | 1 | 11.61 | $138.36/mo |
Carroll County | 175,305 | 49 | 21.87 | $180.92/mo |
Frederick County | 287,079 | 40 | 20.00 | $171.83/mo |
Garrett County | 28,955 | 39 | 20.00 | $171.86/mo |
Grant County | 11,063 | 2 | 11.91 | $131.70/mo |
Hampshire County | 23,214 | 1 | 11.61 | $138.36/mo |
Hardy County | 14,269 | 1 | 11.61 | $138.36/mo |
Howard County | 335,411 | 49 | 22.32 | $183.22/mo |
Jefferson County | 57,542 | 1 | 11.61 | $138.36/mo |
* City coverage generated based on government data. Always verify you can get service from the provider.
Consumers of Potomac Edison pay, on average, a monthly bundled bill of $139.41.
Potomac Edison's customer service phone number is (800) 686-0011
First Energy is the owner of Potomac Edison.
Average outage times for Potomac Edison are roughly 190.25549999999998 minutes per outage.
Potomac Edison offers service in 14 counties.
Potomac Edison provides electricity in 88 cities.
Steven E. Strah is the current CEO of Potomac Edison.
Potomac Edison's current average BUNDLED electricity rate is 12.47 cents per kilowatt hour (¢/kWh), compared to the average national BUNDLED rate of 15.76 cents.
Potomac Edison provides electricity in 2 states.