Potomac Electric Power Company

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Potomac Electric Power Company Rate & Electric Bills

Potomac Electric Power Company residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.156/kWh$0.125/kWh$155.06/mo.$77.30/mo.
2163rd13.65¢Potomac Electric Power Company's Average residential price per kWh
1437th$109.79Average monthly electricity bill for Potomac Electric Power Company's residential customers

About Potomac Electric Power Company

Potomac Electric Power Company is an investor owned company located in Washington, District of Columbia and providing power to customers in 2 states in the United States including in major cities like Washington, Germantown CDP, Silver Spring CDP, Gaithersburg, and Bethesda CDP. Potomac Electric Power Company has an average residential electricity rate of 13.65 cents per kilowatt hour, which is, luckily for their consumers, 0.13% less than the average nationwide rate of 13.67 cents. In 2020 they had retail sales of 8,665,315 megawatt hours. Of the megawatt hours they sourced, 9,206,053 megawatt hours were acquired via wholesale channels. In 2020, the company had revenue of $1,146,075,300 from retail electricity sales to end users.

The average monthly residential electricity bill for a customer of Potomac Electric Power Company is $109.79, while the nationwide average is $120.98. Customers of the company pay 9.25% less compared to other citizens of the country. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.

Potomac Electric Power Company Net Metering

Net metering is available to customers of Potomac Electric Power Company. Net metering makes solar panel installation more economically feasible as it allows citizens to sell electricity into the grid.

Energy Loss

Potomac Electric Power Company reported a yearly loss of around 5.48% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production business and suppliers are required to report these losses. This percentage of loss gives them a ranking of 1023rd best out of 3510 suppliers who report energy loss in the country.

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Potomac Electric Power Company Overview

  • Company Type:Investor Owned
  • Parent Company:Exelon Corporation
  • Headquarters:701 9th Street Northwest
    Washington, District of Columbia 20001
    United States of America
  • CEO:David M Velazquez

Potomac Electric Power Company Contact

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Energy provider of the year for District Of Columbia, Major Provider Category
Lowest Energy Loss
District Of Columbia, Major Provider Category
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Energy provider of the year for District Of Columbia, Major Provider Category
Top 3 Lowest Energy Loss
District Of Columbia, Major Provider Category
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Energy provider of the year for District Of Columbia, Major Provider Category
Top 3 Lowest Energy Loss
District Of Columbia, Major Provider Category
Claim Award

Energy Loss

Potomac Electric Power Company's energy loss due to business operations.

-5.48%

Total Energy Loss

504,888MWh

1023 National Rank

Potomac Electric Power Company Coverage Map

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Potomac Electric Power Company State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
District of Columbia277,159420,120,648226.73%
Maryland478,246868,391,121373.27%

Potomac Electric Power Company County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
District of Columbia689,545114.82$143.53/mo
Montgomery County1,062,0615016.80$148.28/mo
Prince George's County967,2015017.00$149.95/mo

Cities Potomac Electric Power Company Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Potomac Electric Power Company Reviews

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Potomac Electric Power Company FAQ:

What is the phone number for Potomac Electric Power Company?

You can reach Potomac Electric Power Company by phone via (202) 833-7500​.

Who is the CEO of Potomac Electric Power Company?

Potomac Electric Power Company's CEO is David M Velazquez.

How much is the average bundled bill for Potomac Electric Power Company customers each month?

Potomac Electric Power Company currently has an average monthly bundled electric bill of $109.79, compared to the national of $120.98 for bundled service.

How many states does Potomac Electric Power Company provider electricity to?

There are 2 states that receive at least some electricity coverage by Potomac Electric Power Company.

What is the average BUNDLED electricity rate for Potomac Electric Power Company customers?

The average BUNDLED price of electricity for consumers of Potomac Electric Power Company is 13.65 cents per kilowatt hour (¢/kWh).

How many counties does Potomac Electric Power Company sell electricity in?

Potomac Electric Power Company supplies electricity to customers in 3 counties in the US.

Does Potomac Electric Power Company have a parent company?

Potomac Electric Power Company is a subsidiary of Exelon Corporation.

What cities does Potomac Electric Power Company have customers in in?

Potomac Electric Power Company serves 125 cities.

Last Reviewed By: Ginalyn Gelera
Published: 2022-08-01