Potomac Electric Power Company: Rates and Coverage Area

Potomac Electric Power Company

Electricity Rates, Plans & Statistics

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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. A total of 753,182 residential customers, 50,252 commercial accounts and one industrial customer are provided electricity by the company. On average, Potomac Electric Power Company's consumers pay a residential electricity rate of 17.42 cents per kilowatt hour, which is 11.39% higher than the US average price of 15.64 cents. They had sales of 10,136,291 megawatt hours in 2022 by way of retail sales. The megawatt hours sourced by the supplier primarily came from megawatt hours that they purchased via the wholesale market. They purchased 10,758,797 megawatt hours on the wholesale market. In 2022, they made a total of $2,567,875,300 from business activities relating to the sale and transfer of electricity. They had revenue of $1,520,083,800 from retail sales to end users.

The average monthly residential electricity bill for a customer of Potomac Electric Power Company is $127.47, while the nationwide average is $132.69. Customers of the company pay 3.93% 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 5.73% 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 1043rd best out of 3517 suppliers who report energy loss in the country.

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 January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.200/kWh$0.125/kWh$169.81/mo.$77.30/mo.
2677th17.42¢Potomac Electric Power Company's Average residential price per kWh
1674th$127.47Average monthly electricity bill for Potomac Electric Power Company's residential customers

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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

Potomac Electric Power Company Service

Potomac Electric Power Company Plans

Potomac Electric Power Company offers a total of 19 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.

Most Popular Potomac Electric Power Company Plans

Safe Harbor 18

Residential

  • Rate 10.69¢ / kWh
  • Contract Length 18 mo.
  • Effective Date Aug 2023
  • Green Energy 0%

Secure Choice 12

Residential

  • Rate 11.09¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Aug 2023
  • Green Energy 0%

Secure Green Choice 12

Residential

  • Rate 11.19¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Aug 2023
  • Green Energy 100%

12 Month Home Power Plan

Residential

  • Rate 11.19¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Aug 2023
  • Green Energy 0%

All Potomac Electric Power Company Plans

Safe Harbor 18

Residential

  • Rate 10.69¢ / kWh
  • Contract Length 18 mo.
  • Effective Date Aug 2023
  • Green Energy 0%

Secure Choice 12

Residential

  • Rate 11.09¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Aug 2023
  • Green Energy 0%

Secure Green Choice 12

Residential

  • Rate 11.19¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Aug 2023
  • Green Energy 100%

12 Month Home Power Plan

Residential

  • Rate 11.19¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Aug 2023
  • Green Energy 0%

Fixed All-In

Residential

  • Rate 10.80¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Aug 2023
  • Green Energy 100%

Fixed All-In

Residential

  • Rate 11.35¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Aug 2023
  • Green Energy 5%

Fixed All-In

Residential

  • Rate 11.80¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Aug 2023
  • Green Energy 100%

Fixed All-In

Residential

  • Rate 10.42¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Aug 2023
  • Green Energy 5%

Safe Harbor 24

Residential

  • Rate 10.89¢ / kWh
  • Contract Length 24 mo.
  • Effective Date Aug 2023
  • Green Energy 0%

Safe Harbor 36

Residential

  • Rate 11.39¢ / kWh
  • Contract Length 36 mo.
  • Effective Date Aug 2023
  • Green Energy 0%

Fixed All-In

Residential

  • Rate 11.95¢ / kWh
  • Contract Length 24 mo.
  • Effective Date Aug 2023
  • Green Energy 5%

Fixed All-In

Residential

  • Rate 10.79¢ / kWh
  • Contract Length 24 mo.
  • Effective Date Aug 2023
  • Green Energy 5%

Fixed All-In

Residential

  • Rate 11.30¢ / kWh
  • Contract Length 24 mo.
  • Effective Date Aug 2023
  • Green Energy 100%

Safe Harbor 12

Residential

  • Rate 10.59¢ / kWh
  • Contract Length 12 mo.
  • Effective Date Aug 2023
  • Green Energy 0%

Fixed All-In

Residential

  • Rate 12.40¢ / kWh
  • Contract Length 24 mo.
  • Effective Date Aug 2023
  • Green Energy 100%

Fixed All-In

Residential

  • Rate 12.39¢ / kWh
  • Contract Length 36 mo.
  • Effective Date Aug 2023
  • Green Energy 0%

Fixed All-In

Residential

  • Rate 13.89¢ / kWh
  • Contract Length 36 mo.
  • Effective Date Aug 2023
  • Green Energy 100%

Fixed All-In

Residential

  • Rate 14.09¢ / kWh
  • Contract Length 24 mo.
  • Effective Date Aug 2023
  • Green Energy 100%

Fixed All-In

Residential

  • Rate 12.59¢ / kWh
  • Contract Length 24 mo.
  • Effective Date Aug 2023
  • Green Energy 0%
Energy provider of the year for District Of Columbia, Major Provider Category
Lowest Energy Loss
District Of Columbia, Major Provider Category
Claim Award
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 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.

-5.73%

Total Energy Loss

616,689MWh

1043 National Rank

Potomac Electric Power Company Coverage Map

Coverage Map Placeholder

Potomac Electric Power Company State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
District of Columbia297,566583,769,515226.19%
Maryland505,8691,069,308,238373.81%

Potomac Electric Power Company County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
District of Columbia671,803119.07$144.54/mo
Montgomery County1,052,5215019.76$171.92/mo
Prince George's County946,9715020.09$174.50/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 $127.47, compared to the national of $132.69 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 17.42 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.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2023-12-06