Potomac Electric Power Company

About Potomac Electric Power Company

Potomac Electric Power Company is an investor owned entity with headquarters in Washington, District of Columbia and providing power to customers in 2 states in the country including in major cities such as Washington, Germantown CDP, Silver Spring CDP, Gaithersburg, and Rockville. Currently, 747,510 consumers are supplied electricity by the company. These customers are a mix of 3 industrial customers, 47,075 commercial accounts and 700,432 residential customer accounts. Patrons of Potomac Electric Power Company pay an average residential electricity rate of 10.80 cents per kilowatt hour, which is, luckily, 19.42% less than the average US price of 13.40 cents. Potomac Electric Power Company had total sales and disposition of 9,206,053 megawatt hours in 2020, of which 8,665,315 megawatt hours were from retail sales. The electricity sourced by Potomac Electric Power Company is made up of primarily wholesale purchased megawatt hours, with 9,206,053 acquired by the company. Their total revenue for 2020 from electricity activities was $2,156,707,600, with $1,146,075,300 from retail sales to end users.

The nationwide average monthly residential power bill is $118.93, while the Potomac Electric Power Company average is 24.79% lower at $89.44 per month. This is the 764th lowest average monthly bill amount for a supplier in the US. The supplier does not have ownership in any electricity generation facilities and all of the power that they sell to their consumers must be purchased from other providers.

Potomac Electric Power Company Net Metering

Fortunately, Potomac Electric Power Company offers net metering options to their customers. This is a positive for any consumer potentially installing private solar panels, as net metering allows them to sell their unused electricity back into the grid.

Energy Loss

Potomac Electric Power Company currently loses around 5.48% of the electricity that they generate. The national energy loss average is 2.76%, resulting in Potomac Electric Power Company receiving a rank of 1024th best out of 3510 companies reporting energy loss in the United States.

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 Electric Rates:

Price Per kWHAverage Bill$0.123/kWh$0.094/kWh$128.82/mo.$64.45/mo.
887th10.80¢Potomac Electric Power Company's Average residential price per kWh
764th$89.44Average monthly electric bill for Potomac Electric Power Company's residential customers

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

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.

-5.48%

Total Energy Loss

504,888MWh

1024 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 Columbia273,650376,872,733226.52%
Maryland473,860812,387,675373.48%

Potomac Electric Power Company County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
District of Columbia705,749114.68$122.27/mo
Montgomery County1,050,688315.17$140.75/mo
Prince George's County909,327315.39$141.18/mo

Cities Potomac Electric Power Company Has Coverage

  • Berwyn Heights, MD
  • Bladensburg, MD
  • Brentwood, MD
  • Brookeville, MD
  • Capitol Heights, MD
  • Cheverly, MD
  • Chevy Chase, MD
  • Chevy Chase View, MD
  • Chevy Chase Village, MD
  • College Park, MD
  • Colmar Manor, MD
  • Cottage City, MD
  • District Heights, MD
  • Edmonston, MD
  • Fairmount Heights, MD
  • Forest Heights, MD
  • Gaithersburg, MD
  • Garrett Park, MD
  • Glen Echo, MD
  • Glenarden, MD
  • Greenbelt, MD
  • Hyattsville, MD
  • Kensington, MD
  • Landover Hills, MD
  • Laytonsville, MD
  • Martin's Additions, MD
  • Morningside, MD
  • Mount Rainier, MD
  • New Carrollton, MD
  • North Brentwood, MD
  • North Chevy Chase, MD
  • Riverdale Park, MD
  • Rockville, MD
  • Seat Pleasant, MD
  • Somerset, MD
  • Takoma Park, MD
  • University Park, MD
  • Upper Marlboro, MD
  • Washington, DC
  • Washington Grove, MD

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

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Potomac Electric Power Company FAQ:

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

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

What is the phone number for Potomac Electric Power Company?

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

Does Potomac Electric Power Company have a parent company?

Potomac Electric Power Company is owned by Exelon Corporation.

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

Potomac Electric Power Companys current average BUNDLED electricity rate is 10.80 cents per kilowatt hour (¢/kWh), compared to the average US BUNDLED rate of 13.40 cents.

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

The average monthly bundled electric bill for customers of Potomac Electric Power Company is $89.44. The nationwide average is $118.93 for bundled service.

What cities does Potomac Electric Power Company supply electricity in?

Potomac Electric Power Company provides electricity to 40 cities in the nation.

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

There are 3 counties that receive at least some electricity coverage by Potomac Electric Power Company including, Maryland and District of Columbia.

Who is the CEO of Potomac Electric Power Company?

David M Velazquez is the CEO of Potomac Electric Power Company.

Last Reviewed By: Ginalyn Gelera
Published: 2021-03-16Last Updated: 2022-01-06