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
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 $132.69. Customers of the company pay 3.93% less compared to other citizens of the country. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.
Net metering is available to customers of Potomac Electric Power Company. Net metering makes solar panel installation more economically feasible as it allows citizens to sell electricity into the grid.
Potomac Electric Power Company reported a yearly loss of around 5.73% of the electricity that they produce. Loss of electricity due to heat dissipation during electricity transmission and other causes is part of operating in the electricity production business and suppliers are required to report these losses. This percentage of loss gives them a ranking of 1043rd best out of 3517 suppliers who report energy loss in the country.
Potomac Electric Power Company residential electric rates are highest in January and the highest average bill is in January.
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Potomac Electric Power Company offers a total of 19 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Potomac Electric Power Company's energy loss due to business operations.
Total Energy Loss
616,689MWh
1043 National Rank
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
District of Columbia | 297,566 | 583,769,515 | 2 | 26.19% |
Maryland | 505,869 | 1,069,308,238 | 3 | 73.81% |
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
District of Columbia | 671,803 | 1 | 19.07 | $144.54/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.
You can reach Potomac Electric Power Company by phone via (202) 833-7500.
Potomac Electric Power Company's CEO is David M Velazquez.
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.
There are 2 states that receive at least some electricity coverage by Potomac Electric Power Company.
The average BUNDLED price of electricity for consumers of Potomac Electric Power Company is 17.42 cents per kilowatt hour (¢/kWh).
Potomac Electric Power Company supplies electricity to customers in 3 counties in the US.
Potomac Electric Power Company is a subsidiary of Exelon Corporation.
Potomac Electric Power Company serves 125 cities.