Public Power & Utility of Maryland

About Public Power & Utility of Maryland

Public Power & Utility of Maryland is a retail power marketer, which is a provider that offers their services in deregulated electricity markets where consumers are able to purchase electricity from a multitude different providers. There are 2,962 customer accounts who are served by the company. These customer accounts are made up of 1,116 residential customers and 1,846 commercial properties. Public Power & Utility of Maryland charges their patrons an electricity only residential rate of 12.69 cents per kilowatt hour on average, which is 9.34% below Maryland's average electricity only price of 13.99 cents and 1.32% higher than the US average of 12.52 cents. The company had sales of 48,593 megawatt hours in 2023 sold to end users. The electricity sourced by the provider primarily came from megawatt hours that they procured by way of the wholesale market. They purchased 48,593 wholesale megawatt hours. The supplier made $6,279,000 in 2023. All of that revenue came from retail sales alone.

The Maryland average monthly residential electricity only bill is $128.42, while the Public Power & Utility of Maryland average is 94.55% higher at $207.36 per month. Public Power & Utility of Maryland ranks 65th in the state for average monthly bill amount. Electricity generation is not part of the Public Power & Utility of Maryland business model, as they purchase power at wholesale rates and then resell to their customers.