Southern Maryland Electric Cooperative

About Southern Maryland Electric Cooperative

Southern Maryland Electric Cooperative provides electricity to 33 cities in the state including cities such as Waldorf CDP, Clinton CDP, Fort Washington CDP, Fort Hunt CDP, and Bensville CDP. The organization is an electric cooperative. Electricity companies must regularly report the total number of customers they have to government agencies. In the most recent report the supplier reported a total of 151,408 residential customers and 15,489 commercial customers receiving electricity from the company. This is the sum of their customers. Southern Maryland Electric Cooperative's consumers are billed an average residential electricity rate of 12.91 cents per kilowatt hour. Fortunately, this is 1.02% less than the state's average price of 13.05 cents, resulting in the supplier ranking 15th out of 25 suppliers in Maryland for lowest average electricity price. About 3,241,824 megawatt hours were sold by the supplier to retail accounts in 2020. The electricity sourced by Southern Maryland Electric Cooperative is made up primarily of megawatt hours they procured on the wholesale market. This category makes up 72.95% of the total electricity sourced. Their revenue in 2020 from electricity related activities was $411,166,100, with 87.28% coming from retail sales to end users.

The average monthly residential electric bill for a customer of Southern Maryland Electric Cooperative is $153.95 per month, while the US average is $120.98. Customers of the supplier are faced with 1.31 electrical outages on average each year, with outages lasting around 148.8 minutes on average. The national averages for outages and duration are 1.21 outages at 122.99 minutes each. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates from other providers to then be resold to their customers.