Southern Maryland Electric Cooperative

About Southern Maryland Electric Cooperative

Southern Maryland Electric Cooperative provides electricity to 31 cities in the state including cities such as Waldorf CDP, Fort Washington CDP, Bensville CDP, California CDP, and Lexington Park 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 158,870 residential customers and 15,955 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 14.93 cents per kilowatt hour. Fortunately, this is 16.67% less than the state's average price of 17.91 cents, resulting in the supplier ranking 11th out of 18 suppliers in Maryland for lowest average electricity price. About 3,206,490 megawatt hours were sold by the supplier to retail accounts in 2023. 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 38.72% of the total electricity sourced. Their revenue in 2023 from electricity related activities was $469,308,900, with 90.41% coming from retail sales to end users.

The average monthly residential electric bill for a customer of Southern Maryland Electric Cooperative is $175.03 per month, while the US average is $142.37. Customers of the supplier are faced with 1.09 electrical outages on average each year, with outages lasting around 102.81 minutes on average. The national averages for outages and duration are 1.44 outages at 123.49 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.