Thurmont, Maryland Electric Utility: Rates and Coverage Area

Thurmont, Maryland Electric Utility

Electricity Rates, Plans & Statistics

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About Thurmont, Maryland Electric Utility

Thurmont, Maryland Electric Utility is a municipally owned entity providing electricity in Thurmont, Maryland. The company has 2,496 residential customer accounts, 374 commercial customer accounts and 9 industrial accounts within their service area. Thurmont, Maryland Electric Utility averages 8.80 cents per kilowatt hour charged to their customers for residential electricity, which is 46.02% less than the average state rate of 16.31 cents and 43.70% lower than the nationwide average of 15.64. In 2019 the company sold 77,206 megawatt hours to end users (known as retail sales). The electricity they sourced was made up of megawatt hours procured on wholesale channels. They purchased 79,068 megawatt hours on the wholesale market. Through retail sales alone , The company made $6,485,900 in 2019.

The national average monthly residential power bill is $132.69, while the Thurmont, Maryland Electric Utility average is 20.95% less at $104.89 per month. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end consumers.

Thurmont, Maryland Electric Utility Net Metering

Thurmont, Maryland Electric Utility is one of 11 electricity suppliers in the state who offer net metering to their customers. The purchase of solar panels and alternative electricity sources is often prohibitively priced for citizens. Net metering allows purchasers of these electricity sources to sell extra wattage back to the grid, making the installation of these alternative sources economically viable.

Thurmont, Maryland Electric Utility Rate & Electric Bills

Thurmont, Maryland Electric Utility residential electric rates are highest in January and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.092/kWh$0.088/kWh$115.29/mo.$104.89/mo.
170th8.80¢Thurmont, Maryland Electric Utility's Average residential price per kWh
966th$104.89Average monthly electricity bill for Thurmont, Maryland Electric Utility's residential customers

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Thurmont, Maryland Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:10 Frederick Road
    Thurmont, Maryland 21788
    United States of America
  • Director/Superintendent:Harold Lawson

Thurmont, Maryland Electric Utility Contact

Thurmont, Maryland Electric Utility Service

  • Outage Phone:(301) 271-7313
Energy provider of the year for Maryland, Mid-Sized Provider Category
Lowest Energy Loss
Maryland, Mid-Sized Provider Category
Claim Award

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Thurmont, Maryland Electric Utility Coverage Map

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Thurmont, Maryland Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Maryland2,8795,910,30015100%

Thurmont, Maryland Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Frederick County287,0794016.89$154.14/mo

Thurmont, Maryland Electric Utility Reviews

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Thurmont, Maryland Electric Utility FAQ:

What is the phone number for Thurmont, Maryland Electric Utility?

The Thurmont, Maryland Electric Utility phone number is (301) 271-7313.

What is the average bundled bill for Thurmont, Maryland Electric Utility customers each month?

Customers of Thurmont, Maryland Electric Utility pay, on average, a monthly bundled bill of $104.89.

Who is the CEO of Thurmont, Maryland Electric Utility?

Thurmont, Maryland Electric Utility's current CEO is Harold Lawson.

What is the average bundled electricity rate for Thurmont, Maryland Electric Utility customers?

The average bundled rate of electricity for customers of Thurmont, Maryland Electric Utility is 8.80 cents per kilowatt hour (¢/kWh).

Matt Hope
Last Reviewed By: Matt Hope
Published: 2023-11-04