Compare Electricity Rates In Maryland
If you’re looking to save money on your energy bills, one of the smartest steps you can take is to compare electricity rates in Maryland . Thanks to Maryland’s deregulated energy market, residents and businesses can choose their electricity supplier rather than being locked into a single utility company. This flexibility creates opportunities for better pricing, renewable energy options, and customized plans. In Maryland, utilities such as Baltimore Gas and Electric (BGE), Pepco, Delmarva Power, and Potomac Edison deliver electricity to homes and maintain power lines. However, you can choose a third-party supplier to provide the electricity itself. This separation between supply and delivery is what makes it possible to compare electricity rates in Maryland and potentially reduce your monthly costs. When comparing rates, the first factor to consider is plan type. Fixed-rate plans lock in your price per kilowatt-hour (kWh) for the length of the contract, protecting you from marke...