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Electricity rates · July 2026

Electricity rates in Maryland

Homes in Maryland paid an average of 21.41¢ per kWh in July 2026 — well above the U.S. average of 18.31¢ and up 13.7% from a year earlier. It ranks #15 of 51 (50 states and D.C.), from most to least expensive.

Residential price per kWh
21.41¢
U.S. 18.31¢
Commercial price per kWh
17.51¢
U.S. 14.53¢
Industrial price per kWh
16.21¢
U.S. 9.77¢
All sectors price per kWh
19.35¢
U.S. 14.99¢

What electricity costs per month in Maryland

Cost at the state average residential price, which includes taxes and fees. Your utility's rates may differ. Try your own kWh.

Monthly useMarylandU.S. average
500 kWh$107$92
900 kWh$193$165
1,200 kWh$257$220
1,500 kWh$321$275

Maryland vs. the South Atlantic region

Residential price per kWh, July 2026, and change from a year earlier.

AreaPricevs. year ago
Maryland21.41¢+13.7%
South Atlantic average16.12¢+5.5%
District of Columbia25.21¢+9.4%
Delaware18.48¢+11.5%
Virginia17.55¢+11.2%
Georgia16.27¢+4.6%
West Virginia15.78¢+2.3%
South Carolina15.47¢+5.2%
North Carolina15.16¢+13.4%
Florida15.03¢-0.5%

Could solar cut your Maryland bill?

At 21.41¢/kWh, our example 7 kW system pays back in 9.7 years and saves $2,086 in year one.

Solar payback in Maryland

Common questions

What is the average electricity rate in Maryland?

21.41¢ per kWh for residential customers in July 2026, according to the U.S. Energy Information Administration. That is well above the national average of 18.31¢. Your own rate depends on your utility and plan.

How much does 1,000 kWh of electricity cost in Maryland?

At the state average of 21.41¢/kWh, 1,000 kWh of energy costs about $214. That average already includes taxes and fees spread across all kWh sold; your own cost depends on your utility's rates and how much you use.

Are electricity prices in Maryland going up?

The July 2026 average was up 13.7% from the same month a year earlier (18.83¢). Recent EIA months are preliminary and can be revised.

Is solar worth it in Maryland at these prices?

For our example 7 kW system on a 10,500 kWh/yr home with full net metering, payback in Maryland is 9.7 years at today's average price. It depends heavily on your rate, roof and how your utility credits exports — see the state solar page for details.

Electricity rates in other states

Source: U.S. Energy Information Administration, Electric Power Monthly, Table 5.6.A (average price of electricity to ultimate customers), July 2026. Recent months are preliminary. Monthly cost examples multiply the average price by usage; EIA derives the average by dividing utility revenue (including taxes and fees) by kWh sold.

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