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Maryland · Updated August 2026

Maryland electric rates in 2026

What every Maryland utility actually charges, where the number comes from, and what it means for your bill.

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Questions

The things people actually ask

What is the average electricity rate in Maryland?

Between 19 and 22 cents per kilowatt-hour all-in depending on the utility. BGE's Standard Offer Service supply rate is 16.64 cents; Pepco runs higher at about 20.5 cents all-in. BGE's last distribution step was a 0.1 cent increase on January 1, 2026. Pepco has a $119 million rate case pending. Your own bill divided by your kilowatt-hours is the number that applies to you.

Is solar worth it in Maryland?

At 19 to 22 cents with full retail net metering, yes for most well-oriented roofs, and more so on Pepco than BGE. A kilowatt of panels produces roughly 1,256 kWh a year here, so a 9 kW system is worth about $2,317 annually at 20.5 cents, plus SREC income. Maryland is one of the few states where a state grant applies to a PPA.

Does Maryland have net metering?

Yes, at full retail, mandated by state law. Surplus credits roll month to month, and the annual true-up pays out anything left at avoided cost, roughly 3 to 5 cents. That true-up rate is why residential systems are sized to match on-site usage rather than to overproduce.

Estimate what solar does against your Maryland electric bill

Enter your bill and we’ll size the array that would cover it, and show the gross value of that production at your rate. It does not net off the customer charge, taxes or what you would still draw at night — for that, use the bill savings calculator. Nothing is sent anywhere; this runs in your browser.

You use about—
System size to cover it—
Panels, roughly—
Roof area needed—
Your current annual electricity spend—
See what your roof actually produces →

An estimate from your own numbers, not a quote, and not a savings figure. It assumes 400 W panels, an 80% system derate and no roof constraints. Your real number depends on orientation, roof area and your utility’s export credit. Savings are not guaranteed.

Every utility, side by side

What Maryland homeowners pay

UtilityAll-in rateFull breakdown
UtilitiesBGE, Pepco, Delmarva, Potomac Edison, SMECO, Choptank ElectricBy service territory
Default supplyStandard Offer ServiceProcured through PSC-overseen auctions
Wholesale marketPJMSame market as Pennsylvania and New Jersey
MarketDeregulatedSupply can be shopped

Figures as published August 2026. Each utility resets on its own schedule — check your bill for the rate on your account.

The production side

What a roof in Maryland produces

Maryland averages about 4.3 peak sun hours a day. A well-oriented kilowatt of panels produces roughly 1,256 kilowatt-hours a year. A typical 9 kW residential system therefore produces around 11,304 kilowatt-hours annually, which at a rate near 20.5¢ is worth roughly $2,317 a year before any incentive.

Those are pre-shading figures. Trees, roof pitch and orientation move them, sometimes a lot, which is why we read your specific roof rather than quoting a state average at you.

What has actually moved

UtilityChangeEffective
BGE+0.1¢January 1, 2026 — final step of the 2023 multi-year distribution plan, about $1.07 a month
Pepco$119M requestedPending Maryland rate case — a separate $123M DC increase was vacated by a court
Maryland all-in19–22¢Ranges by utility; BGE lowest, Pepco and Delmarva higher

What Maryland actually offers a homeowner

Maryland is unusual in that its state grant works with a PPA. The Maryland Solar Access Program pays $750 per kilowatt up to $7,500 for income-qualified homeowners, and owned, leased or PPA systems all qualify. SRECs currently trade around $40–$90 per megawatt-hour, with a 1.5x bonus for certified systems through 2027. A 6% sales and use tax exemption with no expiration, a 100% state property tax exemption, and county credits worth up to $5,000 in some counties. The federal residential credit ended for systems placed in service after December 31, 2025.

How export credit works in Maryland

Full retail, mandated by Maryland law. Exports are credited 1:1 against what you buy, monthly surplus rolls forward, and the annual true-up pays out remaining credit at avoided cost, roughly 3–5¢ per kilowatt-hour, which is why systems are sized to on-site load rather than to maximize export. Your export value tracks your utility's rate: higher on Pepco, lower on BGE — how the true-up works.

How Maryland works

Why the number is what it is

BGE, Pepco and Delmarva Power serve most of Maryland. The state is deregulated and procures default supply through Standard Offer Service auctions overseen by the Public Service Commission.

Maryland is in PJM, so the same capacity price surge that raised bills in Pennsylvania and New Jersey applies here. Delivery charges and riders are set separately through state rate cases.

The honest cost picture

Two ways to pay for solar

If you buy the system you own the equipment, keep any renewable credits, and carry maintenance. If you use a PPA it is $0 upfront — we install and own the system, you buy the power it produces, and you only pay for what it actually generates.

The residential federal tax credit (25D) ended for property placed in service after December 31, 2025.

You will still see ads promising a 30% credit that “ends December 31.” Read the date on them. What remains applies to the owner of the system — which, under a PPA, is us. SolarAmerica does not provide tax advice; talk to your tax professional.

Who you would be working with

SolarAmerica

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Sources

Where these numbers come from

Every figure on this page is drawn from a public filing or a published rate schedule. We update it when the utility resets.

Last updated August 2026.

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