12.96¢
per kWh
Maryland commercial electricity price
Maryland commercial customers paid an average of 12.96 cents per kilowatthour in 2024, up from 12.77 cents in 2023.
Source: U.S. Energy Information Administration, 2024 ↗Maryland commercial energy reference
Maryland Commercial Electricity Statistics
Key figures on commercial electricity prices, retail sales, supplier choice, energy efficiency, and community solar in Maryland. Updated August 18, 2026.
At a glance
Maryland businesses operate in a market where electricity costs, supplier arrangements, and efficiency programs all affect the total cost of keeping a facility running. This page gathers the most useful public figures in one place and links every statistic to its original source.
Maryland electricity statistics
Each figure is dated, sourced, and linked directly to the public record.
1.6%
above U.S. average
Commercial price comparison
Maryland’s 2024 commercial average was 1.6% above the U.S. commercial average of 12.75 cents per kilowatthour.
Source: U.S. Energy Information Administration, 2024 ↗45.8%
of retail sales
Sales through energy-only providers
Using EIA’s sales totals, energy-only providers accounted for 27.1 million MWh of Maryland’s 59.0 million MWh in retail electricity sales during 2024.
Source: U.S. Energy Information Administration, 2024 ↗59.0M
MWh sold
Maryland retail electricity sales
Maryland recorded 59,018,688 MWh in total retail electricity sales in 2024.
Source: U.S. Energy Information Administration, 2024 ↗35.4M
MWh generated
Electricity generated in Maryland
Power plants in Maryland generated 35,424,816 MWh in 2024. Nuclear was the state’s primary energy source.
Source: U.S. Energy Information Administration, 2024 ↗324K
annualized MWh saved
BGE efficiency savings
BGE reported nearly 324,000 MWh in annualized electric energy savings through its 2024 efficiency portfolio as of June 2024.
Source: Maryland Public Service Commission, 2024 report ↗$62M
in incentives and credits
BGE customer incentives and credits
BGE reported approximately $62 million in incentives and bill credits tied to its 2024 energy-efficiency portfolio as of June 2024.
Source: Maryland Public Service Commission, 2024 report ↗14,000+
BGE subscriptions
Community solar participation
BGE reported more than 14,000 community-solar subscriptions, with over 80 MW in service and more than 190 MW reserved for development as of October 2024.
Source: Maryland Public Service Commission, 2024 report ↗$13.6B+
expected lifetime savings
Statewide efficiency program value
Maryland’s EmPOWER programs reported more than $13.6 billion in expected lifetime savings from installed efficiency measures through the 2022 program year.
Source: Maryland Public Service Commission, 2023 report ↗Using the numbers well
Statewide data is a benchmark, not a bill calculation.
Average prices and statewide sales are useful for understanding the market, but they cannot confirm whether one company’s invoice is correct. A commercial bill can include usage, demand, delivery, supply, taxes, riders, contract terms, credits, and account-specific adjustments.
Use the figures here to frame questions and compare trends. For an account-level review, compare the actual invoice with the rate structure, supplier terms, meter records, and billing history behind it.
Request a bill review →Methodology and sources
How this reference is maintained
Figures are taken from the latest public source available when this page was updated. Statistics are kept in the context and year reported by the issuing organization. We refresh the page when a primary source releases materially newer data.
- U.S. Energy Information Administration, average electricity prices by sector and state, 2024 ↗
- U.S. Energy Information Administration, Maryland Electricity Profile, 2024 ↗
- Maryland Public Service Commission, Electric System Planning Annual Report, 2024 ↗
- Maryland Public Service Commission, EmPOWER Maryland annual report, published 2023 with 2022 program data ↗
Cite this page
Baltimore’s Best Energy. “Maryland Commercial Electricity Statistics.” Updated August 18, 2026. https://baltimoresbestenergy.net/maryland-commercial-electricity-statistics