Electricity Rates

Guide to Maryland Electric Choice

Need to find lower cost energy for your home or business in Maryland? Good news - you have choice over who supplies your energy

Last updated
December 3, 2024
Author: Matt from Currents
Learn about energy for your home or business.
Interested in finding lower electricity rates? Use Currents to automatically switch to lower rates without any interruption in service. How are we different? We're not paid by the suppliers we switch you to. Instead, we take a portion of savings for finding you the best rates - fixed prices, 12 months or more, no fees.

Understanding Maryland Electric Choice

Maryland's deregulated energy market allows you to choose your electricity supplier while your local utility continues delivering power.

The Maryland Electric Choice website (www.mdelectricchoice.com) serves as your official resource for comparing suppliers and understanding your options.

Major Utilities in Maryland

  • BGE (Baltimore Gas & Electric)
  • Potomac Electric Power Company (PEPCO)
  • Delmarva Power
  • Potomac Edison

Licensed Electricity Suppliers

Current major providers include:

  • Constellation Energy
  • Direct Energy
  • NRG Energy
  • Tomorrow Energy
  • CleanChoice Energy

Maryland electric choice
Maryland Electric Choice website

How to Get Started

Find Your Account Info

  • Locate your utility account number
  • Review your current rate (cents per kWh)
  • Check your average monthly usage

Compare Rates

  • Visit MDElectricChoice.com
  • Enter your ZIP code
  • Review available fixed and variable rate plans
  • Compare renewable energy options

Choose a Supplier

  • Review contract terms carefully
  • Confirm contract length
  • Check for early termination fees
  • Verify billing options

Important Considerations

  • Fixed vs. variable rates
  • Contract length (typically 12-36 months)
  • Renewable energy percentages
  • Enrollment and cancellation fees
  • Automatic renewal terms

Consumer Protections

  • 3-day rescission period
  • Clear contract terms required
  • Regulated by Maryland Public Service Commission
  • Right to return to utility standard service

Remember: Your utility continues handling power delivery and outages regardless of your chosen supplier. Making the switch won't interrupt your service.

Currents is your trusted energy advisor.

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