Table of Contents
- What to know aboout electricity rates in Cavetown CDP, Maryland
- Best Cavetown CDP, MD electricity rates
- Average cost of electricity in Cavetown CDP, Maryland
- Best electricity plans in Cavetown CDP
- Business electricity rates in Cavetown CDP, Maryland
- Best commercial electricity plans in Cavetown CDP
- How to switch Cavetown CDP, Maryland electricity companies
- How deregulated electricity works in Cavetown CDP
- Types of electricity plans in Cavetown CDP, Maryland
- Compare Cavetown CDP electricity rates
- Cavetown CDP, Maryland electricity rate FAQs
What to know about electricity rates in Cavetown CDP, MD
- Cavetown CDP residents pay 11.81 cents per kWh while the average national rate is 16.22 cents
- The cheapest electricity rate is 15.38 cents per kWh for Cavetown CDP residents
- You can shop rates from 1 available providers in Cavetown CDP
Best Cavetown CDP, MD electricity rates
In the city of Cavetown CDP, you can find electricity rates that range from 15.38 cents to 15.38 cents per kWh. The best electricity plans in Cavetown CDP for you depend on how much power you use and when you use it. Comparing companies is the best way to find better rates. Below are some rates from popular electric companies in Cavetown CDP.
What is the cheapest electricity company in Cavetown CDP, MD?
Provider | Service | Rate (¢/kWh) |
---|---|---|
Potomac Edison | Bundled | 14.36 |
Because Maryland has a deregulated electricity market, Cavetown CDP residents have the flexibility to shop around for a cheaper electricity bill. Many states don’t offer this choice. If you’re looking to reduce your energy bill, consider switching to a different provider or plan. Cavetown CDP electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.
Average cost of electricity in Cavetown CDP, Maryland
According to our data, the average electricity rate in Cavetown CDP is 11.81 cents per kWh. This equates to an average residential bill of $133.19 per month. Our data also shows the average resident in Cavetown CDP uses 1,127 kWh per month. Below, you can see how Cavetown CDP's electricity rates compare to the averages in Maryland and the United States.
Rate | Usage | Bill | |
---|---|---|---|
Cavetown CDP Average | 11.81¢ | 1,127 kWh | $133.19 |
Maryland Average | 18.10¢ | 1,418 kWh | $167.55 |
United States Average | 16.22¢ | 884 kWh | $143.38 |
Since the average price is 11.81 cents per kWh or $133.19 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Cavetown CDP, Maryland depend on your home size and usage, so the kWh rate is more useful when comparing your rate to the average.
Best electricity plans
We've analyzed the prices, terms, and conditions of popular Cavetown CDP electricity plans. Below are our picks for the best residential plans in the state.
Provider | Contract Term | Rate | Plan |
---|---|---|---|
12 months | 8.35¢/kWh | See Plan | |
24 months | 8.69¢/kWh | See Plan | |
12 months | 8.80¢/kWh | See Plan | |
12 months | 9.09¢/kWh | See Plan | |
18 months | 9.19¢/kWh | See Plan | |
24 months | 9.20¢/kWh | See Plan | |
24 months | 9.39¢/kWh | See Plan | |
12 months | 9.65¢/kWh | See Plan | |
36 months | 9.68¢/kWh | See Plan | |
12 months | 9.90¢/kWh | See Plan | |
24 months | 10.05¢/kWh | See Plan | |
12 months | 10.09¢/kWh | See Plan | |
12 months | 10.10¢/kWh | See Plan | |
18 months | 10.29¢/kWh | See Plan | |
12 months | 10.30¢/kWh | See Plan | |
24 months | 10.35¢/kWh | See Plan | |
12 months | 10.42¢/kWh | See Plan | |
12 months | 10.49¢/kWh | See Plan | |
24 months | 10.49¢/kWh | See Plan | |
24 months | 10.50¢/kWh | See Plan | |
12 months | 10.59¢/kWh | See Plan | |
18 months | 10.69¢/kWh | See Plan | |
24 months | 10.79¢/kWh | See Plan | |
12 months | 10.80¢/kWh | See Plan | |
24 months | 10.80¢/kWh | See Plan | |
24 months | 10.89¢/kWh | See Plan | |
24 months | 10.99¢/kWh | See Plan | |
36 months | 10.99¢/kWh | See Plan | |
24 months | 11.30¢/kWh | See Plan | |
36 months | 11.39¢/kWh | See Plan | |
36 months | 11.59¢/kWh | See Plan | |
36 months | 11.89¢/kWh | See Plan | |
36 months | 12.39¢/kWh | See Plan | |
24 months | 12.49¢/kWh | See Plan | |
24 months | 12.59¢/kWh | See Plan | |
36 months | 13.39¢/kWh | See Plan | |
36 months | 13.89¢/kWh | See Plan | |
24 months | 13.99¢/kWh | See Plan | |
24 months | 14.09¢/kWh | See Plan | |
36 months | 16.09¢/kWh | See Plan | |
24 months | 16.29¢/kWh | See Plan | |
36 months | 17.59¢/kWh | See Plan | |
24 months | 17.79¢/kWh | See Plan | |
24 months | 68.0¢/kWh | See Plan | |
12 months | 68.9¢/kWh | See Plan | |
12 months | 69.8¢/kWh | See Plan | |
24 months | 70.3¢/kWh | See Plan | |
24 months | 77.0¢/kWh | See Plan | |
12 months | 77.9¢/kWh | See Plan | |
12 months | 78.8¢/kWh | See Plan | |
24 months | 79.3¢/kWh | See Plan | |
36 months | 97.9¢/kWh | See Plan | |
36 months | $1.13/kWh | See Plan | |
24 months | $1.20/kWh | See Plan | |
24 months | $1.35/kWh | See Plan | |
See All Plans |
Compare Cavetown CDP electricity providers
There are 1 electricity providers in Cavetown CDP, MD. While some providers only serve specific areas, you have multiple options for electricity wherever you are. Different providers can offer different specials, plan types, and sales throughout the year. However, always read the fine print of the energy plans you consider to avoid hidden penalties.
Residential Electricity Providers in Cavetown CDP
Provider | Service Type | Rate (¢/kWh) | Bill |
---|---|---|---|
Potomac Edison | Bundled | 14.36 | $161.29 |
Business electricity rates in Cavetown CDP, MD
Commercial rates are typically cheaper than residential rates in Cavetown CDP, Maryland because businesses consume a lot of energy. This means they get a volume discount on electricity. Think about how much power a corner store might use to run HVAC, refrigeration, security systems, lighting, and computers. It adds up. Our data shows the average business in Cavetown CDP pays 20.34 cents per kWh for electricity and has an average bill of $46,213 per month. They also use 2,272 kWh per month, which is a big increase from the residential average of 1,127 kWh.
Rate | Usage | Bill | |
---|---|---|---|
Cavetown CDP Average | 20.34¢ | 2,272 kWh | $462.13 |
Maryland Average | 15.25¢ | 3,468 kWh | $528.97 |
United States Average | 12.14¢ | 5,654 kWh | $686.54 |
Finding ways to reduce overhead costs is essential as a business owner. You have the opportunity to do that in a deregulated electricity market. Even reducing your electricity by one or two cents per kWh can make a huge difference when you have a high monthly bill. Compare commercial electricity rates to find the plan that makes the most sense for your business.
Best commercial electricity plans
Below are the top commercial electricity plans in Cavetown CDP, Maryland.
Provider | Contract Term | Rate | Plan |
---|---|---|---|
3 months | 6.718¢/kWh | See Plan | |
4 months | 6.759¢/kWh | See Plan | |
2 months | 6.922¢/kWh | See Plan | |
3 months | 6.969¢/kWh | See Plan | |
4 months | 7.013¢/kWh | See Plan | |
3 months | 7.019¢/kWh | See Plan | |
5 months | 7.068¢/kWh | See Plan | |
4 months | 7.071¢/kWh | See Plan | |
1 months | 7.139¢/kWh | See Plan | |
2 months | 7.141¢/kWh | See Plan | |
2 months | 7.158¢/kWh | See Plan | |
5 months | 7.300¢/kWh | See Plan | |
1 months | 7.321¢/kWh | See Plan | |
1 months | 7.332¢/kWh | See Plan | |
5 months | 7.341¢/kWh | See Plan | |
16 months | 7.741¢/kWh | See Plan | |
12 months | 7.752¢/kWh | See Plan | |
3 months | 7.757¢/kWh | See Plan | |
3 months | 7.759¢/kWh | See Plan | |
15 months | 7.769¢/kWh | See Plan | |
4 months | 7.771¢/kWh | See Plan | |
4 months | 7.781¢/kWh | See Plan | |
17 months | 7.782¢/kWh | See Plan | |
11 months | 7.786¢/kWh | See Plan | |
6 months | 7.812¢/kWh | See Plan | |
14 months | 7.830¢/kWh | See Plan | |
10 months | 7.844¢/kWh | See Plan | |
12 months | 7.855¢/kWh | See Plan | |
13 months | 7.865¢/kWh | See Plan | |
2 months | 7.878¢/kWh | See Plan | |
2 months | 7.908¢/kWh | See Plan | |
9 months | 7.921¢/kWh | See Plan | |
16 months | 7.926¢/kWh | See Plan | |
11 months | 7.928¢/kWh | See Plan | |
3 months | 7.930¢/kWh | See Plan | |
4 months | 7.935¢/kWh | See Plan | |
15 months | 7.942¢/kWh | See Plan | |
18 months | 7.945¢/kWh | See Plan | |
18 months | 7.952¢/kWh | See Plan | |
17 months | 7.962¢/kWh | See Plan | |
4 months | 7.969¢/kWh | See Plan | |
23 months | 7.983¢/kWh | See Plan | |
22 months | 7.985¢/kWh | See Plan | |
14 months | 7.988¢/kWh | See Plan | |
10 months | 7.997¢/kWh | See Plan | |
12 months | 8.000¢/kWh | See Plan | |
21 months | 8.013¢/kWh | See Plan | |
13 months | 8.016¢/kWh | See Plan | |
4 months | 8.020¢/kWh | See Plan | |
12 months | 8.023¢/kWh | See Plan | |
1 months | 8.026¢/kWh | See Plan | |
3 months | 8.026¢/kWh | See Plan | |
6 months | 8.034¢/kWh | See Plan | |
5 months | 8.037¢/kWh | See Plan | |
16 months | 8.038¢/kWh | See Plan | |
8 months | 8.048¢/kWh | See Plan | |
11 months | 8.048¢/kWh | See Plan | |
24 months | 8.049¢/kWh | See Plan | |
1 months | 8.050¢/kWh | See Plan | |
15 months | 8.056¢/kWh | See Plan | |
20 months | 8.056¢/kWh | See Plan | |
12 months | 8.059¢/kWh | See Plan | |
5 months | 8.059¢/kWh | See Plan | |
28 months | 8.059¢/kWh | See Plan | |
3 months | 8.060¢/kWh | See Plan | |
27 months | 8.067¢/kWh | See Plan | |
19 months | 8.071¢/kWh | See Plan | |
17 months | 8.076¢/kWh | See Plan | |
26 months | 8.089¢/kWh | See Plan | |
25 months | 8.090¢/kWh | See Plan | |
29 months | 8.096¢/kWh | See Plan | |
2 months | 8.099¢/kWh | See Plan | |
6 months | 8.099¢/kWh | See Plan | |
24 months | 8.106¢/kWh | See Plan | |
9 months | 8.107¢/kWh | See Plan | |
14 months | 8.107¢/kWh | See Plan | |
10 months | 8.117¢/kWh | See Plan | |
12 months | 8.118¢/kWh | See Plan | |
7 months | 8.126¢/kWh | See Plan | |
18 months | 8.126¢/kWh | See Plan | |
23 months | 8.128¢/kWh | See Plan | |
22 months | 8.133¢/kWh | See Plan | |
12 months | 8.135¢/kWh | See Plan | |
13 months | 8.145¢/kWh | See Plan | |
21 months | 8.171¢/kWh | See Plan | |
9 months | 8.181¢/kWh | See Plan | |
5 months | 8.188¢/kWh | See Plan | |
2 months | 8.193¢/kWh | See Plan | |
24 months | 8.195¢/kWh | See Plan | |
5 months | 8.196¢/kWh | See Plan | |
30 months | 8.200¢/kWh | See Plan | |
18 months | 8.227¢/kWh | See Plan | |
20 months | 8.229¢/kWh | See Plan | |
27 months | 8.229¢/kWh | See Plan | |
28 months | 8.229¢/kWh | See Plan | |
18 months | 8.231¢/kWh | See Plan | |
25 months | 8.239¢/kWh | See Plan | |
18 months | 8.241¢/kWh | See Plan | |
6 months | 8.242¢/kWh | See Plan | |
26 months | 8.242¢/kWh | See Plan | |
See All Plans |
How to switch your Cavetown CDP electricity provider
Since Maryland's Electric Customer Choice and Competition Act passed in 1999, residents have gained the power to choose their electricity supplier rather than being locked into their local utility company.
Switching your electricity provider involves five straightforward steps:
- Compare rates from multiple suppliers using resources like MD Electric Choice website
- Select a plan that matches your needs (fixed-rate, variable-rate, or renewable)
- Enroll with your chosen supplier, who'll manage the change
- Review and confirm the written agreement from your supplier
- Wait 1-2 billing cycles for plan activation
You'll need to provide at least 72 hours notice for any service changes, and your local utility company will continue handling power distribution and infrastructure.
Best time to switch electric companies in Cavetown CDP, Maryland?
Timing your switch to a new energy provider in Cavetown CDP can considerably impact your potential savings and service experience.
Your best opportunities to switch include:
- Before peak seasons (summer/winter) to lock in better rates
- During your contract renewal period to avoid rate increases
- When market prices show favorable trends
- Outside extreme weather periods when rates tend to spike
Cavetown CDP's deregulated electricity market
The state's 1999 Electric Customer Choice and Competition Act divided the electricity industry into three segments:
- Generation: Multiple companies compete to produce power
- Transmission: High-voltage lines regulated by federal authorities
- Distribution: Local utilities maintain power lines to your home
Under this system, you can choose your electricity supplier while your local utility continues delivering power through their infrastructure.
When you don't select a retail supplier, you'll receive Standard Offer Service (SOS) from your utility at regulated rates.
Types of electricity plans in Cavetown CDP, MD
You have four main types of plans when choosing an electricity plan in Cavetown CDP's deregulated market.
Fixed-rate plans offer stable pricing throughout your contract term, making budgeting easier and typically providing the most cost-effective option.
Variable-rate plans allow suppliers to adjust prices at their discretion, offering flexibility but less predictability.
If you prefer to manage costs upfront, prepaid plans let you purchase electricity in advance, though you'll need to monitor usage carefully.
For environmentally conscious consumers, renewable energy plans match your usage with Renewable Energy Certificates, with options ranging from 25% to 100% clean energy sources.
Compare Cavetown CDP electricity rates
Compare Cavetown CDP electricity rates to save money and avoid overpaying in the deregulated market. Bills can vary greatly, with rates between 15 to 15 cents per kWh across different providers and plan structures. Take the time to read the fine print and do the math to figure out which is your best option.
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Cavetown CDP, MD electricity rate FAQs
What is a good rate per kWh in Cavetown CDP?
In Cavetown CDP, Maryland, a good electricity rate falls between 11 cents to 13 cents per kWh. Tired of high bills? Shop during spring and fall to lock in lower prices before HVAC use spikes in the summer or winter.
What are electric rates in Cavetown CDP today?
Cavetown CDP electricity rates currently average 11.81 cents per kWh, but you'll likely pay between 10 to 14 cents depending on your provider, location, and plan type.
Why is electricity so expensive in Cavetown CDP, MD right now?
Your Cavetown CDP electricity costs can rise due to power plant closures and grid challenges. Customers pay extra because of PJM auction price spikes, transmission limitations, and clean energy program fees.
Will electricity get cheaper in the future?
Electricity rates fluctuate due to energy demand, fuel costs, grid infrastructure, and regulatory policies. While short-term declines may occur, long-term trends often show increases due to inflation, grid modernization, and shifts to renewable energy.