Table of Contents
- What to know aboout electricity rates in Princess Anne, Maryland
- Best Princess Anne, MD electricity rates
- Average cost of electricity in Princess Anne, Maryland
- Best electricity plans in Princess Anne
- Business electricity rates in Princess Anne, Maryland
- Best commercial electricity plans in Princess Anne
- How to switch Princess Anne, Maryland electricity companies
- How deregulated electricity works in Princess Anne
- Types of electricity plans in Princess Anne, Maryland
- Compare Princess Anne electricity rates
- Princess Anne, Maryland electricity rate FAQs
What to know about electricity rates in Princess Anne, MD
- Princess Anne residents pay 17.30 cents per kWh while the average national rate is 16.22 cents
- The cheapest electricity rate is 16.71 cents per kWh for Princess Anne residents
- You can shop rates from 2 available providers in Princess Anne
Best Princess Anne, MD electricity rates
In the city of Princess Anne, you can find electricity rates that range from 16.71 cents to 22.64 cents per kWh. The best electricity plans in Princess Anne 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 Princess Anne.
What is the cheapest electricity company in Princess Anne, MD?
Provider | Service | Rate (¢/kWh) |
---|---|---|
Choptank Electric Cooperative | Bundled | 16.77 |
Delmarva Power | Bundled | 20.83 |
Because Maryland has a deregulated electricity market, Princess Anne 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. Princess Anne electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.
Average cost of electricity in Princess Anne, Maryland
According to our data, the average electricity rate in Princess Anne is 17.30 cents per kWh. This equates to an average residential bill of $169.08 per month. Our data also shows the average resident in Princess Anne uses 977 kWh per month. Below, you can see how Princess Anne's electricity rates compare to the averages in Maryland and the United States.
Rate | Usage | Bill | |
---|---|---|---|
Princess Anne Average | 17.30¢ | 977 kWh | $169.08 |
Maryland Average | 18.10¢ | 969 kWh | $167.55 |
United States Average | 16.22¢ | 884 kWh | $143.38 |
Since the average price is 17.30 cents per kWh or $169.08 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Princess Anne, 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 Princess Anne 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 Princess Anne electricity providers
There are 2 electricity providers in Princess Anne, 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 Princess Anne
Provider | Service Type | Rate (¢/kWh) | Bill |
---|---|---|---|
Choptank Electric Cooperative | Bundled | 16.77 | $206.00 |
Delmarva Power | Bundled | 20.83 | $204.20 |
Business electricity rates in Princess Anne, MD
Commercial rates are typically cheaper than residential rates in Princess Anne, 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 Princess Anne pays 29.65 cents per kWh for electricity and has an average bill of $61,930 per month. They also use 2,089 kWh per month, which is a big increase from the residential average of 977 kWh.
Rate | Usage | Bill | |
---|---|---|---|
Princess Anne Average | 29.65¢ | 2,089 kWh | $619.30 |
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 Princess Anne, 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 Princess Anne 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 Princess Anne, Maryland?
Timing your switch to a new energy provider in Princess Anne 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
Princess Anne'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 Princess Anne, MD
You have four main types of plans when choosing an electricity plan in Princess Anne'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 Princess Anne electricity rates
Compare Princess Anne electricity rates to save money and avoid overpaying in the deregulated market. Bills can vary greatly, with rates between 17 to 23 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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Princess Anne, MD electricity rate FAQs
What is a good rate per kWh in Princess Anne?
In Princess Anne, Maryland, a good electricity rate falls between 16 cents to 18 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 Princess Anne today?
Princess Anne electricity rates currently average 17.30 cents per kWh, but you'll likely pay between 15 to 19 cents depending on your provider, location, and plan type.
Why is electricity so expensive in Princess Anne, MD right now?
Your Princess Anne 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.