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Pepco in Maryland: rates, bills and the 2026 increase

Pepco's 531,090 default-service customers in Maryland paid an average of 21.74¢ per kWh in 2025, for an average bill of $181.58 a month on 835 kWh.1 Over the last 12 months (Sep 2025–Aug 2026) the average was 23.35¢, and 25.76¢ in August 2026.2 Another 27,719 homes on its wires (5.0%) buy their supply elsewhere and pay Pepco delivery charges averaging 9.21¢ per kWh, plus their supplier's price.

EIA-861 2025 final (released October 7, 2026) and EIA's monthly utility survey through August 2026 (preliminary); next monthly update expected November 24, 2026. Averages are revenue divided by kWh, all charges included: not the rate printed in a tariff.

2 of 24 Maryland counties served (EIA-861 2025)

In Montgomery and Prince George's counties, Pepco's Standard Offer Service customers averaged 21.74¢ per kWh1 in 2025 and 23.35¢ per kWh across the last 12 months. In August 20263 the figure hit 25.76¢ per kWh, ahead of Delmarva Power (23.00¢ per kWh) and BGE (21.71¢ per kWh2), while Pepco's outage minutes stayed well under the Maryland average.

Pepco's price per kWh in Maryland, by period

Potomac Electric Power Company, an Exelon utility, has 558,809 residential customers on its Maryland wires, 22.7% of the state total; only BGE has more. Most of them, 531,0901 in 2025, also take Standard Offer Service, Pepco's default supply for anyone who has not signed with a supplier. Every price in this section refers to that group.

PeriodPepco Maryland, Standard Offer Service homesSource
2025 (full year, final)21.74¢ per kWh1EIA-861
Last 12 months (September 2025 to August 2026)23.35¢ per kWhEIA-861M, 2026 months preliminary
August 20263 (one month, preliminary)25.76¢ per kWh2EIA-861M

All three are averages of revenue per kWh: Pepco's residential billing for delivery, supply, the monthly customer charge and riders, spread over the kWh sold, without most taxes. None is a tariff rate. A household using fewer kWh than average sees a higher figure on its own bill, because the fixed charge is spread over less energy.

In 2025 Pepco's average was 2nd highest among the 7 Maryland utilities with at least 10,000 Standard Offer Service homes, a fraction behind Delmarva Power (21.81¢ per kWh). That put it 11.3% above the Maryland average, 22.3% above the national average for investor-owned utilities and 27th highest of 1771 large US utilities. Since then Pepco has moved ahead: 23.35¢ per kWh for September 2025 to August 2026, against 22.68¢ per kWh at Delmarva Power and 22.26¢ per kWh2 at BGE.

Pepco: residential price each month, Jan 2025 to Aug 2026
Pepco: residential price each month, Jan 2025 to Aug 202615¢20¢25¢20252026

Source: EIA-861M monthly sales and revenue by utility; EIA, Electric Power Monthly / EIA-861M sales and revenue by state. Residential revenue divided by kWh in each month, as reported to EIA's monthly survey (EIA-861M; months since January 2026 preliminary). Bundled (default-service) customers only.

Show the numbers
MonthPepco (¢/kWh)kWh per customerBill per customer
January 202519.56¢1,179$230.58
February 202519.58¢949$185.90
March 202520.39¢768$156.55
April 202520.64¢633$130.66
May 202520.25¢653$132.24
June 202524.70¢776$191.82
July 202522.87¢1,140$260.61
August 202523.56¢881$207.42
September 202524.05¢778$187.20
October 202524.58¢582$142.97
November 202520.21¢656$132.53
December 202521.14¢1,045$220.85
January 202622.21¢1,089$241.74
February 202621.84¢997$217.74
March 202622.39¢795$178.01
April 202622.45¢618$138.77
May 202622.37¢636$142.33
June 202627.22¢809$220.07
July 202625.45¢1,075$273.64
August 202625.76¢988$254.49

Rate increases: 2025, 2026 and the August decision

Pepco's annual average went from 20.08¢ per kWh in 2024 to 21.74¢ per kWh in 2025, a rise of 8.3%. Monthly use per home hardly moved (830 kWh4, then 835 kWh), so the bill grew almost in step: +9.0%, to $181.581. In August 2026 Pepco's average stood +9.3%2 above August 2025, while Maryland's residential average for that month was up 7.6%3.

Pepco's distribution charges in Maryland follow three recent orders of the Maryland Public Service Commission:

  • June 2024: an increase smaller than Pepco asked for, with its proposed multi-year plan approved for the first rate year only.
  • March 2026: part of Pepco's request to true up costs from the last year of its first multi-year plan, billed from April 1, 2026 to March 31, 2027.
  • August 28, 2026: the decision on the base rate case filed in October 2025, granting less than half of the revenue Pepco sought, with rates in force the same day.

The August order took effect in the last days of the latest month EIA has published, so the monthly figures almost entirely reflect the earlier distribution rates. The supply side changes on its own schedule; according to the Commission, Standard Offer Service power is bought from wholesale suppliers through competitive bids it supervises, within the PJM1 regional market. The guide to rate cases walks through how each kind of change reaches a bill.

Same company, different bills across the DC line

Pepco also serves the District of Columbia, under the District's own regulator, which makes it a useful comparison. Per kWh, the two groups of Standard Offer Service homes paid similar averages in 2025, 21.74¢ per kWh in Maryland and 20.77¢ per kWh in DC, and similar ones for September 2025 to August 2026, 23.35¢ per kWh and 23.17¢ per kWh2. They got there differently: the DC average rose 25.3% from 2024 to 2025, the Maryland one 8.3%1.

Consumption sets the bills apart. A Pepco home in Maryland used 835 kWh a month in 2025, one in DC 593 kWh, and the bills followed: $181.58 against $123.11. Use also explains the order inside Maryland. BGE homes used 878 kWh and Delmarva Power homes 981 kWh, more than Pepco's, so Pepco's bill landed between BGE's $177.19 and Delmarva's $214.051 even with a higher price per kWh than BGE.

Average monthly residential bill, Pepco in Maryland and DC and other large Maryland utilities, 2025

Source: EIA-861 annual electric power industry report, 2025 final. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.

Show the numbers
Utilityaverage monthly residential bill
Pepco (DC)$123.11
Potomac Edison (MD)$172.04
BGE (MD)$177.19
Pepco (MD)$181.58
SMECO (MD)$192.34
Delmarva Power (MD)$214.05

January, not August, is the heaviest month

Pepco's Maryland customers draw the most power in winter. Across September 2025 to August 2026, monthly use per home went from a low of 582 kWh (October 2025) to a high of 1,089 kWh (January 2026), with average bills of $142.97 and $241.74. In DC, Pepco's homes reached their high in July 2026 instead, at 772 kWh. The 12-month average bill of $196.052 therefore understates what a Maryland Pepco household pays in midwinter.

Pepco: average residential use and bill by month

Source: EIA-861M monthly sales and revenue by utility. kWh per residential customer in each month (EIA-861M; months since January 2026 preliminary). The table adds the average bill and price for the month.

Show the numbers
MonthkWh per customerBill per customer¢/kWh
September 2025778$187.2024.05¢
October 2025582$142.9724.58¢
November 2025656$132.5320.21¢
December 20251,045$220.8521.14¢
January 20261,089$241.7422.21¢
February 2026997$217.7421.84¢
March 2026795$178.0122.39¢
April 2026618$138.7722.45¢
May 2026636$142.3322.37¢
June 2026809$220.0727.22¢
July 20261,075$273.6425.45¢
August 2026988$254.4925.76¢

Where Pepco delivers in Maryland

EIA's service-territory file places Pepco in 2 Maryland counties, Montgomery County and Prince George's County5, and records other distribution utilities in each of them too. Which company serves a given street is settled by Pepco's own service map, not by the county or ZIP code, and Pepco's averages describe its customers, not any town.

Counties where Pepco reports customers in Maryland
Counties where Pepco reports customers in MarylandAllegany County: not served by PepcoAnne Arundel County: not served by PepcoBaltimore County: not served by PepcoCalvert County: not served by PepcoCaroline County: not served by PepcoCarroll County: not served by PepcoCecil County: not served by PepcoCharles County: not served by PepcoDorchester County: not served by PepcoFrederick County: not served by PepcoGarrett County: not served by PepcoHarford County: not served by PepcoHoward County: not served by PepcoKent County: not served by PepcoMontgomery County: Pepco reports service, with 2 other utilitiesPrince George's County: Pepco reports service, with 2 other utilitiesQueen Anne's County: not served by PepcoSt. Mary's County: not served by PepcoSomerset County: not served by PepcoTalbot County: not served by PepcoWashington County: not served by PepcoWicomico County: not served by PepcoWorcester County: not served by PepcoBaltimore city: not served by Pepco

Source: EIA-861 2025, service territory; Census Bureau, Cartographic boundary file, counties. EIA-861 2025 service territory: 2 counties. Counts whole counties even where the utility serves only part of one; check the utility's own service-area map for an address.

Show the numbers
CountyOther utilities reporting service
Montgomery CountyBGE, Potomac Edison
Prince George's CountyBGE, SMECO

Delivery charges for supplier customers

In EIA's 2025 survey, 27,719 Pepco homes in Maryland (5.0% of residential customers) had a licensed supplier, compared with 6.3% at BGE and 10.2% at Pepco in DC. The Maryland side has changed quickly since: the state Public Service Commission's enrollment reports show residential supplier participation across Maryland's investor-owned utilities and SMECO falling from 11.6% in December 2024 to 0.46% in December 2025 and 0.08% in September 20267. Their power still arrives over Pepco's lines, and Pepco charges them for that. Pepco's delivery-only revenue from these homes averaged 9.21¢ per kWh in 2025 (+2.7% on 8.97¢ per kWh4), about $73.31 a month for 796 kWh. Delmarva Power's delivery-only average was 9.06¢ per kWh and BGE's 7.40¢ per kWh1.

Supplier charges are billed in addition and do not appear in Pepco's EIA data. Across Maryland, homes with a supplier paid 13.27¢ per kWh1 on average for supply in 2025: a historical average over every contract, not a current offer. Delivery-only, supply-only and Standard Offer Service averages each describe a different group of customers and a different part of the bill, so they are listed separately and never summed. Switching is covered in retail choice in Maryland.

Peak-day credits and rooftop solar

Pepco reported 395,081 Maryland residential customers in a time-varying program in 2025, 70.7% of homes on its wires. EIA lists the program as critical peak rebates: households keep their normal rate and earn a credit when they reduce use during called peak events; there is no surcharge for using power then. Pepco's advanced meters (99.8%8 of residential meters) make the measurement possible. How such rebates differ from time-of-use pricing is explained in the time-of-use guide.

Pepco's Maryland territory has the densest rooftop solar of the state's large utilities in EIA's count: 39,736 net-metered residential systems totalling 329.4 megawatts, 71.1 per 1,000 customers. SMECO had 58.2 per 1,000 and BGE 42.78.

Fewer outage minutes than the state average

Including major events, a Pepco customer in Maryland was without power for 104 minutes on average in 2025, fewer than the Maryland average of 184 minutes; excluding them, 54 minutes, where the state figure was 80 minutes. The average customer had 0.74 interruptions over the year, measured under IEEE 1366. On the same all-events basis, Delmarva Power recorded 114 minutes, BGE 175 minutes and Potomac Edison 399 minutes9.

Minutes without power per customer, including major events, 2025

Source: EIA-861 2025, reliability. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.

Show the numbers
Utilityoutage minutes per customer (all events)
Pepco (MD)104
Delmarva Power (MD)114
SMECO (MD)173
BGE (MD)175
Potomac Edison (MD)399

Businesses, and where to find bill help

Commercial accounts on Pepco's Maryland system averaged 16.49¢ per kWh in 2025, below the 21.74¢ per kWh of Standard Offer Service homes; Pepco's Maryland average over every class of customer was 20.58¢ per kWh1. For households struggling with bills, Maryland received $84.8 million10 in federal LIHEAP funds for fiscal 2026, and our guide to help with electric bills covers the assistance programs.

Pepco Maryland questions

What is Pepco's rate per kWh in Maryland?

Pepco's tariff has no single rate: it combines a customer charge, distribution charges and a Standard Offer Service supply charge. Spread over every kWh sold to residential Standard Offer Service customers, those charges came to 21.74¢ per kWh1 on average in 2025 and 23.35¢ per kWh2 for September 2025 to August 2026 (2026 months preliminary). Homes that buy supply from a licensed supplier are excluded from both figures.

What is the average Pepco bill in Maryland?

$181.58 a month in 2025 for 835 kWh1, against $166.634 in 2024. EIA's monthly sample puts the figure for September 2025 to August 2026 at $196.05; the costliest month, July 2026, averaged $273.642.

Is Pepco raising rates in 2026?

Yes. On August 28, 2026 the Maryland Public Service Commission set new Pepco distribution rates, effective that day, allowing less than half of the increase Pepco sought in its October 2025 filing. A separate reconciliation charge from Pepco's earlier multi-year plan applies from April 2026 to March 2027. EIA's figures stop before the new distribution rates; they show 25.76¢ per kWh for August 20263, +9.3%2 on August 2025 (preliminary).

Is Pepco cheaper in Maryland or in DC?

Per kWh, the 2025 averages were close: 21.74¢ per kWh in Maryland, 20.77¢ per kWh in the District. Monthly bills were far apart because Maryland homes used 835 kWh and DC homes 593 kWh: $181.58 against $123.111. Each jurisdiction has its own commission and tariff.

Related pages

Sources

  1. EIA-861 annual electric power industry report, 2025 final; table Sales_Ult_Cust_2025; 2025, final; released October 7, 2026. www.eia.gov
  2. EIA-861M monthly sales and revenue by utility; table sales_ult_cust_2025 and _2026; released October 23, 2026. www.eia.gov
  3. EIA, Electric Power Monthly / EIA-861M sales and revenue by state; table sales_revenue.xlsx (EPM Table 5.6.A); January 2001 to 2026-08; months since January 2026 preliminary; released October 23, 2026. www.eia.gov
  4. EIA-861 annual electric power industry report, 2024 final; table Sales_Ult_Cust_2024; 2024, final (file updated December 3, 2025); released December 3, 2025. www.eia.gov
  5. EIA-861 2025, service territory; table Service_Territory_2025; 2025, final; released October 7, 2026. www.eia.gov
  6. Census Bureau, Cartographic boundary file, counties; table cb_2025_us_county_5m; cb_2021_us_county_5m; 2025 (2021 for Connecticut). www.census.gov
  7. Maryland PSC, Electric Choice Enrollment monthly reports; September 2026. psc.maryland.gov
  8. EIA-861 2025, advanced meters, dynamic pricing and net metering; table Advanced_Meters, Dynamic_Pricing, Net_Metering 2025; 2025, final; released October 7, 2026. www.eia.gov
  9. EIA-861 2025, reliability; table Reliability_2025; 2025, final; released October 7, 2026. www.eia.gov
  10. HHS, LIHEAP funding releases to states; table FY2027 first release; FY2026 final; FY2027 first release (October 9, 2026); FY2026 total; released October 9, 2026. acf.gov

How every figure is built: methodology. Found an error? Write to [email protected]; corrections are listed on the updates page.