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Maryland (MD) electricity and natural gas rates

Electricity

21.41¢

per kWh

Natural gas

$2.34

per therm

Gas and electricity in the same unit

A therm is 29.3 kilowatt hours of energy, so Maryland's gas works out at 7.97¢ per kWh against 21.41¢ for electricity.

That compares the energy you buy, not the heat you get. A furnace throws away a fifth of every therm up the flue, while a heat pump delivers two to three times the heat in a kilowatt hour — so the cheaper unit here is not automatically the cheaper way to heat a house.

Residential sector, US Energy Information Administration, 2026-07. Updated monthly.

How Maryland compares

At 21.41¢ per kWh, Maryland is above the national average of 19.26¢, making it the 37th cheapest of the 51 states we track.

What a typical Maryland household uses

Electricity a month

945 kWh

Bill a month

$209

Households in Maryland use 10% more electricity than the national average and pay 39% more than average. Both push the same way, which is the expensive combination: heavy use meeting a rate of 21.41¢. The climate is fairly balanced — 4,600 heating degree days against 1,300 cooling ones — so neither season dominates the bill.

More on this: the average electric bill in Maryland, including how far it swings between seasons.

Averaged over twelve months across 2,487,329 residential accounts in Maryland. Source: EIA.

What this means for heating

Maryland sees around 95 freezing nights a year. Whether a heat pump beats a furnace here depends on the gap between those two prices above — not on the equipment.

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