Maryland energy costs don’t have to cut into your company’s bottom line. With Great Energy 1 expert guidance, your business can explore competitive electricity rates and customized supply plans built around your usage and goals. We compare trusted suppliers across Maryland to help you secure a low, stable rate that aligns with your budget and contract preferences. Whether you operate a small storefront or manage multiple commercial locations, our team simplifies the process and helps you uncover meaningful savings. Discover how much your Maryland business could save with a tailored electricity solution today.
What Are the Latest Business Electric Rates?
As of July 2025, the average electricity rate in Maryland is 15.14¢ per kilowatt-hour. Energy prices have been rising across many states, and Maryland is no different. That’s why working with Great Energy 1 matters. We help your business find lower rates and plans designed for your needs.
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What Are the Latest Natural Gas Rates?
The average natural gas rate in Maryland is $ per Mcf. Natural gas prices can change with market demand, weather, and supply conditions, which may affect your monthly energy costs. With rising prices, comparing supplier options and securing a competitive plan helps your business manage energy spending. Great Energy 1 reviews your usage and budget to find the best natural gas rates for your company.
Switch to the Cheapest Energy Suppliers
Our experienced energy brokers make switching electricity suppliers easy for your Maryland business. With tailored plan recommendations and expert guidance, securing a lower rate is simple.
Tell Us About Your Business
Share a few key details like your business address, contact information, and a recent monthly bill. This helps us analyze your usage and identify the best opportunities for savings.
Compare Your Energy Options
We provide a customized quote with competitive energy plans available in Maryland. You’ll receive clear options designed around your usage, budget, and contract preferences.
Lock in Your Savings
Choose the plan that fits your needs and sign your contract. Our team handles the transition to ensure a smooth switch so you can start saving without disruption to your operations.
Empowering Businesses Across Maryland
No matter where your business is located in Maryland, we help you save on electricity and natural gas. Whether you operate a busy restaurant in Baltimore, a tech company in Annapolis, or a manufacturing facility in Columbia, our experts compare top energy plans in your area. We create solutions tailored to your business size, energy usage, and budget. With our guidance, your company can secure the best rates, reduce monthly costs, and enjoy long-term energy savings.
Experience the Advantages of Working with Great Energy 1
Our commitment goes beyond securing a competitive rate. From your first consultation through contract renewal, we provide consistent guidance to help your Maryland business maintain stability and long-term savings with our energy strategies.
Cost-Effective Energy Rates
We analyze your historical usage and leverage our trusted supplier network to secure competitive Maryland electricity rates aligned with your operational needs.
Solutions Designed Around You
Every business is different. That’s why we build customized energy plans tailored to your budget, risk tolerance, and long-term goals, no matter your company’s size or industry.
Proactive Energy Management
Energy markets constantly change. Our experienced team provides ongoing support, contract monitoring, and real-time market insights to help you make informed energy decisions year-round.
Low-Risk Energy Plans for Maryland Businesses
Fixed Rate
Lock in your Maryland electricity rate for the full length of your contract. Fixed-rate plans provide predictable monthly billing and protect your business from sudden market spikes.
Blend & Extend
Happy with your current supplier? A blend-and-extend strategy allows you to renegotiate your rate before your contract ends by committing to a longer term — potentially lowering costs while maintaining supplier continuity.
Capacity Passthrough
With this option, your supply rate remains fixed, while capacity charges are passed through directly from your utility. This structure offers added transparency and gives your business more control over how certain costs are managed.
Higher-Risk Energy Plans for Maryland Businesses
Index Pricing
Index pricing connects your Maryland electric rate to a publicly available wholesale pricing index. Your rate fluctuates with the market, creating opportunities to capture savings during favorable conditions while also carrying the risk of price increases.
Block & Index
This hybrid strategy allows your business to secure a portion of its electricity usage at a fixed rate (the “block”) while purchasing any additional usage at market-based index pricing. It balances stability with the flexibility to take advantage of market lows.
Flip to Fixed
Begin with variable, market-based pricing and monitor trends closely. When market conditions improve, you can transition (“flip”) to a fixed-rate contract to lock in savings and protect against future volatility.
Exercise Your Power to Choose in Maryland
Maryland’s energy choice places the power in your hands. With dozens of suppliers to choose from, your business can compare plans to find the perfect fit. To better understand your needs, it’s important to learn more about how energy choice in Maryland can help your company thrive.
Want to Take Control of Your Energy Costs?
Is There an Alternative to Baltimore Gas & Electric Company (BGE) in Maryland?
Yes. Businesses served by Baltimore Gas and Electric Company (BGE) can choose a licensed third-party supplier instead of remaining on the default utility rate. Working with experienced energy brokers can help you compare options and secure a competitive commercial electricity plan tailored to your business goals.
Can Maryland Businesses Buy Green Energy?
Yes. Commercial customers can purchase green energy through Renewable Energy Credits (RECs) or green supply plans. Maryland also follows a Renewable Portfolio Standard (RPS), which requires suppliers to source a portion of their electricity from renewable resources.
What’s the Difference Between a Utility and a Supplier?
Your utility company delivers electricity to your business and maintains the power lines and infrastructure. Your supplier purchases or generates the electricity itself. Businesses can choose their supplier but cannot choose their utility, as the utility is assigned based on location.
What Is Standard Offer Service (SOS)?
Standard Offer Service (SOS) is the default electricity rate provided by your local utility. If your business does not select a third-party supplier, it will automatically receive SOS pricing. While convenient, SOS rates do not always offer the most competitive long-term savings.
What Is Maryland’s Electric Choice Program?
Maryland’s Electric Choice program helps residents and businesses understand energy deregulation. Through the state’s official shopping site, companies can compare licensed suppliers and review available electricity rates to find a plan that fits their needs.
What Are Maryland's New Energy Laws?
Senate Bill 1 introduced stricter marketing rules, licensing requirements, and clearer contract standards. These updates mainly impact residential and low-income customers, but some provisions also apply to commercial energy suppliers operating in Maryland.
Industries We Power with Gas and Electricity Solutions
We help businesses across Maryland save on both natural gas and electricity while improving energy efficiency and lowering costs. Our solutions are customized for a wide range of industries, including warehouses, schools, office buildings, nursing homes, and more. By understanding each industry’s unique energy needs, we create plans that reduce monthly bills, provide predictable costs, and support long-term energy management. Whether your business is small or large, we design energy strategies to fit your goals and budget.
Warehouses
Lower gas & electricity costs, improve efficiency, and keep warehouse operations running smoothly with reliable power solutions.
Schools
Create a comfortable, cost-effective, and sustainable learning environment for students and staff with smart electricity & gas management.
Office Buildings
Reduce expenses, enhance workplace comfort, and support sustainability with gas & electricity-efficient solutions for office spaces.
Nursing Homes
Ensure safety, comfort, and reliable electricity & gas for nursing homes, keeping residents and staff at ease.
Shopping Centers
Save gas & electricity costs, improve lighting, and create a better shopping experience for businesses and customers.
Property Management
Optimize electricity & gas use, lower costs, and improve sustainability for residential and commercial properties.
Manufacturing Companies
Boost production efficiency, reduce gas & electricity costs, and keep manufacturing operations running without interruptions.
Answers to Common Questions
Frequently Asked Questions
As of November 2025, the average commercial electricity rate in Maryland is 15.46¢ per kilowatt-hour, up from 13.05¢ in July 2024. By comparing Maryland energy supplier rates with us, your business can avoid rising costs and secure a stable, affordable plan.
Demand charges are based on your highest energy usage during a billing period. Utilities track your peak 15-30 minute usage. Short periods of very high usage can significantly increase your bill.
Nuclear energy is Maryland’s largest source, followed by natural gas. The state is also expanding renewable energy, including wind and solar, under its Renewable Portfolio Standard.
Look for early termination fees, pass-through utility charges, and hidden variable rate riders. Great Energy 1’s experts help review contracts so your business avoids unexpected costs.
Many factors affect energy costs, including seasonal usage, supply rates, demand charges, and overall energy efficiency. Understanding these can help your business control costs.
Yes. Maryland offers rebates, tax credits, and grants for installing solar panels, EV charging stations, and energy-efficient equipment through both state and utility programs.
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