SMECO's current price to compare is 11.607¢ per kWh for homes. That's the price you pay for electricity supply if you haven't chosen a supplier, and it's the number any supplier offer has to beat.
I keep this page current from the official published figures, so you can check it before you shop.
SMECO Price to Compare Right Now
| Customer type | Price per kWh | In effect |
|---|---|---|
| Residential, supply only | 11.607¢ | October 2026 |
Source: Maryland Office of People's Counsel, SMECO rates page, supply cost, October 2026 figures (checked October 11, 2026). Supply only, in cents per kWh. Next change: Maryland default prices change with the seasons and as new supply contracts start. Always check the price printed on your latest bill; your rate class is listed there.
What This Means for Your Business
- It changes on SMECO's schedule, not yours. A fixed price from a licensed supplier locks the number for the term you choose.
- What it's worth: Every 1¢ per kWh a supplier can beat the default price by is worth about $50 a month, or $600 a year, for a business using 5,000 kWh a month.
- It's a benchmark, not a quote. Licensed suppliers price your actual account. Whether an offer beats it depends on your usage, start date, and term.
- Capacity matters for bigger accounts. SMECO is in PJM, where capacity costs are part of what you pay. Check how any contract handles them. Here's the story on PJM capacity.
- The Office of People's Counsel lists SMECO's supply price only; it does not list a transmission figure.
- Business accounts have different prices; check your latest bill.
How to Compare an Offer to SMECO
- Find your rate class and price on your SMECO bill (or use the table above).
- Compare the price per kWh for supply only.
- Check the term, the end date, and what happens when the contract ends.
- Check for a cancellation fee and any monthly fee.
- Maryland households have price and term protections under 2024 Senate Bill 1: a supplier can't charge more than the utility's trailing 12-month average default price when you sign, and a household term is limited to 12 months at a time. Businesses aren't covered by those limits, so read a business contract closely. More in our Maryland guide.
Let Us Beat SMECO's Price for You
Send a photo of your SMECO bill. We get licensed suppliers to quote your actual account, read the fine print for you, and watch your end date so a quiet rollover never costs you. It's free to you: the supplier you choose pays us. If nothing beats what you pay now, we'll tell you.
Or skip the form: send us a photo of your bill.
FAQ
What is SMECO's price to compare right now?
Residential, supply only: 11.607 cents per kWh (October 2026). Source: Maryland Office of People's Counsel, SMECO rates page, supply cost, October 2026 figures.
When does it change next?
Maryland default prices change with the seasons and as new supply contracts start.
Does switching suppliers change who delivers my power?
No. SMECO still delivers your electricity and handles outages. Only the supply price changes.
Is this the lowest price available?
Not necessarily. It's the benchmark. Licensed suppliers may offer a lower fixed price for your account, depending on your usage, start date, and term.