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Maryland Energy Choice

Supply Price Comparison – Rate Class

To calculate your potential annual savings as a consumer in a rate class, determine the difference between Pepco’s column (D) “Weighted Average Price of SOS electricity beginning October 1, 2013 through September 30, 2014” and the price of other Electric Generation Suppliers participating in the Energy Choice Program by subtracting one from the other. If the supplier’s price is less than the column (D) price you’ll save money. Multiply that difference by your average monthly kilowatt-hour (kWh) usage to determine your average monthly and annual savings.


1. Look at the “Weighted Average Price of SOS electricity beginning October 1, 2013 through September 30, 2014” in the chart below to determine your correct rate.

(A)
Rate Classification

 

 

 

(D)
Weighted Average Price of
SOS electricity beginning
October 1, 2013
through

September 30, 2014

(¢/kWh)

 

Residential (Schedule "R")

 

9.02

Residential Time of Use
(Schedule "RTM")

 

9.00

 

Small Commercial (Schedule "GS-ND")

 

8.93

 

Temporary Service (Schedule "T")

 

8.81

The above prices are rate schedule averages.

2. The following is an example using Pepco’s Residential (Schedule "R") rate class.

"Weighted Average Price of SOS electricity October 1, 2013 through September 30, 2014”
Prospective Supplier* Price/kWh


Difference/kWh

Average Monthly kWh Usage


Average Monthly Savings

Months/Year


Average Annual Savings

  9.02


 -8.02


= 1.00

× 750


= 7.50

× 12


= $ 90.00

cents/kWh


cents/kWh


cents/kWh

*An example using a fictional price. Your savings will differ based on the price of the actual supplier you choose.


3. You can print and use the form below as a calculation worksheet.

Fill in the information on line 1, 2 and 3 to calculate your monthly and annual savings.

1. Weighted Average Price of SOS electricity October 1, 2013 through September 30, 2014

cents/kWh
2. Suppliers Price to Compare cents/kWh



Difference kWh = cents/kWh
3. Average Monthly kWh Usage × kWh



Average Monthly savings

= $
Months/Year ×12



Average Annual savings

= $