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 (E) “Weighted Average Price of SOS electricity beginning June 1, 2013 through May 31, 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 (E) 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 June 1, 2013 through May 31, 2014” in the chart below to determine your correct rate.
(A)
|
(E) |
Residential (Schedule "R") |
9.29 |
Residential Time of Use |
9.26 |
Small Commercial (Schedule "GS-ND") |
9.21 |
Temporary Service (Schedule "T") |
9.10 |
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 beginning June 1, 2013 through May 31, 2014” Difference/kWh Average Monthly kWh Usage Average Monthly Savings Months/Year Average Annual Savings |
9.29 -8.29 = 1.00 × 750 = 7.50 × 12 = $ 90.00 |
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 beginning June 1, 2013 through May 31, 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 |
= $ | |
