Pepco net metering in Maryland
Montgomery and Prince George’s counties, and the Washington suburbs. An Exelon utility alongside BGE and Delmarva. Same statutory framework, same closing date.
- Type
- Investor owned
- Accounts
- 600K
What they credit you
Full retail in kilowatt hours; spring surplus paid at the generation rate
Published termsPepco’s Rider “NEM” changes only the per-kilowatt-hour parts of the bill; the Customer Charge is not touched. In a month you send the grid more than you take, Pepco takes ownership of the surplus, you pay the greater of the customer and other non-energy charges or the monthly minimum, and the surplus carries forward in kilowatt hours. By default the bank is settled after the April billing cycle; on Standard Offer Service it is valued at the Generation portion of the rate you would have been charged, averaged over the previous twelve months.
- Month to month
- Kilowatt hours carry forward to the April billing cycle, or indefinitely if you elect it in writing or on a form accepted by the Commission.
- Once a year
- Paid on or before 30 days after the April billing cycle; a payment under $25 may come as a bill credit. On a supplier, the Generation portion of the supplier’s rate, if Pepco knows it.
Published terms · checked 2026-10-08 · source
Installers serving Pepco customers
Pick one. Only the company you choose receives your details, and only that company calls you.
- Bold EnergyLocal installerBatteryBBB B+, accredited4.948 GoogleMulti-state installer working from a Texas base and publishing 84 licenses across 31 states, with battery storage, repairs and panel removal alongside new installs.All of MarylandSelect this installer
- Trinity SolarLocal installerBattery32 years tradingBBB A+, accredited4.41,682 GoogleFamily owned since 1994 and the largest privately held residential solar installer in the country, working across the Northeast and the Mid-Atlantic.All of MarylandSelect this installer
- Solar Energy WorldLocal installerBattery17 years tradingBBB A+, accredited4.6995 GoogleMid-Atlantic installer trading since 2009, ranked fourth largest residential solar contractor in the country for 2026.All of MarylandSelect this installer
- SunrunLocal installerBattery19 years tradingBBB A+, accreditedThe largest residential solar and home battery company in the United States, trading since 2007 and operating in twenty states.All of MarylandSelect this installer
These are real companies operating in Pepco territory. Bold Energy is listed first because it is the company we introduce first. That order is our choice, not a score. The other companies are ordered by reviews, years trading and BBB grade. None of them pays us for placement. Pick the one you want and we will call you to arrange it.
Ordering combines three things we read from primary sources: Google review count and rating, years trading taken from the company’s Better Business Bureau profile rather than its own marketing, and its BBB letter grade. BBB accreditation is shown but never scored, because it is a paid membership rather than a mark of quality.
Check any contractor license yourself at the state register. Do that before you sign anything, with any company, including ours.
What this looks like on a Pepco bill
An average Maryland household, against a system sized to cover its year. The energy charge is the part that goes to zero. The fixed monthly charge underneath it is the part that never does, and it is the number that decides whether a system pays for itself.
Meter reading falling from 41926 to 41667 kilowatt hours. A 929 kilowatt hour month against 1,188 kilowatt hours produced leaves 0 kilowatt hours billed and 259 banked for next month, so the energy charge falls from $202.89 to $0.00 at 21.84 cents per kilowatt hour.
Maryland average household use, 929 kWh a month, at the current published residential price of 21.84¢ per kWh. Your utility still bills a fixed monthly customer charge that no system offsets, so this is the energy part of the bill, which is the part that goes away.
Maryland’s full retail rate net metering closes to new customers at the earlier of a 3,000 MW statewide cap or 1 July 2027, under HB 1532. The Public Service Commission’s 2025 report found half the cap already used as of June 2025 and expects the pipeline to exceed it, so the cap may well arrive before the date. Systems connected before then keep the current terms until they are decommissioned, expanded, repowered or re-interconnected. New customers after that go into a successor program the legislature requires to pay less.
What your installer should be telling you
On a time-of-use schedule (R-TOU-P, RTM or R-PIV) the rider nets each time-of-use period separately instead of the month’s total energy. The system may not exceed 200 percent of your previous twelve months of use, measured when you install or upgrade; without twelve months of history the baseline may be estimated by a method subject to Commission approval. If you elect to accrue indefinitely you may revert to the default once in each twelve-month period counted from that election; revert before 31 December and the balance is paid within 30 days after the April billing cycle of the following year. Bill credits and payments under the rider do not offset charges under Rider MCAM-S, through which Pepco recovers the cost of any work to extend or modify its system to accommodate your generator. Confirm with your utility how much of the 3,000 MW statewide cap remains before you plan around the 1 July 2027 date in HB 1532; the rider is available first come, first served only while the statewide total stays under 3,000 MW.
What Pepco bills you anyway
In a month when your production covers everything you use, the energy charge can reach zero. This does not. It is the floor under every bill, and it is the number that decides whether a system pays for itself.
- The charge
- $8.44 a month
- How it is set
- Schedule R bands the Customer Charge by date rather than by rate year: $8.44 from 1 April 2024 to 10 August 2026, $8.67 for the fortnight to 27 August, and $8.44 again from 28 August to 31 October 2026, which is the band in force. Summer kilowatt-hours are charged at $0.08760 and winter at $0.04328 on top of it. The current band expires on 31 October 2026, so this figure needs re-reading after that date. Maryland is deregulated: this is delivery only.
Schedule R, Electric P.S.C. Md. No. 1, Thirty-Fourth Revised Page No. 3, effective for usage on and after 11 August 2026 · checked 2026-09-18 · source
Applying to Pepco
What Pepco itself requires, as distinct from what the state rule requires. Read from its own published guidelines on the date shown.
- The closing date is in the statute, in these words
- The fiscal note for HB 1532: "End the availability of new contracts or tariffs under the existing net energy metering program at the earlier of (1) the date on which the generating capacity under the program reaches 3,000 megawatts or (2) July 1, 2027."
- The replacement is required to pay less
- The Commission must approve a successor framework "by order or regulation on or before February 1, 2027" to begin 1 July 2027, and the General Assembly’s stated intent is incentives "less than the incentives provided by the existing program".
- The cap may arrive before the date, and community solar is what is eating it
- The Public Service Commission’s 2025 report puts installed capacity at 1,537 MW as of 30 June 2025, "51.23 percent of the eligible State cap of 3,000 MW". Its central finding is that the pipeline of proposed but not yet operational projects is projected to exceed the cap: roughly 700 MW awaiting Commission authorization, 1,728 MW sitting in utility interconnection queues and 483 MW accepted but not yet operating. The Commission’s own words are that those pending community solar projects, about 2,911 MW, "nearly exceeds the 3,000 MW statewide cap on its own before accounting for the 1,537 MW already installed". None of that is rooftops. A household in Maryland is racing a queue of commercial projects it has no part in, for a place in a program that closes for everyone at once.
- You can choose never to be paid out each spring
- Public Utilities Article § 7-306(f)(5) lets a customer of an electric company elect to accrue net excess generation indefinitely instead of taking the annual payment. That matters because the payment is made at the generation or commodity portion of the rate, which is below the retail rate the same kilowatt hour offsets if you keep it as a credit and use it in a darker month. Two conditions come with it: switching back to the annual payment needs the utility’s approval, and whatever is left is paid within 15 days of closing the account, at a value the Commission sets. The Commission reports $8,888,859.35 paid out across Maryland in the twelve months to 30 April 2025. Unless you are consistently generating more than you will ever use, electing to accrue is worth asking about by name.
- Six thousand megawatts is a different program’s ceiling
- HB 1532 also sets a 6,000 MW limit, and it is easy to read that as the cap on this program. It is not. The 6,000 MW applies to the combined capacity of the existing program and the successor that replaces it; entry to the existing full retail program still ends at 3,000 MW or 1 July 2027, whichever comes first. The bill’s own summary blurs the two, so check which number you are being quoted.
- If you get in, you keep it, and the conditions are specific
- Existing program participants stay eligible until the system is decommissioned, is modified to increase its output, enters a new interconnection agreement, or is repowered, meaning more than 80% of its DC nameplate capacity is replaced. Adding panels later is one of the four ways to lose it.
- Being in the queue counts for something
- The Commission is required to prioritize successor program applications from customers who were already in their electric company’s interconnection queue for the existing program when the successor started.
- Your own usage sets the size limit
- Maryland regulation, COMAR 20.50.10.01, says a net metered system “may not exceed 200 percent of the eligible customer-generator’s baseline annual usage”. Pepco’s and Delmarva’s riders define that as your previous twelve months of use at the time of installation or upgrade, and the BGE, Pepco and Delmarva riders allow it to be estimated, by a method subject to Commission approval, if you do not have twelve months of use. An upgrade is re-tested, and if the upgraded system is over the limit the regulation says the electric company “may discontinue net energy metering”. For a house this is the size limit that matters, not the statute’s 2 MW for an individual system or 5 MW for community solar and meter aggregation.
- Under the default, surplus is cashed out each spring at the supply rate
- If you do not elect to accrue indefinitely, net excess generation accrues for up to twelve months and is paid within 30 days after the April billing cycle, at the generation or commodity portion of your rate averaged over those twelve months, or your supplier’s generation rate if you buy from one. That is the supply part of the bill without the delivery charges, so banking a large spring surplus is not the strategy it looks like.
From Pepco’s published guidelines · checked 2026-10-08 · source
Pepco net metering questions
- Does Pepco offer one for one net metering?
- Yes. Pepco’s Rider “NEM” changes only the per-kilowatt-hour parts of the bill; the Customer Charge is not touched. In a month you send the grid more than you take, Pepco takes ownership of the surplus, you pay the greater of the customer and other non-energy charges or the monthly minimum, and the surplus carries forward in kilowatt hours. By default the bank is settled after the April billing cycle; on Standard Offer Service it is valued at the Generation portion of the rate you would have been charged, averaged over the previous twelve months. Kilowatt hours carry forward to the April billing cycle, or indefinitely if you elect it in writing or on a form accepted by the Commission.
- What does Pepco pay for power sent back to the grid?
- Full retail in kilowatt hours; spring surplus paid at the generation rate. Paid on or before 30 days after the April billing cycle; a payment under $25 may come as a bill credit. On a supplier, the Generation portion of the supplier’s rate, if Pepco knows it.
- Do I need a battery with Pepco?
- Not for the economics. Pepco credits exports at the retail rate, so power you send out during the day comes back at the same value after dark without storage. A battery is still worth considering for outages during hurricane season, but it is an upgrade here rather than a requirement.
- How do I find my Pepco bill?
- Sign in at pepco.com. Open My Account, then Billing. Open the latest bill and save the PDF. Or screenshot the summary page. If you cannot get to it, a rough guess at your average monthly amount is enough to start.
- Is there a deadline for Pepco customers?
- Maryland’s full retail rate net metering closes to new customers at the earlier of a 3,000 MW statewide cap or 1 July 2027, under HB 1532. The Public Service Commission’s 2025 report found half the cap already used as of June 2025 and expects the pipeline to exceed it, so the cap may well arrive before the date. Systems connected before then keep the current terms until they are decommissioned, expanded, repowered or re-interconnected. New customers after that go into a successor program the legislature requires to pay less.
- What is the catch with Pepco?
- On a time-of-use schedule (R-TOU-P, RTM or R-PIV) the rider nets each time-of-use period separately instead of the month’s total energy. The system may not exceed 200 percent of your previous twelve months of use, measured when you install or upgrade; without twelve months of history the baseline may be estimated by a method subject to Commission approval. If you elect to accrue indefinitely you may revert to the default once in each twelve-month period counted from that election; revert before 31 December and the balance is paid within 30 days after the April billing cycle of the following year. Bill credits and payments under the rider do not offset charges under Rider MCAM-S, through which Pepco recovers the cost of any work to extend or modify its system to accommodate your generator. Confirm with your utility how much of the 3,000 MW statewide cap remains before you plan around the 1 July 2027 date in HB 1532; the rider is available first come, first served only while the statewide total stays under 3,000 MW.