Rate increases · Delmarva Power

Why is my Delmarva Power bill going up in 2025–26?

Your Delmarva Power bill went up, and it's not your imagination or just the AC. PJM-driven wholesale supply costs raised Delmarva's Maryland standard-offer rate.

The key facts

  • Delmarva Power's Standard Offer Service (Price to Compare) rose , effective June 1, 2025.
  • The driver is the PJM capacity market, where the price spiked from $28.92 to $269.92/MW-day (about 830%).
  • Exelon reported about $2.5 billion in 2024 profit — but not from this supply charge (it's a pass-through). See the Delmarva Power Report Card →

Source: Maryland PSC — SOS order (2025). Rates reset on a schedule — confirm the current figure before relying on it.

What's actually driving it

Think of the PJM capacity market as a retainer fee. Every year the regional grid operator pays power plants to promise they'll be available on the worst-demand days — the January cold snap, the August heat wave — even if they sit idle the rest of the time. You're not paying for electricity here; you're paying to keep the plants on call. That retainer spiked, and it flows onto the supply line of your bill.

The price went from $28.92/MW-day to $269.92 (about 830%), peaked at $333.44 in December 2025, and the July 2026 auction cleared at $325 — the 3rd consecutive auction pinned at the FERC-approved cap, while the region fell 6,831 MW short of its reliability requirement. Why? Electricity demand is rising fast — led by data centers, plus electrification and economic growth. Older power plants are retiring faster than new ones can connect to the grid. Source: PJM Interconnection — 2028/2029 Base Residual Auction results (July 14, 2026).

What's already decided for Delmarva Power bills — the three dates that matter

  • · Today: your current rate carries the July 2025 auction's costs ($329.17/MW-day) — the increase that took effect June 1, 2025.
  • · Around June 2027: the December 2025 auction — the most expensive in PJM history ($333.44) — flows into the next reset. Expect another step up, not relief.
  • · Around June 2028: the July 2026 auction ($325, at the cap again) keeps costs at essentially the maximum through May 2029.

Exact bill impacts depend on each reset's full supply procurement — these auction prices are the locked-in capacity component. PROJECTION beyond the current confirmed rate.

Will bills go down? The plain-English answer →

Is Delmarva Power pocketing this?

This lands on the supply (generation) part of your bill, which on a default/standard rate is a pass-through — your utility buys the power and bills it through with no markup. The utility's own profit lives in the separate delivery (distribution) charge, set in a rate case.

What you can actually do

The fuller picture on Delmarva Power

A rate increase is one number. Here's the context most coverage skips: in 2024, Delmarva Power disconnected about 4.1 households per 100 customers for nonpayment. Its parent, Exelon, cleared about $2.5 billion in 2024.

See the full Delmarva Power Report Card → Compare every utility on rates, reliability, disconnections and profit →

Common questions

How much is the Delmarva Power rate increase?
Delmarva Power's Standard Offer Service (Price to Compare) rose effective June 1, 2025.
Why is my Delmarva Power bill going up?
PJM-driven wholesale supply costs raised Delmarva's Maryland standard-offer rate.
Is Delmarva Power making more profit from this?
Not from the supply increase itself — that's a pass-through with no markup. Exelon (the parent company) reported about $2.5 billion in profit in 2024, but that comes from the delivery/distribution side and its other businesses, not from marking up the power you buy. This lands on the supply (generation) part of your bill, which on a default/standard rate is a pass-through — your utility buys the power and bills it through with no markup. The utility's own profit lives in the separate delivery (distribution) charge, set in a rate case.
Will switching suppliers lower my Delmarva Power bill?
Often not. When the increase is a capacity-driven default rate, a competitive supplier is buying from the same wholesale market — and many switchers end up paying more after a teaser rate resets. Compare any offer against Delmarva Power's Standard Offer Service (Price to Compare) first, and only take a fixed, full-term rate that genuinely beats it.

Last reviewed June 18, 2026. Default-supply rates reset on a schedule and rate cases move — confirm the current figure with Maryland PSC — SOS order (2025) or your bill before relying on it. The exact summer-2025 ¢/kWh figure wasn't independently confirmable, so we describe the direction (up) rather than quote a number; a small monthly bill credit applied. Verify the current rate with the PSC. This is general consumer information, not legal or financial advice.

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