The electric power industry in Maryland is diverse, innovative, and of great significance to the state's future. The industry is booming with companies ranging from traditional power providers to green energy pioneers supplying clean and alternative energy. These companies offer a variety of services, such as solar panel installation, power management systems, and direct to customer electricity provision. By transforming traditional power generation and usage, they are paving the way for a more sustainable and energy-efficient future in Maryland and beyond.


Top 20 electric power companies in Maryland

1. Neighborhood Sun

Neighborhood Sun is disrupting the utility industry by empowering communities with affordable, clean energy. They offer access to solar farms through community solar subscription model, eliminating barriers to solar adoption. Customers can save money on their electricity bills while reducing their carbon footprint. As a Certified B Corp and Public Benefit Corporation, Neighborhood Sun uses business as a force for good, advocating for clean energy policies and partnering with local nonprofits.


2. Got Electric, LLC

Got Electric is a company that specializes in commercial solar installation and maintenance. With over 55MW of installed solar capacity, they offer expert services in Maryland, Virginia, and the DC Metro Area. From solar installation to electric car chargers and backup power systems, Got Electric provides comprehensive electrical solutions.


3. TruWatts

  • Website: truwatts.com
  • Headquarters: Baltimore, Maryland, United States
  • Founded: 2014
  • Headcount: 11-50
  • LinkedIn

TruWatts is an energy management system that optimizes power quality to reduce energy consumption, improve equipment performance, and protect valuable equipment in industrial facilities. It provides voltage and current optimization, harmonic filtering, phase balancing, and surge protection.


4. Baltimore Gas & Electric

  • Website: bge.com
  • Headquarters: Baltimore, Maryland, United States
  • Founded: 1816
  • Headcount: 1001-5000
  • Latest funding type: Ipo
  • LinkedIn

Baltimore Gas and Electric (BGE) is a utility company that offers gas and electric services in the Baltimore area. They provide reliable and affordable energy solutions to residential, commercial, and industrial customers.


5. CPower Energy Management

CPower is a company that helps energy users conserve power during peak demand periods. They work with more than 17,000 sites across the U.S. and offer solutions such as demand response, energy efficiency, distributed generation, and energy storage.


6. New Energy Equity

  • Website: newenergyequity.com
  • Headquarters: Annapolis, Maryland, United States
  • Founded: 2013
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

New Energy Equity is the leading solar development and finance company in the country, with expertise in all aspects of solar projects. They have successfully completed over 250 projects, totaling more than 310 megawatts, and are dedicated to clean energy and the nation's energy transformation.


7. Circa Energy

Circa Energy is a clean power company providing affordable solar energy solutions. They offer a variety of financing options and handle all aspects of permits, inspections, and installation to ensure the highest standards in the industry.


8. Capital Sun Group

Capital Sun Group is a solar energy solutions provider, offering services to both commercial and residential customers. With years of experience and reliable products, they aim to provide customers with affordable and sustainable energy solutions.


9. Newton-evans Research Company INC

Newton-Evans Research Company is a market intelligence firm providing research and consulting services to the Energy Automation industry.


10. Allied Power Services

Allied Power Services (APS) provides valuable information and education for homes and businesses. By having an informed ""Energy Consultant"" analyze your current utility costs you can save money. The difference between the lowest and highest price is 10% - 20%. This can save homeowners several hundred dollars per year and businesses several thousand dollars per year. Allied Power Services help you understand your home and/or business utility costs. Allied Power Services will work with customers to provide the best solution for businesses and residential energy costs. You, have the power to choose a different provider of energy that suites your needs and save you money unlike before when there was no choice. Our mission is to provide the best energy solutions for your home and business.


11. U.S. EcoGen, LLC

  • Website: usecogen.com
  • Headquarters: Potomac, Maryland, United States
  • Founded: 2009
  • Headcount: 1-10
  • LinkedIn

U.S. EcoGen will become a leader in the development, acquisition, ownership and operation of clean renewable electrical generating facilities throughout the United States, while satisfying its Utility & Federal Sector customer’s sustainable energy needs, in an environmentally responsible manner.


12. Power Delivery Intelligence Initiative

  • Website: pdi2.org
  • Headquarters: Churchton, Maryland, United States
  • Founded: 2016
  • Headcount: 11-50
  • LinkedIn

PDI2 is a membership organization focused on developing data models that support the construction of power infrastructure. They engage with diverse expertise to help the industry make objective decisions about construction options for power infrastructure.


13. Competitive Power Ventures

  • Website: cpv.com
  • Headquarters: Silver Spring, Maryland, United States
  • Founded: 1999
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

Competitive Power Ventures (CPV) is a leading North American electric power generation development and asset management company. They have a vision for a balanced energy future and provide resources to get there.


14. K&M Advisors

K&M Advisors, LLC is an internationally recognized finance and engineering advisory firm that provides consulting services in the development of power, water, and telecommunications projects. With over 35 years of experience, K&M advises private investors and governments, offering expertise in project development, feasibility studies, transaction advisory, and policy and regulatory reform. The company has a strong presence in the wind and renewable energy sector and has advised on 19 independent power producer (IPP) projects. K&M is part of the Dorado Group and operates in the United States and Colombia.


15. Power Target

Power Target LLC helps homeowners and businesses in the United States compare and switch electricity providers to save on energy costs.


16. Bragi, Inc.

Bragi, Inc. is a technology company specializing in green energy and electrical power generation using efficient hubless fan and hydrodynamic electric vortex propulsion technologies.


17. Electric Advisors, Inc

Electric Advisors offers energy brokerage and consulting services to help clients take advantage of energy choices and show them how it can benefit their bottom-line. They continually seek out new energy companies to add to their list of suppliers to find the most competitive pricing and provide business-friendly contracts. They also offer renewable energy solutions and are committed to the community.


18. BTU Energy, LLC

BTU Energy is a commercial electricity supplier that helps businesses save money on their energy bills. They offer a wide range of services such as business electricity, natural gas, renewable energy, and energy protection plan.


19. Constellation NewEnergy

Founded in 1816, Constellation is a top competitive energy supplier in the United States. We currently help approximately 2.5 million customers with energy decisions for their homes and businesses.


20. Snyder Electric

For over 40 years, Snyder Electric, Inc. has been serving the needs of commercial, industrial, and residential properties throughout Maryland, Virginia, D.C., and North Carolina. Family owned and operated, we are specialists in the service and installation of electrical systems. From service upgrades to electrical maintenance and troubleshooting, we have a comprehensive knowledge of new technologies as well as older systems.


Want to find more electric power companies?


If you want to find more companies that offer a vast range of services including solar installations, power management, and direct electricity supply you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!