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Updated: March 2026

Market Guide

Commercial Building Energy Requirements in Baltimore

Utility rates, compliance regulations, and benchmarking requirements for commercial real estate in Baltimore, Maryland.

Average Commercial Utility Rates

$0.15Electric Rate
$1.10Gas Rate

Rising

Up 6% YoY; BGE distribution charges and PJM capacity market costs increasing

Energy Regulations & Compliance

Baltimore Benchmarking Ordinance

Active

Annual energy benchmarking for large commercial and multifamily buildings via ENERGY STAR Portfolio Manager.

25,000 sqft

June 1 annually

Up to $250 per day

Maryland BPS (proposed)

Proposed

State-level building performance standards under development through the Climate Solutions Now Act.

35,000 sqft (proposed)

2030 (proposed first compliance)

TBD

Compliance Timeline

June 1 annually

Baltimore Benchmarking Ordinance - 25,000 sqft

2030 (proposed first compliance)

Maryland BPS (proposed) - 35,000 sqft (proposed)

Utility Providers

Baltimore Gas & Electric (BGE)

Electric & Gas

Benchmarking Requirements

Benchmarking is required

25,000 sqft

June 1 annually

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