Electricity Rates in Maine
Maine has a deregulated electricity market, meaning residential customers can choose their electricity provider. The average residential rate is 19.0¢/kWh, but shopping around could save you money. Across 5 utilities, rates range from 15.0¢ to 21.0¢/kWh depending on your location and provider.
Maine Electricity Rate History
Monthly residential electricity rates in Maine over the last 24 months, based on EIA data.
Top Cities in Maine
| City | Avg. Rate | Primary Utility | Providers |
|---|---|---|---|
| Portland | 18.0¢/kWh | Central Maine Power Co | 1 |
| Addison | 21.0¢/kWh | Versant Power | 1 |
| Bar harbor | 21.0¢/kWh | Versant Power | 1 |
| Alfred | 18.0¢/kWh | Central Maine Power Co | 1 |
| Alna | 18.0¢/kWh | Central Maine Power Co | 1 |
| Andover | 18.0¢/kWh | Central Maine Power Co | 1 |
| Anson | 17.0¢/kWh | Central Maine Power Co | 2 |
| Arundel | 18.0¢/kWh | Central Maine Power Co | 1 |
| Athens | 18.0¢/kWh | Central Maine Power Co | 1 |
| Auburn | 18.0¢/kWh | Central Maine Power Co | 1 |
| Augusta | 18.0¢/kWh | Central Maine Power Co | 1 |
| Aurora | 20.0¢/kWh | Versant Power | 2 |
| Bailey island | 18.0¢/kWh | Central Maine Power Co | 1 |
| Bangor | 20.0¢/kWh | Versant Power | 2 |
| Albion | 18.0¢/kWh | Central Maine Power Co | 1 |
| Bass harbor | 21.0¢/kWh | Versant Power | 1 |
| Bath | 18.0¢/kWh | Central Maine Power Co | 1 |
| Beals | 21.0¢/kWh | Versant Power | 1 |
| Belfast | 18.0¢/kWh | Central Maine Power Co | 1 |
| Acton | 18.0¢/kWh | Central Maine Power Co | 1 |
Utilities in Maine
| Utility | Type | Avg. Residential Rate | ZIP Codes Served |
|---|---|---|---|
| Central Maine Power Co | Investor Owned | 18.0¢/kWh | 338 |
| Eastern Maine Electric Coop | Cooperative | 17.0¢/kWh | 40 |
| Houlton Water Company | Municipal | 12.0¢/kWh | 3 |
| Town of Madison - (ME) | Municipal | 15.0¢/kWh | 5 |
| Versant Power | Investor Owned | 21.0¢/kWh | 112 |
How Maine Compares
Frequently Asked Questions
What is the average electricity rate in Maine?
The average residential electricity rate in Maine is 19.0¢ per kilowatt-hour (kWh) based on 2024 EIA data. Rates range from 15.0¢ to 21.0¢/kWh depending on your utility provider and location within the state.
Who is the cheapest electricity provider in Maine?
Electricity rates in Maine vary by provider and location. The state has 5 utility companies serving different areas. To find the cheapest rate available to you, enter your ZIP code in our lookup tool above for your specific options.
Is Maine a deregulated electricity market?
Yes, Maine has a deregulated electricity market. This means residential customers can choose their electricity supplier, potentially finding a lower rate than their default utility provider.
How have electricity rates changed in Maine?
Electricity rates in Maine have increased 6.3% over the past year. The current average residential rate is 19.0¢/kWh.
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