Electricity Rates in Bangor, ME
Bangor, ME is in a deregulated electricity market with 2 providers available. The average residential rate is 20.0¢/kWh, 5.3% above the Maine average of 19.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Bangor
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Central Maine Power Co | 18.0¢/kWh | 14.0¢/kWh | Investor Owned |
| Versant Power | 21.0¢/kWh | 18.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 20.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Bangor
At 20.0¢/kWh, a typical Bangor household spends approximately $2126.40/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Bangor
Charging an electric vehicle at home in Bangor costs approximately $180.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Maine
Frequently Asked Questions
What is the average electricity rate in Bangor, ME?
The average residential electricity rate in Bangor, ME is 20.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $177.20 for a typical household.
Who provides electricity in Bangor?
Bangor is served by 2 electricity providers. Versant Power is the largest provider in the area, though rates and availability vary by specific address.
How do Bangor electricity rates compare to the rest of Maine?
Bangor's average rate of 20.0¢/kWh is 5.3% above the Maine state average of 19.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.