Electricity Rates in Damariscotta, ME
The average residential electricity rate in Damariscotta, ME is 18.0¢/kWh based on 2024 EIA data. Central Maine Power Co provides electricity to the area. This is 5.3% below the Maine state average.
Electricity Providers in Damariscotta
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Central Maine Power Co | 18.0¢/kWh | 14.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 18.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Damariscotta
At 18.0¢/kWh, a typical Damariscotta household spends approximately $1913.76/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 Damariscotta
Charging an electric vehicle at home in Damariscotta costs approximately $162.00/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 Damariscotta, ME?
The average residential electricity rate in Damariscotta, ME is 18.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $159.48 for a typical household.
Who provides electricity in Damariscotta?
Damariscotta is served by 1 electricity provider. Central Maine Power Co is the largest provider in the area.
How do Damariscotta electricity rates compare to the rest of Maine?
Damariscotta's average rate of 18.0¢/kWh is 5.3% below the Maine state average of 19.0¢/kWh. Residents enjoy some of the lower rates in the state.