Electricity Rates in Lincoln, ME
Lincoln, 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 Lincoln
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Eastern Maine Electric Coop | 17.0¢/kWh | 16.0¢/kWh | Cooperative |
| 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 Lincoln
At 20.0¢/kWh, a typical Lincoln 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 Lincoln
Charging an electric vehicle at home in Lincoln 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 Lincoln, ME?
The average residential electricity rate in Lincoln, 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 Lincoln?
Lincoln 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 Lincoln electricity rates compare to the rest of Maine?
Lincoln'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.