Electricity Rates in Lovell, ME
The average residential electricity rate in Lovell, 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 Lovell
| 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 Lovell
At 18.0¢/kWh, a typical Lovell 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 Lovell
Charging an electric vehicle at home in Lovell 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 Lovell, ME?
The average residential electricity rate in Lovell, 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 Lovell?
Lovell is served by 1 electricity provider. Central Maine Power Co is the largest provider in the area.
How do Lovell electricity rates compare to the rest of Maine?
Lovell'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.