Electricity Rates in Monticello, ME
The average residential electricity rate in Monticello, ME is 17.0¢/kWh based on 2024 EIA data. Eastern Maine Electric Coop provides electricity to the area. This is 10.5% below the Maine state average.
Electricity Providers in Monticello
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Eastern Maine Electric Coop | 17.0¢/kWh | 16.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Monticello
At 17.0¢/kWh, a typical Monticello household spends approximately $1807.44/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 Monticello
Charging an electric vehicle at home in Monticello costs approximately $153.00/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 Monticello, ME?
The average residential electricity rate in Monticello, ME is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Monticello?
Monticello is served by 1 electricity provider. Eastern Maine Electric Coop is the largest provider in the area.
How do Monticello electricity rates compare to the rest of Maine?
Monticello's average rate of 17.0¢/kWh is 10.5% below the Maine state average of 19.0¢/kWh. Residents enjoy some of the lower rates in the state.