Electricity Rates in Princeton, ME
The average residential electricity rate in Princeton, 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 Princeton
| 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 Princeton
At 17.0¢/kWh, a typical Princeton 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 Princeton
Charging an electric vehicle at home in Princeton 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 Princeton, ME?
The average residential electricity rate in Princeton, 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 Princeton?
Princeton is served by 1 electricity provider. Eastern Maine Electric Coop is the largest provider in the area.
How do Princeton electricity rates compare to the rest of Maine?
Princeton'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.