Electricity Rates in Holyoke, MA
Holyoke, MA is in a deregulated electricity market with 3 providers available. The average residential rate is 17.0¢/kWh, 29.2% below the Massachusetts average of 24.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Holyoke
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Chicopee - (MA) | 16.0¢/kWh | 17.0¢/kWh | Municipal |
| City of Holyoke - (MA) | 17.0¢/kWh | 15.0¢/kWh | Municipal |
| City of Westfield - (MA) | 18.0¢/kWh | 20.0¢/kWh | Municipal |
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 Holyoke
At 17.0¢/kWh, a typical Holyoke 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 Holyoke
Charging an electric vehicle at home in Holyoke 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 Massachusetts
Frequently Asked Questions
What is the average electricity rate in Holyoke, MA?
The average residential electricity rate in Holyoke, MA 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 Holyoke?
Holyoke is served by 3 electricity providers. City of Chicopee - (MA) is the largest provider in the area, though rates and availability vary by specific address.
How do Holyoke electricity rates compare to the rest of Massachusetts?
Holyoke's average rate of 17.0¢/kWh is 29.2% below the Massachusetts state average of 24.0¢/kWh. Residents enjoy some of the lower rates in the state.