Electricity Rates in Malden, MA
Electricity rates in Malden, MA average 25.0¢/kWh — 40.6% above the national average of 17.78¢/kWh. Massachusetts Electric Co is the primary electricity provider in the area.
Electricity Providers in Malden
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Massachusetts Electric Co | 25.0¢/kWh | 17.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 25.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Malden
At 25.0¢/kWh, a typical Malden household spends approximately $2658.00/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 Malden
Charging an electric vehicle at home in Malden costs approximately $225.00/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 Malden, MA?
The average residential electricity rate in Malden, MA is 25.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $221.50 for a typical household.
Who provides electricity in Malden?
Malden is served by 1 electricity provider. Massachusetts Electric Co is the largest provider in the area.
How do Malden electricity rates compare to the rest of Massachusetts?
Malden's average rate of 25.0¢/kWh is 4.2% above the Massachusetts state average of 24.0¢/kWh. Rates are typical for the region.