Electricity Rates in Melrose, MA
Melrose, MA is in a deregulated electricity market with 2 providers available. The average residential rate is 24.0¢/kWh, close to the Massachusetts average of 24.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Melrose
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Massachusetts Electric Co | 25.0¢/kWh | 17.0¢/kWh | Investor Owned |
| NSTAR Electric Company | 23.0¢/kWh | 18.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 24.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Melrose
At 24.0¢/kWh, a typical Melrose household spends approximately $2551.68/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 Melrose
Charging an electric vehicle at home in Melrose costs approximately $216.00/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 Melrose, MA?
The average residential electricity rate in Melrose, MA is 24.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $212.64 for a typical household.
Who provides electricity in Melrose?
Melrose is served by 2 electricity providers. Massachusetts Electric Co is the largest provider in the area, though rates and availability vary by specific address.
How do Melrose electricity rates compare to the rest of Massachusetts?
Melrose's average rate of 24.0¢/kWh is close to the Massachusetts state average of 24.0¢/kWh. Rates are typical for the region.