Electricity Rates in Nantucket, MA
Electricity rates in Nantucket, MA average 27.0¢/kWh — 51.9% above the national average of 17.78¢/kWh. Nantucket Electric Co is the primary electricity provider in the area.
Electricity Providers in Nantucket
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Nantucket Electric Co | 27.0¢/kWh | 21.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 27.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Nantucket
At 27.0¢/kWh, a typical Nantucket household spends approximately $2870.64/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 Nantucket
Charging an electric vehicle at home in Nantucket costs approximately $243.00/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 Nantucket, MA?
The average residential electricity rate in Nantucket, MA is 27.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $239.22 for a typical household.
Who provides electricity in Nantucket?
Nantucket is served by 1 electricity provider. Nantucket Electric Co is the largest provider in the area.
How do Nantucket electricity rates compare to the rest of Massachusetts?
Nantucket's average rate of 27.0¢/kWh is 12.5% above the Massachusetts state average of 24.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.