$157/mo
based on 489 kWh average monthly usage
Electricity Rates in Maine (August 2026)
The average residential rate is 32.11¢/kWh — that's about $157/month for a typical household.
Source: U.S. Energy Information Administration. Data as of August 2026.
#50
out of 51 states (1 = cheapest)
76.8%above
the national average of 18.16¢/kWh
13.7%up
over the past 12 months
Rates by Sector
| Sector | Rate (¢/kWh) | vs National | Avg Monthly Usage | Avg Monthly Bill |
|---|---|---|---|---|
| Residential | 32.11¢/kWh | +76.8% | 489 kWh | $157 |
| Commercial | 21.33¢/kWh | +47.4% | 3,342 kWh | $713 |
| Industrial | 14.24¢/kWh | +47.7% | 109,559 kWh | $15,600 |
| National Avg — Residential | 18.16¢/kWh | — | 1,152 kWh | $209 |
| National Avg — Commercial | 14.47¢/kWh | — | 7,661 kWh | $1,108 |
| National Avg — Industrial | 9.64¢/kWh | — | 81,834 kWh | $7,890 |
Electricity Providers in Maine
Utility data from EIA Form 861, 2024
How Deregulated Electricity Works in Maine
Maine deregulated its electricity market in 1997. The system operates with three components: power companies generate electricity (generation), utilities maintain high-voltage lines (transmission), and your local utility (Central Maine Power Co, Versant Power) delivers electricity to your home (distribution).
You can choose your electricity supplier from 15 competing providers. If you don't select a supplier, you automatically receive default service through your utility at a regulated rate.
How to Switch Electricity Companies in Maine
- 1Review your current contract terms and check for early termination fees
- 2Compare available rates from 15 suppliers serving your area
- 3Choose a plan and sign a Letter of Authorization
- 4Your new supplier handles the transfer with your utility (Central Maine Power Co, Versant Power) — your service is not interrupted
- 5Your new rate takes effect in the next billing cycle
When is the Best Time to Switch Energy Providers in Maine
The best times to switch providers in Maine typically include:
- Before peak seasons (summer) when you can lock in lower rates
- When your current contract is nearing expiration
- During off-peak months when providers offer competitive promotions
- After comparing rates during market downturns
Types of Electricity Plans in Maine
Fixed-rate plans
Consistent rates throughout your contract term, making budgeting easier. Early termination fees may apply.
Green energy plans
Power your home with 100% renewable sources while supporting clean energy goals.
Time-of-use plans
Different rates based on when you use electricity, with lower costs during off-peak hours.
Variable-rate / prepaid plans
Flexibility without long-term commitments, though rates may fluctuate monthly based on market conditions.
Power Outages in Maine
18 customers currently without power in Maine
Frequently Asked Questions
The average residential electricity rate in Maine is 32.11¢ per kWh. Commercial customers pay an average of 21.33¢ per kWh and industrial customers pay 14.24¢ per kWh.