WattBuy’s Guide toElectricity in
Electricity in
Maine
Here's the average monthly bill, usage, and carbon footprint of residents in Maine
January
$850highestFebruary
$775March
$513April
$327May
$253June
$238lowestJuly
$265August
$249September
$246October
$285November
$311December
$689Carbon Emissions
438 lbs CO₂
Monthly Usage
1,585 kWh
Maine's energy comes from Natural Gas, Hydroelectric, Wind, and Solar. Natural Gas is the largest source of electricity, providing 32% of Maine's energy. Hydroelectric is the second largest source, making up 26%. Wind provides 26% of the energy in Maine. Solar provides 16% of the energy in Maine.
32%
Natural Gas
26%
Hydroelectric
26%
Wind
16%
Solar
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
629 kWh
Energy generated by average sized system
$12,090
Average system cost
(after federal incentive)
7 years
Payback period
Net metering policies in Maine can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
There are a variety of electricity plans available to residents of Maine. The following companies provide electricity plans in the state:
Maine Public Service Co has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| HOME ECO RATE Time-Of-Use | TOU | 5¢ to 13¢ |
| Residential Service | Fixed | 12¢ |
| HOME HEATING ECO RATE | Fixed | 3¢ to 12¢ |
| HOME ECO RATE WITH BONUS METER Time-Of-Use | TOU | 3¢ to 46¢ |
| HOME HEATING ECO RATE (NEW INSTALLATIONS) | Fixed | 3¢ to 12¢ |
Houlton Water Company has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| GENERAL RESIDENTIAL SERVICE | Fixed | 13¢ to 16¢ |
Versant Power has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| RESIDENCE SERVICE RATE | Fixed | 16¢ |
| HOME HEATING ECO RATE | Fixed | 6¢ to 16¢ |
| HOME ECO RATE (Time-Of-Use) | TOU | 8¢ to 17¢ |
| RESIDENCE WATER HEATING RATE | Fixed | 16¢ |
| HOME ECO RATE WITH BONUS METER (Time-of-Use) | TOU | 6¢ to 50¢ |
CMP has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| RESIDENTIAL SERVICE - TIME-OF-USE | TOU | 9¢ to 17¢ |
| RESIDENTIAL LOAD MANAGEMENT SERVICE | TOU | 2¢ to 23¢ |
| RESIDENTIAL SERVICE – ELECTRIC TECHNOLOGY RATE | Fixed | 10¢ |
| RESIDENTIAL SERVICE | Fixed | 13¢ |
| RESIDENTIAL SERVICE | Fixed | 1¢ to 25¢ |
Matinicus Plantation Elec Co has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service | Fixed | 30¢ |
Madison Electric Works has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type |
| ETS (Electric Heat Thermal Storage) Rate | Fixed |
| Residential | Fixed |
Eastern Maine Electric Coop has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service | Fixed | 7¢ to 15¢ |
| Seasonal Residential Service | Fixed | 7¢ to 15¢ |
Van Buren Light & Power Dist has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Rate | Fixed | 10¢ |
Fox Islands Electric Coop, Inc has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Peak Period Service | Fixed | 33¢ |
| Residential Service | Fixed | 36¢ |
Kennebunk Light & Power Dist has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service | Fixed | 8¢ to 12¢ |
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