NewInsight: Investor-owned utilities charge 23% more for power

Electricity prices in Maine

What homes in Maine pay for electricity, from EIA.

Headlines

Average price
29.6¢ a kWh
Up 9.7% on a year ago
Average bill
$156 a month
Up 8.1% on a year ago
Average use
528 kWh
A month. US 875 kWh
Price rank
4 of 51
1 is the most expensive

Over the 12 months to August 2026, Maine homes paid 29.6¢ a kWh, against a US average of 18.0¢.

Maine vs the US

MaineUS
Average price, 12 months to August 202629.6¢18.0¢
Price in August 202632.1¢18.2¢
Average monthly bill, 12 months$156$158
Bill in August 2026$157$209
Average monthly use528 kWh875 kWh
Price change, past year+9.7%+6.5%
Price change since 2019+65%+39%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month. Bills peak in summer and winter.

Up to and including August 2026

Natural gas price

Average residential price a thousand cubic feet, by month. Summer prices are high because fixed charges are spread over little gas.

Up to and including August 2026

Utilities in Maine

Past 12 months, utilities with 10,000 homes or more. These utilities serve 92% of homes in Maine; smaller utilities serve the rest.

Central Maine PowerInvestor-owned29.2¢+9.5%$157556,199
Versant PowerInvestor-owned32.9¢+12%$157133,343
Eastern Maine Electric CooperativeCooperative22.0¢+20%$11410,827

Heating fuels in Maine: heating oil, propane.