Who Is The Cheapest Electricity Supplier In Maine

Consolidated Communications has the cheapest energy rates for a renewable energy plan in Maine — the Energy Rewards plan with a six-month contract term comes in at just 11.48 cents per kilowatt-hour (kWh). You can click below to see a side-by-side comparison of the energy prices from the top Maine electric companies.

Maine Energy Rates

In 2000, Maine deregulated the energy market, which gave all Maine residents an energy choice and let each homeowner select the electric supplier they felt was best for their needs and budget. The average cost of electricity in Maine — according to the Energy Information Administration (EIA) — hovers around 23.03 cents per kilowatt-hour, making it one of the most expensive areas in New England for power.1 Companies offering renewable energy plans range between 11.48 cents and 18.8 cents per kWh.

Your cost of electricity will depend both on the electric supplier that produces the energy you consume and the utility that delivers energy to your home via the power lines. While you can choose your supplier, you can’t choose your utility company. Most customers are serviced by the utilities Central Maine Power Company (CMP) and Versant Power (specifically in the Bangor Hydro District), so delivery rates don’t vary much throughout the state. The company that supplies your energy can cause more drastic rate fluctuations.

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Compare Electricity Rates in Maine

The table below includes a side-by-side comparison of some of the top energy plans from popular electric suppliers in Maine, including the standard offer price. As a website focused on sustainable solution, EcoWatch strives to promote clean energy, so we will exclude companies that don’t offer renewable energy plans. We’ll discuss the benefits of renewable energy plans further below.

Plan Name Term (months) Plan Rate (¢/kWh) Ambit Energy Green Plan 12 12 16.5 cents Ambit Energy Green Plan 24 24 16.75 cents CN Brown Energy Green Choice 7 7 13.53 cents CN Brown Energy Green Choice 24 24 14.73 cents Consolidated Communications Energy Rewards 24 Month Fixed Wind 24 12.49 cents Consolidated Communications Energy Rewards 6 Month Fixed Wind 6 11.48 cents SmartEnergy 6 Month Plan 6 18.8 cents Think Energy Think Clean 12 12 16.1 cents Think Energy Think Clean 18 18 15.7 cents Think Energy Think Clean 24 24 15.5 cents

*Rates will vary based on your public utility; you’ll see the rates above if your utility is Central Maine Power Company (CMP). Rates are subject to change.

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