Compare Maine’s lowest electricity rates
| Plan Name | Plan Length | Rate* |
|---|---|---|
| Clearview Energy - ValueAssurance24 | 0 months | $0.197/ kWh |
| Clearview Energy - ValueAssurance12 | 0 months | $0.205/ kWh |
| Clearview Energy - ValueAssurance6 | 0 months | $0.254/ kWh |
Please note: All rates above are accurate as of 12/17/2025, 10:37:25 AM CST for ZIP Code 04330. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
Maine price to compare
In Maine, if you do not sign up for an energy plan on your own, your utility company will enroll you in an electric plan with a default rate. This rate is also called the standard offer rate or price to compare (PTC). It is subject to change and can vary depending on which utility company serves your area.
- The price to compare for Central Maine Power is currently 13.1239 cents per kilowatt-hour (kWh).
- The price to compare for Versant Power (Bangor Hydro Electric) is 18.142 cents per kWh.
Types of energy plans in Maine
Types of energy plans in Maine
You will find a variety of energy plan options when shopping around the Choose Energy marketplace. The right one for you depends on your energy habits and preferences. Review the following to help you decide which plan type fits your home and lifestyle.
- Fixed-rate plans: These plans lock in the same energy rate for the full contract term, which typically ranges from 12 to 36 months. Fixed rates offer stability and more predictable bills, but usually come with fees if you cancel your plan early. This plan type is best for those who want long-term rate protection and can commit to a contract.
- Variable-rate plans: Variable rates can change each month based on the wholesale energy market, which means your rate fluctuates. They offer more flexibility and typically don’t require a long-term contract or cancellation fees. Variable-rate plans have more risk, but can provide short-term value when the market prices are low.
- No-deposit and prepaid plans: You may qualify to skip the upfront deposit on a fixed-rate plan if you have a high credit score. Alternatively, consider other no-deposit options, such as a prepaid plan. With these plans, customers prepay for their electricity and refill their accounts as needed.
- Renewable energy plans: Green energy plans are the same as traditional electric plans, but your provider purchases renewable energy certificates (RECs) to offset your usage with clean power. These credits support renewable sources like wind and solar energy. Green plans are a good fit for those who want to support clean energy.
Understanding deregulation in Maine
The Pine Tree State deregulated its energy market in 1995, opening up more options for consumers and increasing competition between energy suppliers in Maine. Deregulation lets you choose which company supplies your power and pushes providers to offer better rates and customer service.
You can lock in affordable energy bills by choosing the right electric company in Maine. Rates are often lower in the spring and fall when demand drops, making it a great time to lock in a low fixed rate.
When you enroll in a plan from an energy supplier, the company will contact your utility to set up services. Your utility still delivers the power to your home and charges distribution fees, while your chosen electric company provides the plan. You can shop and compare the best Maine electricity providers by entering your ZIP code on the Choose Energy marketplace.
Electricity suppliers in Maine
An energy provider is a company that sells you power and manages your account. The following lists a few Maine energy suppliers to consider:
The cheapest electricity supplier in Maine depends on where you live and which plan options are available. You can find the lowest rates by entering your ZIP code and sorting the results from high to low.
Utility providers in Maine
Your utility company is responsible for maintaining the power lines and infrastructure. If there is a power outage, customers must call their power utility company. Here are the two utilities in Maine:
Average electric bill in Maine
The average monthly electricity bill in Maine for residential customers is $153.89. We calculated this electric bill by multiplying the average energy usage in Maine of 550 kWh by the current electric rate of 27.98 cents per kWh, from the Electricity Information Administration (EIA). This is about 1.3% lower than the national average bill of $155.94 per month.
Find the right energy plan with Choose Energy
Choose Energy can help you find the best energy provider in Maine and secure cheap electricity. To compare rates and plans, follow these steps:
- Enter your ZIP code: Browse and compare available rates and plans in your area.
- Pick a plan: Once you select a plan, call or sign up online in minutes.
- Enjoy your choice: Your new supplier will reach out to the utility to coordinate your service. Enjoy the savings from your new plan.
Frequently asked questions about Maine energy
How long does it take to switch energy providers?
Switching power companies in Maine is a quick and easy process, but the exact timing varies. Some companies offer same-day service, while others require you to schedule the switch in advance.
How can I lower my electric bill?
You can lower your electric bill by making simple efficiency upgrades, reducing your overall consumption, and switching to a low-rate plan on the Choose Energy marketplace.
Where do I find my plan documents?
You can find your plan details in your energy plan’s Terms of Service (TOS) document.