Utilities listed
6
Maine, 2025
Homes counted
749 thousand
Residential customers
Average price
27.69 cents
Per kWh, Maine
Average bill
$147.67
Per month
Utilities serving Maine homes
| Utility | Type | Homes in ME | Cents per kWh | Monthly bill |
|---|---|---|---|---|
| Central Maine Power | Investor-owned | 584,462 | 27.41 | $147.32 |
| Versant Power | Investor-owned | 137,839 | 30.15 | $149.54 |
| Eastern Maine Electric Cooperative | Cooperative | 10,808 | 19.36 | $100.74 |
| Kennebunk Light and Power District | Municipal | 6,723 | 13.46 | $102.75 |
| Houlton Water | Municipal | 3,907 | 14.16 | $109.33 |
| Town of Madison | Municipal | 2,447 | 15.01 | $106.49 |
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Homes in ME counts only the customers in this state. Price and bill cover the utility's whole territory and bundled customers only. Delivery only means the utility carries power but does not sell it.
Who owns Maine's electric companies
| Type | Utilities | Homes in ME | Share of homes |
|---|---|---|---|
| Investor-owned utility | 2 | 722,301 | 96.8% |
| Municipal utility | 3 | 13,077 | 1.8% |
| Electric cooperative | 1 | 10,808 | 1.4% |
Each type is run differently. An investor-owned company answers to shareholders and a state commission. A municipal utility answers to a city. A cooperative answers to its members. That is why the same state can have very different prices and service from one address to the next.
What Maine utilities charge, by type
| Type | Utilities with a price | Average cents per kWh |
|---|---|---|
| Investor-owned utility | 2 | 27.91 |
| Municipal utility | 3 | 13.94 |
| Electric cooperative | 1 | 19.36 |
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Customer-weighted average of the prices utilities report for bundled residential service. It leaves out delivery-only customers and retail providers.
Outside the investor-owned companies, the largest municipal utility is Kennebunk Light and Power District (6,723 homes), and the largest electric cooperative is Eastern Maine Electric Cooperative (10,808 homes).
Price differences between types come from costs, customer density and the way each type is financed, so a lower average does not decide which is better for your home.
Utilities with full profiles
These Maine utilities are among the 600 largest in the country, and each has a profile with its service area, reliability and rate options.
How Maine compares
The statewide average residential price is 27.69 cents per kWh and the average bill is $147.67 a month. See the full breakdown, rankings and neighbors on the Maine electricity rates page. Among utilities with at least 10,000 bundled residential customers, average prices ran from 19.36 cents at Eastern Maine Electric Cooperative to 30.15 cents at Versant Power.
Can you switch electric companies in Maine?
Households can buy supply from a competitive provider, and Central Maine Power or Versant Power still delivers it. Households that do not choose are placed on standard offer service. Read the Maine electricity providers guide. Regulation and complaints go through the Maine Public Utilities Commission.
Find yours
Not sure which one serves you?
Maine electric company questions
Who is the largest electric company in Maine?
Central Maine Power serves the most residential customers in Maine, about 584 thousand homes in 2025 (EIA Form EIA-861).
How many electric utilities are there in Maine?
EIA lists 6 electric utilities with residential customers in Maine for 2025. Most households are served by a handful of the largest ones.
Which Maine utility has the lowest average price?
Among Maine utilities with at least 10,000 bundled residential customers, Eastern Maine Electric Cooperative had the lowest average residential price in 2025 at 19.36 cents per kWh and Versant Power had the highest at 30.15 cents. Prices reflect the utility's costs and customer mix, so a lower price does not mean better service.
Can I choose my electric company in Maine?
Partly. Households can buy supply from a competitive provider, and Central Maine Power or Versant Power still delivers it. Households that do not choose are placed on standard offer service.