Independent profile. Kilowatt Atlas is not affiliated with Versant Power, does not use its logo or branding and cannot take payments, start service or look up accounts. Figures come from public federal data for 2025.
Residential customers
138 thousand
137,839 homes
Average price
30.15 cents
Maine average 27.69
Average bill
$149.54
Per month at 496 kWh
Price rank
3 of 3
Lowest to highest in Maine
Versant Power rates and average bill
Versant Power reported 131,540 residential customers on bundled service in 2025, using 496 kWh a month on average at 30.15 cents per kWh. Bundled means the utility supplies the energy and delivers it, so the price covers both. Among the 3 Maine utilities with at least 10,000 bundled residential customers, Versant Power ranks 3 from the lowest price.
| Average | Cents per kWh | kWh per month | Monthly bill |
|---|---|---|---|
| Versant Power | 30.15 | 496 | $149.54 |
| Maine (all utilities) | 27.69 | 533 | $147.67 |
| United States | 17.23 | 874 | $150.68 |
Another 6,299 residential customers use Versant Power for delivery only and buy their energy from a different supplier. EIA reports their delivery revenue at about 19.27 cents per kWh, or $81.09 a month, which does not include the supply price.
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data), sales to ultimate customers. Price is revenue divided by sales and includes fixed charges.
Service area
EIA lists the counties where Versant Power has distribution equipment. That covers 6 counties in Maine. A county can be served by more than one utility, so confirm your address with the utility or your bill.
Maine (6 counties)
Aroostook, Hancock, Penobscot, Piscataquis, Waldo, Washington
Not sure who serves your address? Use find my electric company.
Reliability
For 2025, Versant Power reported an average of 223 minutes without power per customer and 1.91 interruptions per customer, with major event days left out. The typical interruption lasted about 117 minutes. For comparison, the median state averaged 127 minutes of outage per customer.
Versant Power had about 96 more minutes of outage per customer than the median state. The Maine figure across its utilities was 192 minutes. One interruption lasting 117 minutes and 1.91 interruptions a year per customer add up to the 223 minute total.
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data), reliability schedule, measured under IEEE 1366. Utilities define events slightly differently, so compare with care.
Rate options and rooftop solar
- Time-of-use pricing. Versant Power does not report a residential time-of-use program in its 2025 EIA filing. Ask the utility, because programs change. How time-of-use rates work.
- Rooftop solar and net metering. EIA shows 2,487 residential net-metered systems on the Versant Power grid in 2025, with 18.3 megawatts of capacity. How net metering works.
Who owns and regulates it
A private company owned by shareholders. A state commission reviews its costs and sets or approves its rates in formal rate cases. In Maine, that review is done by the Maine Public Utilities Commission.
Versant Power is an investor-owned utility based in Maine.
Versant Power operates in the ISONE power market. Power markets set wholesale costs, but your retail rate is set by the rules described above.
Versant Power compared with Maine
Of the 6 utilities listed for Maine, Versant Power is the 2nd largest by homes, at roughly 18.4% of the state total. Maine has too few other investor-owned utilities with reported prices to compare Versant Power with its type, so the state average of 27.69 cents per kWh is the fairest yardstick. At $149.54 a month, an average Versant Power home pays about $22 a year more than the Maine average of $147.67, and uses 37 kWh a month less. Versant Power lists distribution equipment in 6 counties, so check your county and your bill before you assume it serves you. 2,487 of its residential customers use net metering, or 18.0 per 1,000 homes, against 27.4 for Maine as a whole.
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Peers are other utilities of the same type in Maine with at least 1,000 residential customers and a reported price.
Other Maine utilities
| Utility | Type | Homes | Cents per kWh |
|---|---|---|---|
| Versant Power | Investor-owned | 137,839 | 30.15 |
| Central Maine Power | Investor-owned | 584,462 | 27.41 |
| Eastern Maine Electric Cooperative | Cooperative | 10,808 | 19.36 |
| Kennebunk Light and Power District | Municipal | 6,723 | 13.46 |
| Houlton Water | Municipal | 3,907 | 14.16 |
| Town of Madison | Municipal | 2,447 | 15.01 |
See every one on the electric companies in Maine page.
Official site and where to get help
Kilowatt Atlas is not Versant Power and does not take payments, start service or manage accounts. To pay a bill, report an outage or start service, use the website, app or phone number printed on your bill. Be careful with search ads and lookalike sites that offer to pay your bill for a fee.
- Want to understand a line on your bill? Read how to read your electric bill.
- Think your bill is high? Try the bill checker.
- Maine allows retail choice in part or all of the state. See the provider guide.
Versant Power questions
What is the average residential electric rate for Versant Power?
Versant Power residential customers on bundled service paid an average of 30.15 cents per kWh in 2025, with average use of 496 kWh a month and an average bill of $149.54 (EIA Form EIA-861). The Maine average was 27.69 cents.
How many customers does Versant Power have?
EIA reports about 137,839 residential customers for Versant Power in 2025.
Who regulates Versant Power?
A private company owned by shareholders. A state commission reviews its costs and sets or approves its rates in formal rate cases. See the regulator for Maine on the Maine state page.
How reliable is Versant Power?
For 2025, Versant Power reported an average of 223 minutes of outage per customer and 1.91 interruptions per customer, excluding major event days (IEEE 1366). Utilities measure outages in slightly different ways, so compare with care.