Portland, Maine Electricity Rates & Plans

Portland, Maine electricity rates - plans that match your needs

Enter your zip code to compare Portland electricity rates and plans and see available electric companies.

Enter your ZIP code




Electricity Providers in Portland, Maine

Home to an estimated 68,420 citizens, Portland ranks as the most populated city in Maine.

Competition is rife in the deregulated electricity market in Portland. Customers can compare providers who provide the electricity to the area. It is Portland residents who benefit in this competition as they get to enjoy competitive energy plans at the lowest feasible prices. Fly-by-night electricity suppliers, unfortunately, are being emboldened by the competitive nature of Portland’s deregulated energy market, often taking advantage of new customers, baiting them with sketchy advertising and questionable marketing tactics.

With FindEnergy.com, it’s easy to avoid these less-than-legitimate energy companies. Please feel free to go to FindEnergy.com and search for the information you require on the various suppliers that operate in Portland, Maine. You can connect with dependable energy providers through the Find Energy website.

With Find Energy, you can be sure about your energy purchasing decisions—enter your zip code, and we’ll send you the most competitive energy plans in the Portland area. Take a look at the top picks for providers in Portland in this list.

Portland, ME Residential Electricity Rates

Residential

Portland Averages

Rate25.94¢
Usage544 kWh
Bill$141

Maine Averages

Rate27.68¢
Usage560 kWh
Bill$155

United States Averages

Rate15.64¢
Usage849 kWh
Bill$133

Residential electricity rates in Portland, Maine are at an average of 25.94 cents per kWh. You can put this side-by-side to both the statewide and national average rates that are currently at 27.68 cents for every kWh and 15.64 cents for every kWh respectively.

You’ll be paying an average of $141.22 for electricity each month if you’re residing in Portland, Maine. Currently, $154.86 and $132.69 are the current state and nationwide monthly electricity bill average, respectively.

Your electricity bill may be different depending on the amount of electricity you consume each month. This is a common point of confusion for many energy consumers, as not everybody knows how various electricity consumption levels can affect individual energy plans.

We show the TOS of every plan we include on our website to ensure there will not be any confusion for those using our marketplace. Make sure you read the Terms of Service (TOS) when shopping for a new energy plan. You can think of your energy plan’s Terms of Service in a similar fashion to the nutrition labels you find on food items; only you’re getting valuable electricity information such as the terms, conditions, and price information of your energy plan, instead of nutrition information.

Our team has already researched Terms of Service of various electricity offerings available in the Portland area. Simply go to FindEnergy.com to locate valuable energy information—conditions, terms, prices. etc.—on the best energy offerings and the most reputable energy companies in your area.

Energy shopping doesn’t have to be difficult—type in your zip code to get the ball rolling. Use our website to get access to Portland’s most reputable energy providers and their most compelling residential energy plans.

You can find some of the most compelling residential energy plans being offered in your location in the following list.

Portland, Maine Residential Electricity Plans

Residential

Portland, ME Commercial Electricity Rates

Commercial

Portland Averages

Rate17.44¢
Usage31,994 kWh
Bill$5,578

Maine Averages

Rate21.79¢
Usage1,979 kWh
Bill$431

United States Averages

Rate12.11¢
Usage5,602 kWh
Bill$678

You’ll be paying an average of 17.44 cents for every kWh for your commercial electricity if you’re a business owner in Portland. The average business electricity rate statewide is 21.79 cents per kWh; while the current average commercial electricity rate countrywide is 12.11 cents per kilowatt-hour.

The average monthly electricity bill in Portland is $5,578.48. Current state and countrywide monthly energy bills average $431.14 and $678.34 respectively.

For companies of all sizes, electricity bills commonly make up a big portion of the costs needed. While your monthly residential electricity bill may not be a significant cost for your family, the average business electricity usage is 12 times that of an apartment or house. While frequently not considered, decreasing monthly electricity costs can have a pivotal role in reducing overall expenses. With high usage, savings of even a cent or two per kilowatt hour will add up to substantial savings.

If you're spending $3,000 a month or more on electricity, Find Energy can help you secure customized energy pricing from the most reliable energy companies in your area.

You may be able to shave 15% to 25% off of your electricity expenses if you buy your next electricity plan through the Find Energy marketplace.

Our website features the most up-to-date energy information on the most compelling commercial energy plans available to Portland business owners. Secure a new business energy plan with Find Energy—go to our marketplace by entering your zip code.

If you're a business owner or manager in Portland, you might want to check this shortlist of the best business energy plans available in your location below.

Portland, Maine Commercial Electricity Plans

Commercial

If you are on the fence about shopping for deregulated electricity rates, the following are a few key considerations you may want to keep in mind:

  • Your establishment may save thousands via a fixed-rate plan - Almost every single plan on our marketplace is a fixed rate plan, as it is our opinion that these types of electricity plans are best for many people. Fixed rate plans enable consumers to know just how much they will pay per kilowatt-hour each month and provide them the ability to secure the most attractive rates in the market, even when the price of electricity skyrockets.
  • The switching process is seamless as there is no service interruptions - Once you secure a brand new plan, you get a bill with your new electricity supplier's name on it. Your utility company doesn't change and electricity keeps flowing the entire time.
  • You'll save money without wasting time - Once you submit your information, Find Energy will take care of all of the work for you. Depending on the size of your establishment, we will show you the lowest available rates in your location. For companies with a large enough bill, we will also start the process to receive custom pricing from the the most reliable electricity service providers serving your location.
  • No need to call your existing electric supplier - There is no need for a “break up” call with your existing supplier if you are not under contract. If you haven't signed a contract with an electricity supplier, the entire process can be handled by our staff. If you're not sure, however, we can confirm it for you as well. If you are under contract, we still may be able to save you money, so contact us!
  • Free quotations without obligation - Shop. Review your options. And allow Find Energy to get you the most attractive plans for your company. It doesn't get any more straightforward than that! If you don't like the prices you receive from Find Energy, then you don't have to do anything. You canjust remain on with your current service. Only switch if it makes sense.

Find Energy is committed to finding you the best deals in your area. To get started, just enter your zip code and answer the following questions.

Portland, ME Utility Company

Central Maine Power is charged with transmitting electricity in your location. Citizens of Portland can report power failures or any other concerns to Central Maine Power.

If you want to get in touch with Central Maine Power, you can reach them at (800) 696-1000. Central Maine Power can be reached on the internet through Central Maine Power's official website here.

Portland, Maine Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.304/kWh$0.143/kWh$190.14/mo.$65.08/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.304/kWh$0.143/kWh$190.14/mo.$65.08/mo.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


Shop Electricity Providers by Zip Code in Portland, ME

  • 04103
  • 04101
  • 04102
  • 04108
  • 04050
  • 04109
  • 04019

Portland, Maine Electricity FAQs

FAQ

How many providers are in Portland?

At the moment, there are 4 electricity suppliers offering electricity in Portland.

What electric utility company does Portland, Maine use?

Here are some of the top electricity companies in Portland:

Who offers the lowest electricity plans in Portland?

Here you can find the cheapest electricity plans currently for sale in Portland:

ProviderRate (¢/kWh)
Major Energy Electric Services14.75

How do I find a green electricity plan in Portland?

Using Find Energy, you can find a 100% Green electricity plan without hassle. Just shop for electricity deals that feature the 100% Green label.

How do I choose an electricity provider in Portland?

The easiest way to shop for an electricity provider in Portland is to use Find Energy in evaluating the different rates currently on the market. Alternatively, you can visit the individual websites of each supplier and research what prices they have to offer. We'd start with these providers:

What is the most affordable electricity company in Portland?

Major Energy Electric Services is presently selling a residential power plan priced at 14.75 cents per kWh, which is the most affordable power plan we currently carry in our marketplace.

What is a good electricity rate in Portland?

The best rate available in Portland is 14.75 cents per kWh, currently sold by Major Energy Electric Services.

Nick Reese
Last Reviewed By: Nick Reese
Published: 2024-04-08