Matinicus Plantation Electric Company

Electricity Rates, Plans & Statistics

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About Matinicus Plantation Electric Company

A total of 136 customers (all of which are residential properties) are supplied electricity by the supplier. The residential electricity rate for customers of Matinicus Plantation Electric Company is, on average, 50.24 cents per kilowatt hour. Regrettably, this is 181.03% above Maine's average rate of 17.88 cents, ranking the provider at 11th out of 11 providers in Maine for best average electricity rate. In 2019 they had retail sales of 212 megawatt hours. The electricity sourced consisted of megawatt hours that they purchased by way of wholesale channels. They purchased 217 on the wholesale market. In 2019, they made a total of $106,000 from business activities relating to the sale and transfer of electricity. All of which came from retail sales to end users.

The United States average monthly residential power bill is $120.98, while the Matinicus Plantation Electric Company average is 47.83% below at $63.11 per month. This is the 121st lowest average monthly bill amount for a provider in the United States. The company currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.

Matinicus Plantation Electric Company Rate & Electric Bills

Matinicus Plantation Electric Company residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.502/kWh$0.500/kWh$64.95/mo.$63.11/mo.
2960th50.24¢Matinicus Plantation Electric Company's Average residential price per kWh
121st$63.11Average monthly electricity bill for Matinicus Plantation Electric Company's residential customers

Matinicus Plantation Electric Company Overview

  • Company Type:Municipal
  • Headquarters:17 South Road
    Matinicus, Maine 04851
    United States of America
  • Director/Superintendent:Kim Peabody

Matinicus Plantation Electric Company Contact

Matinicus Plantation Electric Company Service

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    Matinicus Plantation Electric Company Coverage Map

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    Matinicus Plantation Electric Company State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Maine136103,00012100%

    Matinicus Plantation Electric Company County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Knox County40,6071819.50$112.46/mo

    Matinicus Plantation Electric Company Reviews

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    Matinicus Plantation Electric Company FAQ:

    How much is the average bundled bill for Matinicus Plantation Electric Company customers each month?

    Matinicus Plantation Electric Company currently has an average monthly bundled electric bill of $63.11, compared to the Maine average of $108.14 and the US of $108.14 for bundled service.

    What is the phone number for Matinicus Plantation Electric Company?

    Matinicus Plantation Electric Company's customer service phone number is (207) 366-3970

    Who is the CEO of Matinicus Plantation Electric Company?

    Matinicus Plantation Electric Company's current CEO is Kim Peabody.

    What is the average bundled electricity rate for Matinicus Plantation Electric Company customers?

    Matinicus Plantation Electric Company's current average bundled electricity rate is 50.24 cents per kilowatt hour (¢/kWh), compared to the average Maine bundled rate of 17.88 cents and the average United States rate of 13.67 cents.

    Last Reviewed By: King Manalo
    Published: 2022-08-18