Matinicus Plantation Electric Company

About Matinicus Plantation Electric Company

Matinicus Plantation Electric Company is headquartered in Matinicus, Maine and it serves the residents that call the city home. The company recently disclosed a total of 136 total customers. Each of which is a residential property. Customers of Matinicus Plantation Electric Company spend, on average, 50.24 cents per kilowatt hour for their residential electricity. Sadly for their customers, this rate is above both the state and the national average rates of 16.58 and 13.26 cents per kilowatt hour, respectively. The company had sales of 212 megawatt hours in 2019 sold to end users. Of the megawatt hours they sourced, 217 megawatt hours were obtained on the wholesale electricity market. In 2019, the supplier had revenue of $106,000 from retail electricity sales. This was the entirety of the electricity related revenue for the company.

The United States average monthly residential power bill is $117.93, while the Matinicus Plantation Electric Company average is 46.48% lower at $63.11 per month. The supplier is not associated with any power facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other providers.

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 Electric Rates:

Price Per kWHAverage Bill$0.502/kWh$0.500/kWh$64.95/mo.$63.11/mo.
2959th50.24¢Matinicus Plantation Electric Company's Average residential price per kWh
144th$63.11Average monthly electric 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
  • CEO:Kim Peabody

Matinicus Plantation Electric Company Contact

Matinicus Plantation Electric Company Service

    Energy provider of the year for Maine, Mid-Sized Provider Category
    Top 3 Lowest Average Residential Monthly Bill
    Maine, Mid-Sized Provider Category
    Claim Award

    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 County39,772330.02$93.90/mo

    Matinicus Plantation Electric Company Reviews

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    Matinicus Plantation Electric Company FAQ:

    What is the phone number for Matinicus Plantation Electric Company?

    You can reach Matinicus Plantation Electric Company by phone via (207) 366-3970.

    Who is the CEO of Matinicus Plantation Electric Company?

    Kim Peabody is the current CEO of Matinicus Plantation Electric Company.

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

    Matinicus Plantation Electric Companys current average bundled electricity rate is 50.24 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 16.58 cents and the average US rate of 13.26 cents.

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

    Customers of Matinicus Plantation Electric Company pay, on average, a monthly bundled bill of $63.11.

    Last Reviewed By: King Manalo
    Published: 2021-03-16Last Updated: 2022-01-04