Versant Power
About Versant Power
Versant Power supplies electricity to 6 counties and is considered an investor owned entity. The average residential electricity price for customers of Versant Power is roughly 16.19 cents per kilowatt hour, which is 20.83% above the national average rate of 13.40 cents. This ranks the supplier 2699th out of 2922 companies in the US for lowest average electricity price. In 2020 they sold 237,056 megawatt hours through wholesale channels to other electricity companies. The electricity sourced by Versant Power is made up of primarily wholesale purchased megawatt hours, with 1,498,496 procured by the company. In 2020, they made a total of $251,245,100 from business activities relating to the sale and transfer of electricity. They had revenue of $193,350,400 coming from retail sales to end users and $4,007,300 from wholesale electricity sales.
The average residential power bill for a customer of Versant Power is $85.49 per month. The provider currently does not generate their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end customers.
Customers of Versant Power can participate in net metering solutions, which is a positive for both parties. Net metering makes solar panel installation more economically viable as it gives the ability for people to sell electricity into the grid.
Versant Power Rate & Electric Bills
Versant Power residential electric rates are highest in January and the highest average bill is in January.
Historical Electric Rates:
Versant Power Overview
- Company Type:Investor Owned
- Parent Company:ENMAX
- Headquarters:21 Telcom Drive
Bangor, Maine 04401
United States of America - CEO:John Flynn
Versant Power Contact
- Website:www.versantpower.com
- Customer Service Phone:(855) 363-7211
- Contact Page:www.versantpower.com
- Social Media:
Versant Power Service
- Rates & Plans:www.versantpower.com
- Outage Map:kubra.io
- Outage Phone:(207) 973-2000
- States Served:
- Maine
- Counties Served:
- Penobscot County
- Aroostook County
- Hancock County
- Waldo County
- Washington County
- Major Cities Served:See all cities
- Table Of Contents:
Versant Power Coverage Map
Versant Power State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Maine | 149,400 | 187,411,428 | 4 | 100% |
Versant Power County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Aroostook County | 67,055 | 4 | 15.59 | $89.74/mo |
| Hancock County | 54,987 | 2 | 18.41 | $101.97/mo |
| Penobscot County | 152,148 | 3 | 18.17 | $98.81/mo |
| Piscataquis County | 16,785 | 2 | 18.33 | $101.81/mo |
| Waldo County | 39,715 | 2 | 17.82 | $100.86/mo |
| Washington County | 31,379 | 2 | 18.00 | $95.52/mo |
Cities Versant Power Has Coverage
- Bangor, ME
- Belfast, ME
- Brewer, ME
- Calais, ME
- Caribou, ME
- Eastport, ME
- Ellsworth, ME
- Old Town, ME
- Presque Isle, ME
* City coverage generated based on government data. Always verify you can get service from the provider.
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Versant Power FAQ:
What company is Versant Power owned by?
Versant Power is a subsidiary of ENMAX.
How much is the average bundled bill for Versant Power customers each month?
The average monthly bundled electric bill for customers of Versant Power is $85.49. The state average bundled bill is $96.87 and the US average is $96.87.
Who is the CEO of Versant Power?
The current CEO of Versant Power is John Flynn.
How many counties does Versant Power provider electricity to?
There are 6 counties that receive at least some electricity coverage by Versant Power.
What is the phone number for Versant Power?
The Versant Power phone number is (855) 363-7211.
What is the average bundled electricity rate for Versant Power customers?
Consumers of Versant Power, on average, have an electricity bundled rate 16.19 cents per kilowatt hour (¢/kWh).
What cities does Versant Power provider electricity in?
Versant Power provides electricity in 9 cities throughout the country.
