Electricity Rates, Plans & Statistics
About Versant Power
Versant Power is an investor owned company supplying electricity in 5 different counties throughout Maine including Penobscot County, Aroostook County, Hancock County, Washington County, and Piscataquis County. The company has 128,529 residential customer accounts, 23,496 commercial customers and 87 industrial accounts. On average, Versant Power's patrons spend 21.47 cents per kilowatt hour for their residential electricity, which is, sadly, 52.17% above the average US price of 14.11 cents. About 1,254,824 megawatt hours were sold by the provider to retail customers in 2020 and 237,056 megawatt hours were sold to other providers via whole channels. Of the megawatt hours they sourced, 1,498,496 megawatt hours were obtained via the wholesale electricity market. The total revenue for the company in 2020 from electricity sales was $251,245,100, with $193,350,400 coming from retail sales to end users and $4,007,300 from wholesale electricity sales.
Customers of the supplier pay an average monthly residential electricity bill of $116.02. This is 7.88% lower than the US average bill of $125.95. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it at a higher rate to end consumers.
Versant Power, thankfully, offers net metering choices to their consumers. Installation of solar panels and alternative electricity sources is often prohibitively priced for residents. Net metering allows purchasers of these electricity sources to sell excess wattage back into the grid, making the installation of these alternative sources financially possible.
Versant Power Rate & Electric Bills
Versant Power residential electric rates are highest in January and the highest average bill is in October.
Historical Electricity Rates:
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Versant Power Overview
- Company Type:Investor Owned
- Parent Company:ENMAX
- Headquarters:21 Telcom Drive
Bangor, Maine 04401
United States of America
- CEO:John Flynn
Versant Power Contact
Versant Power Service
- States Served:
- Counties Served:
- Penobscot County
- Aroostook County
- Hancock County
- Washington County
- Piscataquis County
- Major Cities Served:See all cities
- Table Of Contents:
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Versant Power Coverage Map
Versant Power State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Versant Power County Coverage
Cities Versant Power Has Coverage
- Bangor, ME
- Bar Harbor CDP, ME
- Brewer, ME
- Caribou, ME
- East Millinocket CDP, ME
- Eastport, ME
- Ellsworth, ME
- Fort Fairfield CDP, ME
- Fort Kent CDP, ME
- Hampden CDP, ME
- Lincoln CDP, ME
- Machias CDP, ME
- Madawaska CDP, ME
- Milford CDP, ME
- Millinocket CDP, ME
- Milo CDP, ME
- Old Town, ME
- Orono CDP, ME
- Presque Isle, ME
- Van Buren CDP, ME
- Veazie CDP, ME
- Winterport CDP, 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 cities does Versant Power provider electricity to?
Versant Power has customers in 22 cities.
What is the phone number for Versant Power?
Versant Power's customer service phone number is (855) 363-7211
What is the average bundled electricity rate for Versant Power customers?
Customers of Versant Power, on average, have an electricity bundled rate 21.47 cents per kilowatt hour (¢/kWh).
What is the average bundled bill for Versant Power customers each month?
Consumers of Versant Power pay, on average, a monthly bundled bill of $116.02.
How many counties does Versant Power sell electricity to?
Versant Power offers service to customers in 5 counties in the country including Maine.
What company is Versant Power owned by?
Versant Power is owned by ENMAX.
Who is the CEO of Versant Power?
John Flynn is the CEO of Versant Power.