Versant Power is an investor owned organization operating in the state of Maine, including cities like Bangor, Orono CDP, Presque Isle, Brewer, and Ellsworth. On average, Versant Power bills their patrons a residential electricity rate of 17.10 cents per kilowatt hour, which is 2.72% above the state's average rate of 16.64 cents. This ranks the supplier 30th out of 67 companies in Maine for lowest average electricity price. In 2019 they sold 233,348 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 1,662,537 procured by the company. In 2019, they made a total of $269,905,600 from business activities relating to the sale and transfer of electricity. They had revenue of $226,612,000 coming from retail sales to end users and $5,212,300 from wholesale electricity sales.

About Versant Power

The average residential power bill for a customer of Versant Power is $89.66 per month. Encouragingly, the company achieved a reduction in CO2 emissions of 18.42% over the last year. Versant Power is the 6th (out of 67) worst polluting electricity provider in Maine and 459th (out of 3511) highest in the US.

Versant Power Net Metering

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 November.

Historical Electric Rates:

Price Per kWHAverage Bill$0.209/kWh$0.153/kWh$121.69/mo.$76.41/mo.
2971st17.10¢Versant Power's Average residential price per kWh
867th$89.66Average monthly electric bill for Versant Power's residential customers

Versant Power Overview

  • Company Type:Investor Owned
  • Parent Company:ENMAX
  • Headquarters: PO Box 932
    Bangor, Maine 04402
    United States of America
  • CEO:John Flynn

Versant Power Contact

Versant Power Service

  • Outage Map:kubra.io
  • Outage Phone:(207) 973-2000

Quick Facts About Versant Power

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Versant Power participates in the wholesale electricity market, purchasing electricity generated by other providers and then reselling to their customers.

Energy provider of the year for Maine, Major Provider Category
Top 3 Lowest Energy Loss
Maine, Major Provider Category
Claim Award

Versant Power Coverage Map

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Versant Power State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
Maine149,185184,461,5654100%

Versant Power County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Aroostook County67,055412.57$74.87/mo
Hancock County54,987213.65$79.50/mo
Penobscot County152,148314.19$79.56/mo
Piscataquis County16,785213.74$80.05/mo
Waldo County39,715214.38$84.07/mo
Washington County31,379214.64$79.07/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 bill for Versant Power customers each month?

The average monthly electric bill for customers of providerInfo.name is $89.66. The Maine average bill is $96.01 and the United States average is $96.01.

What cities does Versant Power sell electricity to?

Versant Power provides electricity to 9 cities.

What is the average electricity rate for Versant Power customers?

Consumers of Versant Power, on average, have an electricity rate 17.10 cents per kilowatt hour (¢/kWh).

How many counties does Versant Power supply electricity to?

Versant Power offers service to customers in 6 countiesUS.

What is the phone number for Versant Power?

You can reach Versant Power by phone via (855) 363-7211.

Who is the CEO of Versant Power?

The current CEO of Versant Power is John Flynn.

Last Reviewed By: Nick Reese
Published: 2021-03-16Last Updated: 2021-10-11