Electricity Rates in Massachusetts
Average residential electricity cost, utility comparison, and solar savings potential for Massachusetts homeowners.
Massachusetts Electricity Cost Overview
The average residential electricity rate in Massachusetts is $0.26 per kWh, which is 63% above the national average of $0.16/kWh.Massachusetts homeowners pay an average of $210 per month for electricity, based on typical usage of 806 kWh per month.
Massachusetts electricity rates are among the highest in the U.S., regularly exceeding $0.25/kWh. Combined with strong solar incentives and SMART program payments, solar provides exceptional value.
Major Electric Utilities in Massachusetts
| Utility Company | Avg Rate ($/kWh) | Customers | Est. Monthly Bill |
|---|---|---|---|
| National Grid | $0.27 | 1.3M | $218 |
| Eversource Energy | $0.26 | 1.4M | $210 |
| Unitil | $0.24 | 110K | $193 |
Massachusetts has a deregulated electricity market, which means you can choose your electricity supplier. Shopping for a competitive rate can lower your bill.
How Solar Compares to Massachusetts Electricity Rates
Without Solar
- Monthly bill: $210
- Annual cost: $2,520
- 25-year cost: $63,000
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $168
- Annual savings: $2,016
- 25-year savings: $42,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Massachusetts
The average residential electricity rate in Massachusetts is $0.26 per kilowatt-hour (kWh), which is 63% above the national average of $0.16/kWh. The average monthly electric bill is approximately $210.
With solar panels, Massachusetts homeowners can reduce their electricity costs by approximately 80%, saving around $168 per month or $42,000 over 25 years. The 30% federal tax credit further reduces the upfront cost.
The largest electric utilities in Massachusetts include National Grid, Eversource Energy, Unitil. Rates vary between utilities, so your exact cost depends on your provider and usage.
Yes, electricity rates in Massachusetts have been increasing over time, following national trends of 2-5% annual increases. This upward trend makes solar panels an increasingly attractive investment since they lock in your energy costs for 25+ years.
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