Compare Massachusetts Electricity Prices
Residential and business customers in Massachusetts pay some of the highest retail electricity rates compared to the national average. However, they also have the option to compare providers in the energy market and find the best Massachusetts electricity prices. Whether you are interested in fixed, variable, prepaid plans, or renewable energy, there are likely available competitive rates in your area that fit your needs.
Compare Electricity Rates in Massachusetts
Massachusetts Energy Market Data
Despite using relatively small amounts of energy (8th lowest usage in the US), Massachusetts residents pay the highest average retail price for power in the continental United States. According to the Energy Information Administration (EIA), the current average residential rate in Massachusetts is 18.61¢/kWh, almost 8 cents above the US national average of 10.54 ¢/kWh. What’s behind the high prices?
Massachusetts has few natural resources to draw from so the state has to import its electricity from elsewhere. In addition, Massachusetts energy companies have been steadily raising default electricity rates to pay for new power plants and energy infrastructure. In 2020, Unitil received approval to increase rates by $2.7 million, lifting the average monthly residential bill by $8.
Last updated October, 2021
When you switch energy companies, your local utility will continue to deliver electricity safely to your door through the state power lines. The only thing that will change will be the supply portion of your energy bill – which will now have the name of your new electricity supplier and a better supply rate!
Energy Deregulation in Massachusetts
In March 2005, the Massachusetts Department of Public Utilities approved plans to allow customers the option to buy their electricity supply from companies other than their local utility company. As residents of a state where retail energy is deregulated, Massachusetts customers are able to switch electricity suppliers and choose the best energy provider with a better offer. If you don’t yet belong to the 500,000 residents and business owners who switched, now is as good a time as any. Massachusetts electricity prices have been steadily rising since 2014.
Energy Switch Massachusetts
To help customers take advantage of cheaper energy, an official state energy choice program called Energy Switch Massachusetts was created. In it, residents can compare Massachusetts retail electricity rates in their zip code, get more information about the deregulated energy market and licensed energy providers and if they find a good deal, sign up for a new Massachusetts electricity rates plan.
Like Energy Switch Massachusetts, ElectricRate also allows you to find a lower electricity supply rate. However, apart from being able to compare available Massachusetts energy rates, residents can access additional benefits.
|Switch to your new service in a few clicks - When you enter your zip code on ElectricRate, you will not only see all rates, with the cheapest deals displayed on the top of the list, but you can also sign up immediately with just a few clicks.|
|All the information you need in one place - As customers, we all like excellent customer service and extras. That's why at ElectricRate, we carefully review all major suppliers and compile information about customer support hours, ratings, and extra benefits that they provide, such as attractive referral programs, complementary goods, and value-add services.|
|Get the support you need: Our team at ElectricRate is ready to provide ongoing support to customers, including helping you choose the plan that best fits your lifestyle, notifying you when your plan is about to expire and any additional support you might need. All you need to do is give us a call at 1-888-307-9636 or email [email protected]|
Energy Plans in Massachusetts
Energy plans are like shoes. One size does not fit all. Navigating through complex information about power rates can be confusing and can ultimately deter you from shopping for a better deal. Below is all you need to know about the different energy products that power companies offer to Massachusetts residents:
|Plan||Description||What's Good?||What's Bad?|
|Time of Use Tariffs||You pay a different rate based on the time of day (higher rates during peak hours and lower rates during non-peak hours)|| |
|Renewable Energy Credits (RECs)||By purchasing 1 REC, you purchase the environmental benefits of 1MWh of renewable energy generation.|| |
|Green / Renewable Energy Plans|| |
|Prepaid Plans||This plan lets you pre-purchase power for your home at a set price, like a prepaid cell phone.|| |
|Variable Rate Plans||Your per-unit gas and electricity costs can vary at the discretion of your supplier.||
|Fixed Rate Plans||Your unit price for gas and electricity will remain the same for the duration of the plan.||
How To Choose The Right Plan For Your Home
Switching to a new energy supplier might seem complicated, but we promise you – it isn’t! Follow these simple steps to find competitive rates in Massachusetts:
Analyze Your Current Costs
Look at the electric supply charges on your utility bill, which will be expressed in cents per kilowatt-hour. This number is called your Price to Compare and your primary objective is to find a plan with a lower number.
Review Your Current Contract and Plan
Switching suppliers in Massachusetts can be costly if you are the type of person that tends to skim through the fine print in your contract. For example, if you are currently on a fixed-rate electricity plan, there might a penalty from your energy provider for switching out too early – check if you are able to switch without a fee.
Compare Energy Plans
Use our online search and shopping tool to see available electric rates for your zip code. Find the electricity provider with the lowest rate and if you like what you see, you can sign up right there and then! A pro tip – We all like good customer service. That’s why at ElectricRate.com, we only promote rates from New York’s reputable power providers, based on their prices, electricity plans, customer service, and extras! Before you sign up, read our review of your new retail electric provider to avoid surprises.
Switching Electricity Plans in Massachusetts
To change Massachusetts electricity and natural gas suppliers, you only need your zip code, a most recent energy bill, and about 5 minutes of your time. The process is as follows:
- Enter your zip code on our website
- Find your monthly energy usage in your most recent bill
- Compare rates from other energy providers for a similar energy usage
- Sign up for a new electricity plan and start saving money
The change will be automatic and you won’t have to do anything else.
Alternative Energy Solutions in Massachusetts
Massachusetts has a long history of promoting renewable energy and alternative energy technologies – it has surpassed the 2020 renewable generating capacity targets and its residents can benefit from various incentive programs, such as the Solar Massachusetts Renewable Target (SMART) Program to benefit from clean energy. What other sources are used?
|Solar energy - By March 2019, Massachusetts installed 2,254 megawatts of solar PV capacity, ranking fifth nationally. Massachusetts residents can take advantage of various options to install solar - from federal tax credits to a fixed, low-interest loan to install a PV panel. |
|Wind energy - The state has 129 wind projects, with 113 megawatts of wind-powered generating capacity, however, the legislature set a target to raise this number to 3,200 megawatts by 2035. Some electric suppliers offer 100% green energy plans sourced fully from the state-produced wind farms.|
Cow energy - Interestingly enough, Massachusetts pioneers an energy generation process, that creates electricity through an anaerobic digester fed to cows with food scraps and manure. Next time you are in Massachusetts, stop by Rutland’s Jordan Dairy Farm, where owners burn cows’ manure to produce electricity.
Energy Companies in Massachusetts
The main energy companies that have traditionally served Massachusetts are the National Grid and NSTAR and WMECo, the former two consolidating under Eversource Energy in 2015, turning the giant utility provider into a Fortune 500 company. Unitili is a smaller, interstate provider, crossing the states of Massachusetts, Maine, and New Hampshire. If one of these companies is your utility provider, you can compare their standard tariff (also known as Price to Compare) to other Massachusetts electricity rates available in your zip code.
Formerly called NSTAR, Eversource Energy is New England’s largest utility company, delivering energy to 1 million residents including Boston and 81 surrounding communities such as Barnstable, Plymouth, New Bedford, and Edgartown. The utility company’s current default residential rate is 11.79¢/ kWh.
Eversource Western Massachusetts Electric Co. supplies power to over 210,000 customers in the Western part of the state, such as the counties of Berkshire, Franklin, Hampden, and Hampshire. The utility company’s current default residential rate is 10.71¢/ kWh.
National Grid (MECO)
National Grid serves over 1.2 million electricity customers throughout Massachusetts including Brockton, Worchester, Franklin, Marlborough, Southbridge, Newbury Port, North Adams, and others. The utility company’s current default residential rate is 12.39¢/ kWh.
Unitil (Fitchburg Gas & Electric)
Unitil is an interstate local utility company, serving approximately 107,100 electric customers and 85,600 natural gas customers in Maine, Massachusetts, and New Hampshire. The utility company’s current default residential rate is 10.98¢/ kWh, having increased more than 18% in December 2020.
Understanding Your Massachusetts Electric Bill
There are two main charges on your Massachusetts electricity bills – supply charges and a transmission & delivery service (TDS) charge. Understanding what they both mean will give you more control over your spending on electric utilities and can even inspire you to find lower Massachusetts electric prices.
Utility Delivery Charges
This portion of the bill helps to cover the cost of delivering electricity from the generation site over the high and low-voltage lines safely to your door, which is the responsibility of your energy company. The utility delivery rate is fixed – it’s driven by your electric distribution company and you can’t shop for a better one in the deregulated energy market.
Energy Supply Charges
The supply charges of your energy bill cover the cost of generating electricity. This could, for example, be the cost of operating a nuclear power plant or the cost of setting up a solar or a wind farm. In states with energy deregulation, such as Massachusetts, you can choose among competitive suppliers who offer a better price per kilowatt-hour, than your current one.
Below are answers to some of the burning questions you might have about Massachusetts electricity rates:
Would switching providers be worth it?
In general, the average electricity rates in deregulated energy states (where you can shop for an energy supplier) are lower than in regulated states (where only electric utilities are allowed to supply your power) thanks to increased competition. However, switching energy companies in Massachusetts will only be worth it if your new Price to Compare is lower than your current electric rate. Also, be aware that if you are locked in a fixed-rate term plan, there might be a cancellation fee if you decide to switch early.
How can I get my electricity bill cheaper?
One sure way to lower your utility costs is to reduce your energy usage. Some appliances in your home, such as air conditioners are energy guzzlers! There are many benefits to conserving energy – potential savings, improved quality of life, and even a hike in your property price. But don’t end there. In Massachusetts, all residents have the right to sign up with a new provider and find the best electric rate. You can compare available rates by entering your zip code on ElectricRate – we review all major suppliers in your state, whether you are after a fixed-rate plan, a variable-rate, or alternative energy credits.
What is the cost of electricity in Massachusetts?
According to the U.S. Energy Information Administration (EIA). the average retail Massachusetts electric price is 18.61 ¢/kWh. The reason for such high prices is that Massachusetts must import electricity from other states, due to the scarce natural resources, adding to the overall cost. However, Massachusetts residents looking to lower their bills can choose an alternative energy plan from a retail energy supplier by entering their zip code.
What is the current cost of electricity and does the number change?
The state utility companies are often changing their default electricity rates. In 2020, nearly all U.S. utilities filed rate hike proposals to be approved by their respective state regulatory commissions. If you choose a competitive Electric Service Company (ESCO), you can avoid these rate increases by locking in a cheaper rate.