Electricity Price History in Maine
Electricity cost depends on monthly usage and your state's rate. Below are historical rate trends and price change metrics for Maine. Data comes from EIA residential retail sales.
Current rate
27.24 ¢/kWh
1-year increase
+15.9%
5-year increase
+84.0%
Price Trend
Summary
Electricity prices in Maine have increased 84.0% over the past 5 years. One year ago the rate was 26.21¢/kWh; it is now 27.24¢/kWh. Five years ago the rate was 16.52¢/kWh.
More Data & Comparisons
- Electricity cost in Maine — Rates, value score, affordability
- Average electricity bill in Maine — Monthly and annual bill estimates
- Electricity cost calculator for Maine — Usage-based estimates
- Full Maine knowledge page — Rates, value score, affordability, trends
- All states price history
Frequently Asked Questions
- How much have electricity prices increased in Maine?
- Electricity prices in Maine have increased 84.0% over the past 5 years. The 1-year increase is 15.9%. The annualized 5-year increase is approximately 13.0% per year.
- Why do electricity prices change?
- Electricity prices change due to fuel costs (natural gas, coal, renewables), transmission and distribution investments, regulatory policies, demand patterns, and weather. State-level rates also reflect local generation mix and market structure.
- Are electricity prices rising faster than inflation?
- It varies by state and period. The U.S. Bureau of Labor Statistics reports that electricity prices have often risen faster than overall inflation in recent years due to grid modernization, renewable mandates, and fuel cost volatility. Compare your state's annualized increase to CPI inflation.