Today's Eversource Energy electric rates for Massachusetts
Plan Name | Plan Length | Rate* |
---|---|---|
Constellation - 12 Month Home Power Plan | 12 months | $0.138/ kWh |
Constellation - 24 Month Home Power Plan | 24 months | $0.148/ kWh |
Constellation - 24 Month Green Home Power Plan | 24 months | $0.149/ kWh |
Please note: All rates above are accurate as of 11/22/2024, 2:43:13 PM CST for ZIP Code 02114. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
Today's National Grid electric rates for Massachusetts
Plan Name | Plan Length | Rate* |
---|---|---|
Constellation - 12 Month Home Power Plan | 12 months | $0.138/ kWh |
Constellation - 24 Month Home Power Plan | 24 months | $0.145/ kWh |
Direct Energy - Go Green Lights 12 | 12 months | $0.146/ kWh |
Constellation - 24 Month Green Home Power Plan | 24 months | $0.149/ kWh |
Direct Energy - Go Green Lights 18 | 18 months | $0.152/ kWh |
Smart Energy - Green 6 Month Fixed Rate | 6 months | $0.176/ kWh |
Please note: All rates above are accurate as of 11/22/2024, 2:43:13 PM CST for ZIP Code 01915. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
Average Massachusetts electricity rates in October 2024
Electricity rates in Massachusetts change on a monthly and sometimes daily basis. Based on the most recent data from the Energy Information Administration (EIA), the average residential electricity rate in Massachusetts is 28.15 cents per kilowatt-hour (kWh). That’s about 42% higher than the national average of 16.41 cents per kWh.
Commercial electricity rates vary by state and tend to be lower than residential rates. The average commercial electricity rate in Massachusetts is 20.91 cents per kWh, 37% higher than the U.S. average rate of 13.1 cents per kWh.
Types of energy plans in Massachusetts
It’s important to understand the various types of plans available when shopping for electricity and natural gas in Massachusetts. Here are the most common ones:
- Fixed-rate plans: With a fixed-rate plan, you pay a set price for the duration of your contract. This price remains constant despite any changes in the energy market. However, if you cancel before the contract ends, you’ll pay an early termination fee.
- Variable-rate plans: Variable-rate plans fluctuate with demand shifts in the energy market, leading to varying monthly prices. However, you can terminate your plan anytime you wish.
- Prepaid and no-deposit plans: Many providers require a credit check and a deposit before setting up service. To avoid the deposit, some providers offer no-deposit plans. A popular no-deposit option is the prepaid plan, which lets you pay for energy upfront. You will receive alerts about your remaining account balance throughout the month.
- Renewable energy plans: Many electricity providers in Massachusetts offer renewable energy options for consumers. Some companies offer renewable energy credits (RECs) to offset your home’s environmental footprint, while others source 100% green energy from solar energy and other sustainable sources.
Your electric supply rate in Massachusetts will depend on your chosen plan, falling into one of these categories. It‘s important to review the Terms of Service (TOS) of any plan you are considering to understand all its components.
If you do not purchase energy from an independent provider, you will automatically be enrolled in the basic service supply provided by your local utility or gas company. Enter your ZIP code to compare electric rates in Massachusetts.
Massachusetts electric companies
Energy suppliers
In Massachusetts, energy suppliers and utility companies have different responsibilities. Energy suppliers sell electricity and handle billing. Residential and business customers can choose from various energy suppliers operating in Massachusetts, including Constellation Energy, Direct Energy, Clearview Energy, and others.
Utility providers
Your local utility company, also known as a Transmission Distribution Utility (TDU), is responsible for delivering power to your home, maintaining electrical infrastructure, and responding to power outages. Customers can buy electricity from their local TDU or an alternate energy supplier. Eversource Energy is one of the largest utility companies in Massachusetts. National Grid, UNITIL, and various other gas utilities also operate across the state. Your utility is based on where you live, so you can’t choose it.
Current price to compare
The Massachusetts deregulated energy market lets you choose your energy provider instead of being restricted to the local utility company. Utilities have a default rate called the Price to Compare (PTC), which you can compare with rates from Massachusetts energy suppliers to find the most competitive electricity rate. Check the following table for current Massachusetts Price to Compare rates. Enter your ZIP code on our marketplace to compare today’s lowest electric rates in Massachusetts.
Utility | Price to Compare | PTC Valid Thru |
---|---|---|
National Grid | 16.06 ¢ per kWh | 31-Jan-25 |
Eversource- NSTAR | 15.77 ¢ per kWh | 31-Jan-25 |
UNITIL | 19.30 ¢ per kWh | 31-Jan-25 |
Eversource-WMECO | 14.02 ¢ per kWh | 31-Jan-25 |
Average electric bill in Massachusetts
The average monthly residential electricity bill in Massachusetts is currently $162.43 per month. This is calculated using the average electric rate of 28.15 cents per kWh and the state’s typical energy usage of 577 kWh per month.
Understanding deregulation in Massachusetts
Massachusetts deregulated its energy market in 1997, giving residents and businesses the option to choose their own electric suppliers and plans. Deregulation encourages competition between suppliers and often drives down electricity prices.
Massachusetts residents and business owners can use the free Choose Energy marketplace to find and compare affordable electricity rates, plans, and suppliers. If you are interested in finding current cheap electric rates in Massachusetts, enter your ZIP code to explore how deregulation can help you save.
Find the right energy plan with Choose Energy
Choose Energy is an online energy marketplace dedicated to helping customers make the most of their energy choices nationwide. We aim to simplify the energy shopping process by partnering with top electricity suppliers and helping you find today’s best Massachusetts energy rates. Here’s how it works:
- Enter your ZIP code. Compare plans and recent rates in your area to find the best option. Our online marketplace is free and easy to use.
- Pick a plan. Once you find the best plan, you can sign up online or over the phone in a few minutes. Or, you can call one of our experts to walk you through the process.
- Enjoy your choice. Your new provider will handle the setup for you without interrupting your service.
Frequently asked questions about Massachusetts energy
How long does it take to switch energy providers?
Switching providers is quick and effortless with Choose Energy. You can compare plans and sign up in a matter of minutes. Your new service usually begins on your next billing cycle (typically within 30–60 days), but some providers may offer same-day electricity. Once you’re enrolled in a plan, your new provider will coordinate with your old supplier and transition your service without interruption.
What happens if I don’t choose an energy supplier?
If you don’t sign up with an energy supplier in Massachusetts, you’ll automatically be enrolled in an energy plan through the utility at the default rate, otherwise known as the price to compare. The PTC is often higher than the electric rates you can find through alternative suppliers.
Is a deposit required for my energy plan?
To start service, energy providers often require a deposit from customers with lower credit scores. However, you can filter your search results by selecting no-deposit plans to find alternative options.
How can I lower my electric bill in Massachusetts?
There are many ways to lower your electric bill, including properly maintaining your HVAC and upgrading to more energy-efficient appliances. One of the most straightforward ways to lower your electric bill is by reducing your energy consumption. You can also explore cheaper rates on the Choose Energy marketplace.