MAINE MONITOR • April 26, 2025
Between 2014 and 2024, the average retail price for electricity in Maine increased by the third highest rate in the country, according to an analysis by The Maine Monitor, surpassed only by California and Massachusetts. The average retail price of electricity in Maine during the 10-year period rose from 12.65 cents/kWh to 19.62 cents, according to data collected by the federal Energy Information Administration. That’s an increase of 55 percent. At the same time, the average retail price of electricity in the US rose from 10.44 cents/kWh to 12.99, or 24 percent.