Massachusetts · Investor Owned
Massachusetts Electric Co Electricity Rates
Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.
- 33.60¢
- Avg residential price / kWh
- 526.4K
- Residential customers
- +19.1%
- vs Massachusetts average
- $1,985
- Implied avg annual bill
Massachusetts Electric Co charged an average of 33.60¢ per kWh to residential customers in 2024 - above the Massachusetts average and far above the US average.
Massachusetts Electric Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is above the Massachusetts customer-weighted average (+19.1%). Its customers used well below the national residential norm at about 5,909 kWh a year each.
How this price compares
Ranked by price against the 27 utilities reporting residential rates in Massachusetts, Massachusetts Electric Co comes 25th of 27. The state's range runs from Town of Hudson - (MA) at 13.39¢ to Fitchburg Gas & Elec Light Co at 40.08¢, so where a household sits inside Massachusetts depends far more on which utility serves it than on the statewide average alone.
Against the 3 other investor owned utilities reporting in Massachusetts, which averaged 35.03¢, Massachusetts Electric Co is close to its own ownership class within the state (-4.1%).
All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 27 reporting utilities.
Where Massachusetts Electric Co sits among Massachusetts utilities
2024 average residential price across the 27 utilities reporting a rate in Massachusetts
33.60¢/kWh 8th affordability percentile More affordable than 8% of 26 other utilities
average residential price, equal-width bands
Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.
Source EIA Form 861 · 2024
| Benchmark | Price / kWh | Difference |
|---|---|---|
| Massachusetts Electric Co | 33.60¢ | - |
| Massachusetts (customer-weighted, 27 utilities) | 28.21¢ | +19.1% |
| United States average | 16.48¢ | +103.9% |
| Investor Owned utilities nationally (183) | 17.36¢ | +93.5% |
Rate against consumption: Massachusetts utilities
Scale and consumption
Massachusetts Electric Co reported 526.4K residential customers, ranking 1st of 27 utilities in Massachusetts by customers served and covering 41.2% of the state's reported residential customers.
Dividing reported residential sales by customers served gives about 5,909 kWh per customer per year - well below the national residential norm, implying a typical annual bill near $1,985.
Within Massachusetts the median reporting utility sells about 8,321 kWh per customer, so Massachusetts Electric Co customers use -29.0% against their own state's middle. Consumption this light usually tracks denser housing, gas heating or a milder service territory, which softens the bill impact of a high per-kWh price.
Every utility reporting in Massachusetts
All 27 utilities reporting bundled residential service in Massachusetts, largest first, with Massachusetts Electric Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.
| Utility | Ownership | Customers | Avg ¢/kWh |
|---|---|---|---|
| Massachusetts Electric Co (this page) | Investor Owned | 526.4K | 33.60¢ |
| NSTAR Electric Company | Investor Owned | 383.4K | 29.91¢ |
| Sunrun Inc. | Behind the Meter | 57.2K | 24.62¢ |
| City of Taunton | Municipal | 35.7K | 21.46¢ |
| Town of Reading - (MA) | Municipal | 27.4K | 15.86¢ |
| City of Chicopee - (MA) | Municipal | 23.2K | 16.16¢ |
| City of Peabody - (MA) | Municipal | 22.5K | 15.71¢ |
| Tesla Inc. | Behind the Meter | 19.2K | 16.10¢ |
| Sunnova | Behind the Meter | 16.9K | 23.80¢ |
| City of Westfield - (MA) | Municipal | 16.2K | 17.59¢ |
| Town of Shrewsbury - (MA) | Municipal | 15.7K | 14.27¢ |
| City of Holyoke - (MA) | Municipal | 15.0K | 16.58¢ |
| Town of Middleborough - (MA) | Municipal | 14.9K | 15.84¢ |
| Town of Braintree - (MA) | Municipal | 14.0K | 15.79¢ |
| City of Norwood - (MA) | Municipal | 13.6K | 17.67¢ |
| Town of North Attleborough - (MA) | Municipal | 12.6K | 15.91¢ |
| Town of Danvers | Municipal | 11.6K | 16.45¢ |
| Town of Hudson - (MA) | Municipal | 11.4K | 13.39¢ |
| Town of Wellesley - (MA) | Municipal | 9.4K | 16.20¢ |
| Town of Mansfield - (MA) | Municipal | 9.4K | 15.16¢ |
| Town of Littleton - (MA) | Municipal | 6.7K | 14.12¢ |
| Fitchburg Gas & Elec Light Co | Investor Owned | 6.2K | 40.08¢ |
| Spruce Finance | Behind the Meter | 3.4K | 14.86¢ |
| Nantucket Electric Co | Investor Owned | 2.1K | 35.11¢ |
| EverBright, LLC | Behind the Meter | 1.4K | 21.09¢ |
| SunPower Capital, LLC | Behind the Meter | 1.4K | 19.95¢ |
| Palmetto Solar, LLC | Behind the Meter | 52 | 20.28¢ |
For generation mix and price history statewide, see electricity rates in Massachusetts.
Common questions about Massachusetts Electric Co rates
- How much does Massachusetts Electric Co charge per kWh?
- Massachusetts Electric Co reported an average residential price of 33.60¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
- Is Massachusetts Electric Co expensive compared with the rest of Massachusetts?
- Its average residential price is above the Massachusetts customer-weighted average of 28.21¢ per kWh, a difference of +19.1%. The state figure is weighted by customers across the 27 utilities reporting residential service in Massachusetts.
- What is the average electricity bill for Massachusetts Electric Co customers?
- Dividing reported residential sales by residential customers gives about 5,909 kWh per customer per year. At the reported average price that implies roughly $1,985 a year, or about $165 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
- Who owns Massachusetts Electric Co?
- EIA classifies Massachusetts Electric Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.
What this page does and does not tell you
- An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
- Form 861 presence is not evidence of availability at an address or of customer choice.
See our methodology, why energy prices vary and understanding rate structures.
Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.
Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.