Massachusetts · Investor Owned · investor

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

Among 194 utilities with 100,000 or more residential customers, Massachusetts Electric Co ranks #6 by average cents per kWh and #49 by residential customers. Massachusetts Electric Co charged an average of 33.60¢ per kWh to residential customers in 2024 - above the Massachusetts average and far above the Form 861 US customer-weighted average.

San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. 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.

  • San Diego Gas & Electric Co 43.63¢ · customers rank #90
  • Florida Power & Light Co 5,236,277 customers · price rank #122

Highest average rate is not the most customers

Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers

residential customers
  • FL size
    5,236,277
  • CA rate
    307,982

What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.

Source EIA Form 861 residential survey, latest release. Average cents per kWh and customer counts from the same rows; no tariff or bill is implied. As of 2024

EIA Form 861 utility filing desk

Release MA-2024 · Massachusetts Electric Co WELL ABOVE STATE

Massachusetts Electric Co · Form 861 2024 · WELL ABOVE STATE

  • RATE 33.60¢/kWh
  • RANK #25/27
  • VS-ST +19.1%
  • VS-US +96.3%
  • CUST 526k
  • BILL $1,985
  • OWN IOU
  • PHOTO CT 0.44¢
  • BOOK 49/194

Nearest Form 861 price peer: United Illuminating Co (CT) (+0.44¢ gap)

EIA Form 861 residential filing stamps for this utility record. Read with this utility → · Massachusetts rates

Massachusetts Electric Co in the Form 861 price neighbourhood

Average residential ¢/kWh among this utility and nearest indexable peers

¢/kWh
  • MA
    30
  • CA
    32
  • this util
    34
  • CT
    34
  • NY
    36

What this shows Massachusetts Electric Co reports 33.60¢/kWh, corpus customer-rank 49 of 194.

Source EIA Form 861 residential survey As of 2024
F18/100

RateWatt cost context

How Massachusetts Electric Co compares on reported cost context

A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in Massachusetts; the state generation context is shown separately.

Price against state peers
8/100

33.60¢/kWh · median 16.45¢/kWh

Implied annual bill against state peers
12/100

$1,985/yr · median $1,454/yr

State renewable generation context
54/100

30.8% · median 22.8%

Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.

Rate comparison

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, whose customer-weighted average is 30.10¢, Massachusetts Electric Co is above its own ownership class within the state (+11.6%).

State price distribution

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

Massachusetts Electric Co

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

Massachusetts Electric Co average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
Massachusetts Electric Co 33.60¢ -
Massachusetts (customer-weighted, 27 utilities) 28.21¢ +19.1%
US Form 861 customer-weighted average (1.5K utilities) 17.11¢ +96.3%
Investor Owned customer-weighted US avg (183 utilities) 18.37¢ +82.9%

Rate against consumption: Massachusetts utilities

Each dot is one of the 27 Massachusetts utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Massachusetts Electric Co is highlighted. In Massachusetts the cheapest rate belongs to Town of Hudson - (MA) (13.39¢) while the smallest implied annual bill belongs to Tesla Inc. ($910) - a household's bill is price multiplied by consumption, so the two rankings are different lists. 2×2 strategic matrix plotting 27 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use 050100150 050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 27 Massachusetts utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Massachusetts Electric Co is highlighted. In Massachusetts the cheapest rate belongs to Town of Hudson - (MA) (13.39¢) while the smallest implied annual bill belongs to Tesla Inc. ($910) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

Territory and usage

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 - -29.0% against the Massachusetts median of 8,321 kWh , implying a typical annual bill near $1,985.

State peers

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.

Residential utilities in Massachusetts, 2024, ranked by customers served
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.

Ownership class peers

Investor Owned utilities with similar residential prices

Beyond Massachusetts, these indexable investor owned utilities report the closest residential averages to Massachusetts Electric Co in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.

Same-ownership utilities outside Massachusetts nearest in residential price
Utility State Customers Avg ¢/kWh
United Illuminating Co Connecticut 256.3K 34.04¢
Southern California Edison Co California 3.2M 32.43¢
Consolidated Edison Co-NY Inc New York 2.7M 35.66¢
Connecticut Light & Power Co Connecticut 924.1K 28.51¢
The Narragansett Electric Co Rhode Island 332.5K 28.26¢

FAQ

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, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.

Limitations

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 and why energy prices vary .

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, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.