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
- FL size
Florida Power & Light Co
5,236,277 residential customers
- CA rate 307,982
San Diego Gas & Electric Co
307,982 residential customers
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.
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
- MA
NSTAR Electric Company
30 ¢/kWh
- CA
Southern California Edison Co
32 ¢/kWh
- this util
Massachusetts Electric Co
34 ¢/kWh
- CT
United Illuminating Co
34 ¢/kWh
- NY
Consolidated Edison Co-NY Inc
36 ¢/kWh
What this shows Massachusetts Electric Co reports 33.60¢/kWh, corpus customer-rank 49 of 194.
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
- Implied annual bill against state peers
- 12/100
- State renewable generation context
- 54/100
33.60¢/kWh · median 16.45¢/kWh
$1,985/yr · median $1,454/yr
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
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% |
| 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
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.
| 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.
| 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.