State electricity profile · 2024

Massachusetts Electricity

Residential electricity in Massachusetts runs 29.35¢/kWh, 78.1% above the US average. Commercial, industrial, and generation-mix detail below, all from EIA filings.

29.35¢/kWh
Residential rate
+78.1%
vs US average
31%
Renewable
2.9M
Customers

Verify with EIA → · Methodology

Residential electricity in Massachusetts costs 29.35¢/kWh (2024), 78.1% above the national average. 31.1% of electricity comes from renewable sources. The state serves 2.9M residential customers.

What Massachusetts's Electricity Data Tells Us

Residential customers in Massachusetts pay 29.35¢/kWh in 2024, spread across 2.9M metered households, placing the state 78.1% above the national residential average of 16.48¢/kWh. Commercial rates sit at 20.90¢/kWh while industrial buyers pay 18.19¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. Annual residential sales total 20.0M MWh on roughly $5867.8M in utility revenue, a useful yardstick for sizing local demand against the grid mix that serves it.

The generation mix is led by natural gas at 62.8% of in-state production, with solar providing 24.0% and other supplying 3.6%. Renewable fuels, solar, wind, hydro, geothermal, and biomass, collectively account for 31.1% of Massachusetts's electricity output, a figure that matters because each renewable megawatt-hour displaces fuel costs that otherwise flow through to retail bills. A portfolio this clean typically carries lower marginal generation costs once capacity is built, though transmission upgrades can offset part of the saving.

Looking back across EIA records, residential prices in Massachusetts moved from 19.00¢/kWh in 2016 to 29.35¢/kWh in 2024, a 54.5% shift over that window. Comparable-priced neighbors include Connecticut, Rhode Island, California, which gives a peer set for sanity-checking local quotes. For anyone negotiating a supplier contract, weighing an energy-efficiency upgrade, or modeling a household budget, the combination of current rate, multi-year trend, and generation mix offers a sturdier footing than any single data point on its own.

+78.1%

vs the US residential average

4%

of states have higher residential rates

31%

renewable share, above the US mix

2.9M

residential customers served

How Massachusetts compares

Residential
Massachusetts 29.35¢
US average 16.48¢
+78% vs benchmark
Commercial
Massachusetts 20.90¢
US average 12.75¢
+64% vs benchmark
Industrial
Massachusetts 18.19¢
US average 8.13¢
+124% vs benchmark

Cents per kWh, EIA Form 861. Pick a benchmark above to compare Massachusetts against the US average or a peer state.

Residential Price History

Year Price Change
2024 29.35¢/kWh -0.9%
2023 29.61¢/kWh +14.0%
2022 25.97¢/kWh +13.5%
2021 22.89¢/kWh +4.2%
2020 21.97¢/kWh +0.2%
2019 21.92¢/kWh +1.4%
2018 21.61¢/kWh +7.7%
2017 20.06¢/kWh +5.6%
2016 19.00¢/kWh

Energy Generation Mix

How Massachusetts generates its electricity. Renewable sources account for 31.1% of generation.

Natural Gas 62.8%
Solar renewable 24.0%
Other 3.6%
Hydro renewable 3.4%
Biomass renewable 3.0%
Pumped Storage 1.9%

+ 2 other sources

Massachusetts Generation Mix

Natural Gas62.8Solar24Other3.6Hydro3.4Biomass3Pumped Storage1.9
Massachusetts Generation Mix

Market Overview

Residential Revenue

$5867.8M

Commercial Revenue

$4908.1M

Residential Sales

20.0M MWh

Residential Customers

2.9M

Frequently Asked Questions

How much does electricity cost in Massachusetts?
Residential electricity in Massachusetts costs 29.35¢/kWh (2024), which is 78.1% above the national average. Commercial rate: 20.90¢/kWh. Industrial rate: 18.19¢/kWh.
How much of Massachusetts's electricity is renewable?
Renewable sources account for 31.1% of Massachusetts's electricity generation (2024). The top source is natural gas at 62.8%.
Are electricity prices going up in Massachusetts?
From 2016 to 2024, residential electricity in Massachusetts changed from 19.00¢/kWh to 29.35¢/kWh (+54.5%).
What are commercial and industrial electricity rates in Massachusetts?
Commercial electricity in Massachusetts costs 20.90¢/kWh and industrial costs 18.19¢/kWh (2024).
What is the cheapest energy source in Massachusetts?
Massachusetts's electricity generation is led by natural gas at 62.8% of the mix, followed by solar at 24.0% (2024). Nationally, natural gas and renewables like wind and solar tend to have the lowest marginal generation costs.
Where does RateWatt's Massachusetts electricity data come from?
All electricity price and generation data comes from the U.S. Energy Information Administration (EIA), the official federal statistics agency for energy data. Data is updated annually.

Data Sources

Electricity price and generation data from the U.S. Energy Information Administration (EIA) (2024). Prices in cents per kilowatt-hour (kWh). Revenue in dollars. Sales in megawatt-hours.

Generation mix data shows the share of each fuel source used to produce electricity in Massachusetts. Renewable sources include solar, wind, hydroelectric, geothermal, and biomass.

Related

Source: U.S. Energy Information Administration, Electricity (Retail Sales and State Electricity Profiles). See our methodology for details. Retrieved and formatted by RateWatt Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Energy Information Administration (EIA). Consult a qualified professional before making decisions based on this data.