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The average cost of electricity in Maine ? ing to the Energy Information Administration (EIA) ? hovers around 23.03 cents per kilowatt-hour, making it one of the most expensive areas in New England for power. Companies offering renewable energy plans range between 11.48 cents and 18.8 cents per kWh.

The Average Electricity Rate in the U.S. is 16.11 cents per kilowatt-hour. Hawaii has the highest average electricity rate of 41.74 cents per kilowatt-hour.

The reduction will be in effect until the end of the year when the commission will set a new rate for January 2024. In total, the commission said CMP customers can expect a 3.2% bill increase, a 9.3% increase for Bangor-Hydro customers, and Maine Public customers can expect an 11.1% bill increase.

How do I decide what ESCO is right for me? Switching to an ESCO begins with comparing prices and services offered by the ESCOs in your area. ... Always review the terms and conditions (such as contract length, special fees, deposits, etc.)

For residential and small non-residential customers of CMP, the Standard Offer price will be 17.63 cents per kWh effective January 1, 2023.

But Bartlett said the driving force behind the substantial increases is the state's net-energy billing program, which is meant to encourage renewable power generation. A portion of those incentives are financed by the stranded costs.

The Community Eligibility Provision (CEP) provides an alternative approach for offering school meals to local educational agencies (LEAs) and schools in low income areas instead of collecting individual applications for free and reduced price meals.