Electricity in Maine (2026): You Can Choose a Supplier — Most People Shouldn't

Maine deregulated electricity decades ago, but state data shows ten households overpay for every one that saves by switching off Standard Offer.

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On this page
  1. Can You Choose Your Electricity Provider in Maine?
  2. What Electricity Costs in Maine
  3. How Maine's Market Actually Works
  4. The Traps: Auto-Renewal and Fake "Utility" Callers
  5. A Practical Checklist for Controlling Your Bill
  6. Sources

Can You Choose Your Electricity Provider in Maine?

Yes. Maine deregulated its electricity market years ago, and any residential customer can switch supply to one of roughly 60 licensed Competitive Electricity Providers (CEPs). Your utility — Central Maine Power (CMP) or Versant Power — still owns the poles and wires, reads the meter, and handles outages no matter who supplies your power. Switching only changes who charges you for the electricity itself.

Here's the honest verdict, though, and Maine has some of the most damning data of any deregulated state to back it up: a 2026 report prepared for the Maine Electric Ratepayer Advisory Council (ERAC) found that for every one household that saved money by switching to a competitive supplier, ten households ended up paying more. In Washington and Hancock counties, switched customers paid up to 54% more than the state's default rate. Given that the default itself is procured through competitive wholesale bidding, there's little structural room left for a retail marketer to beat it after taking a margin. For most Maine homeowners, the safer move is doing nothing — and putting the real effort into usage, not shopping.

What Electricity Costs in Maine

Maine residential electricity averaged 27.8¢ per kilowatt-hour in 2025 (EIA preliminary data) — one of the higher rates in the country. Here's the long view from federal data, with a projection on the end:

Full Maine electricity price data (1990–2025)
YearMaine (¢/kWh)US avg (¢/kWh)
19909.37.8
199110.58.0
199211.48.2
199311.48.3
199412.38.4
199512.58.4
199612.68.4
199712.88.4
199813.08.3
199913.18.2
200012.58.2
200113.18.6
200212.78.4
200312.48.7
200412.29.0
200513.29.5
200613.810.4
200716.510.7
200816.211.3
200915.611.5
201015.711.5
201115.411.7
201214.711.9
201314.412.1
201415.312.5
201515.612.7
201615.812.6
201716.012.9
201816.812.9
201917.913.0
202016.813.2
202117.013.7
202222.415.0
202327.416.0
202424.316.5
2025 *27.817.3

Source: US EIA, average residential retail electricity price. Values in cents per kWh. * 2025 is preliminary.

That rate is up 110% since 2005, and the last decade alone has moved at roughly 5.9% a year — a pace that compounds faster than most household budgets adjust for. None of that climb is about switching suppliers or not; it reflects regional grid costs, transmission investment, and — increasingly — the volatile wholesale natural-gas prices that get bid into every Standard Offer auction. The practical takeaway is the same regardless of who supplies your power: in a state where every kilowatt-hour costs nearly 28 cents, reducing how much electricity a home actually uses (insulation, heat pumps, sealing, efficient appliances) moves the bill far more reliably than any supplier contract. It's also why rooftop solar pencils out more attractively in Maine than in cheaper-power states — every self-generated kWh is offsetting a genuinely expensive purchase.

How Maine's Market Actually Works

If you never pick a supplier, you're served by the Standard Offer — the default supply for any customer who doesn't affirmatively choose a CEP. Its price isn't set by your utility; it's set by the Maine Public Utilities Commission (MPUC) through a competitive sealed-bid auction among wholesale suppliers, re-set periodically in tranches by customer class and utility. Effective January 1, 2026, CMP's residential Standard Offer jumped from $0.106128/kWh to $0.12721/kWh — about a 20% increase, adding roughly $11 a month for an average 550 kWh household. That jump came from wholesale gas prices and risk premiums the winning suppliers bid into the auction, not from anything a customer did or didn't do.

Maine has no single unified rate-comparison portal like some states' "Power to Choose." The closest thing to an official shopping resource is two sites working together: the Maine PUC's Competitive Electricity Providers list (about 60 licensed suppliers, plus the Choosing a Supplier guidance page), and the Maine Office of the Public Advocate's consumer hub, which runs its own "What to Consider When Choosing a Supplier" page. Treat both as required reading before signing anything — neither one is trying to sell you a plan.

Pro Tip: Before comparing any competitive offer, find your current Standard Offer rate — it's printed on your CMP or Versant bill and posted on the MPUC's Standard Offer Rates page. That's the number every "discount" pitch has to actually beat, in writing, not just imply.

The Traps: Auto-Renewal and Fake "Utility" Callers

Maine's Office of the Public Advocate has repeatedly flagged the same pattern: a supplier signs a customer at a low introductory "teaser" rate, the contract term quietly ends, and the customer is rolled onto a much higher variable rate without clear, renewed consent. The state's most infamous case is "Electricity Maine," which paid a $315,000 penalty and issued as much as $6 million in refunds after regulators found it had switched customers this way. Some door-to-door agents for these plans have also allegedly misrepresented themselves as CMP or Versant employees to get a foot in the door.

Separately, the numbers on competitive supply overall are not encouraging: the average household on a competitive supplier paid over $1,000 a year for supply in 2024 — a 48% increase since 2016 — even as the competitive customer base shrank 16%, evidence of people leaving after getting burned rather than being drawn in by savings.

Warning: Confirm your contract's end date the day you sign it, and calendar a reminder before it expires — proactively contact your supplier or switch back to Standard Offer rather than letting the contract auto-renew onto an unknown variable rate. Never confirm your identity or account details for a door-to-door or phone solicitor claiming to be "from the utility" — verify independently by calling CMP or Versant directly.

A Practical Checklist for Controlling Your Bill

  1. Start from your current Standard Offer rate, printed on your bill — that's the number to beat, not a vague "percent off" claim.
  2. Check the MPUC's Competitive Electricity Providers list and the Public Advocate's guidance page before considering any offer, especially one from a door-to-door or phone solicitor.
  3. Assume Standard Offer is the safer default. The state's own 2026 research shows switching backfires 10-to-1 on average — only a clearly fixed-rate offer, priced below your current Standard Offer and read in full, is worth signing.
  4. If you do switch, get the rate and term in writing, and specifically confirm what happens — and what rate you roll onto — when the contract ends.
  5. Calendar the contract end date immediately, with a reminder before it, so you control the renewal decision instead of an autopilot variable rate.
  6. Put the real effort into usage, not shopping. At 27.8¢/kWh, insulation, air sealing, and an efficient heat pump reduce the bill more reliably than any supplier contract — see our electrical guide for the wiring and panel side of the house, and consider whether solar makes sense at Maine's rate level.
  7. Never give an account number or bill details to an unsolicited caller or door-to-door agent. Verify any supplier's license directly with the MPUC first.

Sources

Standard Offer rates and market structure: Maine PUC — Standard Offer Rates and the CMP Standard Offer detail page. Choosing a supplier and the licensed CEP list: Maine PUC — Choosing a Supplier and Competitive Electricity Providers list. Consumer guidance and switching research: Maine Office of the Public Advocate — Electricity Supply and its FAQ, including the Electricity Maine refund FAQs. Reporting: WGME, Maine Morning Star, and Maine Public. Average residential rate (27.8¢/kWh, 2025 preliminary) and the price-history chart: US EIA, Electricity Data (1990–2025; the projection is illustrative, not a forecast).

Frequently asked

Can I choose my electricity provider in Maine?

Yes. Maine is a deregulated electricity market, and any residential customer can switch electricity supply to one of roughly 60 licensed Competitive Electricity Providers (CEPs). If you never switch, you're automatically served by the Standard Offer — the default supply priced through a Maine Public Utilities Commission (MPUC) sealed-bid auction. Either way, your utility (Central Maine Power or Versant Power) still owns the wires, reads the meter, and responds to outages. Choosing a supplier only changes who you pay for the electricity itself.

Is switching electricity suppliers worth it in Maine?

For most households, no. A 2026 report for the Maine Electric Ratepayer Advisory Council found that for every household that saved by switching, ten ended up paying more — as much as 54% more in Washington and Hancock counties. Average competitive-supply customers paid over $1,000/year for supply in 2024, up 48% since 2016. Because Standard Offer is itself procured through competitive wholesale bidding, there's little room left for a retail marketer to beat it. Only a clearly-priced fixed-rate contract, read in full, would realistically win.

What is Maine's default electricity service called?

It's called the Standard Offer. It's the supply every customer gets automatically unless they affirmatively pick a Competitive Electricity Provider. The Maine PUC sets the price through a competitive sealed-bid auction among wholesale suppliers, re-set periodically by customer class and utility. Effective January 1, 2026, Central Maine Power's residential Standard Offer rate rose from $0.106128/kWh to $0.12721/kWh — about a 20% jump, adding roughly $11 a month for an average 550 kWh household, driven by wholesale natural gas and risk-premium pricing, not customer behavior.

How do I compare electricity suppliers in Maine?

Maine has no single unified comparison portal like some states' "Power to Choose." Instead, start with the Maine Public Utilities Commission's list of licensed Competitive Electricity Providers, then cross-check any offer against the Office of the Public Advocate's consumer guidance on choosing a supplier. Always compare the quoted per-kWh price to your current Standard Offer rate on your bill, and read the contract length, any monthly fees, and — critically — what rate you roll onto after the term ends.

Why has Maine's electricity rate risen so much?

Maine's residential rate reached 27.8¢/kWh in 2025 (EIA preliminary), up 110% since 2005 and climbing at roughly 5.9% a year over the last decade. Much of the recent jump traces to the Standard Offer auction itself: CMP's rate rose about 20% for 2026 because wholesale suppliers bid in higher natural-gas and risk-premium costs, not because of switching decisions. That auction-driven mechanism means Maine's default price moves with wholesale markets every cycle, whether or not you ever shop for a supplier.

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