Electricity prices in Waterville, ME
Households in Waterville pay 32.1¢/kWh (Maine average), about $170 a month for 528 kWh a month, the Maine household average. Today's wholesale price in New England (ISO-NE hub) averages 4.2¢/kWh; the cheapest hours are 1 am, 2 am, 11 am.
Monthly electricity bill by consumption
| Consumption | Per month | Per year |
|---|---|---|
| 500 kWh a month | $161 | $1,927 |
| 1,000 kWh a month | $321 | $3,853 |
| 1,500 kWh a month | $482 | $5,780 |
| 2,000 kWh a month | $642 | $7,706 |
At 32.1¢/kWh, the average household price including taxes and fixed charges (August 2026). Small households usually pay a little more per kWh, large ones a little less.
Electricity prices in New England (ISO-NE hub) today
Business electricity in Waterville
Commercial customers pay 21.3¢/kWh and industrial customers 14.2¢/kWh (Maine average).
Home running costs in Waterville
In Waterville, running an 860 sq ft home costs on average $192 a month excluding rent – 130% more expensive than the US average.
Monthly cost breakdown
Default home: 860 sq ft, 2 people, 2,500 kWh electricity a year.
Waterville compared with the average for the United States
Your biggest saving opportunity
Switching from a gas boiler to a heat pump would cut heating costs in Waterville by about $291 a year at today's prices.
Running your washing machine, dishwasher and car charging in the cheapest hours instead of the evening peak saves about 1.8¢/kWh per kWh moved (New England (ISO-NE hub)).
Gas boiler vs heat pump calculator · Monthly home running cost calculator
Heating need through the year
Heating with a gas boiler: about 11,339 kWh a year at 13.3¢/kWh.
Solar potential in Waterville
1 kWp of solar panels produces about 1,400 kWh a year here. ($450 per year)
Not yet available for Waterville: Water.
How we calculate this
Electricity: average residential price per kWh in the state (August 2026). Heating: heating degree days for the location × floor area × building factor, priced with the gas boiler cost (state residential natural gas price). Water and rent are added when official data is available. Methodology
Nearby cities
More cities in Maine
Updated: