Electricity rates › Massachusetts

Massachusetts electricity rates

Homes in Massachusetts pay an average of 29.4¢ per kWh, 78% above the US average, and use 570 kWh a month. Massachusetts ranks #3 of 51 for residential electricity prices.

29.4¢average price per kWh

570 kWhaverage use per month

$167average monthly bill

#3 of 51price rank (1 = most expensive)

Residential rates by utility in Massachusetts

Utility	¢/kWh	ZIP codes served
Massachusetts Electric Co	36.7	383
NSTAR Electric Company	29.7	289
Town of Reading	16.0	17
City of Taunton	20.7	15
City of Chicopee	16.8	13
Fitchburg Gas & Elec Light Co	37.9	12
Town of Middleborough	14.5	12
City of Peabody	14.7	11
Town of Wellesley	16.2	11
City of Holyoke	15.8	10
Town of Hudson	13.4	10
Town of Shrewsbury	17.0	9

Average residential rates for full-service utilities, from NREL’s utility rates by ZIP code (2023). In areas with retail choice, your price depends on the plan you pick.

Is solar worth it in Massachusetts?

At 29.4¢ per kWh, every 1,000 kWh your roof makes and you use yourself is worth about $294. A system that covers the average Massachusetts home would replace about 6,840 kWh a year, roughly $2,008 of electricity at today’s prices.

5.2 kWsystem for an average home (13 panels)

$15,600rough installed cost

$2,008electricity saved per year

~8 yearssimple payback

Assumes a typical 1,350 kWh per kW of panels a year and $3.00/W installed, before incentives and price increases. Your roof’s direction, pitch and shade change these numbers; the estimator measures them for your address.

Plan solar for your Massachusetts home

State figures: EIA Table 5A, 2024 Average Monthly Bill - Residential (forms EIA-861, 861S, 861U).