Portland Electricity Rates
Electricity rates in Portland currently range from 16.8¢ to 17.7¢/kWh at 1,000 kWh. The average across all 2 providers is 17.23¢/kWh, with the cheapest plan at 16.8¢ and the most expensive at 17.7¢. Plan mix: 2 fixed-rate (12-month).
Cheapest Electricity Plans in Portland
Sorted by price at 1,000 kWh. Plans with bill credits can cost more at other usage levels — check the EFL for the full breakdown.
| Provider | Plan | Rate | Action |
|---|---|---|---|
 |
SmartEnergy
SmartEnergy 12 Months - 16.80¢
12 months
Cheapest
|
16.80¢
per kWh at 1,000 kWh
|
Continue |
 |
Think Energy LLC
Think Energy 12 Months - 17.20¢
12 months
Fixed Rate
|
17.20¢
per kWh at 1,000 kWh
|
Continue |
Showing the 2 cheapest Portland electricity plans based on 1,000 kWh usage.
Best Portland Electricity Plans by Usage Level
Portland homes average 550–700 kWh/month. Maine’s coastal climate means cold winters and cool summers, with many homes relying on oil or heat pumps for heating. Homes with electric baseboard or heat pump heating will see higher winter consumption.
- SmartEnergy
- 16.8¢/kWh at this usage
- 12-month fixed rate
Portland Electricity Suppliers
We compare rates from 2 certified Competitive Electricity Providers active in Central Maine Power’s Portland territory. Every supplier below offers plans to Portland residents today.
Portland Business Electricity Rates
Portland is Maine’s largest city and economic hub, with a thriving foodie and arts scene centered on the Old Port district, healthcare anchored by Maine Medical Center, and a growing creative economy. Commercial customers access deregulated CEP rates through the Central Maine Power territory.
Business electricity pricing factors in peak demand, load factor, and total volume. A quick quote is the only way to see what rates are available for your specific business profile.
Portland Electricity FAQ
Common questions about electricity rates, plans, and suppliers in Portland and the Central Maine Power service area.
What is the cheapest electricity rate in Portland right now?
The cheapest Portland electricity rate is 16.8¢/kWh at 1,000 kWh, offered by SmartEnergy (SmartEnergy 12 Months - 16.80¢). The average across all 3 plans from 2 ME PUC-certified providers is 17.23¢/kWh. Under Texas deregulation, Portland residents can switch providers freely through the Power to Choose marketplace. Switching from the average to the cheapest plan saves roughly $4/month. Rates are refreshed multiple times daily.
What is the average monthly electric bill in Portland?
Roughly $172/month for a Portland home using 1,000 kWh at the average 17.23¢/kWh rate. According to EIA data, Texas homes use about 1,140 kWh/month on average — 14% higher than the national figure. The cheapest plan at 16.8¢ cuts supply costs to $168/month. your local utility’s regulated delivery charges are separate and apply to all plans equally.
Who delivers electricity in Portland?
Electricity in Portland is delivered by your local utility, the regulated utility for this area. your local utility owns the poles, wires, transformers, and meters. Under ME PUC regulations, your local utility must deliver power equally to all customers regardless of which CEP (Competitive Electricity Provider) they purchase supply from. Your supplier choice changes only your rate and billing.
How do I switch electricity providers in Portland?
Three steps: (1) compare plans from 2 providers serving Portland, (2) enroll online with your chosen CEP (Competitive Electricity Provider), (3) wait 1–2 billing cycles for your local utility to process it. No appointment needed and no interruption to your power. the Maine Public Utilities Commission (PUC) oversees the switching process to ensure it’s seamless. The only change is who supplies your power and at what rate.
Are there renewable energy plans in Portland?
Many Portland electricity providers offer plans with renewable energy content sourced from Texas wind and solar farms connected to the ERCOT grid. Plans with higher renewable percentages use Renewable Energy Certificates (RECs) to offset your consumption. Same your local utility delivery, same reliability. Pricing is often comparable to conventional plans, and no home modifications are required.
How much are electricity delivery charges in Portland?
In Portland, your local utility delivery charges are regulated by the Maine Public Utilities Commission (PUC) and apply uniformly to all customers. These fees cover the physical grid — poles, wires, transformers, meters, and outage crews. Plan rates advertised on comparison sites generally include delivery charges already. The Electricity Facts Label (EFL) for every plan shows the exact split between supply costs and your local utility’s delivery fees.
Should I choose a fixed or variable rate plan in Portland?
A fixed-rate plan in Portland locks your per-kWh supply rate for the contract term, shielding you from ERCOT wholesale price swings. Variable plans may start lower but can increase monthly without notice. With Portland fixed rates starting at 16.8¢/kWh, locking in before summer — when Texas wholesale prices historically spike — gives most households more predictable bills and lower overall costs.