Versant Power electricity rates
Investor-owned utility · Maine · NPCC region · ISONE
Versant Power is a for-profit, investor-owned utility regulated by the state utility commission, serving 131,540 homes in Maine. Its residential customers pay an average of 32.72¢/kWh including fixed and delivery charges, 82% more than the U.S. average.
Rate basis: EIA-861M monthly utility data, 12 months ending 2026-07.
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Versant Power bill estimates
| Monthly use | At average all-in rate | Base tariff charges* |
|---|---|---|
| 500 kWh | $163.60 | $143.42 |
| 1,000 kWh | $327.20 | $275.98 |
| 1,500 kWh | $490.80 | $408.53 |
| 2,000 kWh | $654.40 | $541.09 |
*Rate A Residential Service (effective 2025-10-01, $10.87/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.
Versant Power residential rate plans
| Plan | Effective | Customer charge | Energy charges |
|---|---|---|---|
| Rate A Residential Service | 2025-10-01 | $10.87 | 26.51¢ |
| Rate A-4 Residential Service - Time of Usetime-of-use | 2026-01-01 | $32.46 | 32.2¢ (12am–8am, 9pm–12am) · 29.7¢ (1pm–5pm) · 21.8¢ (8am–1pm, 5pm–9pm) — summer weekdays |
| Residential Electric Thermal Storage Service Rate (Time of Use)time-of-use | 2019-01-01 | — | 41.3¢ (7am–12pm, 4pm–8pm) · 13.2¢ (12pm–4pm) · 12.8¢ (12am–7am, 8pm–12am) — summer weekdays |
| Residential Electric Thermal Storage Service Rate (Time of Use)time-of-use | 2019-01-01 | — | 32.9¢ (7am–12pm, 4pm–8pm) · 4.8¢ (12pm–4pm) · 4.5¢ (12am–7am, 8pm–12am) — summer weekdays |
| Rate A-4 Residential Service - Time of Usetime-of-use | 2019-01-01 | $11.50 | 5.9¢ (12am–8am, 9pm–12am) · 10.1¢ (1pm–5pm) · 11.4¢ (8am–1pm, 5pm–9pm) — summer weekdays |
| Residential Space Heating Servicetime-of-use | 2019-01-01 | $7.02 | 12.2¢ (12am–12am) — summer weekdays |
| Residential Space Heating Servicetime-of-use | 2019-01-01 | $7.02 | 3.8¢ (12am–12am) — summer weekdays |
| Rate A Residential Service | 2019-01-01 | — | 10.87¢ |
| Residential Water Heating Rate | 2017-09-01 | — | 17.22¢ |
| Residential Water Heating Rate | 2017-09-01 | — | 10.90¢ |
Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.
Versant Power rate history
2015–2025: +93% change in the average residential rate (15.65¢ → 30.15¢). Annual EIA-861 data.
Outages & reliability
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Reliability history
| 2025 | Versant Power | Maine avg | U.S. avg |
|---|---|---|---|
| Outage minutes per customer (SAIDI) | 500 | 363 | 266 |
| Outages per customer (SAIFI) | 2.38 | 2.24 | 1.34 |
| Average restoration time (CAIDI) | 3 hr 30 min | — | — |
| Outage minutes excluding major storms | 223 | 192 | 121 |
Outages in counties served (2025)
From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across Versant Power's counties, customers averaged 9 hr 33 min without power.
| County | Outage min/customer | Days with outages | Peak customers out | Worst day |
|---|---|---|---|---|
| Hancock | 1,087 | 85 | 16,780 | 2025-11-26 |
| Piscataquis | 969 | 100 | 4,171 | 2025-12-20 |
| Waldo | 575 | 63 | 6,361 | 2025-06-20 |
| Penobscot | 522 | 91 | 16,598 | 2025-12-20 |
| Washington | 411 | 47 | 4,705 | 2025-04-14 |
| Aroostook | 259 | 54 | 14,335 | 2025-12-20 |
Versant Power service area
Versant Power serves 6 counties in Maine and 148 ZIP codes.
Aroostook, Hancock, Penobscot, Piscataquis, Waldo, Washington
Cities: Bangor, Orono, Brewer, Presque Isle, Ellsworth, Caribou, Old Town, Hermon, Millinocket, Hampden, Orrington, Madawaska, Holden, Bucksport, Lincoln, Bar Harbor, Dover-Foxcroft, Carmel, Fort Kent, Levant, Milford, Hancock, Corinna, Orland, Dexter, Eddington, Gouldsboro, Deer Isle, Van Buren, Milo, Fort Fairfield, Veazie, Newport, Enfield, Tremont, East Millinocket, Medway, Dedham, Greenbush, Jonesport
Programs, smart meters & solar
| Smart meters (AMI) for homes | 100% |
| Time-based rate programs | None reported |
| Net-metered solar homes | 2,806 |
| Home batteries paired with solar | 114 |
Versant Power at a glance
| Ownership | Investor-owned utility |
| Services | Transmission, Distribution |
| Commercial rate | 22.86¢/kWh |
| Industrial rate | 19.17¢/kWh |
| Retail revenue (2025) | $363,542,700 |
| Electricity sold (2025) | 1,376,865 MWh |
| Peak demand | 386 MW summer · 367 MW winter |
| Balancing authority | ISNE |
| EIA utility ID | 1179 |
Other utilities in Maine
Frequently asked questions
What is Versant Power's electricity rate?
Versant Power residential customers pay an average of 32.72¢ per kWh, all charges included (EIA-861M monthly utility data, 12 months ending 2026-07). That's 12% above the Maine average of 29.31¢ and 82% above the U.S. average.
What is the average Versant Power electric bill?
About $162 a month. The average Versant Power home uses 496 kWh a month. At 1,000 kWh the bill would be about $327.
How many customers does Versant Power have?
Versant Power serves 131,540 residential customers and 165,411 customers in total in Maine, across 6 counties.
How reliable is Versant Power?
In 2025, the average Versant Power customer was without power for 8 hr 20 min (SAIDI) over 2.38 interruptions (SAIFI), including major storms. Excluding major event days it was 3 hr 43 min. The Maine average was 6 hr 3 min and the U.S. average 4 hr 26 min.
Does Versant Power offer time-of-use rates?
Yes. The OpenEI rate database lists 6 time-of-use residential plans, including Rate A-4 Residential Service - Time of Use. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.
Does Versant Power offer net metering for solar?
Versant Power had 2,806 residential net-metered customers in 2025 with 19.7 MW of capacity and 114 solar-paired batteries. Estimate solar savings at this utility's rate.
Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with Versant Power before making decisions.