As of 2026, the average electricity rate in Maine is 21.07¢ per kilowatt-hour (kWh), making it one of the highest in the nation. With rates continuing to rise across the country, businesses need to take advantage of Maine’s deregulated electricity market.
Maine businesses face unique energy challenges, from long, cold winters to seasonal demand spikes. While electricity and gas rates can fluctuate throughout the year, your company doesn’t have to settle for unpredictable overhead costs. By partnering with our experienced energy brokers, your business can compare competitive energy supply options noted in Maine’s deregulated market. We analyze your usage patterns, contract preferences, and budget goals to help you secure a stable, cost-effective plan tailored to your operations.
What Are the Latest Electricity Rates?
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What Are the Latest Natural Gas Rates?
As of 2026, the average natural gas rate in Maine is $12.45 per Mcf. Gas prices have been rising due to higher demand and market changes, which can make budgeting difficult for businesses. Great Energy 1 helps your businesses compare competitive gas plans so you can secure a rate that fits your usage and budget, protecting your business from unpredictable price increases.
3 Steps to Switch Business Energy Suppliers
Comparing Maine energy suppliers doesn’t have to be complicated. Our experts simplify the process and guide you from start to finish to ensure a smooth transition.
Request a Free Quote
Submit a quick quote form with your business details, including location, contact information, and your estimated monthly usage or bill.
Review Your Energy Options
We analyze your usage and shop our supplier network to present competitive electricity and gas plans tailored to your needs.
Lock In Your Savings
Choose the plan that aligns with your budget and goals. Once you sign the agreement, we handle the switch so you can focus on running your business.
Supporting Thriving Businesses Across Maine
From coastal storefronts in Portland to professional offices in Augusta, we help organizations throughout Maine secure competitive electricity solutions. Our team understands that every region and industry has different usage patterns, which is why we tailor plans to match your specific operational needs. No matter where your business operates, we streamline the supplier comparison process and work to position you with a cost-effective electric rate that supports long-term budget stability.
Experience the Great Energy 1 Difference
From your initial consultation through contract renewal, our team stays by your side to ensure a smooth and strategic energy procurement experience. Over the past years, we’ve helped more businesses secure long-term savings and greater budget stability with energy strategies built around their goals.
Low-Cost Power Solutions
We tap into our established supplier network to source competitive Maine electricity rates tailored to your company’s usage profile.
Solutions Designed Around You
No matter your size or industry, we create personalized energy plans that align with your financial objectives and operational needs.
Expert Support at Every Step
Your dedicated energy advisor provides ongoing account management, including market insights, renewal guidance, and proactive support throughout your contract term.
Low-Risk Energy Plans
Fixed Rate Plan
Secure stable electricity and natural gas rates for the full length of your contract. This option protects your business from market volatility and provides consistent, predictable monthly budgeting.
Blend & Extend
If you’re satisfied with your current supplier, this strategy allows you to renegotiate your rate before your contract expires in exchange for a longer term, helping improve pricing and stability.
Capacity Passthrough
Maintain a fixed supply rate while utility capacity charges are billed separately. This structure offers greater transparency and gives your business more control over managing overall energy costs.
Higher-Risk Energy Plans
Get long-term stability with predictable bills. This plan locks in your energy rates for the entire duration of your contract.
Index Pricing
This type of plan ties your electric rates to a public pricing matrix for greater transparency and cost-saving market opportunities.
Block & Index
Bulk-purchase most of your usage at a fixed rate, with additional energy available through additional blocks or variable market rates.
Flip to Fixed
This contract starts with flexible, variable energy rates, allowing you to secure a fixed rate during market pricing dips.
How Energy Deregulation Benefits Businesses
A deregulated energy market gives businesses the ability to choose their own supplier instead of remaining on the utility’s default rate. This competitive environment allows you to compare pricing structures, contract terms, and plan options that align with your company’s budget and risk tolerance. By exploring electric choice in Maine, your business can secure more favorable rates, improve cost predictability, and better manage long-term overhead expenses.
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What Does the Public Utilities Commission (MPUC) Do?
The Maine Public Utilities Commission regulates Maine’s electricity, natural gas, and water utilities. It sets delivery rates, oversees utility operations, licenses competitive suppliers, and ensures customers receive safe, reliable, and fairly priced service.
What Does ISO New England Do for the Power Grid?
ISO New England manages the regional electric grid and wholesale energy markets. It balances electricity supply and demand in real time to maintain grid reliability and stable system operations across the state.
What Is the Renewable Portfolio Standard (RPS)?
The Renewable Portfolio Standard requires electricity suppliers to obtain a defined percentage of their power from renewable sources. This policy supports the state’s transition from fossil fuels to wind, solar, hydropower, and other clean energy investments.
What Is Standard Offer Electricity Supply?
Standard Offer Service is the default electricity supply rate for businesses and residents who do not select a competitive supplier. Rates are determined through a state-run bidding process and automatically apply unless a customer chooses an alternative supplier.
Does Maine Have an Electric Choice Program?
Energy Choice Maine advocates for maintaining electric choice in the state. Proposed legislation, such as LD 556, focuses on preserving customers’ ability to choose their electricity supplier in Maine’s deregulated market.
What Are Natural Gas Choice Options?
Commercial natural gas customers in certain Maine territories may have supplier choice options. If a business does not select a competitive supplier, its natural gas is provided and delivered by the local utility under regulated terms.
Industries We Power with Gas and Electricity Solutions
Great Energy 1 helps businesses across Maine save on both natural gas and electricity while boosting efficiency and cutting costs. Our energy solutions are tailored to a variety of industries, including warehouses, schools, office buildings, nursing homes, and more.
Warehouses
Lower gas & electricity costs, improve efficiency, and keep warehouse operations running smoothly with reliable power solutions.
Schools
Create a comfortable, cost-effective, and sustainable learning environment for students and staff with smart electricity & gas management.
Office Buildings
Reduce expenses, enhance workplace comfort, and support sustainability with gas & electricity-efficient solutions for office spaces.
Nursing Homes
Ensure safety, comfort, and reliable electricity & gas for nursing homes, keeping residents and staff at ease.
Shopping Centers
Save gas & electricity costs, improve lighting, and create a better shopping experience for businesses and customers.
Property Management
Optimize electricity & gas use, lower costs, and improve sustainability for residential and commercial properties.
Manufacturing Companies
Boost production efficiency, reduce gas & electricity costs, and keep manufacturing operations running without interruptions.
Answers to Common Questions
Frequently Asked Questions
As of November 2025, the average commercial energy rate in Maine is 20.78¢ per kilowatt-hour, up from 17.23¢ per kWh in July 2024. Maine’s deregulated market allows businesses to secure lower rates by choosing competitive suppliers.
High bills are largely due to Maine’s reliance on natural gas, increased heating demand in winter, transmission constraints in ISO-NE, and volatility in global fuel markets.
If your contract expires without renewal or switching, your business will be automatically placed on Maine’s Standard Offer service until you select a new competitive electricity supplier.
Yes. Many suppliers provide renewable energy plans featuring solar, wind, hydro, and carbon offset programs, often at competitive rates.
No. Your utility company continues to deliver electricity regardless of your supplier choice. The only difference is on your bill; any power outages are still handled by the utility.
Yes. Businesses with high energy usage may qualify for tailored plans or wholesale rates, especially if they commit to multi-year contracts with a supplier.
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