Nantucket Electric Co Rates: Average Bill & Price per kWh
Residential rates for Nantucket Electric Co and how they compare to the Massachusetts average — 2024 EIA-861 annual data.
Residential customers of Nantucket Electric Co average $174.75/month at 20.68¢/kWh — above the Massachusetts average of $170.54.
Where Nantucket Electric Co rates are heading
Annual residential figures from Form EIA-861, 2019–2024.
| Year | Rate | Avg bill | Res. customers |
|---|---|---|---|
| 2019 | 13.98¢/kWh | $110.01/mo | 12,045 |
| 2020 | 15.4¢/kWh | $126.35/mo | 12,062 |
| 2021 | 16.29¢/kWh | $136.72/mo | 12,309 |
| 2022 | 17.06¢/kWh | $140.77/mo | 12,448 |
| 2023 | 19.22¢/kWh | $155.73/mo | 12,599 |
| 2024 | 20.68¢/kWh | $174.75/mo | 12,823 |
Rate context in Massachusetts
Statewide residential price trend (12 months) — context for Nantucket Electric Co's 2024 annual figure.
Nantucket Electric Co vs its state
Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.
| Measure | Nantucket Electric Co | Massachusetts (latest month) |
|---|---|---|
| Avg bill | $174.75/mo | $170.54/mo |
| Rate | 20.68¢/kWh | 29.61¢/kWh |
Common questions
How much is the average electric bill with Nantucket Electric Co?
Nantucket Electric Co residential customers averaged $174.75 per month in 2024 (EIA-861 annual data) — about $2,096.99 per year.
What does Nantucket Electric Co charge per kWh?
Nantucket Electric Co averaged 20.68¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.
How does Nantucket Electric Co compare to the Massachusetts average?
Nantucket Electric Co bills average $174.75 — higher than the Massachusetts average of $170.54 (latest EIA month).
How many customers does Nantucket Electric Co serve?
Nantucket Electric Co served 12,823 residential customers in 2024, per EIA-861 — one of the largest utilities we track in MA.
Data: Form EIA-861, 2024 annual residential figures for Nantucket Electric Co. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.