With electricity prices varying across the U.S.—from California's high of 32.56 cents per kilowatt-hour (kWh) to Louisiana’s low of 11.50 cents per kWh—knowing what you’ll pay and how much energy you’re likely to use is crucial. Here’s your November 2024 update on Massachusetts electricity rates, expected usage patterns, and tips for reducing your bill this month.

How much does electricity cost right now?

In Massachusetts, the cost of electricity is highly influenced by your electricity supply rate, which is the price you pay per unit of electricity (measured in kilowatt-hours or kWh). There are two types of supply rates:

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The average utility supply rate in Massachusetts for November 2024 is around 16.19 cents per kWh, depending on your utility provider. With winter around the corner, Massachusetts residents should prepare for the seasonal rise in electricity demand and costs. Here’s the current breakdown of electricity rates across all major Massachusetts utilities, from most expensive to least expensive: 

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Higher rates are on their way in early 2025

These rates are expected to remain steady through January, but a spike is likely in February due to these current rates expiring on January 31st and New England’s seasonal demand surge. Last winter, rates jumped by nearly 30% in this period, so it’s smart to prepare for higher winter bills.

How much energy can I expect to use in November?

With cooler fall temperatures arriving, your household’s energy usage will likely fluctuate. In Massachusetts, depending on where you live and how often you’re running your heating system, your usage may vary widely. On average, households in MA can expect to use about 1,114 kWh this month according to data from Arbor users, putting the state in the very high range for consumption.

Here’s a look at how MA compares to other states in terms of energy usage:

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MA's average usage of 1,114 kWh places it higher than most states, and with heating needs expected to pick-up over the next few months, you should expect to use somewhere on the higher end of that average.

How much will my power bill cost this month?

If you’re wondering what your power bill might look like this November, there are several factors that go into your power bill totals, including your supply charge (the price you pay per kWh). Here are some other key charges that will impact the total amount you pay:

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While it's hard to predict what your potential delivery charges, taxes and fees might be, we can take a look at what the supply portion of your bill is likely to cost this monthly depending on where you live. It starts with a simple calculation:

Monthly Bill = Average Usage (kWh) × Rate (¢/kWh) ÷ 100

For a Massachusetts household with average usage of 1,114 kWh and a rate of 16.9 cents per kWh, your estimated supply charge in November would look like this:

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Your actual bill will vary depending on your household’s specific energy consumption and size, but this calculation gives you a good sense of what to expect. Keep in mind, bills will fluctuate with colder temperatures leading to higher heating needs in the winter months.

How can I save? What rates are available?

Massachusetts deregulated energy market allows homeowners to shop for competitive electricity rates. This can provide savings compared to the default utility rates. Here’s an overview of the some of the competitive rates currently available in Massachusetts. These are rates that are  available now in the state that are far lower than the current utility rate:

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As of November 13, 2024

These savings can be substantial over time, especially with electricity prices set to rise this winter. Keep in mind that rates may fluctuate, so it’s always a good idea to regularly compare available rates and make the switch when it makes sense for your household.

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