EIA data through August 2026 · updated 2026-10-29

Electricity rates in 04640 — Hancock, ME

Homes in ZIP 04640 pay about 34.7¢ per kWh (Versant Power, Jan–Aug 2026). The Maine average is 32.1¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price34.7¢per kWh
UtilityVersant Power
ME average32.1¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$142505 kWh/month, 2024

What a month of electricity costs

500 kWh / month · avg. use$174
900 kWh / month$313
1,200 kWh / month$417

Monthly cost at the average price of 34.7¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 04640 is

Outlined: ZIP code area · scroll or pinch to zoom

Utilities serving 04640

UtilityHome priceAvg. billCustomers in ME
Versant Power
Investor Owned
34.7¢
Jan–Aug 2026
$142137,906
Central Maine Power Co.
Investor Owned · serves Hancock County
29.8¢
Jan–Aug 2026
$131577,955

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Hancock County; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

Maine price trend

12¢18¢24¢30¢36¢20222023202420252026Maine averageU.S. averageVersant Power 12¢18¢24¢30¢36¢20222023202420252026Maine averageU.S. averageVersant Power
Maine averageU.S. averageVersant Power
Aug 202632.1¢per kWh
vs. 1 year ago+14.1%28.1¢
vs. 5 years ago+87.4%17.1¢
Record high32.4¢Jul 2026
Avg. home bill$157489 kWh, Aug
EIA forecast, New England30.5¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the New England region, which includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont.

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions about 04640

How much does electricity cost in 04640?

About 34.7¢ per kWh for homes (Versant Power, Jan–Aug 2026, EIA). At 900 kWh a month that is roughly $313.

Who is the electric utility for 04640?

Versant Power, with about 137,906 residential customers in Maine; 1 other utility also serves parts of the area.

Is electricity in ME getting more expensive?

The Maine residential average was 32.1¢ per kWh in August 2026, up 14.1% from a year earlier; the U.S. average was 18.2¢.