What to know about electricity rates in Medford, MA
- Medford residents pay 27.02 cents per kWh while the average national rate is 16.77 cents
- The cheapest electricity rate is 12.39 cents per kWh for Medford residents
- You can shop rates from 31 available providers in Medford
Best Medford, MA electricity rates
In the city of Medford, you can find electricity rates that range from 12.39 cents to 61.27 cents per kWh. The best electricity plans in Medford for you depend on how much power you use and when you use it. Comparing companies is the best way to find better rates. Below are some rates from popular electric companies in Medford.
What is the cheapest electricity company in Medford, MA?
| Provider | Service | Rate (c/kWh) |
|---|---|---|
| Astral Energy | Energy | 12.04 |
| Dynegy Energy Services | Energy | 12.43 |
| Constellation Energy | Energy | 13.52 |
| Just Energy | Energy | 15.16 |
| First Point Power | Energy | 15.98 |
| Eligo Energy | Energy | 15.98 |
| Direct Energy | Energy | 17.25 |
| CleanSky Energy | Energy | 17.55 |
| NextEra Energy | Energy | 17.78 |
| Town Square Energy | Energy | 18.17 |
Because Massachusetts has a deregulated electricity market, Medford residents have the flexibility to shop around for a cheaper electricity bill. Many states don't offer this choice. If you're looking to reduce your energy bill, consider switching to a different provider or plan. Medford electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.
Average cost of electricity in Medford, Massachusetts
According to our data, the average electricity rate in Medford is 27.02 cents per kWh. This equates to an average residential bill of $151.36 per month. Our data also shows the average resident in Medford uses 560 kWh per month. Below, you can see how Medford's electricity rates compare to the averages in Massachusetts and the United States.
| Rate | Usage | Bill | |
|---|---|---|---|
| Medford Average | 27.02c | 560 kWh | $151.36 |
| Massachusetts Average | 26.01c | 557 kWh | $144.94 |
| United States Average | 16.77c | 875 kWh | $146.68 |
Since the average price is 27.02 cents per kWh or $151.36 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Medford, Massachusetts depend on your home size and usage, so the kWh rate is more useful when comparing your rate to the average.
Best electricity plans
We've analyzed the prices, terms, and conditions of popular Medford electricity plans. Below are our picks for the best residential plans in the state.
| Provider | Contract Term | Rate | Plan |
|---|---|---|---|
24 months | 14.59¢ /kWh | ||
24 months | 15.09¢ /kWh | ||
24 months | 15.99¢ /kWh | ||
| See All Plans | |||
Compare Medford electricity providers
There are 31 electricity providers in Medford, MA. While some providers only serve specific areas, you have multiple options for electricity wherever you are. Different providers can offer different specials, plan types, and sales throughout the year. However, always read the fine print of the energy plans you consider to avoid hidden penalties.
Residential electricity providers in Medford
| Provider | Service Type | Rate (c/kWh) | Bill |
|---|---|---|---|
| Astral Energy | Energy | 12.04 | $55.02 |
| Dynegy Energy Services | Energy | 12.43 | $85.44 |
| Constellation Energy | Energy | 13.52 | $68.18 |
| Just Energy | Energy | 15.16 | $67.97 |
| First Point Power | Energy | 15.98 | $105.04 |
| Eligo Energy | Energy | 15.98 | $92.07 |
| Direct Energy | Energy | 17.25 | $113.56 |
| CleanSky Energy | Energy | 17.55 | $113.27 |
| NextEra Energy | Energy | 17.78 | $114.59 |
| Town Square Energy | Energy | 18.17 | $122.62 |
Showing 10 of 31 providers
Business electricity rates in Medford, MA
Commercial rates are typically cheaper than residential rates in Medford, Massachusetts because businesses consume a lot of energy. This means they get a volume discount on electricity. Think about how much power a corner store might use to run HVAC, refrigeration, security systems, lighting, and computers. It adds up. Our data shows the average business in Medford pays 17.02 cents per kWh for electricity and has an average bill of $804.28 per month. They also use 4,725 kWh per month, which is a big increase from the residential average of 560 kWh.
| Rate | Usage | Bill | |
|---|---|---|---|
| Medford Average | 17.02c | 4,725 kWh | $804.28 |
| Massachusetts Average | 20.09c | 2,459 kWh | $494.12 |
| United States Average | 12.35c | 5,728 kWh | $707.36 |
Finding ways to reduce overhead costs is essential as a business owner. You have the opportunity to do that in a deregulated electricity market. Even reducing your electricity by one or two cents per kWh can make a huge difference when you have a high monthly bill. Compare commercial electricity rates to find the plan that makes the most sense for your business.
Best commercial electricity plans
Below are the top commercial electricity plans in Medford, Massachusetts.
| Provider | Contract Term | Rate | Plan |
|---|---|---|---|
3 months | 9.240¢ /kWh | ||
3 months | 9.508¢ /kWh | ||
3 months | 9.584¢ /kWh | ||
3 months | 9.678¢ /kWh | ||
3 months | 9.699¢ /kWh | ||
3 months | 9.705¢ /kWh | ||
3 months | 9.708¢ /kWh | ||
3 months | 9.710¢ /kWh | ||
3 months | 9.714¢ /kWh | ||
3 months | 9.720¢ /kWh | ||
3 months | 9.780¢ /kWh | ||
3 months | 9.790¢ /kWh | ||
3 months | 9.802¢ /kWh | ||
3 months | 9.804¢ /kWh | ||
3 months | 9.844¢ /kWh | ||
3 months | 9.851¢ /kWh | ||
3 months | 9.860¢ /kWh | ||
3 months | 9.902¢ /kWh | ||
3 months | 9.909¢ /kWh | ||
3 months | 9.928¢ /kWh | ||
| See All Plans | |||
How to switch your Medford electricity provider
While switching electricity companies in Medford might seem challenging, understanding the essential steps can make the process straightforward and manageable.
To begin the switch:
- Contact your current supplier using the information on your Eversource bill
- Ask about early termination fees and potential charges
- Request fee waivers if applicable
- Review your contract terms carefully
- Document all communications with suppliers
Before finalizing your switch, you should:
- Compare rates from multiple suppliers
- Check supplier reputations
- Understand plan options (fixed vs. variable rates)
- Review renewal policies
- Verify new contract terms
For assistance, contact the Massachusetts Department of Public Utilities or Attorney General's office.
Best time to switch electric companies in Medford, Massachusetts?
Now that you understand the steps for switching providers, knowing the ideal timing can help you save more on your Medford electricity bills.
The best times to switch include:
- When your current contract is nearing expiration
- During winter months, when fixed-rate contracts often beat utility basic service rates
- In off-peak seasons (spring and fall) when demand is lower
- When market rates show a downward trend
Medford's deregulated electricity market
Massachusetts electricity deregulation, launched in March 1998, transformed the state's energy landscape by breaking up utility monopolies and introducing consumer choice.
Under this system, you receive electricity through a two-part structure:
- Distribution/transmission services from your local utility company (NSTAR, Mass Electric, or Western Mass)
- Energy supply from either your utility's Default Service or a competitive supplier of your choice
The Independent System Operator of New England (ISO-NE) manages the wholesale market, while the Department of Public Utilities (DPU) oversees rates.
You'll still get one consolidated bill, but you're free to shop around for the best generation rates among licensed suppliers.
Types of electricity plans in Medford, MA
The electricity marketplace in Medford offers four distinct types of plans to meet varying consumer needs and preferences.
You'll find fixed-rate plans that lock in your price per kWh throughout your contract term, providing predictable monthly bills.
Variable-rate plans offer flexibility with month-to-month rates that adjust to market conditions.
For those seeking alternative options, you'll have access to prepaid and no-deposit plans that let you manage costs upfront without credit checks.
If environmental impact matters to you, renewable energy plans source electricity from sustainable resources, though they typically come at premium rates.
Each plan type carries specific advantages and considerations that align with different customer priorities and circumstances.
Compare Medford electricity rates
Compare Medford electricity rates to save money and avoid overpaying in the deregulated market. Bills can vary greatly, with rates between 12.39 to 61.27 cents per kWh across different providers and plan structures. Take the time to read the fine print and do the math to figure out which is your best option.
Electricity rates for cities near Medford, Massachusetts
- Somerville, MA
- Everett, MA
- Winchester CDP, MA
- Malden, MA
- Stoneham CDP, MA
- Arlington CDP, MA
- Melrose, MA
- Boston, MA
- Cambridge, MA
- Belmont CDP, MA
Electricity rates for other cities
Medford, MA electricity rate FAQs
In Medford, Massachusetts, a good electricity rate falls between 26 cents to 28 cents per kWh. Tired of high bills? Shop during spring and fall to lock in lower prices before HVAC use spikes in the summer or winter.
Medford electricity rates currently average 27.02 cents per kWh, but you'll likely pay between 25 to 29 cents depending on your provider, location, and plan type.
Medford electric rates currently range from 12 to 61 cents per kWh with an average of 27 per kWh. Your best deal depends on comparing multiple providers to find the right plan based on your usage patterns.
Electricity rates fluctuate due to energy demand, fuel costs, grid infrastructure, and regulatory policies. While short-term declines may occur, long-term trends often show increases due to inflation, grid modernization, and shifts to renewable energy.