Versant Power in Maine: 27.50 ¢ home rates, SAIDI and solar

Roughly 165,560 Maine accounts belong to Versant Power, classed by EIA as investor owned; the residential count is 137,906. Its SAIDI of 478 minutes is 4.81 times the national median reporter (99).

Versant Power: 503 kWh a month costs roughly $138 in energy at 27.50 ¢/kWh, +13.2% on the Maine average of 24.29 ¢.

Its SAIDI of 478 minutes is 4.81 times the national median reporter (99).

Versant Power: outage minutes

SAIDI against national median: 4.81x478 minutes against 99

Reliability is the sharpest contrast for Versant Power: 478 minutes a year without power per customer, 4.81 times the national median of 99. Among 2 Maine utilities that report SAIDI it ranks 2 (1 = fewest minutes); the Maine median is 478.

SAIFI adds the frequency view: 3.10 interruptions a customer a year, 3.06 times the national median (1.01), with 154 minutes per interruption.

How it compares

Versant Power
Versant Power, 2024	Home	Business	Bill	SAIDI
Versant Power	27.50 ¢/kWh	18.52 ¢/kWh	$138at 503 kWh	478 minSAIDI
Maine average against this company, which is 2 of 2 on price	-3.21 ¢/kWhcompany 13.2% above	-0.30 ¢/kWhcompany 1.6% above	-$16a month at 503 kWh	+0 mincompany 0 below
Central Maine Power CoLowest in this table	22.37 ¢/kWhcompany 22.9% above	11.19 ¢/kWhcompany 65.5% above	$11226 less than company	215 mincompany 263 above

Compare 5 Maine companies

Versant Power: 2025

Versant Power: +8.1% on 2024 for homes, Maine +14.4%.

Versant Power home price, 2025: 29.73 ¢/kWh+8.1% on 2024, early release
Versant Power SAIDI, 2025: 223 min-53% on 2024, early release
Versant Power against Maine, 2025: -6.3 pointsVersant Power +8.1%, Maine +14.4%, price in Maine 27.78 ¢

Versant Power: 29.73 ¢/kWh in the 2025 early release, +8.1% from 27.50 ¢; Maine as a whole went +14.4%, so Versant Power trailed it by 6.3 points. Its SAIDI is 223 minutes against 478 in 2024.

Carbon context

Versant Power serves 137,906 homes in Maine. At 503 kWh a month that is about 71 kg of CO₂, or 853 kg a year, at the Maine plant rate, state generation and not this utility: Maine generation mix.

Versant Power charts

Residential price since 2015: 27.50 ¢ in 2024

15.27 ¢ in 2015, 27.50 ¢ in 2024 (+80.1%); Maine 15.61 to 24.29 ¢.

Versant Power residential price 2015-2024, 2015 to 2024: 10 rows

Year	Versant Power	Gap to Maine residential	Gap to U.S. residential
2015	15.27	-0.34	+2.62
2016	17.39	+1.56	+4.84
2017	17.17	+1.20	+4.28
2018	18.09	+1.25	+5.22
2019	18.75	+0.86	+5.74
2020	16.99	+0.18	+3.84
2021	17.22	+0.20	+3.56
2022	22.67	+0.23	+7.63
2023	28.34	+0.92	+12.34
2024	27.50	+3.21	+11.02

10 rows from EIA retail sales.

CSV

Versant Power SAIDI, 2015-2024

280 min in 2015, 478 in 2024.

Versant Power SAIDI by year, 2015 to 2024: 10 rows

Year	Versant Power, no major events
2015	280
2016	493
2017	368
2018	397
2019	302
2020	319
2021	218
2022	326
2023	303
2024	478

10 rows from EIA-861 survey.

CSV

Reliability: SAIDI 478.0 min

478.0 min, 4.81x the median reporter, rank 648 of 673.

min

Company, no major events478.0
Company, with major events1,206.0

Versant Power, Reliability: EIA-861 survey.

CSV

Analyst note

Versant Power billed homes 15.27 ¢/kWh in 2015 and 27.50 ¢ in 2024, +80.1% in all, and outpaced the Maine average (+55.6%) by 24.4 points. Versant Power's sharpest move came in 2022, +31.7%. The high is 28.34 ¢ (2023) and the low 15.27 ¢ (2015). 2024: -3.0% here, -11.4% for the Maine average. SAIDI at Versant Power (major events excluded) rose from 280 minutes in 2015 to 478 in 2024, +71%; worst year 2016 at 493. Versant Power filed SAIDI under the national median in 0 of 10 years; its 2024 figure was 478 minutes, +379 from that year's median. 2023: 2475 minutes with major events, 303 without, the widest gap of any year. Versant Power has 1 cheaper and 0 higher-priced Maine peers among 2 with 20,000+ homes. Next cheaper, Central Maine Power Co, bills 22.37 ¢ (-5.13).

Both measures lean against customers: 13.2% above the Maine average on price and 4.8x the national median on outage minutes (478).

Home accounts at Versant Power went from 131,930 in 2015 to 137,906 in 2024, +4.5%. Business customers paid 0.67 times the home price in 2024 (18.52 against 27.50 ¢); the ratio was 0.80 in 2015. SAIFI went from 2.34 in 2015 to 3.10 in 2024, between 1.96 and 3.46.

Outages and home price of Versant Power (EIA utility 1179), 2013 to 2024

Versant Power customers lost power for 478 minutes in 2024, up from 401 in 2013 (+19%). The low came in 2021 at 218, the high in 2016 at 493; 12 years were filed. The Maine median in 2024 was 478 minutes, so Versant Power ran level with it.

Home rates at Versant Power climbed from 9.35 ¢ in 2013 to 27.50 ¢ in 2024 (+194.1%), or 12.92 ¢ to 28.23 ¢ in 2025 dollars (+118.4%). Over 12,000 kWh a year the real price meant $1,551 in 2013 and $3,387 in 2024. Of 6 Maine utilities with 1,000+ home accounts in 2024, Versant Power stood 6th cheapest (5th of 9 in 2013).

Versant Power outage minutes a customer, 2013 to 2024: 478 in 2024

Versant Power at 478 min in 2024 and the Maine median at 478.

Versant Power home price since 2013: +118.4% after inflation

Versant Power: 28.23 ¢ in 2025 dollars (solid) and 27.50 ¢ as billed (dashed) in 2024.

Versant Power, EIA utility 1179, year by year among Maine utilities

Versant Power 2013-2024: 12 rows

Year, Versant Power	¢ billed	¢ in 2025 $	Price place, Versant Power	SAIDI min	SAIFI	SAIDI place, Versant Power	Maine median SAIDI
2013	9.35	12.92	5 of 9	401	2.78	–	274
2014	9.40	12.79	4 of 8	354	2.67	–	354
2015	15.27	20.75	4 of 8	280	2.34	–	280
2016	17.39	23.33	7 of 8	493	3.46	–	493
2017	17.17	22.55	6 of 8	368	2.23	–	341
2018	18.09	23.19	7 of 8	397	2.52	–	397
2019	18.75	23.61	7 of 8	302	1.96	–	213
2020	16.99	21.14	5 of 6	319	2.40	–	319
2021	17.22	20.46	6 of 6	218	1.97	–	220
2022	22.67	24.94	6 of 6	326	2.46	–	326
2023	28.34	29.95	6 of 6	303	2.19	–	303
2024	27.50	28.23	6 of 6	478	3.10	–	478

Versant Power, EIA utility 1179: EIA-861, CPI-U.

CSV

SAIDI explained, Maine real prices.

Facts

Customer accounts: 165,56019.4% of Maine total
Residential accounts: 137,90618.6% of Maine homes
Commercial accounts: 27,58216.7% of the base
Residential rate: 27.50 ¢/kWhplace 2 of 2, +13.2% against the state
Commercial rate: 18.52 ¢/kWhplace 4 of 4, +1.6% against the state
SAIDI, no major events: 478.0 minbetter than 4% of reporters
SAIFI, no major events: 3.103.06x the median
SAIDI with major events: 1206.0 min60.4% from event days
Net-metered capacity: 282.3 MW12,785 installations
Counties served: 6all in Maine
Average residential use: 6,034 kWh/yr503 a month
Implied monthly bill: $138+$55 on the U.S. rate, 503 kWh
Residential rate since 2015: +80.1%15.27 to 27.50 ¢/kWh
SAIDI trend: +71%280 min in 2015, 478 in 2024

Data tables

2024 by sector, Versant Power

Versant Power sector	Accounts	Rate ¢/kWh	Gap to Maine ¢/kWh
Residential	137,906	27.50	+3.21
Commercial	27,582	18.52	+0.30

Year by year, Versant Power

Year	Home accounts, Versant Power	Home ¢	Business ¢	Ratio	SAIDI	SAIFI
2015	131,930	15.27	12.19	0.80	280	2.34
2016	132,704	17.39	11.16	0.64	493	3.46
2017	132,585	17.17	11.27	0.66	368	2.23
2018	133,192	18.09	11.57	0.64	397	2.52
2019	133,634	18.75	11.55	0.62	302	1.96
2020	134,523	16.99	10.82	0.64	319	2.40
2021	135,657	17.22	11.42	0.66	218	1.97
2022	136,485	22.67	13.57	0.60	326	2.46
2023	137,463	28.34	16.46	0.58	303	2.19
2024	137,906	27.50	18.52	0.67	478	3.10

Peers of Versant Power in Maine, place 2 of 2 on home price

Utility near Versant Power on price	SAIDI min, gap to Versant Power	Home ¢, gap to Versant Power	Gap % to Versant Power	Accounts, Versant Power = 1
1. Central Maine Power Co	-263	-5.13	-18.7%	3.97
2. Versant Power (this utility)	478	27.50	-	1.00

Who buys Versant Power's electricity

Class at Versant Power	Accounts	Of Versant Power accounts	Of Versant Power MWh sold	kWh a year per Versant Power account
Residential	137,906	83.3%	42.9%	6,034
Commercial	27,582	16.7%	37.7%	26,493
Industrial and other	72	0.04%	19.3%	5,203,222

Versant Power: meters, rate options and solar

Measure	Versant Power	Maine context	Versant Power detail
Versant Power home meters on AMI	99.4%	Maine 97.6%	28,757 of 28,920 meters
Home meters, AMR (drive-by read)	102	Maine figure not published	0.4% of meters
Time-of-use rate for Versant Power homes	Not on file	1 of 6 Maine utilities offer one	no dynamic-pricing count filed by Versant Power
Net-metered installations	12,785	17% residential	16.1 homes per 1,000 accounts, 22.1 kW average

Monthly energy cost by use, Versant Power

kWh	Share of a 503 kWh month	Cost a month at 27.50 ¢	vs U.S.	Cost a year
250	50%	$68.75	+$27.55	$825
500	99%	$137.51	+$55.11	$1,650
750	149%	$206.26	+$82.66	$2,475
1,000	199%	$275.01	+$110.21	$3,300
1,500	298%	$412.52	+$165.32	$4,950
2,000	398%	$550.02	+$220.42	$6,600

Outage record, Versant Power

Measure, Versant Power	No events	All events	Converted
SAIDI minutes	478.0	1206.0	7.97 h
SAIFI interruptions	3.101	4.379	0.32 yr apart
CAIDI minutes	154.1	275.4	2.57 h

Territory of Versant Power

6 Maine counties, region NPCC:

Maine other states: 6 of 6 counties of Versant Power drawn

Versant Power: 6 counties listed by EIA-861, Census 2023 outlines.

CSV

County list

Aroostook
Hancock
Penobscot
Piscataquis
Waldo
Washington

Questions on Versant Power

How big is Versant Power in Maine, by customer accounts?

165,560 accounts in 2024: residential 137,906, commercial 27,582, industrial 72.

How many cents per kWh does Versant Power charge homes?

In 2024 homes paid 27.50 cents; against the Maine average that is +13.2%.

What are the SAIDI and SAIFI of Versant Power?

SAIDI 478.0 min and SAIFI 3.10 a year, major events excluded; ratio to the national median 4.81, CAIDI 154 min.

How many net-metered systems connect to Versant Power?

12,785 installations with 282.3 MW, of which residential installations number 2,218.

What would a typical Versant Power home pay each month?

503 kWh at 27.50 cents comes to about $138, energy only.

Is Versant Power cheaper than other Maine utilities?

Rank 2 of 2 in Maine on price, +13.2% against the state average; 1 charge less than 27.50 ¢.

What share of Versant Power sales do homes buy?

Homes take 42.9% of 1,937,487 MWh, commercial accounts 37.7%, industrial and other 19.3%; the 27,582 commercial accounts use 26,493 kWh each, 4.4 times a home.

At Versant Power, are smart meters in homes, with a TOU option?

28,757 of 28,920 home meters are AMI, 99.4%. Versant Power reports no home time-of-use rate; 1 of 6 Maine filers do.

Has Versant Power moved up the Maine price list since 2015?

2nd cheapest of 2 in 2015, 2nd of 2 in 2024; its price rose 80.1% while Maine rose 55.6%.

Did Versant Power cut or raise its 2025 home price?

29.73 cents per kWh, +8.1% on the 27.50 of 2024 (EIA early release for 2025).

Utilities with a similar home price

Home prices nearest to Versant Power at 27.50 ¢/kWh in 2024, among companies with a page here, any state.

Upper Peninsula Power CompanyMichigan, 27.64 ¢/kWh, 0.14 ¢ above
Southern California Edison CoCalifornia, 28.25 ¢/kWh, 0.75 ¢ above
City of PasadenaCalifornia, 25.98 ¢/kWh, 1.52 ¢ below
Liberty UtilitiesCalifornia, 25.92 ¢/kWh, 1.58 ¢ below

Rate plans on file

10 home plan records, energy charges: 3.8 to 42.0 ¢/kWh.

Time-of-use: 4, e.g. Rate A-4 Residential Service - Time of Use
Tiered: 2, e.g. Residential Space Heating Service

Who offers time-of-use and tiered rates (17 Apr 2026 snapshot).

Primary sources for Versant Power in Maine: 27.50 ¢ home rates, SAIDI and solar

EIA-861 annual report entry for Versant Power in Maine: 27.50 ¢ home rates, SAIDI and solar, customers and sales
EIA-861 form instructions for Versant Power in Maine: 27.50 ¢ home rates, SAIDI and solar, how a customer is counted
EIA state profiles for Versant Power in Maine: 27.50 ¢ home rates, SAIDI and solar, the state price average