Massachusetts industrial electricity rates
Massachusetts industrial electricity cost 18.19 cents per kWh in 2024, with 10,353 accounts buying 5.6 TWh.
In 2024 Massachusetts industrial accounts paid 18.19 ¢/kWh, rank 5 of 51 and 123.7% above the U.S. industrial price (8.13 ¢). A Massachusetts account using 45,440 kWh a month pays about $8,266. Since 2015 the Massachusetts price moved +34.3%.
Massachusetts sits 1.12 ¢ under Alaska, the state above, and 1.07 ¢ over Connecticut, the state below. At 45,440 kWh a month, energy in Massachusetts costs 5,798 dollars more than in New Mexico, the cheapest industrial state.
How it compares
| Industrial price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| Massachusetts | 18.19 ¢/kWhthis state | 13.54 ¢/kWh | +34.3% | $8,266at 45,440 kWh |
| Alaska (next above) | 19.31 ¢/kWh+1.12 ¢ against Massachusetts | 14.53 ¢/kWh | +32.9% | $8,774at 45,440 kWh |
| Connecticut (next below)Lowest in this table | 17.12 ¢/kWh-1.07 ¢ against Massachusetts | 12.95 ¢/kWh | +32.2% | $7,779at 45,440 kWh |
Compare 20 Massachusetts companies
Massachusetts industrial: 2025 and 2026
Massachusetts industrial, data to July 2026.
- Massachusetts 2025 average price
- 19.35 ¢/kWh+6.4% against 2024, U.S. +6.0%
- Massachusetts 2025 rank
- 5 of 51same place as 2024
- Massachusetts January to Jul 2026
- 19.99 ¢/kWh+2.3% on Jan-Jul 2025
- Massachusetts Last 12 months
- 19.62 ¢/kWhto July 2026
- Massachusetts July 2026
- 20.25 ¢/kWh+1.6% against July 2025
- Massachusetts 2025 costliest month
- Feb 20.28 ¢cheapest Oct 18.37 ¢, a 10% spread
- Massachusetts Typical 2025 bill
- $9,773 a monthtop Dec $10,552, low Feb $8,795
The Massachusetts industrial price averaged 19.35 ¢/kWh in 2025, +6.4% on 2024: Massachusetts stayed within 0.4 points of the nation. From January to July 2026 the Massachusetts average is 19.99 ¢, +2.3% on 2025, 3.6 points below the U.S. change. Seasonality in Massachusetts: 2025 peaked in February at 20.28 ¢ and bottomed in October at 18.37 ¢. A typical industrial account in Massachusetts paid about $117,278 for energy over 2025, from $8,795 in February to $10,552 in December; use per account ran 43,367 to 52,653 kWh a month.
Massachusetts industrial price by month, 2024 to Jul 2026
Price by month, Massachusetts industrial: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 18.72 | 19.78 | 21.71 |
| Feb | 18.39 | 20.28 | 21.45 |
| Mar | 17.90 | 18.95 | 19.17 |
| Apr | 17.92 | 19.02 | 18.55 |
| May | 17.57 | 19.00 | 19.94 |
| Jun | 16.32 | 19.78 | 18.97 |
| Jul | 18.29 | 19.93 | 20.25 |
| Aug | 18.26 | 19.55 | No data |
| Sep | 18.32 | 18.53 | No data |
| Oct | 19.06 | 18.37 | No data |
| Nov | 18.33 | 19.03 | No data |
| Dec | 19.12 | 20.04 | No data |
12 rows from EIA retail sales.
CSVWhat a typical Massachusetts industrial account paid each month
Massachusetts industrial: use per account times price, energy only.
Typical bill by month, Massachusetts industrial: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 9960 | 11336 |
| Feb | 8795 | 10609 |
| Mar | 8826 | 9622 |
| Apr | 9357 | 9233 |
| May | 9853 | 10721 |
| Jun | 10021 | 11177 |
| Jul | 10450 | 11546 |
| Aug | 10450 | No data |
| Sep | 9345 | No data |
| Oct | 9929 | No data |
| Nov | 9742 | No data |
| Dec | 10552 | No data |
12 rows from EIA retail sales.
CSVMassachusetts industrial charts
Industrial price, Massachusetts and U.S.
Massachusetts 13.54 ¢ in 2015 and 18.19 ¢ in 2024, 10.06 ¢ over the national figure.
Massachusetts industrial price against the national average, 2015 to 2024: 10 rows
| Year | Massachusetts industrial | Gap to U.S. industrial | Massachusetts residential |
|---|---|---|---|
| 2015 | 13.54 | +6.63 | 19.83 |
| 2016 | 13.38 | +6.62 | 19.00 |
| 2017 | 13.88 | +7.00 | 20.06 |
| 2018 | 14.89 | +7.97 | 21.61 |
| 2019 | 14.76 | +7.95 | 21.92 |
| 2020 | 14.51 | +7.84 | 21.97 |
| 2021 | 15.18 | +8.00 | 22.89 |
| 2022 | 17.06 | +8.74 | 25.97 |
| 2023 | 17.88 | +9.84 | 29.61 |
| 2024 | 18.19 | +10.06 | 29.35 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +12.4% in 2022; latest +1.7%.
% vs prior year
- -1.22016
- +3.72017
- +7.32018
- -0.92019
- -1.72020
- +4.62021
- +12.42022
- +4.82023
- +1.72024
Year-over-year change, Massachusetts industrial price: EIA retail sales.
CSVAnalyst note
The Massachusetts industrial price sat above the U.S. average in 10 of 10 years; the gap was +6.63 ¢ in 2015 and +10.06 ¢ in 2024. In the 2024 ranking Massachusetts sits between Alaska (19.31 ¢) one place above and Connecticut (17.12 ¢) one place below; the top of the list is 15.94 ¢ away and the bottom 12.76 ¢. Massachusetts was 4th in 2015 with 13.54 ¢ and is 5th now; a fall in the table. Massachusetts industrial prices rose in 6 of 9 years. The largest rise was +12.4% in 2022, and the largest fall -1.7% in 2020. The Massachusetts price peaked at 18.19 ¢ in 2024 and bottomed at 13.38 ¢ in 2016; 2024 is the peak and +35.9% from the low. Compounded, that is +3.33% a year in Massachusetts, +1.51 points against the U.S. Massachusetts buys 0.55% of all U.S. industrial electricity with 0.93% of the accounts, so the average Massachusetts account uses 0.59 times the national average.
Massachusetts industrial customers paid 18.19 ¢ in 2024, which puts the state 5th of 51, a top-ten position, 10.06 ¢ over the U.S. Nine years moved the Massachusetts industrial price +34.3% (+3.3% a year), ahead of the U.S. by 16.7 points. The sharpest year was 2022 at +12.4%; the peak came in 2024.
The latest Massachusetts year moved +1.7%, so prices are still climbing. The Massachusetts residential price of 29.35 ¢ sits 11.16 ¢ above. A Massachusetts industrial account uses 45,440 kWh a month; priced at 18.19 ¢ that is about $8,266, and the sector buys 11.4% of Massachusetts's power.
Counting revenue instead of kWh, Massachusetts industrial accounts bring in 8.7% of Massachusetts sector revenue on 11.5% of the kWh, a discount of 2.8 points that comes from the price level: 18.19 ¢ here against 29.35 ¢ for residential and 20.90 ¢ for commercial accounts. The average Massachusetts industrial account uses 45,440 kWh a month, 42 of 51 among states on that measure; a residential account uses 0.01 times as much and a commercial account 0.10 times. Industrial accounts are 0.31% of the 3,372,902 accounts in Massachusetts.
Facts
- Industrial price 2024
- 18.19 ¢/kWh+123.7% against U.S.
- Price in 2015
- 13.54 ¢/kWh+34.3% to 2024
- Annual change
- +3.3%+1.5 points vs U.S.
- Rank
- 5 of 5146 states cost less
- Gap to U.S.
- +10.06 ¢$4,571.27 a month
- Peak year
- 202418.19 ¢; 2016 low 13.38 ¢
- Sales
- 5.6 TWh11.4% of state sales
- Industrial accounts
- 10,3531.48 per 1,000 residents
- Use per account
- 45,440 kWh/mo545,281 a year
- Implied monthly bill
- $8,266+$4,571 against U.S. rate
Data tables
Massachusetts, industrial: price by year
| Year | Massachusett | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 13.54 | 6.91 | No data | +6.63 | 1.959 |
| 2016 | 13.38 | 6.76 | -1.2% | +6.62 | 1.979 |
| 2017 | 13.88 | 6.88 | +3.7% | +7.00 | 2.017 |
| 2018 | 14.89 | 6.92 | +7.3% | +7.97 | 2.152 |
| 2019 | 14.76 | 6.81 | -0.9% | +7.95 | 2.167 |
| 2020 | 14.51 | 6.67 | -1.7% | +7.84 | 2.175 |
| 2021 | 15.18 | 7.18 | +4.6% | +8.00 | 2.114 |
| 2022 | 17.06 | 8.32 | +12.4% | +8.74 | 2.050 |
| 2023 | 17.88 | 8.04 | +4.8% | +9.84 | 2.224 |
| 2024 | 18.19 | 8.13 | +1.7% | +10.06 | 2.237 |
Massachusetts industrial: cost by use
| Monthly kWh | Massachusetts cost a month | Gap to U.S. rate in Massachusetts |
|---|---|---|
| 11,360 (0.25x the Massachusetts account) | $2,066.38 | +$1,142.82 |
| 22,720 (0.5x the Massachusetts account) | $4,132.77 | +$2,285.63 |
| 45,440 (1x the Massachusetts account) | $8,265.54 | +$4,571.26 |
| 68,160 (1.5x the Massachusetts account) | $12,398.30 | +$6,856.90 |
| 90,880 (2x the Massachusetts account) | $16,531.07 | +$9,142.53 |
| 181,760 (4x the Massachusetts account) | $33,062.14 | +$18,285.06 |
Massachusetts: the three sectors measured against industrial
| Sector | Massachusetts price ¢/kWh | Price vs industrial | Massachusetts kWh per account a month | Use vs industrial | Massachusetts revenue share | Massachusetts kWh share |
|---|---|---|---|---|---|---|
| Residential | 29.35 | 1.61x | 570 | 0.01x | 49.7% | 40.7% |
| Commercial | 20.90 | 1.15x | 4,469 | 0.10x | 41.6% | 47.8% |
| Industrial (this page) | 18.19 | 1.00x | 45,440 | 1.00x | 8.7% | 11.5% |
Questions on Massachusetts industrial
What is the average industrial electricity rate in Massachusetts? Is 18.19 cents high?
18.19 cents in 2024, +123.7% against the U.S. rate.
Where does Massachusetts rank for industrial electricity prices?
5th of 51, with 46 places charging less.
How much did Massachusetts industrial rates change since 2015?
13.54 to 18.19 cents: +34.3% in total, +3.3% a year.
What does an average Massachusetts industrial account pay a month?
45,440 kWh at 18.19 cents, price times use, comes to $8,266.
How large is the Massachusetts industrial customer base?
10,353 accounts, or 1.48 per 1,000 residents.
What year did Massachusetts industrial power peak?
2024 at 18.19 cents; the low was 13.38 cents in 2016.
What did Massachusetts industrial electricity cost in 2025?
Massachusetts averaged 19.35 cents per kWh, +6.4% against 18.19 in 2024, and 5 of 51 among states.
Are Massachusetts industrial electricity prices rising in 2026?
Massachusetts is -3.6 points against the U.S.: 19.99 cents from January to July 2026, +2.3% on 2025.
When in 2025 did Massachusetts industrial power cost most, February or October?
February at 20.28 cents in Massachusetts; October was the lowest at 18.37, a 10% spread.
Does Massachusetts industrial power cost more than the national average in 2026?
10.96 cents above the national average; Massachusetts 19.99 cents over January to July 2026, +2.3% on 2025.
More on Massachusetts industrial
- Massachusetts state hub20 utilities, 482 accounts per 1,000
- Massachusetts residential rates29.35 ¢, rank 3 of 51
- Massachusetts commercial rates20.90 ¢, rank 6 of 51