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PUC Adopts 2026 Utility Standard Offer Electricity Supply Rates
In a press release the Maine Public Utilities Commission (PSC) accepted bids for Standard Offer electricity supply today, setting new rates for residential and business customers of Versant Power’s Bangor Hydro District (BHD).
Residential and small commercial customers will see rates increase to 12.95 cents per kWh in January for the supply portion of their bill. The monthly bill will increase by about $11 a month for the average residential customer using approximately 500 kWh of electricity per month.
The bidding process for Versants BHD medium non-residential class and Versants BHD large non-residential class was conducted today only.
“We recognize that rising energy costs create real challenges for Maine households and businesses,” said Chairman Philip L. Bartlett II. The Standard Offer reflects current market realities, and the Commission remains committed to securing the lowest reasonable prices for Maine electric utility customers in a challenging energy environment.”
The impact for residential, small non-residential, and medium class customers as of January 1, 2026, for both utilities is reflected below:
VERSANT-BHD
- Residential/Small Business: 2025 rate: 10.56 cents per kWh; 2026 rate: 12.95 cents per kWh
- Med. Business: 2025 weighted average rate: 10.39 cents per kWh; 2026 weighted average rate: 12.80 cents per kWh
- The Standard Offer prices for large non-residential class for Versant BHD will be indexed to wholesale market prices and will be set in advance of each month.
