The Best Boston Electric Rates — Compare Suppliers & Plans

Boston Electric Companies, Rates, and Plans

Shop for energy rates from Boston’s top providers.

Cheapest residential rate in Boston

Constellation Energy currently offers the cheapest electricity rate in Boston on our marketplace. The 12-Month Home Power Plan is a fixed-rate plan priced at 13.79 cents per kilowatt-hour (kWh). However, rates change frequently — enter your ZIP code to browse the latest prices and secure a low rate today.

Best Boston electricity suppliers

If you’re looking for the best Boston electric supplier near you, SaveOnEnergy can help. Simply enter your ZIP code on our marketplace to find a nearby energy provider and plan. From there, you can compare electric rates in Boston to find the best option for your needs. Sign up directly on our site or over the phone with the help of our energy experts.

The role of utilities in Boston

In Massachusetts’ deregulated energy market, utility companies deliver electricity to homes and businesses, fix power outages, and maintain electrical infrastructure. Boston residents are automatically enrolled in their utility’s default plan if they do not select an alternative energy provider.

The utility company for Boston is Eversource Energy. If you experience a power outage, you can contact your utility company in one of two ways:

Price to compare in Boston, Massachusetts

When you purchase energy from Eversource instead of choosing your own electric company, you’ll pay the utility’s default price for power — also known as the price to compare (PTC). Remember to check the PTC regularly and compare it against providers in your area to determine if a cheaper plan is available.

Here are Eversource’s current PTCs:

*Note that variable rates change monthly, and the fixed-rate PTC will change on January 1, 2025.

Find the best electricity rates in Boston

Electricity prices fluctuate throughout the year based on factors like demand, weather conditions, and more. If you want to find cheap electricity alternatives in Boston, you can use the SaveOnEnergy marketplace to track rates and lock in an affordable plan. Here’s how it works:

How to switch providers in Boston

Whether you are moving to Boston or want to explore other options for your electricity, SaveOnEnergy can help you switch providers. Get started by entering your ZIP code to explore plans available in your area. Once you find a plan and sign up, your new provider will handle switching your service. Remember that some providers charge a fee if you cancel your contract early. Check your current TOS to learn if this applies to you.

Types of plans in Boston

As you explore Boston’s deregulated energy market, you may come across different types of plans, including fixed-rate, variable-rate, and renewable options. Let’s break down the most common plan types.

Fixed-rate plans

This popular plan type lets you lock in an electricity rate for the length of your contract (typically 12 to 24 months). Your rate will stay the same during that time, so you’ll enjoy more predictability and stability in your energy costs. However, you might owe an early cancellation fee if you cancel or switch providers before your agreement ends.

Variable-rate plans

If you prefer more flexibility, a variable-rate plan could be a good choice for you. With this plan type, you won’t need to sign a contract, and you can cancel or switch electric companies at any time without penalty. The trade-off? Your rate varies based on demand and market conditions, so your energy bills can rise or fall without warning.

No-deposit plans

When you sign up for a new electricity plan, providers may require a deposit based on your credit score. If you don’t want to pay a deposit, you can shop for a no-deposit plan, such as a prepaid plan. This type of plan allows you to pay for your electricity before you use it and then replenish your account as needed.

Green electricity

Massachusetts continues investing in renewables like wind energy and solar power. Some energy providers offer green energy plans to combat the use of traditional fossil fuels. You can explore renewable options in Boston to lower your carbon footprint.

Business energy plans

Business owners can also enjoy energy choice in Massachusetts’s deregulated market. Shopping around for the right commercial electricity plan can help your business improve its bottom line.

Boston energy FAQs