The Best Springfield MA Electric Rates — Compare Suppliers & Plans

Electricity Companies and Plans in Springfield, Massachusetts

Written by Allie Ogletree/
Edited by Jamie Cesanek/
Last updated 08/13/2024

Shop for energy rates from Springfield’s top providers

Cheapest residential rate in Springfield, Massachusetts

Clearview Energy currently offers the cheapest residential electricity rate in Springfield, Massachusetts, starting at 12.89 cents per kilowatt-hour (kWh). However, the cheapest rate doesn’t always mean it’s the best plan for you. Keeping your usage patterns in mind, consider plan features, usage tiers, early termination fees, and more before signing up.

Best Springfield electricity suppliers

Finding the best Springfield electricity providers starts with knowing where to look. Our free, independent marketplace shows you available providers in your area. Popular energy providers in Springfield’s deregulated energy market include:

Enter your ZIP code to explore the different energy plans near you today and start comparing your options.

The role of utilities in Springfield

Utilities and providers have different responsibilities. In Massachusetts, your utility can also offer electric rates to your home or business. If you experience a power outage, you should contact your utility company. Eversource Electric West is the primary utility company in Springfield, Massachusetts,

You can report or check an outage in the following ways:

Price to compare in Springfield, Massachusetts

If you decide not to choose your own energy provider in Springfield, you’ll automatically receive power at your local utility company’s default rate, also known as the price to compare (PTC). As of June 2024, the PTC with Eversource Energy in Springfield is 15.772 ¢/kWh. You can use the PTC as a marker to determine if finding a different energy provider on our marketplace is a good financial decision. Enter your ZIP code to compare today’s electric rates in Springfield.

Find the best electricity rates in Springfield

Electricity rates in Springfield, Massachusetts, change frequently, making it hard to pinpoint the best electric prices near you. Fortunately, the SaveOnEnergy marketplace makes it simple for you to compare Springfield electricity rates to find the right energy plan for your home or business. Here’s how it works:

How to switch providers in Springfield

If you’re looking for a new provider, you can make the switch using our marketplace. Enter your ZIP code to find providers in your area and sort through your options. Choose a plan you like, and let the provider handle the details of the transfer.

Types of plans in Springfield

There are three main types of energy plans in Springfield, including fixed-rate, variable-rate, and no-deposit plans. It’s important to know the differences between each plan type while picking a plan. Enter your ZIP code to discover which plans are available in your area.

Fixed-rate plans

A fixed-rate energy plan has a contract that typically lasts between 12 and 36 months. This plan type is great for those looking for a stable rate for budgeting, but if you want to switch plans, you may face an early termination fee (ETF).

Variable-rate plans

A variable-rate plan doesn’t come with any ETFs. It changes with the market, so if energy demand is high, you may see a spike in your bills. On the other hand, low-demand months may lead to a decrease in energy bills.

No-deposit plans

Many energy providers require a deposit for certain credit scores. You can avoid paying a deposit with a no-deposit plan. A prepaid energy plan is a common type of no-deposit plan where you pay in advance for electricity and top up your account as needed.

Green electricity

Massachusetts prioritizes green energy sources like solar energy, wind energy, and hydropower energy. Springfield residents have their fair share of green energy plans available to choose from on our marketplace. To narrow down your choices, search your ZIP code and select the filter for renewable energy plans. You can read through each plan’s Terms of Service (TOS) to learn how much renewable energy it offers.

Springfield energy FAQs