Maine Voters Reject State Takeover Of Private Utility Companies -- November 12, 2023

Locator: 46039MAINE. 

Updates

November 12, 2023: link here.

Original Post 

Before we get to the rates, let's look at another "clown world." Waiting in line at midnight to re-charge one's Tesla in Burbank, CA.

Link here.

This appears to be an overall average, not just residential, but it's not clear. 

The EIA says the average retail rate across the US is 12.36 cents / kWh.

These four charts are from the first link above.

Change, descending: note -- 

• Massachusetts rate increased almost 14% y/y and Rhode Island, at 12% was a close second.
• Reason? Link here.

Price, descending: note -- 

• outliers: Hawaii and Alaska; ignore
• of the top eight, excluding the outliers, six were in New England
• the seventh was almost New England -- New York
• the third was California

Price, ascending: note -- 

• least expensive: Louisiana
• of the lowest nine, five were in the South or Deep South
• of the lowest nine, two were on the west coast
• frustratingly, in this data base, ND can no longer claim really, really low rates; now near the national average (insert sad face here); if accurate -- blame wind / solar
  

Price -- New England: note -- 

• Maine has the lowest rates in New England;
  
• Maine is in the midst of a major change in regulating electric rates in off-year election, November 7, 2023
• Maine's rate actually decreased -- albeit negligibly -- y/y.