Compare Holyoke, MA electricity rates and plans (October 2025)

Holyoke electricity rates vary, but the average residential rate is around 14.23 cents per kWh, with a monthly bill averaging $85.02.

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Brogan Woodburn

Last updated: Oct 1, 2025

Fact checked by: Alex Zdanov

What to know about electricity rates in Holyoke, MA

  • Holyoke residents pay 14.23 cents per kWh while the average national rate is 16.29 cents
  • The cheapest electricity rate is 12.39 cents per kWh for Holyoke residents
  • You can shop rates from 31 available providers in Holyoke

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Best Holyoke, MA electricity rates

In the city of Holyoke, you can find electricity rates that range from 12.39 cents to 39.72 cents per kWh. The best electricity plans in Holyoke for you depend on how much power you use and when you use it. Comparing companies is the best way to find better rates. Below are some rates from popular electric companies in Holyoke.

What is the cheapest electricity company in Holyoke, MA?

ProviderServiceRate (¢/kWh)
Astral EnergyEnergy11.50
Dynegy Energy ServicesEnergy11.87
Constellation EnergyEnergy12.92
Just EnergyEnergy14.48
First Point PowerEnergy15.26
Eligo EnergyEnergy15.27
Direct EnergyEnergy16.48
Holyoke Gas and ElectricBundled16.56
CleanSky EnergyEnergy16.77
NextEra EnergyEnergy16.99

Because Massachusetts has a deregulated electricity market, Holyoke residents have the flexibility to shop around for a cheaper electricity bill. Many states don't offer this choice. If you're looking to reduce your energy bill, consider switching to a different provider or plan. Holyoke electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.

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Average cost of electricity in Holyoke, Massachusetts

According to our data, the average electricity rate in Holyoke is 14.23 cents per kWh. This equates to an average residential bill of $85.02 per month. Our data also shows the average resident in Holyoke uses 598 kWh per month. Below, you can see how Holyoke's electricity rates compare to the averages in Massachusetts and the United States.

RateUsageBill
Holyoke Average14.23¢598 kWh$85.02
Massachusetts Average27.22¢548 kWh$149.09
United States Average16.29¢522 kWh$85.02

Since the average price is 14.23 cents per kWh or $85.02 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Holyoke, Massachusetts depend on your home size and usage, so the kWh rate is more useful when comparing your rate to the average.

Best electricity plans

We've analyzed the prices, terms, and conditions of popular Holyoke electricity plans. Below are our picks for the best residential plans in the state.

ProviderContract TermRatePlan
Constellation Energy logo24 months14.59¢/kWhSee Plan
Constellation Energy logo24 months15.09¢/kWhSee Plan
Constellation Energy logo24 months15.99¢/kWhSee Plan
See All Plans

Compare Holyoke electricity providers

There are 31 electricity providers in Holyoke, MA. While some providers only serve specific areas, you have multiple options for electricity wherever you are. Different providers can offer different specials, plan types, and sales throughout the year. However, always read the fine print of the energy plans you consider to avoid hidden penalties.

Residential Electricity Providers in Holyoke

ProviderService TypeRate (¢/kWh)Bill
Astral EnergyEnergy11.50$53.28
Dynegy Energy ServicesEnergy11.87$80.45
Constellation EnergyEnergy12.92$64.19
Just EnergyEnergy14.48$63.99
First Point PowerEnergy15.26$98.90
Eligo EnergyEnergy15.27$86.58
Direct EnergyEnergy16.48$106.92
Holyoke Gas and ElectricBundled16.56$102.28
CleanSky EnergyEnergy16.77$106.64
NextEra EnergyEnergy16.99$107.89
Showing 10 of 31 providers

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Business electricity rates in Holyoke, MA

Commercial rates are typically cheaper than residential rates in Holyoke, Massachusetts because businesses consume a lot of energy. This means they get a volume discount on electricity. Think about how much power a corner store might use to run HVAC, refrigeration, security systems, lighting, and computers. It adds up. Our data shows the average business in Holyoke pays 13.43 cents per kWh for electricity and has an average bill of $830.30 per month. They also use 6183 kWh per month, which is a big increase from the residential average of 598 kWh.

RateUsageBill
Holyoke Average13.43¢6183 kWh$830.30
Massachusetts Average20.46¢2297 kWh$469.92
United States Average12.17¢6824 kWh$830.30

Finding ways to reduce overhead costs is essential as a business owner. You have the opportunity to do that in a deregulated electricity market. Even reducing your electricity by one or two cents per kWh can make a huge difference when you have a high monthly bill. Compare commercial electricity rates to find the plan that makes the most sense for your business.

Best commercial electricity plans

Below are the top commercial electricity plans in Holyoke, Massachusetts.

ProviderContract TermRatePlan
First Point Power logo3 months9.240¢/kWhSee Plan
First Point Power logo3 months9.508¢/kWhSee Plan
First Point Power logo3 months9.584¢/kWhSee Plan
First Point Power logo3 months9.678¢/kWhSee Plan
National Gas & Electric logo3 months9.699¢/kWhSee Plan
National Gas & Electric logo3 months9.705¢/kWhSee Plan
National Gas & Electric logo3 months9.708¢/kWhSee Plan
First Point Power logo3 months9.710¢/kWhSee Plan
National Gas & Electric logo3 months9.714¢/kWhSee Plan
National Gas & Electric logo3 months9.720¢/kWhSee Plan
National Gas & Electric logo3 months9.780¢/kWhSee Plan
First Point Power logo3 months9.790¢/kWhSee Plan
First Point Power logo3 months9.802¢/kWhSee Plan
First Point Power logo3 months9.804¢/kWhSee Plan
National Gas & Electric logo3 months9.844¢/kWhSee Plan
National Gas & Electric logo3 months9.851¢/kWhSee Plan
National Gas & Electric logo3 months9.860¢/kWhSee Plan
First Point Power logo3 months9.902¢/kWhSee Plan
First Point Power logo3 months9.909¢/kWhSee Plan
First Point Power logo3 months9.928¢/kWhSee Plan
First Point Power logo3 months9.933¢/kWhSee Plan
First Point Power logo3 months9.939¢/kWhSee Plan
First Point Power logo3 months10.077¢/kWhSee Plan
First Point Power logo3 months10.169¢/kWhSee Plan
First Point Power logo3 months10.183¢/kWhSee Plan
First Point Power logo3 months10.269¢/kWhSee Plan
First Point Power logo3 months10.312¢/kWhSee Plan
First Point Power logo4 months10.723¢/kWhSee Plan
First Point Power logo4 months10.935¢/kWhSee Plan
First Point Power logo4 months11.329¢/kWhSee Plan
First Point Power logo4 months11.367¢/kWhSee Plan
First Point Power logo4 months11.401¢/kWhSee Plan
First Point Power logo4 months11.428¢/kWhSee Plan
First Point Power logo4 months11.429¢/kWhSee Plan
First Point Power logo4 months11.449¢/kWhSee Plan
First Point Power logo4 months11.510¢/kWhSee Plan
First Point Power logo4 months11.519¢/kWhSee Plan
First Point Power logo4 months11.550¢/kWhSee Plan
First Point Power logo4 months11.666¢/kWhSee Plan
First Point Power logo4 months11.813¢/kWhSee Plan
First Point Power logo4 months11.916¢/kWhSee Plan
First Point Power logo4 months11.951¢/kWhSee Plan
First Point Power logo4 months12.022¢/kWhSee Plan
First Point Power logo4 months12.051¢/kWhSee Plan
Next Era Energy logo12 months12.213¢/kWhSee Plan
Next Era Energy logo12 months12.230¢/kWhSee Plan
Next Era Energy logo12 months12.233¢/kWhSee Plan
Next Era Energy logo12 months12.247¢/kWhSee Plan
Next Era Energy logo12 months12.275¢/kWhSee Plan
Next Era Energy logo12 months12.278¢/kWhSee Plan
Next Era Energy logo12 months12.309¢/kWhSee Plan
Next Era Energy logo12 months12.336¢/kWhSee Plan
Next Era Energy logo12 months12.368¢/kWhSee Plan
Next Era Energy logo12 months12.373¢/kWhSee Plan
Next Era Energy logo12 months12.381¢/kWhSee Plan
First Point Power logo15 months12.381¢/kWhSee Plan
Next Era Energy logo12 months12.449¢/kWhSee Plan
Next Era Energy logo12 months12.467¢/kWhSee Plan
Next Era Energy logo12 months12.471¢/kWhSee Plan
First Point Power logo14 months12.478¢/kWhSee Plan
First Point Power logo15 months12.505¢/kWhSee Plan
Next Era Energy logo12 months12.520¢/kWhSee Plan
Next Era Energy logo12 months12.530¢/kWhSee Plan
Next Era Energy logo12 months12.556¢/kWhSee Plan
Engie logo60 months12.558¢/kWhSee Plan
Next Era Energy logo12 months12.564¢/kWhSee Plan
Next Era Energy logo12 months12.589¢/kWhSee Plan
First Point Power logo14 months12.590¢/kWhSee Plan
First Point Power logo16 months12.604¢/kWhSee Plan
Engie logo60 months12.616¢/kWhSee Plan
Engie logo60 months12.618¢/kWhSee Plan
Next Era Energy logo12 months12.618¢/kWhSee Plan
Next Era Energy logo12 months12.642¢/kWhSee Plan
Engie logo60 months12.655¢/kWhSee Plan
Next Era Energy logo12 months12.659¢/kWhSee Plan
Engie logo48 months12.685¢/kWhSee Plan
Next Era Energy logo12 months12.693¢/kWhSee Plan
Next Era Energy logo12 months12.694¢/kWhSee Plan
Next Era Energy logo18 months12.698¢/kWhSee Plan
Next Era Energy logo24 months12.709¢/kWhSee Plan
Next Era Energy logo18 months12.713¢/kWhSee Plan
First Point Power logo16 months12.725¢/kWhSee Plan
First Point Power logo13 months12.727¢/kWhSee Plan
First Point Power logo5 months12.728¢/kWhSee Plan
Next Era Energy logo12 months12.738¢/kWhSee Plan
Engie logo48 months12.747¢/kWhSee Plan
Engie logo48 months12.748¢/kWhSee Plan
Next Era Energy logo24 months12.757¢/kWhSee Plan
Engie logo54 months12.766¢/kWhSee Plan
Next Era Energy logo36 months12.768¢/kWhSee Plan
Engie logo60 months12.769¢/kWhSee Plan
Engie logo48 months12.784¢/kWhSee Plan
Next Era Energy logo36 months12.793¢/kWhSee Plan
Next Era Energy logo24 months12.805¢/kWhSee Plan
Engie logo36 months12.812¢/kWhSee Plan
Next Era Energy logo30 months12.817¢/kWhSee Plan
Next Era Energy logo18 months12.822¢/kWhSee Plan
Engie logo54 months12.828¢/kWhSee Plan
Engie logo54 months12.829¢/kWhSee Plan
First Point Power logo13 months12.830¢/kWhSee Plan
See All Plans

How to switch your Holyoke electricity provider

While switching electricity companies in Holyoke might seem challenging, understanding the essential steps can make the process straightforward and manageable.

To begin the switch:

  • Contact your current supplier using the information on your Eversource bill
  • Ask about early termination fees and potential charges
  • Request fee waivers if applicable
  • Review your contract terms carefully
  • Document all communications with suppliers

Before finalizing your switch, you should:

  • Compare rates from multiple suppliers
  • Check supplier reputations
  • Understand plan options (fixed vs. variable rates)
  • Review renewal policies
  • Verify new contract terms

For assistance, contact the Massachusetts Department of Public Utilities or Attorney General's office.

Best time to switch electric companies in Holyoke, Massachusetts?

Now that you understand the steps for switching providers, knowing the ideal timing can help you save more on your Holyoke electricity bills.

The best times to switch include:

  • When your current contract is nearing expiration
  • During winter months, when fixed-rate contracts often beat utility basic service rates
  • In off-peak seasons (spring and fall) when demand is lower
  • When market rates show a downward trend

Compare electricity plans

Find the best electricity rates in your area

Holyoke's deregulated electricity market

Massachusetts electricity deregulation, launched in March 1998, transformed the state's energy landscape by breaking up utility monopolies and introducing consumer choice.

Under this system, you receive electricity through a two-part structure:

  • Distribution/transmission services from your local utility company (NSTAR, Mass Electric, or Western Mass)
  • Energy supply from either your utility's Default Service or a competitive supplier of your choice

The Independent System Operator of New England (ISO-NE) manages the wholesale market, while the Department of Public Utilities (DPU) oversees rates.

You'll still get one consolidated bill, but you're free to shop around for the best generation rates among licensed suppliers.

Types of electricity plans in Holyoke, MA

The electricity marketplace in Holyoke offers four distinct types of plans to meet varying consumer needs and preferences.

You'll find fixed-rate plans that lock in your price per kWh throughout your contract term, providing predictable monthly bills.

Variable-rate plans offer flexibility with month-to-month rates that adjust to market conditions.

For those seeking alternative options, you'll have access to prepaid and no-deposit plans that let you manage costs upfront without credit checks.

If environmental impact matters to you, renewable energy plans source electricity from sustainable resources, though they typically come at premium rates.

Each plan type carries specific advantages and considerations that align with different customer priorities and circumstances.

Compare Holyoke electricity rates

Compare Holyoke electricity rates to save money and avoid overpaying in the deregulated market. Bills can vary greatly, with rates between 12 to 40 cents per kWh across different providers and plan structures. Take the time to read the fine print and do the math to figure out which is your best option.

Compare electricity plans

Find the best electricity rates in your area

Electricity rates for cities near Holyoke, Massachusetts

Electricity rates for other cities

Holyoke, MA electricity rate FAQs

What is a good rate per kWh in Holyoke?

In Holyoke, Massachusetts, a good electricity rate falls between 13 cents to 15 cents per kWh. Tired of high bills? Shop during spring and fall to lock in lower prices before HVAC use spikes in the summer or winter.

What are electric rates in Holyoke today?

Holyoke electricity rates currently average 14.23 cents per kWh, but you'll likely pay between 12 to 16 cents depending on your provider, location, and plan type.

Why is electricity so expensive in Holyoke, MA right now?

Holyoke electric rates currently range from 12 to 40 cents per kWh with an average of 14 per kWh. Your best deal depends on comparing multiple providers to find the right plan based on your usage patterns.

Will electricity get cheaper in the future?

Electricity rates fluctuate due to energy demand, fuel costs, grid infrastructure, and regulatory policies. While short-term declines may occur, long-term trends often show increases due to inflation, grid modernization, and shifts to renewable energy.