Compare Wakefield CDP, MA electricity rates and plans (April 2025)

Best Wakefield CDP, MA electricity rates

In the city of Wakefield CDP, you can find electricity rates that range from 11.37 cents to 36.45 cents per kWh. The best electricity plans in Wakefield CDP 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 Wakefield CDP.

Because Massachusetts has a deregulated electricity market, Wakefield CDP 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. Wakefield CDP electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.

Average cost of electricity in Wakefield CDP, Massachusetts

According to our data, the average electricity rate in Wakefield CDP is 17.66 cents per kWh. This equates to an average residential bill of $98.06 per month. Our data also shows the average resident in Wakefield CDP uses 555 kWh per month. Below, you can see how Wakefield CDP's electricity rates compare to the averages in Massachusetts and the United States.

Since the average price is 17.66 cents per kWh or $98.06 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Wakefield CDP, 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 Wakefield CDP electricity plans. Below are our picks for the best residential plans in the state.

Provider	Contract Term	Rate	Plan
	24 months	14.59¢/kWh	See Plan
	24 months	15.09¢/kWh	See Plan
	24 months	15.99¢/kWh	See Plan
See All Plans

Compare Wakefield CDP electricity providers

There are 31 electricity providers in Wakefield CDP, 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.

Business electricity rates in Wakefield CDP, MA

Commercial rates are typically cheaper than residential rates in Wakefield CDP, 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 Wakefield CDP pays 18.02 cents per kWh for electricity and has an average bill of $15,523 per month. They also use 861 kWh per month, which is a big increase from the residential average of 555 kWh.

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 Wakefield CDP, Massachusetts.

Provider	Contract Term	Rate	Plan
	3 months	9.240¢/kWh	See Plan
	3 months	9.508¢/kWh	See Plan
	3 months	9.584¢/kWh	See Plan
	3 months	9.678¢/kWh	See Plan
	3 months	9.699¢/kWh	See Plan
	3 months	9.705¢/kWh	See Plan
	3 months	9.708¢/kWh	See Plan
	3 months	9.710¢/kWh	See Plan
	3 months	9.714¢/kWh	See Plan
	3 months	9.720¢/kWh	See Plan
	3 months	9.780¢/kWh	See Plan
	3 months	9.790¢/kWh	See Plan
	3 months	9.802¢/kWh	See Plan
	3 months	9.804¢/kWh	See Plan
	3 months	9.844¢/kWh	See Plan
	3 months	9.851¢/kWh	See Plan
	3 months	9.860¢/kWh	See Plan
	3 months	9.902¢/kWh	See Plan
	3 months	9.909¢/kWh	See Plan
	3 months	9.928¢/kWh	See Plan
	3 months	9.933¢/kWh	See Plan
	3 months	9.939¢/kWh	See Plan
	3 months	10.077¢/kWh	See Plan
	3 months	10.169¢/kWh	See Plan
	3 months	10.183¢/kWh	See Plan
	3 months	10.269¢/kWh	See Plan
	3 months	10.312¢/kWh	See Plan
	4 months	10.723¢/kWh	See Plan
	4 months	10.935¢/kWh	See Plan
	4 months	11.329¢/kWh	See Plan
	4 months	11.367¢/kWh	See Plan
	4 months	11.401¢/kWh	See Plan
	4 months	11.428¢/kWh	See Plan
	4 months	11.429¢/kWh	See Plan
	4 months	11.449¢/kWh	See Plan
	4 months	11.510¢/kWh	See Plan
	4 months	11.519¢/kWh	See Plan
	4 months	11.550¢/kWh	See Plan
	4 months	11.666¢/kWh	See Plan
	4 months	11.813¢/kWh	See Plan
	4 months	11.916¢/kWh	See Plan
	4 months	11.951¢/kWh	See Plan
	4 months	12.022¢/kWh	See Plan
	4 months	12.051¢/kWh	See Plan
	12 months	12.213¢/kWh	See Plan
	12 months	12.230¢/kWh	See Plan
	12 months	12.233¢/kWh	See Plan
	12 months	12.247¢/kWh	See Plan
	12 months	12.275¢/kWh	See Plan
	12 months	12.278¢/kWh	See Plan
	12 months	12.309¢/kWh	See Plan
	12 months	12.336¢/kWh	See Plan
	12 months	12.368¢/kWh	See Plan
	12 months	12.373¢/kWh	See Plan
	12 months	12.381¢/kWh	See Plan
	15 months	12.381¢/kWh	See Plan
	12 months	12.449¢/kWh	See Plan
	12 months	12.467¢/kWh	See Plan
	12 months	12.471¢/kWh	See Plan
	14 months	12.478¢/kWh	See Plan
	15 months	12.505¢/kWh	See Plan
	12 months	12.520¢/kWh	See Plan
	12 months	12.530¢/kWh	See Plan
	12 months	12.556¢/kWh	See Plan
	60 months	12.558¢/kWh	See Plan
	12 months	12.564¢/kWh	See Plan
	12 months	12.589¢/kWh	See Plan
	14 months	12.590¢/kWh	See Plan
	16 months	12.604¢/kWh	See Plan
	60 months	12.616¢/kWh	See Plan
	60 months	12.618¢/kWh	See Plan
	12 months	12.618¢/kWh	See Plan
	12 months	12.642¢/kWh	See Plan
	60 months	12.655¢/kWh	See Plan
	12 months	12.659¢/kWh	See Plan
	48 months	12.685¢/kWh	See Plan
	12 months	12.693¢/kWh	See Plan
	12 months	12.694¢/kWh	See Plan
	18 months	12.698¢/kWh	See Plan
	24 months	12.709¢/kWh	See Plan
	18 months	12.713¢/kWh	See Plan
	16 months	12.725¢/kWh	See Plan
	13 months	12.727¢/kWh	See Plan
	5 months	12.728¢/kWh	See Plan
	12 months	12.738¢/kWh	See Plan
	48 months	12.747¢/kWh	See Plan
	48 months	12.748¢/kWh	See Plan
	24 months	12.757¢/kWh	See Plan
	54 months	12.766¢/kWh	See Plan
	36 months	12.768¢/kWh	See Plan
	60 months	12.769¢/kWh	See Plan
	48 months	12.784¢/kWh	See Plan
	36 months	12.793¢/kWh	See Plan
	24 months	12.805¢/kWh	See Plan
	36 months	12.812¢/kWh	See Plan
	30 months	12.817¢/kWh	See Plan
	18 months	12.822¢/kWh	See Plan
	54 months	12.828¢/kWh	See Plan
	54 months	12.829¢/kWh	See Plan
	13 months	12.830¢/kWh	See Plan
See All Plans

How to switch your Wakefield CDP electricity provider

While switching electricity companies in Wakefield CDP 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 Wakefield CDP, Massachusetts?

Now that you understand the steps for switching providers, knowing the ideal timing can help you save more on your Wakefield CDP 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

Wakefield CDP'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 Wakefield CDP, MA

The electricity marketplace in Wakefield CDP 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 Wakefield CDP electricity rates

Compare Wakefield CDP electricity rates to save money and avoid overpaying in the deregulated market. Bills can vary greatly, with rates between 11 to 36 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.

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Wakefield CDP, MA electricity rate FAQs