Vermont electricity rates
As of May 2026, the average residential electricity rate in Vermont is 24.89 cents per kilowatt-hour, 35% above the U.S. average of 18.44¢. That is the 11th highest rate of the 50 states and the District of Columbia.
- Year over year
- ▲ +4.8% from 23.75¢ in May 2025
- Vs. U.S. average
- +35.0% U.S. average 18.44¢
- National rank
- #11 of 51 · #41 cheapest
- Supply market
- ISO New England Regulated monopoly
Why Vermont pays what it pays
Vermont looks like an outlier next to Connecticut and Massachusetts, and the reason is contractual. The state's utilities hold long-term supply agreements, notably large blocks of Hydro-Québec output plus in-region hydro and nuclear, rather than buying most of their energy at the ISO New England spot price. When regional gas prices spike in January, Vermont's exposure is a fraction of its neighbours'.
The state also has no retail choice. That removes the six-month default-service reset that makes New Hampshire and Massachusetts step up and down, and replaces it with a rate case. Costs accumulate, the regulator reviews them, and a change is approved once. The result is a rate that drifts rather than jumps.
Where Vermont power comes from
Vermont generated 2 TWh in 2025, the 50th largest output of any state. Hydroelectric supplied 53.4% of it, enough that the price of that fuel largely sets the price of electricity here. Renewables accounted for 97.5%, against 23.8% nationally, which ranks Vermont #1 of 51.
- Hydroelectric 53.4% 1 TWh
- Wind 17% 384 GWh
- Wood and biomass 16.6% 376 GWh
- Solar 10.5% 236 GWh
- Other 2.5% 56 GWh
Source: U.S. Energy Information Administration, Electric Power Operational Data, net generation, all sectors. Net generation across all sectors. Nuclear counts as carbon-free but not renewable, so the two shares differ.
How Vermont compares
Vermont ranks #11 of 51 jurisdictions by residential price, making it the 41st cheapest. Within the New England division, no state is cheaper.
| State | ¢/kWh | YoY | Rank |
|---|---|---|---|
| Vermont | 24.89 | +4.8% | #11 |
| New Hampshire | 27.33 | +13.8% | #9 |
| Connecticut | 27.37 | -13.4% | #8 |
| Maine | 28.63 | +2.6% | #6 |
| Massachusetts | 28.82 | -3.6% | #5 |
| Rhode Island | 29.46 | +1.6% | #4 |
Source: U.S. Energy Information Administration, Electric Power Monthly, Table 5.6.A: Average Price of Electricity to Ultimate Customers by End-Use Sector, by State. Data period May 2026. Retrieved 2026-08-19.
What Vermont households actually pay
Estimate your Vermont bill
Multiply your own usage by the May 2026 state average. Enter the kilowatt-hours from your last statement. This is a supply-and-delivery blended average, not a utility quote.
Rate used: …. U.S. average 18.44¢/kWh, May 2026. Source: U.S. Energy Information Administration, Electric Power Monthly Table 5.6.A.
Heating in Vermont: gas, heat pump or resistance
Residential natural gas in Vermont averaged $17.34 per thousand cubic feet in 2024, about $1.67 per therm, against a national average of $14.50. Put on the same scale as the state's electricity rate, the cost of delivering one million BTU of heat works out as follows.
In Vermont, gas remains cheaper to run than a heat pump by about $5.74 per million BTU at these assumptions, roughly $344 over a 60 million BTU season. A heat pump can still be the better purchase once cooling, equipment age and incentives are counted, but not on heating cost alone.
Gas price: U.S. Energy Information Administration, Natural Gas Prices, price delivered to residential consumers, 2024. Assumptions are adjustable in the heating cost guide, and every state is compared on the gas price page.
What each Vermont utility charges
The statewide average hides a wide spread. Across the 5 Vermont utilities reporting to the EIA, rates run from 18.88¢ at City of Burlington Electric to 24.58¢ at Sunrun Inc. . Together they serve 284,469 residential customers.
| Utility | ¢/kWh | Bill | kWh | Customers |
|---|---|---|---|---|
| Green Mountain Power Corp | 22.09 | $129 | 586 | 226,675 |
| Vermont Electric Cooperative, Inc | 23.26 | $130 | 558 | 35,964 |
| City of Burlington Electric | 18.88 | $79 | 420 | 17,861 |
| Sunrun Inc. | 24.58 | $149 | 606 | 2,381 |
| Tesla Inc. | 20.35 | $81 | 396 | 1,588 |
Source: U.S. Energy Information Administration, Form EIA-861 annual electric power industry report, 2024.
Who sells electricity in Vermont
Green Mountain Power serves roughly three-quarters of the state. Burlington Electric Department, a municipal utility, and Vermont Electric Cooperative cover much of the rest. All of them procure supply on their customers' behalf, and there is no competitive residential supplier market to shop.
Vermont's renewable energy standard is among the most demanding in the country, and utilities meet it substantially through hydro and in-state distributed solar rather than by buying unbundled certificates.
Vermont sits in New England. Six states sharing one constrained gas pipeline network, which sets the winter price for all of them. Read the regional analysis.
What you can actually do about it
With no supplier to switch, the levers available to a Vermont household are all on the usage side: weatherisation, heat-pump efficiency, and utility programmes such as GMP's battery and demand-response offerings, which pay customers for letting the utility draw on home storage during peak hours.
Efficiency Vermont, funded through a charge on your bill, is the statewide efficiency administrator and worth checking before any equipment purchase. Its rebates frequently exceed the federal credits.
Closest states by price
These jurisdictions charge within a fraction of a cent of Vermont, which is useful if you are comparing a move or a multi-state operating cost.
Vermont electricity rates: common questions
What is the average electricity rate in Vermont?
The average residential electricity rate in Vermont is 24.89 cents per kilowatt-hour as of May 2026, according to the U.S. Energy Information Administration. That is +35.0% relative to the national average of 18.44¢/kWh.
How much is the average monthly electric bill in Vermont?
The average Vermont household paid $140 a month across the twelve months to May 2026, using an average of 597 kWh. That is -9.6% against the U.S. average bill of $155, and it ranks 32nd highest of the 51 jurisdictions. Your own bill depends on the size of your home, your heating and cooling equipment and your rate schedule.
Why is the Vermont bill ranking different from its rate ranking?
A bill is the rate multiplied by usage, and usage varies between states more than price does. Vermont ranks #11 of 51 on price but 32nd on the actual bill, because households there use about 597 kWh a month against a national average of 871. Climate and heating fuel drive most of that difference.
Have electricity rates in Vermont gone up?
Vermont rates rose 4.8% over the year to May 2026, from 23.75¢ in May 2025 to 24.89¢.
Can I choose my electricity supplier in Vermont?
Regulated monopoly. Vermont households buy both supply and delivery from their local regulated utility or co-operative; there is no competitive residential supplier market.