Electric utility · EIA utility id 1179
Versant Power
- Ownership, as EIA reports it
- Investor Owned
- States served
- ME
- Customers in 2025
- 165,411
- Sales in 2025
- 1,905,474 MWh
- Revenue in 2025
- $421,154,900
U.S. Energy Information Administration · Annual Electric Power Industry Report (Form EIA-861) · data for 2025 · as of Oct 7, 2026 · retrieved Oct 31, 2026 · CC-BY-4.0 May be out of date. The next release was due by Oct 7, 2027. Last checked for an update: Oct 31, 2026.
What it sells and charges
Full service (energy and delivery)
| Sector | Customers | Sales (MWh) | Revenue | Average price (cents per kWh) |
|---|---|---|---|---|
| Residential | 131,540 | 782,853 | $236,043,600 | 30.15 |
| Commercial | 23,742 | 559,734 | $121,271,500 | 21.67 |
| Industrial | 35 | 34,278 | $6,227,600 | 18.17 |
Delivery only
Delivery only, not your full price. Customers buy their energy from a retail provider and pay for it separately.
| Sector | Customers | Sales (MWh) | Revenue | Delivery revenue per kWh (cents) |
|---|---|---|---|---|
| Residential | 6,299 | 31,807 | $6,129,300 | 19.27 |
| Commercial | 3,762 | 157,167 | $24,601,500 | 15.65 |
| Industrial | 33 | 339,635 | $26,881,400 | 7.91 |
Its average price is 9% above the state average for residential customers (27.69 cents per kWh in ME).
How we got this
$236,043,600 residential revenue ÷ 782,853,000 kWh residential sales = 30.15 cents per kWh
Average price is revenue divided by sales, for full-service customers only. It averages every rate and every month, so one household's price can differ. State averages count revenue from every kind of service and sales only once, as EIA does.
Trends, 2021 to 2025
Trend table
| Year | Residential average price (cents per kWh) | Customers |
|---|---|---|
| 2021 | 17.68 | 162,586 |
| 2022 | 23.33 | 163,798 |
| 2023 | 29.09 | 165,020 |
| 2024 | 28.08 | 165,560 |
| 2025 | 30.15 | 165,411 |
U.S. Energy Information Administration · Annual Electric Power Industry Report (Form EIA-861), 2021 to 2025 · data for 2021-2025 · as of Oct 7, 2026 · retrieved Oct 31, 2026 · CC-BY-4.0 May be out of date. The next release was due by Oct 7, 2027. Last checked for an update: Oct 31, 2026.
Annual peak demand
Not reported to FERC. Only utilities that plan or balance their own system file Form 714.
Its balancing authority, ISO New England Inc., peaked at 26,529 MW in 2025. That is the balancing authority's peak, not this utility's.
Catalyst Cooperative (PUDL), from FERC Form 714 · Annual peak demand by planning area (FERC Form 714, through PUDL) · data for 2006-2025 · as of Oct 14, 2026 · retrieved Oct 31, 2026 · CC-BY-4.0 May be out of date. The next release was due by Jan 14, 2027. Last checked for an update: Oct 31, 2026.
Reliability
| State | Standard | SAIDI with major events (minutes) | SAIFI with major events | SAIDI without major events (minutes) | SAIFI without major events |
|---|---|---|---|---|---|
| ME | IEEE 1366 | 500 | 2.38 | 223 | 1.91 |
SAIDI is the average minutes without power per customer in the year; SAIFI is how many outages the average customer had. Major event days are storms and similar rare days, counted with and without.
Generation it operates
It operates no power plants listed in EIA-860, so it buys all of its power.
Published rates
34 rates in the OpenEI database, newest updated Jan 2, 2026.
OpenEI (National Laboratory of the Rockies), with rates entered by contributors · U.S. Utility Rate Database (OpenEI) · data for 2026-10 · as of Oct 30, 2026 · retrieved Oct 31, 2026 · CC-BY-4.0 May be out of date. The next release was due by Nov 30, 2026. Last checked for an update: Oct 31, 2026.