That’s what the data shows. And while the reasons are complex, the trend is simple: in Massachusetts, electricity prices are climbing faster each year. It’s a shift that’s reshaping how we think about solar, energy planning, and the future of homes on Martha’s Vineyard and beyond.
For decades, electric rates in Massachusetts have risen at a predictable 4% a year. But recent averages tell a new story:
Each shorter-term trend climbs more steeply than the last. That’s not just inflation—it’s acceleration.
Some causes are familiar:
But newer pressures are amplifying the effect:
Demand is rising quickly. Supply is costly, complex, and slow to scale. These aren’t temporary glitches—they’re signs of a system in transition.
Solar has always been a long-game investment. But as utility prices rise faster, its value shows up more immediately.
Our state continues to lead with meaningful support:
These help reduce upfront costs and make the long-term math even better—especially as rates climb.
This isn’t a “hurry up and buy now” message. But it is a moment worth paying attention to.
If electricity rates keep climbing at this pace, energy choices that once felt optional—like rooftop solar or home batteries—may soon feel like common-sense infrastructure.
We monitor public data from the U.S. Energy Information Administration (EIA) to track long-term pricing trends. The 2024 numbers won’t be out until October 2025, but when they are, we’ll share what we learn—helping you stay one step ahead in the evolving world of electrification. Onward!
