02163 Electric Rates

💡 29.91¢/kWh
👥 1,852
29.91¢per kWh79.3% above US avg

ZIP code 02163 in Boston, MA has a residential electricity rate of 29.91¢/kWh as of 2024, which is 79.3% higher than the national average of 16.68¢/kWh and 1.0% above the MA state average of 29.61¢/kWh.

This higher rate reflects MA's energy infrastructure costs, renewable energy investments, and regional market conditions. Despite higher rates, many residents offset costs through energy efficiency programs and solar installations.

Monthly Bill Estimates

Small (500 kWh)$150
Average (900 kWh)$269
Large (1,400 kWh)$419
Primary Provider
NSTAR Electric Company
✓ Deregulated market - You can choose your provider
Population: 1,852

ZIP Code 02163 Rate Comparison Map

Boston, MA • Compare rates with nearby areas

Rates range from 29.91¢ to 29.91¢ in this area

Loading map...

Click any ZIP code to view details • Darker colors indicate higher rates • Map data © OpenStreetMap

📊 Comprehensive Rate Analysis for 02163

The electricity market in Boston presents unique characteristics that influence your rates.While 02163 pays more than the MA average, this is often due to localized factors such as transmission infrastructure, urban density, and specific utility operational costs.

Key Market Insights

  • Regional Context: MA ranks among states nationally for residential electricity rates. Your specific ZIP code is slightly higher than the state average.
  • Surprising Comparison: Residents in 02163 pay 79% more than the national average, which means an extra $1429 per year for a typical household.
  • Market Structure: As a deregulated market, MA allows you to choose from multiple electricity suppliers, creating competitive pricing opportunities. Shopping for rates could save 10-20% on your electricity costs.

Rate Trend Analysis

Historical data shows that MA electricity rates have fluctuated over the past decade. The current rate of 29.91¢/kWh represents higher costs compared to the state's trajectory. Looking forward, rates are influenced by factors including renewable energy transitions, infrastructure investments, and natural gas prices.

📊 Rate Comparison

ZIP 02163Current ZIP29.91¢/kWh
29.9¢
Nat'l Avg
MA Average29.61¢/kWh
29.6¢
National Average16.68¢/kWh
16.7¢
Low (≤10¢)
Average (15-20¢)
High (>25¢)
Your ZIP

Quick Summary:

The current ZIP code rate is 29.91¢/kWh, compared to the national average of 16.68¢/kWh.

⚡ Your Electric Company

🏆 You Have Choice! MA lets you shop for electricity providers. Learn more →
Available Retail Providers:
TXU Energy
Variable Rate
30.51¢
per kWh
Constellation
Time-of-Use
Save 0.30¢/kWh
29.61¢
per kWh
Champion Energy
Green Choice
Save 1.20¢/kWh
28.72¢
per kWh
Compare all providers at PowerToChoose.org

MA Residential Electricity Rates 1970-2024

Caption: MA residential electricity rates from 1970-2024 (¢/kWh)

Source: EIA State Energy Data System (SEDS) • Rates shown in cents per kilowatt-hour

What Uses Electricity in Your Home?

Understanding where your electricity goes in Boston

📊

Average electricity usage patterns for your region

Usage varies by season, with peaks during extreme temperatures. Energy-efficient appliances and smart thermostats can reduce consumption.

🌡️

Air Conditioning & Heating

Climate control year-round

35%
≈$83.76/mo
35%
💧

Water Heating

Hot water for showers, dishes, and laundry

16%
≈$38.29/mo
16%
🔌

Appliances

Refrigerator, washer, dryer, dishwasher

15%
≈$35.90/mo
15%
💡

Lighting

Indoor and outdoor lighting

9%
≈$21.54/mo
9%
📺

Electronics

TVs, computers, gaming consoles

10%
≈$23.93/mo
10%

Other

Miscellaneous devices

10%
≈$23.93/mo
10%

Estimated Monthly Total

Based on 800 kWh at 29.91¢/kWh

$239.31

* Usage percentages are estimates based on EIA Residential Energy Consumption Survey (RECS) data for the South Census Region. Actual usage varies by household.

Quick Ways to Reduce Usage

Use programmable thermostat
Switch to LED light bulbs (75% savings)
Run appliances during off-peak hours
Seal drafts around windows and doors

💰 Save Money Tips

1
Shop Around
Compare suppliers for better rates
2
Smart Thermostat
Save 10-23% on heating/cooling costs
3
LED Bulbs
Use 80% less energy, last 25x longer
4
Solar Panels
Reduce bills with federal tax credits

Frequently Asked Questions

What is the average electricity rate in ZIP code 02163?

The average residential electricity rate in ZIP code 02163 is 29.91¢ per kilowatt-hour (kWh) as of 2025. This rate is 79.3% higher than the national average of 16.68¢/kWh and is provided primarily by NSTAR Electric Company.

Who is the electric company for 02163?

NSTAR Electric Company is the primary electricity provider for ZIP code 02163. This investor-owned utility serves the area with a residential rate of 29.91¢/kWh.

What is the average monthly electric bill in 02163?

The average monthly electric bill in ZIP code 02163 is approximately $269.22, based on the average residential rate of 29.91¢/kWh and typical household usage of 900 kWh per month. Bills can range from $149.57 for smaller homes (500 kWh) to $448.71 for larger homes (1,500 kWh). Actual bills will vary based on usage, season, and additional fees.

Is 02163 in a deregulated electricity area?

Yes, ZIP code 02163 is located in MA, which has a deregulated electricity market. This means residents and businesses can choose their electricity supplier from multiple retail energy providers, potentially finding better rates or renewable energy options. The utility company still delivers the electricity and maintains the power lines, but you can shop for the best energy supply rate.

How does 02163 compare to other ZIP codes in MA?

ZIP code 02163 has an electricity rate of 29.91¢/kWh, while the MA state average is 29.61¢/kWh — making the state average 1.0% cheaper than this ZIP. This ZIP code's rates are higher than the state average, which may be due to local infrastructure costs, transmission distances, or utility-specific factors. Compare with nearby ZIP codes to find potential savings in your area.

When will 2025 electricity rates be available?

2025 electricity rates for ZIP code 02163 will be available in December 2026 when the U.S. Energy Information Administration (EIA) publishes its annual Form 861 report. The EIA collects data from all U.S. electric utilities and releases the complete dataset approximately 12 months after the reporting year. ElectricityExplorer updates all rates within 48 hours of each new EIA release. The current data shown reflects 2024 rates, which is the most recent complete annual data available.

📊Data Sources & Update Schedule

Current Data Version: 2024 Annual Data (Released December 2025)

Data SourceCoverage PeriodNext Update Expected
EIA Form 8612024 ratesDecember 2026 (2025 data)
NREL Utility Rates2024 ratesQ1 2026
SEDS Historical1970-2024December 2026

How We Calculate Rates

Residential electricity rates are calculated from EIA Form 861 data using the formula:

Total Revenue ÷ Total Sales (MWh) = Average Rate per kWh

Why 2024 Data in 2026?

The EIA publishes annual electricity data approximately 12 months after the reporting year ends. The most current complete dataset available is 2024, released in December 2025. We update our database within 48 hours of each new EIA release.

Looking for 2025, 2026, or 2027 rates?

2025 electricity rates for ZIP code 02163: Will be available in December 2026 when the EIA releases the 2025 annual report.

2026 electricity rates for ZIP code 02163: Expected in December 2027 following the standard 12-month reporting cycle.

2027 electricity rates for ZIP code 02163: Projected release in December 2028 based on historical EIA publication patterns.

📊 Historical Data Available:

We currently have complete residential electricity rate data from 1970 through 2024 for all US ZIP codes, cities, and states.

Data accuracy verified through multiple sources • Updated within 48 hours of new releases