Versant Power

Versant Power offers an optional residential time-of-use rate on the delivery portion of your bill, called Home Eco. On weekdays the on-peak periods run 7am to 12pm and 4pm to 8pm, with a shoulder period from 12pm to 4pm; off-peak runs 8pm to 7am, and weekends and holidays are shoulder or off-peak. Charging overnight or on weekends falls in the cheaper off-peak window. A separately metered Home Eco with Bonus Meter option lets EV charging and battery storage bill on the time-of-use rate while the rest of the home stays on a standard rate.

Versant does not run its own EV charger rebate or managed-charging program. The statewide Efficiency Maine Trust administers EV charger incentives and managed charging across both Maine utility territories. Its off-peak charger incentive discounts a qualifying charger, and its managed-charging initiative pays a $50 one-time enrollment incentive plus $50 in annual participation payments for keeping a qualifying Level 2 charger or eligible EV enrolled. Versant's Home Eco rate applies to delivery only and stacks with Efficiency Maine programs, but enrollment in each is separate.

Maine is a restructured electricity market; Versant is a pure transmission and distribution utility and does not sell generation. Your energy supply comes from the standard offer or a competitive supplier, and the Home Eco rate applies only to the delivery charge, not the supply price. That regulatory structure is why most EV-related incentives in Versant territory carry the Efficiency Maine name rather than the utility's.