Versant Power Salary

As of April 2026, the average annual salary for employees at Versant Power in the United States is $105,427. This translates to an approximate hourly wage of $51. Salaries at Versant Power typically range from $92,753 to $119,147 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Versant Power Pay for Different Roles?

Explore detailed salary information for specific jobs at Versant Power. Based on our data, the highest paying job is the President & Chief Operating Officer, with an annual salary of $476,080. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Versant Power

Ready for your next career move? Explore current job openings at Versant Power. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Versant Power’s Pay Competitive? Salary Benchmarking Analysis

How does Versant Power's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Scandrill Inc $111,788
+6.0%
Data suggests Scandrill Inc's workforce skews heavily towards veteran, high-tenure roles.
Agc Field Operations LLC $124,066
+17.7%
Influenced by prevailing union wage agreements specific to Agc Field Operations LLC's sector.
FranklinWH Technologies Co $144,465
+37.0%
Reflects a supply-demand imbalance for the specific talent FranklinWH Technologies Co targets.
Lee County Electric Cooperative Inc $104,953
-0.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Energy & Utilities Industry $130,148
+23.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Versant Power

Considering a career at Versant Power? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
I feel like my contributions are recognized, and that motivates me daily. However, changes are often to roll out, even when needed urgently. It’s not a bad job, but it lacks inspiration or emotional connection to the work we do. We stay aligned on goals, and initiatives around sustainability and safety are implemented thoughtfully. , there's a strong sense of teamwork across field operations, engi...
The leadership team provides clear direction and listens to feedback. Outreach programs, disaster response efforts, and educational initiatives make a real difference. Transparency and accountability from leadership. Tasks are repetitive but manageable. Working here has given me a sense of purpose, knowing we contribute to essential services that power communities. No surprises, just clarity. It's...
It’s a quiet place to work with limited distractions. Regular training programs and upskilling initiatives are offered. Communication is streamlined, and roles are respected.

Versant Power Overview

Website
www.versantpower.com
Founded In
2014
Employees
200 - 500 employees
Industry
Energy & Utilities
Headquarter Address
PO Box 932 Bangor Maine ME 04402
Revenue
$200 Million - $500 Million
Phone Number
+1 2079732000
Social Media
About Versant Power
Versant Power is a regulated electric transmission and distribution utility serving customer accounts in northern and eastern Maine. They are based in Bangor, Maine.

What Benefits Does Versant Power Offer Beyond Salary?

A competitive compensation package is more than just a salary. Versant Power offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Bangor?

Understanding the cost of living near Bangor is key to truly evaluating a salary offer or your current compensation at Versant Power.
Bangor's Cost of Living Index is approximately 90.3 (9.7% less expensive than US average; 11.0% less than ME average). Central ME city, regional hub, affordable housing. Community Connector bus. When planning your budget based on a salary from Versant Power, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Versant Power salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (Community Connector monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,550+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Versant Power

1. What is the typical salary range (low to high) for most roles at Versant Power?

The typical annual salary range for most roles at Versant Power is approximately from $92,753 to $119,147. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Versant Power pay compared to Scandrill Inc?

The average annual salary at Versant Power is $105,427, or an hourly wage of $51, in comparison to Scandrill Inc which pays $111,788 per year or $54 per hour.

3. Do salaries differ significantly between departments at Versant Power?

Yes, salaries often differ between departments at Versant Power due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Versant Power?

Experience level is a significant factor in determining salary at Versant Power, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Versant Power in Bangor is fair given the local cost of living?

To determine if a salary offer from Versant Power in Bangor is fair, first compare the gross salary to our data for similar roles at Versant Power and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Bangor" to understand its purchasing power.

6. Why might an individual's actual salary at Versant Power differ from the ranges shown here?

An individual's actual salary at Versant Power can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.