Belmont Light is a municipally owned entity serving the state of Massachusetts such as the cities of Cambridge, Lowell, Newton, Somerville, and Framingham CDP. There are 877 commercial customers and 1 industrial customer accounts served by the company. Belmont Light's patrons are charged an average residential electricity price of 20.76 cents per kilowatt hour, ranking the provider at 105th out of 45 providers in the state and 3071st out of 3510 in the US. Around 121,377 megawatt hours were sold by the provider to retail accounts in 2019. During the same timeframe, Belmont Light purchased 127,977 megawatt hours by way of the wholesale market. In 2019, they made a total of $24,570,300 from business activities relating to the sale and transfer of electricity. They had revenue of $24,424,700 from retail sales to end users.
About Belmont Light
The United States average monthly residential electric bill is $120.24, while the Belmont Light average is 8.53% lower at $109.98 per month. Electricity production is not handled in house at the company, as they purchase power at wholesale rates from other companies and then resell to their consumers.
Luckily, Belmont Light offers net metering options to their customers. The purchase of solar panels and alternative electricity sources is often too expensive for citizens. Net metering allows purchasers of these electricity sources to sell extra megawatt hours back to the grid, making the installation of these alternative sources economically viable .
Belmont Light Rate & Electric Bills
Belmont Light residential electric rates are highest in January and the highest average bill is in April.
Historical Electric Rates:
Belmont Light Overview
- Company Type:Municipal
- Headquarters:40 Prince Street
Belmont , Massachusetts 02478
United States of America
- CEO:Craig Spinale
Belmont Light Contact
Belmont Light Service
- Rates & Plans:www.belmontlight.com
- Outage Phone:(617) 993-2800
Belmont Light Coverage Map
Belmont Light State Coverage
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
Belmont Light County Coverage
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
Cities Belmont Light Has Coverage
- Cambridge, MA
- Everett, MA
- Lowell, MA
- Malden, MA
- Marlborough, MA
- Medford, MA
- Melrose, MA
- Newton, MA
- Somerville, MA
- Waltham, MA
- Watertown Town, MA
- Woburn, MA
* City coverage generated based on government data. Always verify you can get service from the provider.
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Belmont Light FAQ:
What is the average bill for Belmont Light customers each month?
Consumers of Belmont Light pay, on average, a monthly bill of $109.98.
What is the average electricity rate for Belmont Light customers?
Belmont Lights current average electricity rate is 20.76 cents per kilowatt hour (¢/kWh), compared to the average Massachusetts rate of 22.03 cents and the average national rate of 13.45 cents.
What cities does Belmont Light offer service in?
Belmont Light provides electricity to 12 cities.
Who is the CEO of Belmont Light?
Craig Spinale is the current CEO of Belmont Light.
What is the phone number for Belmont Light?
The Belmont Light phone number is (617) 993-2800.