Danvers Electric Department: Rates and Coverage Area

Danvers Electric Department

Electricity Rates, Plans & Statistics

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About Danvers Electric Department

Danvers Electric Department provides electricity in Danvers CDP in Essex County, Massachusetts. A total of 12,947 customers (85.57% residential properties, 12.00% commercial customers and 2.43% industrial properties) are supplied electricity by the company. On average, Danvers Electric Department's patrons spend 18.19 cents per kilowatt hour for their residential electricity. This is 15.43% higher than the US average price of 15.76 cents, resulting in the company ranking 2659th out of 2892 providers in the United States for best average electricity rate. A total of 291,944 megawatt hours were sold through retail sales in 2022 by the company. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 301,330 megawatt hours purchased by the company. Their total revenue in 2022 was $41,960,100 and came from sales to retail electricity customers alone.

The average residential electricity bill for a consumer of Danvers Electric Department is $124.4 per month. Customers of the company pay a 8.08% markdown compared to other residents of the country. The supplier is not associated with any electricity production plants and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other companies.

Danvers Electric Department Net Metering

Offering net metering to customers is a win-win situation for Danvers Electric Department and any individuals who receive their electricity from the company. Installation of solar panels and alternative electricity sources is often too expensive for people. Net metering allows purchasers of these electricity sources to sell unused megawatt hours back into the grid, making the installation of these alternative sources economically viable.

Energy Loss

Energy loss is a fact of life when working with electricity transmission. Danvers Electric Department currently averages a loss of roughly 4.34% of the aggregate electricity they transmit. Danvers Electric Department's energy loss levels place them at of 15th best out of the 72 providers that operate in Massachusetts and report energy loss and 710th best out of 3526 in the nation.

Danvers Electric Department Rate & Electric Bills

Danvers Electric Department residential electric rates are highest in March and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.207/kWh$0.135/kWh$154.65/mo.$77.03/mo.
2659th18.19¢Danvers Electric Department's Average residential price per kWh
1557th$124.4Average monthly electricity bill for Danvers Electric Department's residential customers

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Danvers Electric Department Overview

  • Company Type:Municipal
  • Headquarters:1 Burroughs Street
    Danvers, Massachusetts 01923
    United States of America
  • Director/Superintendent:David Lane

Danvers Electric Department Contact

Danvers Electric Department Service

  • States Served:
    • Massachusetts
  • Counties Served:
    • Essex County
  • Major Cities Served:

Energy Loss

Danvers Electric Department's energy loss due to business operations.

-4.34%

Total Energy Loss

13,253MWh

710 National Rank

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Danvers Electric Department Coverage Map

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Danvers Electric Department State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Massachusetts12,94741,401,157.3615100%

Danvers Electric Department County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Essex County806,7654334.42$184.77/mo

Danvers Electric Department Reviews

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Danvers Electric Department FAQ:

What is the average bundled bill for Danvers Electric Department customers each month?

Danvers Electric Department currently has an average monthly bundled electric bill of $124.40, compared to the Massachusetts average of $148.34 and the nationwide of $148.34 for bundled service.

Who is the CEO of Danvers Electric Department?

David Lane is the current CEO of Danvers Electric Department.

What is the average bundled electricity rate for Danvers Electric Department customers?

Danvers Electric Department's current average bundled electricity rate is 18.19 cents per kilowatt hour (¢/kWh), compared to the average Massachusetts bundled rate of 27.12 cents and the average national rate of 15.76 cents.

What is the phone number for Danvers Electric Department?

Danvers Electric Department's customer service phone number is (978) 774-0005

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-03-29