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 13,382 customers (85.83% residential properties, 11.59% commercial customers and 2.58% industrial properties) are supplied electricity by the company. On average, Danvers Electric Department's patrons spend 16.38 cents per kilowatt hour for their residential electricity. This is 4.78% higher than the US average price of 15.64 cents, resulting in the company ranking 2571st out of 2893 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 $114.74 per month. Customers of the company pay a 13.53% markdown compared to other residents of the country. Electricity production is not part of the Danvers Electric Department business model, as they purchase electricity at wholesale rates and then resell to their consumers. The grid owned by the provider experiences an average of 0.4 outages per customer a year, with outages lasting an average of 38.7 minutes. The nationwide average for other providers is 1.27 outages per customer and around 137.24 minutes each outage.

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 3517 in the nation.

Danvers Electric Department Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.164/kWh$0.141/kWh$114.74/mo.$95.28/mo.
2571st16.38¢Danvers Electric Department's Average residential price per kWh
1276th$114.74Average 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

Energy Loss

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

-4.34%

Total Energy Loss

13,253MWh

710 National Rank

Grid Reliability

Length & Frequency of Danvers Electric Department's Power Outages

38.7 min.

vs. national average of 137.24 min.

0.4 outages/yr

vs. national average of 1.27

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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
Massachusetts13,38241,960,10014100%

Danvers Electric Department County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Essex County806,7654331.46$172.34/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 $114.74, compared to the Massachusetts average of $154.87 and the nationwide of $154.87 for bundled service.

Who is the CEO of Danvers Electric Department?

The current CEO of Danvers Electric Department is David Lane.

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

The average bundled price of electricity for customers of Danvers Electric Department is 16.38 cents per kilowatt hour (¢/kWh).

When will Danvers Electric Department power be restored?

Average outage times for Danvers Electric Department are around 38.7 minutes per outage.

What is the phone number for Danvers Electric Department?

You can reach Danvers Electric Department by phone via (978) 774-0005.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-03-29