Georgetown Electric: Rates and Coverage Area

Georgetown Electric

Electricity Rates, Plans & Statistics

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About Georgetown Electric

On recent government reports, the company had a total of 3,487 electricity customers signed up for their services. This total is made up of 88.33% residential accounts, 9.72% commercial customer accounts and 1.95% industrial accounts. On average, Georgetown Electric's residential electricity price is 17.42 cents per kilowatt hour, which is 39.83% below Massachusetts' average rate of 28.95 cents. This makes the supplier 31st out of 49 suppliers in the state for lowest average electricity rate. The company had sales of 46,256 megawatt hours in 2019 sold to end users. The electricity sourced by the company primarily came from megawatt hours that they acquired by way of the wholesale electricity market. They purchased 50,785 wholesale megawatt hours. The revenue for the company in 2019 from electricity sales was $8,448,000, with all revenue coming from retail sales to end users.

The state average monthly residential electric bill is $154.87, while the Georgetown Electric average is 8.04% more at $144.2 per month. Georgetown Electric is the 43rd ranked provider in the state for average monthly bill amount. The provider currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices from other companies and then resell it to end users.

Georgetown Electric Rate & Electric Bills

Georgetown Electric residential electric rates are highest in January and the highest average bill is in February.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.179/kWh$0.171/kWh$146.02/mo.$142.04/mo.
2678th17.42¢Georgetown Electric's Average residential price per kWh
2127th$144.2Average monthly electricity bill for Georgetown Electric's residential customers

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Georgetown Electric Overview

  • Company Type:Municipal
  • Headquarters:94 Searle Street
    Georgetown, Massachusetts 01833
    United States of America
  • Director/Superintendent:David Schofield

Georgetown Electric Contact

Georgetown Electric Service

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Georgetown Electric Coverage Map

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Georgetown Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Massachusetts3,4878,624,00037100%

Georgetown Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Essex County806,7654331.46$172.34/mo

Georgetown Electric Reviews

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Georgetown Electric FAQ:

How much is the average bundled bill for Georgetown Electric customers each month?

Consumers of Georgetown Electric pay, on average, a monthly bundled bill of $144.20.

Who is the CEO of Georgetown Electric?

David Schofield is the current CEO of Georgetown Electric.

What is the average bundled electricity rate for Georgetown Electric customers?

Georgetown Electric's current average bundled electricity rate is 17.42 cents per kilowatt hour (¢/kWh), compared to the average Massachusetts bundled rate of 28.95 cents and the average United States rate of 15.64 cents.

What is the phone number for Georgetown Electric?

You can reach Georgetown Electric by phone via (978) 352-5730.

Fernando García
Last Reviewed By: Fernando García
Published: 2024-01-11