Marblehead Electric
Electricity Rates, Plans & Statistics
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About Marblehead Electric
Electricity companies must regularly report the number of customers signed up for their services to government agencies. Recently the provider listed a total of 99 industrial customers, 1,526 commercial accounts and 9,569 residential customers receiving their services, which makes up the entirety of their customers. On average, Marblehead Electric's residential electricity rate is 23.94 cents per kilowatt hour, which is 12.63% less than the average Massachusetts rate of 27.40 cents. Around 99,658 megawatt hours were sold by the company to retail customers in 2019. The megawatt hours sourced by the company primarily came from power facilities owned by Marblehead Electric. In 2019, the company made 99.26% of their revenue from retail electricity sales to end users.
Customers of the supplier have an average monthly residential power bill of $159.87. This is 11.50% higher than the US average bill of $143.38. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users. By megawatt hours produced, Marblehead Electric is the 64th largest supplier out of 154 providers in the state. Marblehead Electric ranks as the 64th highest electricity generator out of 73 companies in Massachusetts.
Consumers of Marblehead Electric are able to take advantage of net metering solutions, which is a positive for both parties. Net metering makes solar panel purchases more economically feasible as it gives the ability for consumers to sell electricity back to the grid.
Marblehead Electric Rate & Electric Bills
Marblehead Electric residential electric rates are highest in April and the highest average bill is in January.
Historical Electricity Rates:
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Marblehead Electric Overview
- Company Type:Municipal
- Headquarters:80 Commercial Street
Marblehead, Massachusetts 01945
United States of America - Director/Superintendent:Joseph Kowalik
Marblehead Electric Contact
- Website:www.marbleheadelectric.com
- Customer Service Phone:(781) 631-5600
- Social Media:
Marblehead Electric Service
- Rates & Plans:www.marbleheadelectric.com
- States Served:
- Massachusetts
- Counties Served:
- Essex County
- Major Cities Served:
- Marblehead CDP
Quick Facts About Marblehead Electric
Marblehead Electric produces 78 megawatt hours from non-renewable fuel types, which is 22nd in Massachusetts out of 73 companies.
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Marblehead Electric Coverage Map
Marblehead Electric State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Massachusetts | 11,281 | 25,123,120.61 | 27 | 100% |
Marblehead Electric County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Essex County | 806,765 | 49 | 38.41 | $210.68/mo |
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Marblehead Electric FAQ:
Who is the CEO of Marblehead Electric?
Joseph Kowalik is the current CEO of Marblehead Electric.
What is the average bundled bill for Marblehead Electric customers each month?
Marblehead Electric currently has an average monthly bundled electric bill of $159.87, compared to the Massachusetts average of $150.47 and the US of $150.47 for bundled service.
What percentage of Marblehead Electric's electricity is produced using renewable fuel sources?
Power facilities owned by or associated with Marblehead Electric produce 0% of their electricity using renewable fuel sources.
What percentage of Marblehead Electric's electricity is produced using nonrenewable fuel sources?
Electric facilities owned by or associated with Marblehead Electric generate 100.00% of their electricity from nonrenewable fuel types.
What is the phone number for Marblehead Electric?
You can reach Marblehead Electric by phone via (781) 631-5600.
What is the average bundled electricity rate for Marblehead Electric customers?
Marblehead Electric's current average bundled electricity rate is 23.94 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 27.40 cents and the average US rate of 16.22 cents.
