Norwood Electric: Rates and Coverage Area

Norwood Electric

Electricity Rates, Plans & Statistics

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About Norwood Electric

Norwood Electric provides electricity in Norwood CDP, Massachusetts. Electricity suppliers must regularly report their customer counts to government agencies. Most recently the company reported 15,745 customers receiving electricity from the company. Exactly 45 of these customers are industrial properties, 1,909 are commercial accounts and 13,791 are residential properties. Norwood Electric's average residential electricity rate per kilowatt hour is 17.25 cents per kilowatt hour, which is 42.12% below Massachusetts' average price of 29.81 cents and 10.70% higher than the nationwide average of 15.59 cents. They had total sales and disposition of 329,443 megawatt hours in 2022, of which 96.09% were via sales to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. In 2022 they had total electricity related revenue of $54,918,000, with 100.00% coming from retail sales.

The Massachusetts average monthly residential electric bill is $161.53, while the Norwood Electric average is 50.13% lower at $94.75 per month. This is the 7th lowest average monthly bill amount for a supplier in Massachusetts. The company is not associated with any electricity plants and all of the electricity that they sell to their consumers must be purchased from other providers.

Energy Loss

Losing electricity due to heat dissipation while transmitting electricity and other causes is part of being in the electricity generation business. Electricity companies must report these losses. Norwood Electric reported a yearly loss of around 3.91% of the electricity that they transmit. Norwood Electric's energy loss levels result in a ranking of 13th best out of the 72 providers that operate in Massachusetts and report energy loss and 597th best out of 3517 in the United.

Norwood Electric Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.177/kWh$0.146/kWh$97.09/mo.$77.65/mo.
2663rd17.25¢Norwood Electric's Average residential price per kWh
671st$94.75Average monthly electricity bill for Norwood Electric's residential customers

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Norwood Electric Overview

  • Company Type:Municipal
  • Headquarters:136 Access Road
    Norwood, Massachusetts 02062
    United States of America
  • Director/Superintendent:Kevin Shaughnessy

Norwood Electric Contact

Norwood Electric Service

Energy Loss

Norwood Electric's energy loss due to business operations.

-3.91%

Total Energy Loss

12,885MWh

597 National Rank

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Norwood Electric Coverage Map

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Norwood Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Massachusetts15,74554,918,0009100%

Norwood Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Norfolk County725,5313832.64$173.72/mo

Norwood Electric Reviews

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Norwood Electric FAQ:

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

Customers of Norwood Electric pay, on average, a monthly bundled bill of $94.75.

Who is the CEO of Norwood Electric?

The current CEO of Norwood Electric is Kevin Shaughnessy.

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

Norwood Electric's current average bundled electricity rate is 17.25 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 29.81 cents and the average US rate of 15.59 cents.

What is the phone number for Norwood Electric?

The Norwood Electric phone number is (781) 948-1100.

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