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. On average, Norwood Electric bills their customers a residential electricity rate of 19.19 cents per kilowatt hour, which is 30.57% below the average state price of 27.63 cents and 18.54% higher than the nationwide average of 16.19. The company had sales of 307,994 megawatt hours in 2023 through retail sales. The electricity sourced by the company is made up primarily of megawatt hours they procured by way of the wholesale market. This category comprises 100.00% of all electricity sourced by the company. Their total revenue for 2023 was $55,049,000 and came only from electricity sales to retail customers.

The Massachusetts average monthly residential electric bill is $152.18, while the Norwood Electric average is 32.60% lower at $105.55 per month. This is the 4th lowest average monthly bill amount for a supplier in Massachusetts. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates from other companies to then be resold to their end users. The electricity grid operated by the supplier experiences an average of 0.76 outages per consumer a year, with outages lasting roughly 45.97 minutes. The nationwide average for other suppliers is 1.44 outages per consumer and about 123.49 minutes an outage.

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 3.28% of the electricity that they transmit. Norwood Electric's energy loss levels result in a ranking of 9th best out of the 73 providers that operate in Massachusetts and report energy loss and 612th best out of 3530 in the United.

Norwood Electric Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.204/kWh$0.133/kWh$128.34/mo.$59.77/mo.
2678th19.19¢Norwood Electric's Average residential price per kWh
700th$105.55Average 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

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

Energy Loss

Norwood Electric's energy loss due to business operations.

-3.28%

Total Energy Loss

10,434MWh

612 National Rank

Grid Reliability

Length & Frequency of Norwood Electric's Power Outages

45.97 min.

vs. national average of 123.49 min.

0.76 outages/yr

vs. national average of 1.44

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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
Massachusetts17,19763,261,038.159100%

Norwood Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Norfolk County725,5314340.26$212.73/mo

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Norwood Electric FAQ:

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

Norwood Electric's current average bundled electricity rate is 19.19 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 27.63 cents and the average US rate of 16.19 cents.

Who is the CEO of Norwood Electric?

The current CEO of Norwood Electric is Kevin Shaughnessy.

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

Currently, the average monthly bundled electric bill for customers of Norwood Electric is $105.55. The Massachusetts average bundled bill is $152.18 and the US average is $152.18.

What is the phone number for Norwood Electric?

You can reach Norwood Electric by phone via (781) 948-1100.

When will Norwood Electric power be restored?

Average outage times for Norwood Electric are around 45.97 minutes per outage.

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