Peabody Municipal Light Plant
Electricity Rates, Plans & Statistics
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About Peabody Municipal Light Plant
Peabody Municipal Light Plant is a municipally owned entity with headquarters in Peabody, Massachusetts and providing power to customers in Essex County, Massachusetts. A total of 22,203 residential customer accounts, 2,572 commercial customers and 1,872 industrial customers receive their electricity from the provider. Consumers of Peabody Municipal Light Plant are charged an average residential electricity price of 12.59 cents per kilowatt hour , which is less than both the Massachusetts and the nationwide average prices of 29.81 and 15.59 cents per kilowatt hour, respectively. They had sales of 481,827 megawatt hours in 2022 by way of retail sales. Electricity production and wholesale power purchases made up 1.30% and 98.70%, respectively, of all electricity sourced. Electricity facilities the company owns generated 6,318 megawatt hours and an additional 480,104 were purchased by way of the wholesale market. In 2022, the provider earned a total of $63,642,700 from retail electricity sales.
The average residential electric bill for a consumer of Peabody Municipal Light Plant is $92.74, while the state average is $161.53. The supplier produces 382nd megawatt hours from non-renewable fuel sources a year. Peabody Municipal Light Plant generates 6,318 megawatt hours from their production plants, ranking them as the 44th highest producer of electricity in Massachusetts out of 72 electricity providers. Peabody Municipal Light Plant is the 5th largest provider out of 72 providers in Massachusetts based on total megawatt hours sold.
Offering net metering to consumers is a win-win situation for Peabody Municipal Light Plant and any people who receive their electricity from the company. Net metering allows private citizens to sell electricity back to the grid, making the installation of solar and other electricity sources a cheaper endeavor.
Energy loss is part of the process when dealing with electricity transmission. Peabody Municipal Light Plant currently averages a loss of approximately 0.60% of the total electricity they generate. Peabody Municipal Light Plant's energy loss numbers place them at of 2nd best out of the 72 providers that operate in the state and report energy loss and 75th best out of 3517 in the country.
Peabody Municipal Light Plant Rate & Electric Bills
Peabody Municipal Light Plant residential electric rates are highest in January and the highest average bill is in August.
Historical Electricity Rates:
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Peabody Municipal Light Plant Overview
- Company Type:Municipal
- Headquarters:201 Warren Street Extension
Peabody, Massachusetts 01960
United States of America
Peabody Municipal Light Plant Contact
- Website:pmlp.com
- Customer Service Phone:(978) 531-5975
- Contact Page:www.pmlp.com
- Social Media:
Peabody Municipal Light Plant Service
- Rates & Plans:www.pmlp.com
- Outage Phone:(978) 531-5975
- States Served:
- Massachusetts
- Counties Served:
- Essex County
- Major Cities Served:
- Peabody
- Lynnfield CDP
- Table Of Contents:
Quick Facts About Peabody Municipal Light Plant
Peabody Municipal Light Plant ranks 14th out of 72 companies in Massachusetts for total electricity production from natural gas, with generation totaling 5,250.01 total megawatt hours a year.
Energy Loss
Peabody Municipal Light Plant's energy loss due to business operations.
Total Energy Loss
2,931MWh
75 National Rank
Peabody Municipal Light Plant Energy Makeup
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Peabody Municipal Light Plant Coverage Map
Peabody Municipal Light Plant State Coverage
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Massachusetts | 26,647 | 63,642,700 | 7 | 100% |
Peabody Municipal Light Plant County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Essex County | 806,765 | 43 | 31.62 | $173.19/mo |
Power Plants Owned by Peabody Municipal Light Plant
Plant | City/County | State | Primary Fuel Type | Production (MWh) | Emission (kg) | Emissions/MWh | Toxic Chemical Release | Closing Date |
---|---|---|---|---|---|---|---|---|
Waters RiverPeabody Municipal Light Plant (100.00%) | Peabody | MA | Natural Gas | 6,318 | 4,189,990.36 | 663.18 |
Peabody Municipal Light Plant Fuel Makeup
Cities Peabody Municipal Light Plant Has Coverage
- Lynnfield CDP, MA
- Peabody, MA
* City coverage generated based on government data. Always verify you can get service from the provider.
Peabody Municipal Light Plant Reviews
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Peabody Municipal Light Plant FAQ:
How many power plants are owned by or associated with Peabody Municipal Light Plant?
There is one power plant associated with or owned by Peabody Municipal Light Plant.
What percentage of Peabody Municipal Light Plant's electricity is produced using nonrenewable fuel sources?
Peabody Municipal Light Plant generates 100.00% of their electricity using nonrenewable fuel sources.
How much is the average bundled bill for Peabody Municipal Light Plant customers each month?
Customers of Peabody Municipal Light Plant pay, on average, a monthly bundled bill of $92.74.
What cities does Peabody Municipal Light Plant offer service in?
Peabody Municipal Light Plant serves 2 cities throughout the United States.
What is the phone number for Peabody Municipal Light Plant?
You can reach Peabody Municipal Light Plant by phone via (978) 531-5975.
What percentage of Peabody Municipal Light Plant's electricity is generated from renewable fuel sources?
Peabody Municipal Light Plant produces 0% of their electricity from renewable fuel sources.
What is the average bundled electricity rate for Peabody Municipal Light Plant customers?
The average bundled rate of electricity for consumers of Peabody Municipal Light Plant is 12.59 cents per kilowatt hour (¢/kWh).