Peabody Municipal Light Plant

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About Peabody Municipal Light Plant

Peabody Municipal Light Plant supplies electricity in Peabody, Massachusetts and additional areas of Essex County. The provider has 1,871 industrial customers, 22,191 residential customer accounts and 2,513 commercial customers whom they supply. Peabody Municipal Light Plant's consumers are charged an average residential electricity price of 10.53 cents per kilowatt hour. This is, luckily, 54.92% lower than the state's average rate of 23.36 cents. In 2020 the company sold 465,760 megawatt hours via retail sales to end users. The electricity sourced by the company is made up of multiple sources of megawatt hours including 3,546 megawatt hours generated at power plants owned by the company and 468,733 acquired by way of the wholesale market. Their total revenue in 2020 was $51,990,400 and came only from electricity sales to retail customers.

The average residential electric bill for a consumer of Peabody Municipal Light Plant is $77.57, while the state average is $136.11. The supplier produces 407th megawatt hours from non-renewable fuel sources a year. Peabody Municipal Light Plant generates 3,124 megawatt hours from their production plants, ranking them as the 50th highest producer of electricity in Massachusetts out of 70 electricity providers. Peabody Municipal Light Plant is the 6th largest provider out of 70 providers in Massachusetts based on total megawatt hours sold.

Peabody Municipal Light Plant Net Metering

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

Energy loss is part of the process when dealing with electricity transmission. Peabody Municipal Light Plant currently averages a loss of approximately 1.06% of the total electricity they generate. Peabody Municipal Light Plant's energy loss numbers place them at of 2nd best out of the 70 providers that operate in the state and report energy loss and 79th best out of 3509 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 December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.117/kWh$0.105/kWh$84.50/mo.$70.72/mo.
706th10.53¢Peabody Municipal Light Plant's Average residential price per kWh
335th$77.57Average monthly electricity bill for Peabody Municipal Light Plant's residential customers

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

Peabody Municipal Light Plant Service

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Quick Facts About Peabody Municipal Light Plant

Peabody Municipal Light Plant ranks 16th out of 70 companies in Massachusetts for total electricity production from natural gas, with generation totaling 2,414.33 total megawatt hours a year.

Energy provider of the year for Massachusetts, Major Provider Category
Top 3 Lowest Energy Loss
Massachusetts, Major Provider Category
Claim Award
Energy provider of the year for Massachusetts, Major Provider Category
Lowest Energy Loss
Massachusetts, Major Provider Category
Claim Award

Energy Loss

Peabody Municipal Light Plant's energy loss due to business operations.

-1.06%

Total Energy Loss

4,995MWh

79 National Rank

Peabody Municipal Light Plant Energy Makeup

Peabody Municipal Light Plant Coverage Map

Coverage Map Placeholder

Peabody Municipal Light Plant State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Massachusetts26,57551,990,4009100%

Peabody Municipal Light Plant County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Essex County809,8294325.57$153.93/mo

Power Plants Owned by Peabody Municipal Light Plant

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Peabody MA Natural Gas 3,1242,277,934.96729.17

Peabody Municipal Light Plant Fuel Makeup

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
77.28%
DISTILLATE FUEL OIL
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
22.72%

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 $77.57.

What is the phone number for Peabody Municipal Light Plant?

The Peabody Municipal Light Plant phone number is (978) 531-5975.

What is the average bundled electricity rate for Peabody Municipal Light Plant customers?

Consumers of Peabody Municipal Light Plant, on average, have an electricity bundled rate 10.53 cents per kilowatt hour (¢/kWh).

What percentage of Peabody Municipal Light Plant's electricity is produced using renewable fuel types?

Power facilities owned by or associated with Peabody Municipal Light Plant produce 0% of their electricity using renewable fuels.

Last Reviewed By: Matt Hope
Published: 2022-08-01