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. Consumers of Peabody Municipal Light Plant purchase electricity for, on average, 15.10 cents per kilowatt hour, which is 45.36% below the average state rate of 27.63 cents. A total of 465,645 megawatt hours were sold to retail accounts in 2023 by the company. The megawatt hours sourced by the provider came from a mixture of electricity production from electricity facilities owned by Peabody Municipal Light Plant and additional megawatt hours that they purchased by way of the wholesale electricity market. Peabody Municipal Light Plant made $70,557,400 in 2023, which they earned entirely through sales to retail customers.
The average residential electric bill for a consumer of Peabody Municipal Light Plant is $102.35, while the state average is $152.5. The supplier produces 396th megawatt hours from non-renewable fuel sources a year. Peabody Municipal Light Plant generates 4,314 megawatt hours from their production plants, ranking them as the 45th highest producer of electricity in Massachusetts out of 69 electricity providers. Peabody Municipal Light Plant is the 5th largest provider out of 69 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 2.22% of the total electricity they generate. Peabody Municipal Light Plant's energy loss numbers place them at of 5th best out of the 69 providers that operate in the state and report energy loss and 327th best out of 3529 in the country.
Peabody Municipal Light Plant Rate & Electric Bills
Peabody Municipal Light Plant residential electric rates are highest in March 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
Quick Facts About Peabody Municipal Light Plant
Peabody Municipal Light Plant ranks 15th out of 69 companies in Massachusetts for total electricity production from natural gas, with generation totaling 3,302.37 total megawatt hours a year.
Energy Loss
Peabody Municipal Light Plant's energy loss due to business operations.
Total Energy Loss
10,585MWh
327 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 | 28,721 | 76,513,868.76 | 6 | 100% |
Peabody Municipal Light Plant County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Essex County | 806,765 | 38 | 37.32 | $194.40/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 | 4,314 | 3,165,756.93 | 733.83 |
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 $102.35.
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 15.10 cents per kilowatt hour (¢/kWh).