Reading Municipal Light Department
Electricity Rates, Plans & Statistics
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About Reading Municipal Light Department
Reading Municipal Light Department provides electricity to 3 cities throughout the state of Massachusetts. Currently, 30,499 consumers are supplied electricity by the company. These customers are a mix of 10.71% commercial customers and 89.29% residential accounts. Reading Municipal Light Department's patrons pay an average residential electricity rate of 16.01 cents per kilowatt hour. Thankfully, this is 44.70% less than Massachusetts' average price of 28.95 cents. They had total sales and disposition of 679,964 megawatt hours in 2022, of which 3,931 were from wholesale sales to other electricity companies. The electricity sourced by the company is made up of multiple sources including megawatt hours they generate in their power plants and supplementary megawatt hours purchased by way of wholesale channels. These categories comprise 0.07% and 99.93%, respectively, of the total electricity sourced by the company. The revenue for Reading Municipal Light Department for 2022 from electricity sales was $100,379,000, with $97,018,000 coming from retail sales to end users and $586,000 from wholesale electricity sales.
Consumers of the company have an average residential electricity bill of $122.44. This is 24.44% lower than the Massachusetts average of $154.87. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end users.
Offering net metering to consumers is a win-win situation for Reading Municipal Light Department and people who receive their electricity from the company. Without net metering, solar panel purchased are significantly less economically realistic, as individuals have no way to sell excess electricity back to their electric company.
Reading Municipal Light Department recently reported an annual loss of around 3.81% of the electricity that they generate. Loss of electricity due to heat dissipation during electricity transmission and other causes is operating in the electricity generation business and providers are required to report these losses. Reading Municipal Light Department's energy loss amounts give them a ranking of 11th best out of the 72 providers that operate in the state and report energy loss and 571st best out of 3517 in the US.
Reading Municipal Light Department Rate & Electric Bills
Reading Municipal Light Department residential electric rates are highest in January and the highest average bill is in August.
Historical Electricity Rates:
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Reading Municipal Light Department Overview
- Company Type:Municipal
- Headquarters:230 Ash Street
Reading, Massachusetts 01867
United States of America - Director/Superintendent:Coleen O'Brien
Reading Municipal Light Department Contact
- Website:www.rmld.com
- Customer Service Phone:(781) 942-6598
- Contact Page:www.rmld.com
- Social Media:
Reading Municipal Light Department Service
- Rates & Plans:www.rmld.com
- Outage Phone:(781) 942-6598
- States Served:
- Massachusetts
- Counties Served:
- Middlesex County
- Major Cities Served:See all cities
- Table Of Contents:
Energy Loss
Reading Municipal Light Department's energy loss due to business operations.
Total Energy Loss
25,919MWh
571 National Rank
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Reading Municipal Light Department Coverage Map
Reading Municipal Light Department State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Massachusetts | 30,499 | 90,166,887 | 4 | 100% |
Reading Municipal Light Department County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Middlesex County | 1,617,105 | 44 | 33.42 | $182.12/mo |
Cities Reading Municipal Light Department Has Coverage
* City coverage generated based on government data. Always verify you can get service from the provider.
Reading Municipal Light Department Reviews
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Reading Municipal Light Department FAQ:
Who is the CEO of Reading Municipal Light Department?
Coleen O'Brien is the CEO of Reading Municipal Light Department.
What is the phone number for Reading Municipal Light Department?
You can reach Reading Municipal Light Department by phone via (781) 942-6598.
What is the average bundled bill for Reading Municipal Light Department customers each month?
Reading Municipal Light Department currently has an average monthly bundled electric bill of $122.44, compared to the Massachusetts average of $154.87 and the US of $154.87 for bundled service.
What is the average bundled electricity rate for Reading Municipal Light Department customers?
Reading Municipal Light Department's current average bundled electricity rate is 16.01 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 28.95 cents and the average national rate of 15.64 cents.
What cities does Reading Municipal Light Department have customers in to?
Reading Municipal Light Department provides electricity to 3 cities.
