Wakefield, Massachusetts Electric Utility

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About Wakefield, Massachusetts Electric Utility

Wakefield, Massachusetts Electric Utility is a municipally owned entity serving Wakefield CDP in Middlesex County, Massachusetts. Presently, 13,136 consumers are provided electricity by the company. These customers are a mix of 11,154 residential customer accounts, 1,719 commercial customers and 263 industrial locations. The residential electricity price for patrons of Wakefield, Massachusetts Electric Utility is, on average, 16.26 cents per kilowatt hour, which is 30.37% less than the state's average price of 23.36 cents and 18.97% above the US average of 13.67 cents. In 2019 the company sold 171,491 megawatt hours to end users (known as retail sales). The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. Their total revenue for 2019 from electricity related activities was $28,975,000, with $27,170,000 coming from retail sales to end users.

The national average monthly residential electric bill is $120.98, while the Wakefield, Massachusetts Electric Utility average is 23.87% less at $92.1 per month. The company currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it at a higher rate to end users.

Wakefield, Massachusetts Electric Utility Net Metering

Luckily, Wakefield, Massachusetts Electric Utility offers net metering choices to consumers. Without net metering, solar panel installation is significantly less attractive economically, as consumers have no way to sell extra electricity back into the grid.

Wakefield, Massachusetts Electric Utility Rate & Electric Bills

Wakefield, Massachusetts Electric Utility residential electric rates are highest in January and the highest average bill is in September.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.165/kWh$0.150/kWh$105.84/mo.$90.57/mo.
2681st16.26¢Wakefield, Massachusetts Electric Utility's Average residential price per kWh
797th$92.1Average monthly electricity bill for Wakefield, Massachusetts Electric Utility's residential customers

Wakefield, Massachusetts Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:480 North Avenue
    Wakefield, Massachusetts 01880
    United States of America
  • Director/Superintendent:Pete Dion

Wakefield, Massachusetts Electric Utility Contact

Wakefield, Massachusetts Electric Utility Service

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Wakefield, Massachusetts Electric Utility Coverage Map

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Wakefield, Massachusetts Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Massachusetts13,13626,094,10021100%

Wakefield, Massachusetts Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Middlesex County1,632,0024424.84$145.35/mo

Wakefield, Massachusetts Electric Utility Reviews

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Wakefield, Massachusetts Electric Utility FAQ:

What is the phone number for Wakefield, Massachusetts Electric Utility?

You can reach Wakefield, Massachusetts Electric Utility by phone via (781) 246-6363.

What is the average bundled electricity rate for Wakefield, Massachusetts Electric Utility customers?

The average bundled price of electricity for consumers of Wakefield, Massachusetts Electric Utility is 16.26 cents per kilowatt hour (¢/kWh).

Who is the CEO of Wakefield, Massachusetts Electric Utility?

The current CEO of Wakefield, Massachusetts Electric Utility is Pete Dion.

How much is the average bundled bill for Wakefield, Massachusetts Electric Utility customers each month?

Consumers of Wakefield, Massachusetts Electric Utility pay, on average, a monthly bundled bill of $92.10.

Last Reviewed By: Fernando García
Published: 2022-08-09