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 21,416 residential customer accounts, 2,576 commercial customers and 1,707 industrial customers receive their electricity from the provider. Consumers of Peabody Municipal Light Plant are charged an average residential electricity price of 13.97 cents per kilowatt hour , which is less than both the Massachusetts and the nationwide average prices of 27.12 and 15.76 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 $100.55, while the state average is $148.34. Electricity generation plants owned or managed by the provider use non-renewable fuels to generate 100.00% of their total electricity generation, or 6,318 megawatt hours. They rank 15th out of 72 companies in Massachusetts. Peabody Municipal Light Plant ranks as the 527th highest total electricity generator out of 3526 providers in the US. The company is the 310th highest out of 3526 providers in the US for megawatt hours produced from the burning of natural gas.
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 3526 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 January.
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 has no electricity generation sources and must purchase all of the electricity they sell to customers.
Based on megawatt hours produced, Peabody Municipal Light Plant is the 527th largest out of 3526 electricity companies in the United States.
Energy Loss
Peabody Municipal Light Plant's energy loss due to business operations.
Total Energy Loss
2,931MWh
75 National Rank
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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 | 25,699 | 62,658,580.06 | 7 | 100% |
Peabody Municipal Light Plant County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Essex County | 806,765 | 43 | 34.42 | $184.77/mo |
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:
What percentage of Peabody Municipal Light Plant's electricity is generated from nonrenewable fuel types?
Power production facilities owned by or associated with Peabody Municipal Light Plant produce 100.00% of their electricity from nonrenewable fuel sources.
What is the phone number for Peabody Municipal Light Plant?
The Peabody Municipal Light Plant phone number is (978) 531-5975.
What cities does Peabody Municipal Light Plant offer service in?
Peabody Municipal Light Plant serves 2 cities throughout the United States.
What is the average bundled electricity rate for Peabody Municipal Light Plant customers?
Peabody Municipal Light Plant's current average bundled electricity rate is 13.97 cents per kilowatt hour (¢/kWh), compared to the average Massachusetts bundled rate of 27.12 cents and the average national rate of 15.76 cents.
How much is the average bundled bill for Peabody Municipal Light Plant customers each month?
Consumers of Peabody Municipal Light Plant pay, on average, a monthly bundled bill of $100.55.
What percentage of Peabody Municipal Light Plant's electricity is generated using renewable fuel sources?
Peabody Municipal Light Plant generates 0% of their electricity from renewable fuel sources.
