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. The average residential electricity price for Reading Municipal Light Department is approximately 15.99 cents per kilowatt hour, which is, unfortunately, 1.48% higher than the average US price of 15.76 cents. They had sales of 3,931 megawatt hours in 2022 through the wholesale market. The megawatt hours sourced by the company came from a mix of electricity production from electricity plants owned by Reading Municipal Light Department and supplementary megawatt hours that they acquired via wholesale channels. They purchased 679,465 wholesale megawatt hours. The company earned $100,379,000 in 2022, $586,000 of which came from wholesale electricity sales and $97,018,000 of which came from sales to residential electricity customers.
Consumers of the company have an average residential electricity bill of $123.67. This is 18.23% lower than the Massachusetts average of $148.34. 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 3526 in the US.
Reading Municipal Light Department Rate & Electric Bills
Reading Municipal Light Department residential electric rates are highest in June 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
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 | 30,553 | 90,480,508 | 4 | 100% |
Reading Municipal Light Department County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Middlesex County | 1,617,105 | 44 | 36.55 | $195.02/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 $123.67, compared to the Massachusetts average of $148.34 and the US of $148.34 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 15.99 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 27.12 cents and the average national rate of 15.76 cents.
What cities does Reading Municipal Light Department have customers in to?
Reading Municipal Light Department provides electricity to 3 cities.
