Electricity rates in Peabody, MA
Peabody (52,504 people, Essex County) is served by 4 electric utilities. Homes on City of Peabody pay about 16.85¢/kWh, 45% less than the Massachusetts average.
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Electric companies serving Peabody
| Utility | Type | Rate | Avg bill | Homes (statewide) | Outage min |
|---|---|---|---|---|---|
| City of Peabody | Municipal utility | 16.85¢ | $121 | 23K | — |
| Massachusetts Electric Co. | Investor-owned utility | 34.18¢ | $166 | 438K | 133 |
| Town of Reading | Municipal utility | 18.81¢ | $155 | 27K | 50 |
| Town of Danvers | Municipal utility | 16.52¢ | $116 | 12K | 49 |
Power outages in Essex County right now
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Outage history in Essex County
| 2024 | 2025 | |
|---|---|---|
| Outage minutes per customer | 195 | 248 |
| Days with outages | 64 | 89 |
| Most customers out at once | 14,779 (6.8%) | 8,491 (3.9%) |
| Worst day | 2024-10-13 | 2025-04-08 |
Outage minutes by month, 2025
More outage time than 2024 (195 min). Data: ORNL EAGLE-I county outage snapshots every 15 minutes, covering all utilities in the county.
Nearby cities
- South Peabody 34.2¢
- Salem 34.2¢
- Beverly 34.2¢
- Danvers 34.2¢
- Swampscott 34.2¢
- Marblehead 34.2¢
- Beverly Cove 34.2¢
- Lynn 34.2¢
- Wenham 34.2¢
- Saugus 34.2¢
ZIP codes: 01960, 01961
Frequently asked questions
What is the electricity rate in Peabody?
Most homes in Peabody get power from City of Peabody, where residential customers pay an average of 16.85¢/kWh including all charges. The Massachusetts average is 30.43¢ and the U.S. average 17.99¢. Other utilities serving parts of Peabody: Massachusetts Electric Co. (34.18¢), Town of Reading (18.81¢), Town of Danvers (16.52¢).
What is the average electric bill in Peabody?
About $121 a month, based on 716 kWh a month (the average for City of Peabody customers) at 16.85¢/kWh. Homes with electric heat, pools or EVs pay more.
Who is the electric company in Peabody, MA?
4 utilities serve Peabody's ZIP codes: City of Peabody, Massachusetts Electric Co., Town of Reading, Town of Danvers. Which one serves you depends on your street address.
How often does the power go out in Peabody?
In 2025, customers in Essex County averaged 4 hr 8 min without power. Outages hit 89 days of the year, and the worst day was 2025-04-08, when 8,491 customers (3.9%) were out. Source: ORNL EAGLE-I.