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City of Peabody electricity rates

Municipal utility · Massachusetts · NPCC region · ISONE

Residential rate
16.85¢
per kWh incl. all charges
Avg. monthly bill
$121
716 kWh/month
vs. Massachusetts
-45%
state avg 30.43¢
Homes served
23K
17th cheapest of 42 in MA

City of Peabody is a city-owned municipal utility, governed locally rather than by the state commission, serving 22,697 homes in Massachusetts. Its residential customers pay an average of 16.85¢/kWh including fixed and delivery charges, 6% less than the U.S. average.

Rate basis: EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend.

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City of Peabody bill estimates

Monthly useAt average all-in rateBase tariff charges*
500 kWh$84.25$74.64
1,000 kWh$168.50$147.19
1,500 kWh$252.75$219.74
2,000 kWh$337.00$292.29

*Residential Service (effective 2010-05-01), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.

City of Peabody residential rate plans

PlanEffectiveCustomer chargeEnergy charges
Residential Service2010-05-01— 16.60¢ first 100 kWh, 14.51¢ after

Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.

City of Peabody rate history

City of Peabody annual average residential price 8¢14¢21¢27¢33¢ 2015201720202021202320242025 2015: 12¢2017: 12¢2020: 11¢2021: 11¢2023: 15¢2024: 16¢2025: 17¢
City of PeabodyMassachusetts avg

2015–2025: +41% change in the average residential rate (12.00¢ → 16.88¢). Annual EIA-861 data.

Outages & reliability

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Reliability history

City of Peabody doesn't report reliability metrics to EIA (common for small utilities).

Outages in counties served (2025)

From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across City of Peabody's counties, customers averaged 4 hr 8 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Essex248898,4912025-04-08

City of Peabody service area

City of Peabody serves Essex County in Massachusetts and 11 ZIP codes.

Counties served by City of Peabody

Essex

Cities: Lynn, Peabody, South Peabody, Salem, Saugus, Danvers, Wakefield, Reading, North Reading, Lynnfield, Middleton

Programs, smart meters & solar

Smart meters (AMI) for homes100%
Customers with daily usage data online22,697
Time-based rate programsNone reported
Net-metered solar homes48

City of Peabody at a glance

OwnershipMunicipal utility
ServicesGeneration, Distribution, Wholesale Marketing
Commercial rate19.33¢/kWh
Industrial rate17.15¢/kWh
Retail revenue (2025)$80,031,100
Electricity sold (2025)465,101 MWh
Peak demand125 MW summer · 82 MW winter
Power from own generation1% (rest purchased)
Line losses1.7%
Balancing authorityISNE
EIA utility ID14605

Other utilities in Massachusetts

Compare all Massachusetts electric companies →

Frequently asked questions

What is City of Peabody's electricity rate?

City of Peabody residential customers pay an average of 16.85¢ per kWh, all charges included (EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend). That's 45% below the Massachusetts average of 30.43¢ and 6% below the U.S. average.

What is the average City of Peabody electric bill?

About $121 a month. The average City of Peabody home uses 716 kWh a month. At 1,000 kWh the bill would be about $169.

How many customers does City of Peabody have?

City of Peabody serves 22,697 residential customers and 27,251 customers in total in Massachusetts, across 1 county.

Does City of Peabody offer net metering for solar?

City of Peabody had 48 residential net-metered customers in 2025 with 0.4 MW of capacity. Estimate solar savings at this utility's rate.

Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with City of Peabody before making decisions.