States › Massachusetts › City of Peabody
municipal utility · EIA utility 14605
City of Peabody
Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Annual figures: Form EIA-861 for 2024, final release. Monthly state figures run to July 2026.
City of Peabody is a municipal utility that reported 22,546 residential customers in Massachusetts on Form EIA-861 for 2024, with a service territory that touches 1 county.
Its average residential price that year was 15.71¢ per kilowatthour, 46% below the Massachusetts average of 29.35¢ and 4.7% below the US average of 16.48¢. The figure is residential revenue divided by residential sales, so it folds in fixed charges, riders and every rate schedule the utility bills under.
That works out to an average residential bill of $112.26 a month on average use of 715 kWh a month. Across Massachusetts the average bill was $167.20 on 570 kWh, so a bill gap reflects how much power households use as well as what each kilowatthour costs.
EIA's reliability file has no SAIDI or SAIFI entry for it in 2024; smaller respondents and energy-only suppliers are not asked for one.
The average price is up 41.7% on 2019, against up 33.9% for Massachusetts as a whole, and up 6.8% on 2023. EIA's early release for 2025, which has not been fully edited, shows 16.88¢.
Compared with Massachusetts, the US and other municipal utilities
| Measure, 2024 | This utility | Municipal utilities, US median | Massachusetts | United States |
|---|---|---|---|---|
| Average residential price per kWh | 15.71¢ | 12.45¢ | 29.35¢ | 16.48¢ |
| Average monthly residential bill | $112.26 | $113.02 | $167.20 | $142.26 |
| Average monthly use, kWh | 715 | 905 | 570 | 863 |
| Residential price change, 1 year | +6.8% | — | -0.9% | +3.0% |
| Residential price change, 5 years | +41.7% | — | +33.9% | +26.7% |
| SAIDI, all events (minutes) | — | 64.4 | 53.8 median | 184.5 median |
| SAIDI, without major event days | — | 40.3 | 35.5 median | 99.8 median |
State and US prices, bills and use are EIA's own averages over every customer. The ownership column and the reliability columns are medians across utilities with at least 1,000 residential customers, computed on this site from the final 2024 file. Among the 16 filings by municipal utilities in Massachusetts, the median price was 15.89¢. In Massachusetts this utility's price ranks 16 of 20, counting from the highest.
Average price by year
City of PeabodyMassachusetts averageUS average
Year by year
| Year | ¢ per kWh | Massachusetts ¢ | Monthly bill | kWh a month | Residential customers | All sales |
|---|---|---|---|---|---|---|
| 2025 early release | 16.88¢ | 30.48¢ | $120.87 | 716 | 22,697 | 465.1 GWh |
| 2024 | 15.71¢ | 29.35¢ | $112.26 | 715 | 22,546 | 469.2 GWh |
| 2023 | 14.71¢ | 29.61¢ | $102.23 | 695 | 22,369 | 465.6 GWh |
| 2022 | 12.59¢ | 25.97¢ | $92.74 | 737 | 22,203 | 481.8 GWh |
| 2021 | 10.63¢ | 22.89¢ | $77.97 | 733 | 22,162 | 480.9 GWh |
| 2020 | 10.53¢ | 21.97¢ | $77.57 | 737 | 22,191 | 465.8 GWh |
| 2019 | 11.09¢ | 21.92¢ | $70.72 | 638 | 24,017 | 479 GWh |
| 2018 | 11.28¢ | 21.61¢ | $84.50 | 749 | 21,368 | 495 GWh |
| 2017 | 11.65¢ | 20.06¢ | $80.33 | 689 | 21,904 | 482.1 GWh |
| 2016 | 12.41¢ | 19.00¢ | $84.45 | 681 | 22,394 | 491.9 GWh |
| 2015 | 12.00¢ | 19.83¢ | $86.71 | 723 | 21,699 | 504.5 GWh |
| 2014 | 12.07¢ | 17.39¢ | $85.96 | 712 | 21,766 | 504.2 GWh |
| 2013 | 11.87¢ | 15.83¢ | $86.37 | 728 | 21,663 | 499.1 GWh |
Bundled residential service only in the price, bill and use columns. Bill = residential revenue ÷ customers ÷ 12; use = residential sales ÷ customers ÷ 12. EIA describes its early release as not fully edited; it is shown for this utility alone and enters no average, median or rank on this site.
Sales by sector, 2024
| Sector | Customers | Sales | Share of sales | Revenue | ¢ per kWh, bundled |
|---|---|---|---|---|---|
| Residential | 22,546 | 193.3 GWh | 41% | $30,371,200 | 15.71¢ |
| Commercial | 2,673 | 31.6 GWh | 7% | $5,880,600 | 18.63¢ |
| Industrial | 1,867 | 244.4 GWh | 52% | $39,206,700 | 16.05¢ |
Customers, sales and revenue count every service type the utility reported (bundled, energy-only and delivery-only). The price column uses bundled service alone, because part-bill revenue would understate it. Sources of energy: 478 GWh in total, of which 1% was its own net generation and 474.3 GWh was bought wholesale; summer peak demand 122 MW.
Reliability
EIA's reliability file has no entry for City of Peabody in 2024. Energy-only suppliers do not own the wires, and the smallest distribution utilities are not asked for SAIDI and SAIFI.
Generation at plants it operates, 2025
- Natural gas 71.3% 3.9 GWh
- Petroleum 28.7% 1.6 GWh
Net generation of 5.5 GWh at power plants this utility operates, from Form EIA-923. It is not the mix delivered to customers: utilities also buy power wholesale (474.3 GWh in 2024), sell generation to others and may co-own plants that another company operates.
Counties in its service territory
Counties the utility listed on Form EIA-861 for 2024. Listing a county does not mean the utility serves all of it.
Other utilities in Massachusetts
| Utility | Ownership | Residential customers | ¢ per kWh | Monthly bill | SAIDI, all events | SAIDI, no major events |
|---|---|---|---|---|---|---|
| City of Chicopee | Municipal | 23,218 | 16.16¢ | $112.92 | 10.5 | — |
| Town of Reading | Municipal | 27,405 | 15.86¢ | $125.09 | 46.0 | 23.2 |
| City of Westfield | Municipal | 16,200 | 17.59¢ | $117.58 | 122.8 | 46.1 |
| Town of Shrewsbury | Municipal | 15,713 | 14.27¢ | $104.31 | 16.6 | 16.6 |
| City of Holyoke | Municipal | 15,040 | 16.58¢ | $99.34 | 61.6 | 61.6 |
| Town of Middleborough | Municipal | 14,884 | 15.84¢ | $125.38 | 19.1 | 19.1 |
| City of Taunton | Municipal | 35,684 | 21.46¢ | $133.55 | 193.0 | 193.0 |
| Town of Braintree | Municipal | 14,039 | 15.79¢ | $111.59 | 2.5 | 2.5 |
All Massachusetts utilities · Municipal utilities nationwide
Questions and answers
How much does electricity cost from City of Peabody?
Residential customers paid an average of 15.71¢ per kilowatthour in 2024. EIA derives this by dividing residential revenue by residential sales; it is an average across all rate schedules and charges, not a tariff rate.
How does that compare with Massachusetts?
The Massachusetts average residential price in 2024 was 29.35¢ and the US average 16.48¢; City of Peabody was 46% below the state figure. Among 20 utility filings with a bundled residential price in Massachusetts, it had the 16th highest.
What is the average City of Peabody bill?
$112.26 a month in 2024, on average residential use of 715 kWh a month (annual revenue and sales divided by customers and by twelve). The Massachusetts average was $167.20 on 570 kWh.
How reliable is City of Peabody service?
EIA's 2024 reliability file has no entry for City of Peabody.
Is the City of Peabody price rising?
The average residential price was up 6.8% in 2024 compared with 2023 and up 41.7% compared with 2019. EIA's early, not fully edited release for 2025 shows 16.88¢.
Which counties does City of Peabody serve?
Its Form EIA-861 service territory lists 1 county: Essex County, MA. A county can appear in several utilities' territories.
Provenance
Source: U.S. Energy Information Administration. Annual figures are from Form EIA-861 (sales to ultimate customers, reliability, operational data and service territory files), final release for 2024, respondent "City of Peabody - (MA)", utility number 14605; the 2025 row is from EIA's early release. State and US averages are from the Form EIA-861M sales and revenue workbook, published through July 2026. Generation by fuel is from Form EIA-923, 2025 final. All are US government works in the public domain. Page built 1 Oct 2026. Errors in processing are corrected at the next build; see corrections. For tariffs and rate schedules, consult the utility or the state utility commission.