City of Peabody (MA) electricity rates in Massachusetts, 2025
City of Peabody (MA)’s 22,697 residential customers paid an average of 16.88¢ per kWh in 2025, 44% below the Massachusetts average of 30.41¢. The typical home used 716 kWh a month, for an average bill of $121.
- 16.88¢avg ¢/kWh (2025)+1.17¢ (+7.5%) vs 2024
- $121Avg monthly billMassachusetts: $181
- 716 kWhAvg monthly useMassachusetts: 596 kWh
- 22,697Residential customersFull-service utility
| Sector | Customers | Sales (MWh) | Revenue | ¢/kWh 2025 | ¢/kWh 2024 | Change |
|---|---|---|---|---|---|---|
| Residential | 22,697 | 195,021 | $32,920,300 | 16.88¢ | 15.71¢ | +1.17¢ (+7.5%) |
| Commercial | 2,690 | 32,089 | $6,214,000 | 19.36¢ | 18.63¢ | +0.74¢ (+4.0%) |
| Industrial | 1,864 | 237,991 | $40,896,800 | 17.18¢ | 16.05¢ | +1.14¢ (+7.1%) |
| All sectors | 27,251 | 465,101 | $80,031,100 | 17.21¢ | 16.08¢ | +1.13¢ (+7.0%) |
How City of Peabody (MA) compares
- Massachusetts residential average, 2025: 30.41¢ per kWh, 596 kWh a month, $181 average bill. U.S. average: 17.23¢, 874 kWh, $151.
- Among 20 full-service utilities in Massachusetts with at least 1,000 residential customers, City of Peabody (MA) ranks 12 of 20 from lowest to highest average price.
- Latest monthly figure: Massachusetts homes paid 30.48¢ per kWh in August 2026 (preliminary), against 30.55¢ in August 2025. Summer months often run higher than the annual average.
- From 2024 to 2025 this average rose 7.5%; the state average rose 3.6%.
- City of Peabody (MA) is a municipal utility, owned by the local government; the city council or utility board sets rates. Balancing authority: ISNE.
Where City of Peabody (MA) serves
EIA lists 1 Massachusetts county in its 2025 service territory: Essex.
11 ZIP codes are matched to City of Peabody (MA) in NREL’s 2024 ZIP file: 01864, 01867, 01880, 01904, 01906, 01923, 01940, 01949, 01960, 01961, 01970. Utility boundaries do not follow ZIP lines, so a ZIP can have more than one provider.
Massachusetts full-service utilities with similar rates
| Provider | ¢/kWh | Avg bill | Customers |
|---|---|---|---|
| Town of Middleborough (MA) | 15.59¢ | $124 | 14,978 |
| Town of North Attleborough (MA) | 15.87¢ | $124 | 12,650 |
| Town of Wellesley (MA) | 16.04¢ | $162 | 9,338 |
| Town of Braintree (MA) | 16.17¢ | $117 | 14,090 |
| City of Chicopee (MA) | 16.21¢ | $118 | 23,231 |
| City of Holyoke (MA) | 16.36¢ | $101 | 15,155 |
| Town of Danvers | 16.55¢ | $116 | 11,677 |
| City of Norwood (MA) | 17.61¢ | $98 | 13,617 |
Sources
- U.S. Energy Information Administration, Annual Electric Power Industry Report, Form EIA-861, 2025 final data (f8612025.zip, file dated October 7, 2026): Sales to Ultimate Customers, Average Monthly Bill and Service Territory tables.
- EIA Form EIA-861, 2024 final data (f8612024.zip, file dated December 4, 2025), for the 2024 comparison.
- EIA Electric Power Monthly, Table 5.6.A (average price by state, August 2026 and August 2025; 2026 values are preliminary), file dated October 22, 2026.
- National Renewable Energy Laboratory via OpenEI, U.S. Electric Utility Companies and Rates: Look-up by Zipcode (2024) (investor-owned and other utilities, files dated November 10, 2025), used only to match ZIP codes to utilities.
Average price = residential revenue ÷ residential kWh sold, as reported to EIA. It includes fixed monthly charges, taxes passed through in revenue and seasonal tiers, averaged over the year. Your own rate depends on your tariff and usage.
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