EIA data through August 2026 · updated 2026-10-29

City of Peabody (MA) electricity rates

City of Peabody (MA) (municipal) residential customers paid about 15.7¢ per kWh (2024 average) — an average bill of $112 for 715 kWh a month.

Avg. home price15.7¢per kWh
Residential customers22,546MA, 2024
Avg. monthly use715kWh
Commercial18.6¢per kWh
Industrial16.1¢per kWh
Massachusetts has retail electricity choice. Many households can buy electricity supply from a competing supplier, while the local utility still delivers it. The averages here combine utility and supplier sales as reported to the EIA; your state’s public utility commission lists licensed suppliers.

What a month costs with City of Peabody (MA)

500 kWh / month$79
700 kWh / month · avg. use$110
900 kWh / month$141
1,200 kWh / month$189

Monthly cost at the average price of 15.7¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Price trend

12¢17¢22¢27¢32¢20222023202420252026Massachusetts averageU.S. average 12¢17¢22¢27¢32¢20222023202420252026Massachusetts averageU.S. average
Massachusetts averageU.S. average
Aug 202630.5¢per kWh
vs. 1 year ago-0.2%30.6¢
vs. 5 years ago+37.4%22.2¢
Record high32.7¢Mar 2023
Avg. home bill$236774 kWh, Aug
EIA forecast, New England30.5¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the New England region, which includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont.

EIA publishes monthly figures only for larger utilities; this one reports yearly, so the chart shows the state.

ZIP codes served

01810Andover01812Andover01830Haverhill01831Haverhill01832Haverhill01833Georgetown01834Groveland01835Haverhill01840Lawrence01841Lawrence01842Lawrence01843Lawrence01844Methuen01845North Andover01860Merrimac01864North Reading01867Reading01880Wakefield01885West Boxford01899Andover01901Lynn01902Lynn01903Lynn01904Lynn01905Lynn01906Saugus01907Swampscott01908Nahant01910Lynn01913Amesbury01915Beverly01921Boxford01922Byfield01923Danvers01929Essex01930Gloucester01931Gloucester01936Hamilton01937Hathorne01938Ipswich01940Lynnfield01944Manchester01945Marblehead01949Middleton01950Newburyport01951Newbury01952Salisbury01960Peabody01961Peabody01965Prides Crossing01966Rockport01969Rowley01970Salem01971Salem01982South Hamilton01983Topsfield01984Wenham01985West Newbury05501Andover

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions

What is City of Peabody (MA)’s electricity rate?

About 15.7¢ per kWh for residential customers (2024 average, EIA-861), including fixed charges spread over usage.

What is the average City of Peabody (MA) electric bill?

$112 a month in 2024, for an average of 715 kWh (EIA-861).

Is City of Peabody (MA) cheaper than the Massachusetts average?

Yes: 15.7¢ versus the Massachusetts average of 30.5¢ (Aug 2026).