Electricity rates in 01961 — Peabody, MA
Homes in ZIP 01961 pay about 15.7¢ per kWh (City of Peabody (MA), 2024 average). The Massachusetts average is 30.5¢ and the U.S. average 18.2¢ (Aug 2026).
What a month of electricity costs
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.
Where ZIP 01961 is
scroll or pinch to zoomUtilities serving 01961
| Utility | Home price | Avg. bill | Customers in MA |
|---|---|---|---|
| City of Peabody (MA) Municipal | 15.7¢ 2024 | $112 | 22,546 |
| Massachusetts Electric Co. Investor Owned · serves Essex | 34.0¢ Jan–Aug 2026 | $165 | 1,210,113 |
| Town of Danvers Municipal · serves Essex | 16.4¢ 2024 | $114 | 11,594 |
| Town of Marblehead (MA) Municipal · serves Essex | 21.6¢ 2024 | $177 | 10,160 |
| Town of Ipswich (MA) Municipal · serves Essex | 18.1¢ 2024 | $234 | 7,209 |
| Town of Middleton (MA) Municipal · serves Essex | 15.3¢ 2024 | $310 | 4,030 |
| Town of Georgetown (MA) Municipal · serves Essex | 19.3¢ 2024 | $218 | 3,520 |
| Town of Merrimac (MA) Municipal · serves Essex | 20.2¢ 2024 | $146 | 3,293 |
Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Essex; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.
Massachusetts price trend
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.
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 about 01961
How much does electricity cost in 01961?
About 15.7¢ per kWh for homes (City of Peabody (MA), 2024 average, EIA). At 900 kWh a month that is roughly $141.
Who is the electric utility for 01961?
City of Peabody (MA), with about 22,546 residential customers in Massachusetts; 9 other utilities also serve parts of the area.
Is electricity in MA getting more expensive?
The Massachusetts residential average was 30.5¢ per kWh in August 2026, down 0.2% from a year earlier; the U.S. average was 18.2¢.
Can I choose my electricity supplier in MA?
Massachusetts allows retail electricity choice for many households; the local utility still delivers the power.