City of Peabody electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024)

Municipal utility serving 22,546 homes in Massachusetts.

Your rate

15.71¢per kWh, average residential rate 4% lower than the U.S. average (16.4¢)

$112average monthly bill$1,347 a year

715kWh used per month, average home

+49%rate change since 2020U.S. average: +28%

Massachusetts is a retail-choice state: this utility's rate case sets the delivery part of your bill. The supply part comes from your chosen supplier or the default service rate.

Estimate your bill

Electricity you use each month (kWh)

It's on your bill, usually near the top. Starting at 715 kWh, the average for City of Peabody homes.

kWh

$112 a month

$12 fixed charge + 14.0¢ × 715 kWh

This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

No rate case on file for City of Peabody right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?

Rate history

City of Peabody's average rate is up 49% since 2020, versus +28% for the U.S. average.

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for City of Peabody yet. Check Massachusetts programs or read what's left after the federal credits ended.

About City of Peabody

Ownership: Municipal
Homes served: 22,546 residential customers (2024)
Grid operator: ISNE
Retail choice: Yes — you can pick a supplier for the energy portion
Data: EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

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