WattBuy’s Guide toElectricity in
Electricity in
Peabody
Massachusetts
Massachusetts
Here's the average monthly bill, usage, and carbon footprint of residents in Peabody
January
$478highestFebruary
$144lowestMarch
$231April
$218May
$237June
$244July
$289August
$252September
$242October
$255November
$226December
$216Carbon Emissions
550 lbs CO₂
Monthly Usage
808 kWh
Peabody's energy comes from Natural Gas, Solar, Nuclear, Hydroelectric, Petroleum, and Wind. Natural Gas is the largest source of electricity, providing 60% of Peabody's energy. Solar is the second largest source, making up 16%. Nuclear provides 15% of the energy in Peabody. Hydroelectric provides 5% of the energy in Peabody. Petroleum provides 4% of the energy in Peabody. Wind provides 1% of the energy in Peabody.
59%
Natural Gas
16%
Solar
15%
Nuclear
5%
Hydroelectric
4%
Petroleum
1%
Wind
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
742 kWh
Energy generated by average sized system
$14,849
Average system cost
(after federal incentive)
6 years
Payback period
Net metering policies in Peabody can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
There are a variety of electricity plans available to residents of Peabody. The following companies provide electricity plans in the city:
City of Peabody has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential Service | Fixed | 19¢ to 22¢ |
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