Electricity Rate
28.53¢/kWh
0.29¢ below the Massachusetts average
Natural Gas Rate
$2.02/therm
per therm
Avg Electric Bill
$136
per month
Avg Gas Bill
$106
per month
Gas & Electricity in Peabody, Massachusetts
Peabody residents in Massachusetts receive electric service through Eversource and natural gas distribution from Eversource Gas. Massachusetts's energy assistance programs, including LIHEAP and weatherization, are available to income-qualified Peabody households.
Compared to the Massachusetts state average of 28.82¢/kWh/kWh, Peabody's electricity rate of 28.53¢/kWh is 0.29¢ below the Massachusetts average. As Massachusetts is a deregulated market, Peabody residents can shop for competitive electricity suppliers to potentially reduce their supply rate.
Electric Utility in Peabody
- Eversource
- National Grid
- Unitil
- Assa Abloy
Natural Gas Utility in Peabody
- Eversource Gas
- National Grid
- Columbia Gas
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Peabody vs Massachusetts Energy Rates
| Metric | Peabody | Massachusetts Average | US Average |
|---|---|---|---|
| Electric Rate (¢/kWh) | 28.53¢ | 28.82¢ | 16.00¢ |
| Gas Rate ($/therm) | $2.02 | $2.13 | $1.47 |
| Monthly Electric Bill | $136 | $137 | $117 |
| Monthly Gas Bill | $106 | $112 | $73 |
Energy Assistance Programs for Peabody Residents
As a Massachusetts city, Peabody residents can access the following state and local assistance programs:
- Mass Save
- LIHEAP
- Neighbor to Neighbor Energy Fund
- Green Communities Program
Energy-Saving Tips for Peabody Residents
- Insulate your attic to at least R-49 to reduce winter heat loss by up to 15%.
- Install a programmable thermostat and set it to 68°F while home, 60°F while sleeping or away.
- Seal air leaks around windows and doors before the heating season to cut drafts.
- Schedule an annual furnace tune-up every fall to maintain peak efficiency.
- Use heavy drapes on north-facing windows during winter to reduce cold air infiltration.
FAQ — Gas & Electricity in Peabody, Massachusetts
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The average residential electricity rate in Peabody is approximately 28.53¢/kWh per kWh. The average household pays around $136 per month for electricity.
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Natural gas customers in Peabody pay an average of $106 per month. The rate is approximately $2.02/therm per therm.
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Electricity in Peabody is distributed by Eversource and National Grid. Contact your provider at your local service address to confirm which utility serves your home.
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Peabody natural gas service is provided by Eversource Gas and National Grid. Call them directly for new service connections or to report a gas leak.
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Peabody's electricity rate of 28.53¢/kWh is below the Massachusetts state average of 28.82¢/kWh. This can reflect a municipal utility or favorable regional generation mix.
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To start electric service in Peabody, contact Eversource and National Grid. For gas service, contact Eversource Gas and National Grid. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.