Rates

South Congregational ChurchPMLP is increasing rates for the first time since 2010. That's Twelve years! And while we know any increase can be tough, we strive to keep ours infrequent, and affordable. And as always, PMLP's rates are among the lowest in Massachusetts! As a homeowner or renter, you can expect to see your bill increase by about $5 to $10 monthly. We value all of our customers and continue to offer many rebates, incentives, and other ways to save. Please call and ask us if you have any further questions.

PMLP Service Rates, Terms & Policies

Peabody Municipal Light Plant
201 Warren Street Extension
Peabody, MA 01960

M.D.P.U. Number: 190

Cancels M.D.P.U. Number: 177

Peabody Municipal Light Plant - Residential Service

Rate R Schedule (PDF)

Designation: R

Applicable In: Peabody and South Lynnfield

Available To: Service hereunder is available for any residential purpose in single private dwellings or apartments. This rate is not applicable to any residential service which is also used for commercial purposes.

Rate (Monthly):

  • $0.1809 per kilowatt-hour (KWH) for first 100 KWH per month
  • $0.1582 per KWH for all excess KWH per month.

Minimum Rate: $6 per month.

Prompt Payment Discount: 20% discount will be allowed on the above rates, if payment is received within fifteen days after the bill is rendered. The bill is considered as being rendered fifteen days prior to the discount date. Discount will not be allowed when arrears are due.

Bills Due: Bills are due when rendered and considered to be in arrears if not completely paid within thirty days after the date billed.

Purchased Power and Fuel Cost Adjustment (see note): Energy charges shall be adjusted as provided in the separately filed rate titled: Purchased Power and Fuel Cost Adjustment. The Prompt Payment Discount shall not be applicable to this Adjustment.

Service Interruptions: Service hereunder is not intended for seasonal or periodically interrupted use. If service is temporarily disconnected at Customer's request or for the non-payment of arrears, Customer will be charged disconnection and reconnection fees as established in the Rules and Regulations of the Peabody Municipal Light Plant.

Term of Contract: Contract for service hereunder shall be for a period of not less than one year.

General Terms and Conditions: All the Rules and Regulations of the Peabody Municipal Light Plant shall be applicable to service hereunder.

Effective: July 1, 2022 Billing.

Date Issued: June 28, 2022.

Filed by: Peabody Municipal Lighting Commission

Note:

  • Purchased Power and Fuel Charge Adjustment: The Federal Energy Regulatory Commission (FERC) allows fuel charge adjustments (FCA) for purchased power (PP) in rate schedules for wholesale electric service. The FERC has long recognized that the purpose of a Fuel Charge Adjustment is to keep utilities whole with regard to changes in the cost of fuel. It allows utilities to pass through to their wholesale ratepayers increases or decreases in the cost of fuel without having to make separate filings which reflect each change in fuel cost, and without having to obtain prior FERC approval of each change in fuel costs.
  • Hydro Power Credit: Some of the Purchased Power for residential rates comes from Hydro-Electric plants. As long as this power costs less than conventionally obtained power, the portion per residential customer/kWh will be credited back to your account each month.

Documents