"A recent Boston Globe report found that in dozens of Mass. communities served by locally-owned municipal utilities, customers often pay about half as much for electricity as those served by large investor-owned companies."
"Investor-owned utilities operate under a different model, with Eversource earning nearly 16 cents in profit for every dollar customers paid, totaling about $630.6 million in profits in 2025."
"Municipal utilities are able to keep costs lower due to smaller service areas and long-term power supply contracts, allowing them to lock in electricity at roughly 5 cents per kilowatt-hour."
"Customers served by municipal utilities are not eligible for Mass Save, the statewide program that offers energy-efficiency incentives, although many municipal providers run their own programs."
Massachusetts residents face the highest electricity costs in the continental U.S., with significant price differences based on utility providers. Municipal utilities serve 52 communities and charge about half as much as large investor-owned companies. Investor-owned utilities, like Eversource, generate substantial profits, while municipal utilities benefit from lower maintenance costs and long-term power contracts. However, customers of municipal utilities miss out on statewide energy-efficiency programs. Switching from investor-owned to municipal systems is possible but requires voter approval and can be costly.
Read at Boston.com
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