Annual Reports
The following MMLD Annual Reports to the town are available below. Click each panel to view a year.
2022
To the citizens of Marblehead, The Marblehead Municipal Light Department (MMLD) is pleased to share its 128th annual report and financial statements for the calendar year ending December 31, 2022.
Top-line Results:
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2021
To the citizens of Marblehead, The Marblehead Municipal Light Department (MMLD) is pleased to share its 127th annual report and financial statements for the calendar year ending December 31, 2021.
Top-line Results:
- • In 2021 MMLD delivered 102,374 megawatt-hours (MWh) of electricity to 10,290 Marblehead customers (meters), generating revenue of $17,862,801.
- • The 2021 annual load is a 1.7% increase from the 2020 load of 100,625 MWh and a 0.7% increase from the prior five-year (2016-20) average of 101,676 MWh.
- • The 2021 annual power sales revenue is a 2.5% increase versus the 2020 revenue of $17,433,321, and a 6.6% increase from the prior five-year (2016-20) average of $16,761,186.
- • The months with the greatest year-on-year increases in power usage were September, with a 14.3% increase and February with a 10.1% increase. The month with the greatest year-on-year decrease in power usage was August with a 13.2% decrease.
- • The 2020-21 Marblehead winter peak load of 21.1 MW occurred on December 17, 2020, between 5-6 p.m. The 2020-2021 winter peak load was 3.4% higher than the 2019-20 winter peak load of 20.4 MW that occurred on the same date one year earlier, December 17, 2019, between 6-7 PM.
- • The 2021 Marblehead summer peak load of 32.7 MW occurred on June 29, between 3-4 p.m. The 2021 summer peak load was 2.5% higher than the 2020 summer peak load of 31.9 MW that occurred on July 28, 2020, between 4-5 p.m.
- • Customer demand for electricity exceeded 10,000 MWh one month in 2021: the 10,258 MWh in August 2021 was 13.2% less than the 11,820 MWh in August 2020.
- • The ISO-NE 2021 system peak demand of 25,277 MW occurred on June 29th, from 5-6 p.m. Marblehead’s demand at that hour was 31.455 MW.
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2020
To the citizens of Marblehead, The Marblehead Municipal Light Department (MMLD) is pleased to share its 126th annual report and financial statements for the calendar year ending December 31, 2020.
Top-line Results:
In 2020 MMLD delivered 100,625 megawatt-hours (MWh) of electricity to 10,290 Marblehead customers (meters), generating revenue of $17,433,321. The 2020 annual load of is a 1.0% increase from the 2019 load of 99,658 MWh and a 1.9% decline from the prior five-year (2015-19) average of 102,610 MWh. The 2020 annual power sales revenue is a 3.1% increase versus the 2019 revenue of $16,905,077, and a 4.8% increase from the prior five-year (2015-19) average of $16,627,380. The months with the greatest year-on-year increases in power usage were June, with a 7% increase and August with a 10% increase. The 2019-20 Marblehead winter peak load of 20.4 MW occurred on December 17, 2019 between 6-7 p.m. The 2019-20 winter peak load was 9.3% lower than the 2018-19 winter peak load of 22.5 MW. The 2020 Marblehead summer peak load of 31.9 MW occurred on July 28, between 4-5 p.m. The 2020 Marblehead summer peak load was 4.2% higher than the 2019 summer peak load of 30.6 MW. Our monthly energy usage exceeded 10,000 MWh twice in 2020; our July 2020 demand was 12.1 MWh and our August demand was 11.0 MWh, compared to only one month exceeding 10,000 MWh in 2019, which occurred in August 2019. The ISO-NE 2020 system peak demand of 24,763 MWh occurred on July 27, from 5-6 p.m. The Marblehead demand at that hour was 31.6 MWh.
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2019
To the citizens of Marblehead,
The Marblehead Municipal Light Department (MMLD) is pleased to share its 125th annual report and financial statements for the calendar year ending December 31, 2019.
Top-line Results:
In 2019 MMLD delivered 99,658 megawatt-hours (MWh) of electricity to 10,434 Marblehead customers (meters), generating revenue of $16,905,077. The 2019 annual load is a 4.6% decline from the 2018 load of 104,440 MWh and a 3.9% decline from the prior five-year (2014-18) average of 103,750 MWh. The 2019 annual power sales revenue is a 2.8% decrease versus the 2018 revenue of $17,390,445, yet a 3.1% increase from the prior five-year (2014-18) average of $16,393,494. The months with the greatest year-on-year decline in power usage were January, with a 13.2% decline versus January 2018 and September with a 14.8% decline versus September 2018. The 2019 Marblehead winter peak load of 22.5 MW occurred on January 21st at 6-7
p.m. The 2019 winter peak load was 5.7% lower than the 2018 winter peak load of
23.9 MW. The 2019 Marblehead summer peak load of 30.6 MW occurred on July 30th, at 5-6 p.m. The 2019 summer peak load was 1.0% higher than the 2018 summer peak load of 30.3 MW. July was the only month in 2019 when our energy usage exceeded 10,000 MWh, compared to three months in 2018: January, July and August. The ISO-NE 2019 system peak load of 24,361 MWh was on July 30th, at 5-6 p.m. In 2019, 73% of the electric power supplied to Marblehead residents was carbon-free, compared to 70% carbon-free in 2018.
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2018
To the citizens of Marblehead,
The Marblehead Municipal Light Department (MMLD) is pleased to share its 124th annual report and financial statements for the calendar year ending December 31, 2018.
Top-line Results:
In 2018 MMLD delivered 104,440 megawatt-hours (MWh) of electricity to 10,276 Marblehead customers, generating revenue of $17,390,445. The 2018 annual load was essentially flat compared with the prior five-year (2013-17) average of 104,313 MWh. The revenue increased 8.8% versus the same prior five-year period. The winter peak of 23.86 MWh occurred on January 1st from 6-7pm, the summer peak of 30.25 MWh occurred on August 29th, from 5-6pm. The ISO-NE grid annual peak of 25,559 MWh occurred on August 29th, from 4-5 pm. In 2018 we had three months-January, August and September, when the monthly load exceeded 10 MWh, versus no occurrences in 2017. In 2018, 70% of the electric power supplied to Marblehead residents was carbon-free, compared to 71% carbon-free in 2017.
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2017
To the citizens of the Town of Marblehead:
The Marblehead Municipal Light Department is pleased to provide its 123rd annual report and financial statements for the calendar year ending December 31, 2017.
The weather in the early months of 2017 was not a factor compared to the previous few years when the area experienced a parade of snow storms and periods of extended cold weather. The cold weather we did experience was short lived and did not adversely affect the Department’s operation. The winter months turned out warmer than average resulting in lower electric sales compared to previous years.
The summer of 2017 experienced few days over ninety degrees and we did not experience any prolonged heat waves. We set yearly demand peak earlier in the year than usual for 2017. This occurred on June 19th with the demand of 27,531 kilowatts. This was substantially below the previous record of 31,639 kilowatts set in 2013 and was 7.7% lower than the previous year. Total energy consumption for the year 2017 remained constant, decreasing 1.9% from 102,854,622 kilowatt-hours in 2016 to 100,799,000 kilowatt-hours in 2017.
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2016
To the citizens of the Town of Marblehead: The Marblehead Municipal Light Department is pleased to provide its 122nd annual report and financial statements for the calendar year ending December 31, 2016.
The weather in the early months of 2016 was lees of a factor compared to the previous year when the area experienced a parade of one hefty snow storm after another. The extreme cold weather on Valentine’s Day did not adversely affect the Department’s operation. Following the extreme cold power costs declined due to the decline in global fuel prices. These factors drove our purchased power costs down for the following months continuing into the Summer season.
The summer of 2016 experienced only a few days over ninety degrees and we did not experience any prolonged heat waves. We set yearly demand peak for 2016 on August 19th with the demand of 29.835 kilowatts. This was substantially below the previous record of 31,639 KW set in 2013. Total energy consumption for the year 2016 still remains almost constant, decreasing from 105,294,644 kilowatt-hours in 2015 to 104,766,410 kilowatt-hours in 2016.
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2015
To the citizens of the Town of Marblehead:
The Marblehead Municipal Light Department is pleased to provide its 121st annual report and financial statements for the calendar year ending December 31, 2015.
The weather in the early months of 2015 provided the area with a parade of one hefty snow storm after another, leaving the Town buried in over six feet of snow. Even with all the snow, our system didn’t encounter any prolonged outages. The continuous cold weather in 2015 put constraints on the gas pipelines into New England, forcing the running of oil-fired generation up to a premium cost. These factors, as in the past, drove up our purchased power costs for the months of January through March.
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2014
To the citizens of the Town of Marblehead:
The Marblehead Municipal Light Department is pleased to provide its 120th annual report and financial statements
for the calendar year ending December 31, 2014.
The weather in the early months of 2014 experienced no extremes in cold temperatures during January and
February. As in 2013 constraints on the gas pipelines into New England forced the running of oil-fired generation at
a premium cost.
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2013
To the citizens of the Town of Marblehead:
The Marblehead Municipal Light Department is pleased to provide its 119th annual report and financial statements for the calendar year ending December 31, 2013.
Contrary to the weather in the early months of 2012, temperatures dropped for a period of about two weeks in late January and early February of 2013, sending power costs higher than expected.
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2012
OPERATING EXPENSES
For the year ending December 31, 2012.
Power Generation Expenses:
Fuel
4,046.32
Generating Expense - Lubricants
334.46
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2011
Benchmarking against industry leaders, an essential process, should be a top priority at all times that will indubitably lay the firm foundations for any leading company in a collaborative, forward-thinking venture brought together through the merging of like minds.
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2010
To the citizens of the Town of Marblehead:
The Marblehead Municipal Light Department is pleased to provide its 116th annual report and financial statements for the calendar year ending December 31, 2010.
In the electric utility industry weather extremes are not typically a welcome sight
and in 2010 we certainly had our share of unwelcome sights in Marblehead.
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