Town of Wakefield has several different electricity rates for residential customers, as shown in the table below.
Rate Name
Rate Type
Cost Per kWh
Domestic Electric Rate A
Fixed
14¢
Netmetering
Net metering is a billing arrangement that allows solar system owners to receive credits for the excess electricity they generate and send back to the grid. When your solar panels produce more electricity than you need, the surplus is automatically fed back into the grid. The utility company then credits you for the excess energy, which can offset or reduce your future electricity bills.
