01940 Spring 2022 V4_Reduced

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28 | <strong>01940</strong> Let there be light And God said, “Let there be light: And there was light." If only it were that simple. Turning on the lights in Lynnfield requires some help from Peabody and Reading, dating back to 1909 when Reading Municipal Light Department (RMLD) began providing lighting fixtures to Lynnfield Center, initially illuminating 17 Lynnfield homes. Four years later, Peabody Municipal Light Plant (PLMP) joined the party and began providing lighting to South Lynnfield. More than 100 years later, PLMP and RMLD provide electricity to 4,000 and 3,200 Lynnfield accounts, respectively, sending power to the outlets charging laptops and appliances and brightening public spaces like MarketStreet's Green and streetscapes. RMLD and PMLP are municipal light plants (MLPs), which are not-for-profit and community owned, unlike much larger power providers such as National Grid or Eversource that are investor-owned-utilities, known as IOUs. Having two MLPs providing electricity to one town is pretty unusual. Why not use one larger supplier instead of two smaller ones? BY MADISON BETHUNE The split service reflects the town's historical origins as two villages: Lynnfield Center and South Lynnfield. Back in the day, when things were looking pretty … dark in rural Lynnfield, the town was too far from larger electric companies to use them as service providers. The choice was either continue burning candles and staying in the Dark Ages, or call on surrounding towns to bring in some help: PMLP and RMLD to the rescue. MLPs can typically set their rates with power plants for longer periods of time compared to IOUs, who are usually on a six-month contract schedule. This allows MLPs to keep their rates lower and stable. In fact, RMLD’s rates are 30-35 percent lower than IOU’s, and PM- LP’s rates are typically 20-25 percent lower than neighboring MLPs, and are one of the lowest in the state. Oh — fun fact: In 1909, the year the Oval Office was built in the White House, electricity was brought into Lynnfield by RMLD. What an illuminating fact. The next time you’re driving down the woodsy roads of Lynnfield, thank Peabody and Reading for installing the wooden poles along the streets way back when. There is a lot of history behind how Lynnfield gets its electricity. PHOTO COUTESY | READING MUNICIPAL LIGHT DEPARTMENT
James Desrocher: 259 S. Main Street, Middleton, MA 01949, Tel. 978-972-5114, www.mytrueviews.com James is a Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS), OSI: 800 Westchester Avenue, Suite N-409, Rye Brook, NY 10573, 914.288.8800. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of American® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. TrueView Financial LLC is not an affiliate of PAS or Guardian. The Five Star award is not issued or endorsed by Guardian or its subsidiaries. CA Insurance License Number - 0M83430. <strong>2022</strong>-132075 Exp. 01/2024 The Alex and Elena Team Your Trusted Real Estate Advisors. Contact us and we’ll get you moving. We’re not just Realtors, we’re also your Neighbor. It’s critical to select the right real estate professional to help you buy or sell in today’s challenging market. Want to know what your home is worth in today’s real estate market? Call us for a no-obligation proposal to learn your home’s top market value. Honestly, Intergrity, Trust, Dependability, Neighborhood Expertise Recent Sold Propeties with the Alex & Elena Team REALTOR® CBR • 978.979.7993 alex.derosa@commonmoves.com 34 Chatham Way, Lynnfield $1,030,000 900 Lynnfield Street,Unit 23, Lynnfield $790,000 24 Cavendish Circle, Salem $510,000 44 Village Post Road, Danvers $449,900 31 Bishops Lane, Lynnfield $1,100,001 399 Edgemere Road, Lynnfield $850,000 23 Margaret Road, Peabody $685,000 3 Plymouth Road, Peabody $675,000 9 George Avenue, Peabody $625,000 2 Johnson Avenue, Peabody $545,000 REALTOR® NOTARY • 978.979.3243 elena.drislane@commonmoves.com
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Page 29: PHOTOS: SPENSER HASAK SPRING 2022 |
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01940 Spring 2022 V4_Reduced

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