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Reading Municipal Light Department

141 employees

Established in 1894, Reading Municipal Light Department (RMLD) is a municipal electric utility serving over 70,000 residents in the towns of Reading, North Reading, Wilmington, and Lynnfield Center. RMLD has over 29,000 meter connections within its service territory. RMLD is the largest of the 41 municipal light departments in Massachusetts with regard to electricity load, is not-for-profit, and is locally owned and controlled. RMLD is governed by a 5-member Board of Commissioners elected by Reading voters. A Citizens' Advisory Board, appointed by the four communities RMLD serves, makes recommendations to the Board of Commissioners. A professional staff brings a broad scope of utility experience to RMLD’s daily operations, including an up-to-date understanding of the evolving energy market. For current employment opportunities please visit: https://www.rmld.com/employment-updated-openings

Investor insights

Funding rounds participated in

$1M sweet spot round size

Investor type

Government Agency

Basic info

Industry

Utilities

Sectors

Utilities

Funding rounds raised

Total raised

$1M

from 1 investors over 1 rounds

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Reading Municipal Light Department raised $1M on January 7, 2018

Investors: Massachusetts Clean Energy Center

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