Princeton Energy Companies & Plans Starting at 8.6¢

Your power to choose electricity in Princeton

Since Texas deregulated its energy market back in 2002, consumers in most parts of the state (including Princeton) have had the power to choose their electricity provider. Rather than buying power from the local utility company, residents can compare rates from different providers and sign up for an affordable plan that meets their needs.

Choose Texas Power is not affiliated with Power to Choose, powertochoose.org, or the PUCT.

Average residential energy rate

The electricity rate you’ll pay in Princeton depends on how much electricity you use, as most plans have a tiered pricing structure

• At the 500 kWh level, the average rate in Princeton is 21.9 cents per kWh
• At the 1000 kWh level, the average rate in Princeton is 15.2 cents per kWh
• At the 2000 kWh level, the average rate in Princeton is 17.1 cents per kWh

Shop energy rates on our independent marketplace to easily find a competitive fall energy plan. Compare the best power companies and rates in Princeton by entering your ZIP code on our marketplace. You can also call our experts to shop over the phone and sign up for a plan in minutes.

Explore our best energy providers

Having as many energy options as you do in a deregulated market can feel overwhelming. To help, we’ve highlighted a few of our most popular electricity providers across Texas. Some of the top energy providers on our marketplace include TXU Energy, Gexa Energy, and 4Change Energy. Find out what these providers—and more like them—have to offer.

Shop these and numerous other energy providers by entering your ZIP code on our marketplace today.

Today’s lowest rate in Princeton is 8.6¢ per kWh, offered by Frontier Utilities.

Oncor Electric Delivery: Princeton’s utility company

While you can choose your electricity provider in a deregulated market, your utility company is determined by your address and cannot be changed. Utilities deliver electricity, maintain power lines, and restore service during power outages. The utility company for Princeton is Oncor Electric Delivery. In the event of a power outage or electrical emergency, call your utility company, not your provider. Here’s how to contact Oncor:

• Call 1-888-313-4747
• Text “OUT” to 66267
• Report an outage online

All utility companies charge a transmission and distribution utility (TDU) fee for delivering electricity. This includes a base monthly charge and a usage charge per kWh. Oncor Electric Delivery charges $4.23/month and 5.6032 cents/kWh.

Types of Princeton electric plans

Like energy providers, there are also different types of electricity plans in Princeton. Here are the main ones you’ll find on our marketplace:

• Fixed-rate plans: You’ll pay the same rate for electricity for your entire contract period, which will generally last 12, 24, or 36 months. While this can make your energy costs more predictable, it also means you’ll have to pay an early termination fee (ETF) if you cancel or switch before your contract officially ends.
• Variable-rate plans: Your rate is tied to the wholesale cost of electricity, so it can change every month. When rates dip, this can work in your favor — but when rates rise, you’ll likely pay more. Variable-rate plans don’t have contracts or ETFs, so you have the flexibility to change plans whenever you’d like.
• No-deposit plans: Most energy companies in Princeton charge an upfront deposit if your credit score isn’t up to certain standards. To avoid this, you can sign up for a no-deposit plan, like the prepaid plans offered by Payless Power. With this arrangement, you’ll skip the initial deposit and pay for your electricity before you use it. You’ll get a notification when it’s time to top up your account.
• Time-of-use plans: A time-of-use (TOU) plan contains rates that fluctuate based on electricity demand. During times of low demand, such as late at night, you can enjoy a decreased rate. However, your rate may increase during peak hours, like mornings and afternoons. This plan could be advantageous if you are comfortable shifting your usage to capture lower rates during off-peak hours.

Understanding Princeton electric rates

Electricity rates in Texas are highly dependent on where you live. This is primarily due to different utility transmission charges throughout the state. When shopping for a new energy plan, always specify your ZIP code to find accurate rates for your area.

To discover today’s best electricity rates in Princeton, enter your ZIP code on this page today.

Commercial energy

If you’re a business owner in Princeton, you’re also free to pick your company’s electricity provider — and Choose Texas Power can help. Get in touch with our team by calling the number on your screen or filling out our business energy form to start building your customized commercial energy plan today.

Green energy plans

There are many green energy plans available in Princeton, thanks to Texas’ significant investment in renewable energy. In fact, the Lone Star State is the biggest producer of wind energy in the U.S. and the second-leading producer of solar energy. Because of this, it’s easy to find a renewable plan in Princeton.

All Texas electricity plans have some portion of renewable energy in the mix. To look up your plan’s exact renewable content percentage, check the Electricity Facts Label (EFL).

In Princeton, you’ll find 100% renewable energy plans from providers like Gexa Energy and Green Mountain Energy. To find them, submit your ZIP code on our marketplace and filter for “green energy.”

How to switch energy companies

With Choose Texas Power, shopping for a new energy plan is simple. Whether you’re preparing for a move to Princeton or you already live there, our marketplace lets you discover the latest Princeton electricity rates and sign up with a new provider in just minutes.

Moving to a new address

If you’re new to town, you can contact your current power company before your move and request to transfer your plan to your new address in Princeton. If they don’t service your new address, you can use Choose Texas Power to sign up for a new plan. Simply enter your Princeton ZIP code and filter the results to find plans that fit your needs.

Switching energy providers

Even if you already have an electricity plan in Princeton, deregulation lets you switch providers at any time. You can see what’s available by entering your ZIP code on Choose Texas Power’s marketplace. Keep in mind that if you have a fixed-rate plan, your provider will usually charge an ETF if you cancel early.

Princeton energy FAQs

Which providers typically have the cheapest electricity rates in Princeton?

In Princeton, the cheapest electricity rate is 8.6¢ offered by Frontier Utilities. However, since electricity prices fluctuate throughout the year, it’s a good idea to enter your ZIP code on the Choose Texas Power marketplace to ensure you get the most up-to-date rates.

Where can I compare Princeton electricity rates?

Choose Texas Power’s independent marketplace helps you compare electric rates in Princeton from the city’s leading energy companies — all in one place and at no cost to you. Get started by sharing your ZIP code on this page. From there, you can use our filters to narrow down the results and sign up for your next plan in just a few minutes.

What is the average electric bill in Princeton?

According to data from the Energy Information Administration (EIA) and Choose Texas Power’s marketplace, the average Princeton resident currently pays $165.59 per month for electricity, based on the average rate of 14.45 cents per kWh and Texans’ average usage of 1,146 kWh per month. However, your electricity bill will vary depending on your monthly usage, utility company, and more.

What is the best energy provider in Princeton?

Everyone’s energy needs are different, so there isn’t one single “best” provider in Princeton. To figure out the right power company for your household, think about what’s most important to you — whether that’s cheap rates, renewable options, or no-deposit plans. Then, you can search for plans on our marketplace and filter the results to find providers that meet your needs.