Princeton Electricity Rates and Companies

Our recommended Princeton energy plans

Fixed-rate plans are usually the best electricity plans in Princeton for most residents. This plan type provides a stable energy rate throughout your contract. Many popular fixed-rate plans include bill credits, which can significantly lower your electricity bill when your monthly usage surpasses the plan’s threshold. Understanding your typical electricity usage will help you identify plans with the best savings opportunities and predictable bills.

Here are a few popular, trusted Princeton electricity plans to consider:

Most popular plan: Express Flash Value 12

The Express Flash Value 12 is a solid, affordable option for many Princeton residents. The plan includes a $125 bill credit each month you use at least 1,000 kWh — allowing you to save a significant chunk on your bill. For households that regularly surpass 1,000 kWh, the Flash Value 12 plan can help lower your overall energy costs and lock in a competitive rate. Express Energy also offers a solid 60-day satisfaction guarantee if the plan is not a good fit.

Best for large homes: TXU Smart Saver 1,000 12

Higher-usage households can reap the benefits of TXU Energy’s Smart Saver 1,000 12 plan this summer. Lock in a steady electric rate for one year, and benefit from a $100 bill credit each month you use over 1,000 kWh. You’ll also receive an additional $25 monthly bill credit all summer long for hitting this usage level. Enroll with TXU and enjoy top-rated customer service as summer prices peak.

Best for small homes: Gexa Eco Saver Lite 12

For customers with smaller homes or lower usage in general, Gexa Energy’s Eco Saver Lite 12 plan is a solid choice. Benefit from a $50 bill credit each month you use more than 500 kWh. With a lower bill credit threshold than most fixed-rate plans, the Eco Saver Lite lets you secure predictable, affordable bills during the volatile summer market. It’s also 100% renewable, helping you reduce your carbon footprint while keeping your bills low.

The best electricity plan for your home will depend on your preferred contract length, typical monthly kWh usage, and whether you consistently qualify for any bill credits. Want to narrow down your search and match only with plans that fit your needs? Use our rate finder tool to discover the best plans for you today.

Your power to choose electricity in Princeton

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

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

Average residential energy rate

Most electricity rates in Princeton range from 7.2–24¢/kWh.

The electricity rate you’ll pay in Princeton depends on how much electricity you use, as most plans have a tiered pricing structure. Explore Princeton’s average price per kWh for each usage level on our marketplace:

• At the 500 kWh level, the average rate in Princeton is 20.5 cents per kWh.
• At the 1,000 kWh level, the average rate in Princeton is 12.4 cents per kWh.
• At the 2,000 kWh level, the average rate in Princeton is 15.6 cents per kWh.

Electricity rates can also vary based on factors like local taxes and utility delivery fees, which vary based on where you live. Even if you have the same plan as someone else nearby, you might pay a different rate because of these fees.

Compare the best power companies and rates in Princeton by entering your ZIP code on our independent marketplace. You can shop energy rates specific to your area online or call our experts to shop over the phone and sign up for a competitive summer energy plan in minutes.

Explore our best energy providers

Some of the most popular energy providers on our marketplace include TXU Energy, Gexa Energy, and 4Change Energy. 

Having as many energy options as you do in a deregulated market can feel overwhelming. To help, we’ve put together a thorough rating system to help simplify your shopping experience. We evaluate providers by their customer service, online accessibility, and plan options, considering factors like what real customers say on Google and Trustpilot, how easy it is to manage your account and pay bills, and more.

We’ve highlighted key details about each provider on our marketplace. Learn more about what they have to offer.

Provider	Which company is best for me?	Our rating	Our top-recommended plan
TXU Energy	Best overall	5/5	Smart Edge
4Change Energy	Best for local community involvement	5/5	Maxx Saver Value
Express Energy	Best for attentive customer service	5/5	Flash Value
Veteran Energy	Best for mission-driven energy	5/5	Valor
Gexa Energy	Best for affordable green electricity	5/5	Eco Saver Plus
TriEagle Energy	Best for transparent, fixed rates	4.9/5	Real Deal
Frontier Utilities	Best for online accessibility	4.8/5	Frontier Saver Plus
APG&E Energy	Best for customers on a tight budget	4.8/5	SimpleSaver

Other top Texas energy providers on our marketplace include:

• Atlantex Power
• Rhythm Energy
• Green Mountain Energy
• Reliant Energy
• Direct Energy
• Octopus Energy
• Discount Power
• Cirro Energy
• Payless Power
• Constellation Energy

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

The current lowest electricity rate in Princeton is 7.2 cents per kWh from APG&E.

Princeton utilities: Oncor and TNMP

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 companies for Princeton are Oncor Electric Delivery and Texas-New Mexico Power (TNMP). In the event of a power outage or electrical emergency, call your utility company, not your provider.

Here’s how to contact each utility:

Oncor:

• Call 1-888-313-4747.
• Text “OUT” to 66267.
• Report an outage through Oncor’s online outage portal.

Texas-New Mexico Power:

• Call 1-888-866-7456.
• Report an outage through TNMP’s outage reporting system.

Texas utility companies collect a fee for delivering electricity, called a transmission and distribution utility (TDU) charge. Oncor Electric Delivery charges $4.23/month and 5.6183¢/kWh. TNMP’s TDU charge includes a monthly charge of $7.85 and a usage charge of 7.237¢/kWh.

Types of Princeton electric plans

There are a variety of types of electricity plans in Princeton, each tailored to meet different energy needs. Here are the main ones you’ll find on our marketplace:

• Fixed-rate plans: With a fixed-rate plan, you’ll pay the same electricity rate for your entire contract period, which generally lasts 12, 24, or 36 months. While this can make your energy costs more predictable, it also means you’ll pay an early termination fee (ETF) if you cancel or switch before your contract officially ends.
• Variable-rate plans: Variable-rate plans tie your rate to the wholesale cost of electricity, so it can change every month. When prices dip, you may save on your monthly bill, but when rates rise, you’ll likely pay more. The main benefit of variable-rate plans is that you won’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 a prepaid plan, you 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.

Commercial energy

If you’re a business owner in Princeton, you can also pick your company’s electricity provider — and Choose Texas Power can help, whether you run a large or small business. We offer two options for setting up electricity for your business: Give us a call to speak with a dedicated business energy consultant or visit PowerHQ.com to browse multiple commercial energy plans.

Green energy plans

Texas’s significant investment in renewable energy, like wind and solar energy, means you have many green energy options in Princeton. All Texas electricity plans have some portion of renewable energy. Find your plan’s exact green energy percentage by checking the Electricity Facts Label (EFL).

For the lowest carbon footprint, you can also choose from 100% renewable energy plans in Princeton. Submit your ZIP code on our marketplace and filter for “green energy” to find these top-rated providers:

• Gexa Energy
• Green Mountain Energy
• Rhythm Energy
• Octopus Energy

How to switch energy companies

With Choose Texas Power, shopping for a new energy plan is simple. Whether you’re preparing to 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 moving to Princeton from out of town, you can contact your current power company before your move and request to transfer your plan to your new address. If they don’t service your new address, 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 explore 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 7.6 cents per kWh offered by APG&E. Other providers known for their affordable electric rates include Express Energy, Frontier Utilities, Cirro Energy, and Rhythm Energy. 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 and sign up for electric rates in Princeton from the city’s leading energy companies — all in one place. 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 $184.56 per month for electricity, based on the average rate of 16.84 cents per kWh and Texans’ average usage of 1,096 kWh per month. However, your electricity bill will vary depending on your monthly usage, utility company, and more.

What is the best electric company in Princeton?

Everyone’s energy needs are different, so there isn’t one single “best” Princeton electric company. 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.

How does weather affect Princeton energy rates?

Weather affects energy rates in Princeton by affecting energy demand. In winter and summer, extreme temperatures increase electricity demand, which can lead to higher energy rates. Meanwhile, milder seasons like spring and fall have lower energy demand and lower overall electricity rates.