Princeton Electricity Rates and Companies

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.

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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. Your home’s layout, square footage, energy efficiency, and household size can impact where you fall on the pricing tier.

• At the 500 kWh level, the average rate in Princeton is 19.4 cents per kWh.
• At the 1,000 kWh level, the average rate in Princeton is 11.7 cents per kWh.
• At the 2,000 kWh level, the average rate in Princeton is 14.8 cents per kWh.

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

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.

Provider	Best known for	Our rating
TXU Energy	Offering a diverse selection of plans	5/5
Gexa Energy	100% green energy plans at an affordable cost	4.9/5
4Change Energy	Donating 4% of its annual profits to Texas charities	5/5
Express Energy	Attentive customer service	5/5
TriEagle Energy	Transparent, fixed-rate plans	4.9/5
Frontier Utilities	Low-cost, straightforward power plans	4.8/5
Veteran Energy	Its mission is to help veterans and their families	5/5

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

The current lowest electricity rate in Princeton is 7.6 cents per kWh from APG&E.

Oncor Electric Delivery is Princeton’s utility

While you can choose your electricity provider in a deregulated market, your utility company is determined by your address and cannot be changed. Princeton 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.
• Go to Oncor’s online outage portal.

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 5.6183 cents/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.

Understanding Princeton electric rates

Electricity rates in Texas depend highly on where you live, 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 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.