Princeton electricity rates and energy plans
Whether a business owner, new resident, or long-time citizen of Princeton, use of this comprehensive guide will enable you to find your best solution for an electricity plan.
Time to read: about 7 min
Sections in this guide:
Click on a section to jump directly to it:
- Princeton Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Princeton (average kWh price chart)
- How to find the best energy plan in Princeton (know your usage!)
- Moving to Princeton: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Princeton (how to choose the best plan)
- Princeton Energy Companies
- No-Deposit Electricity Plans in Princeton
- Princeton Business Electricity Plans
- Princeton Utilities (and how to report a power outage)
Princeton Electricity Rates Table
As a resident or business owner within Princeton, you have the power to choose the electricity provider that best meets your specific needs.
ComparePower is a free consumer service established in 2009 to assist residents of Princeton shopping for their best energy plan.
These official rates are the identical rates you’ll find calling the energy companies or visiting them online.
Plans from several different energy providers are shown in a convenient format that makes evaluating alternatives simple and fast.
This allows Texas energy customers avoid hidden charges and marketing gimmicks by comparing plans “apples-to-apples” without wasting hours of time making phone calls or clicking through dozens of different web sites.
72 Princeton Electric Rates
These live rates for Texas New Mexico Power (TNMP) service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Princeton
Electricity in Princeton, Texas, is deregulated. As an energy customer, you have a choice when it comes to choosing a retail electricity provider (your electricity provider), which gives you insight and command over your energy bill.
Deregulation of energy in Texas de-monopolized the electricity market for the majority of the state, the city of Princeton included, which introduced lots of competition.
As a result, many fantastic energy companies compete for your business in Princeton by offering low-prices, making it a great time to compare, switch, and lower costs on your electricity bill.
As many as 60-100 energy companies compete for your business in Princeton and there are hundreds of plans to sort through.
Average Electricity Rates in Princeton, Texas
This chart is compiled using data from the U.S. Energy Information Administration (EIA.GOV).
The average price for electricity in Texas in 2017 was 11.4 cents per kilowatt-hour (kWh).
There are fixed-rate plans for Princeton residents on ComparePower with rates as low as $0.14
How to find the best energy plan in Princeton
#1 rule: Determine what your usage is!
Discovering the amount of electricity you will consume monthly is the best way to find a deal on electricity in Princeton. Why is this so vital?
The “price per kWh” you see electricity providers advertising is for an exact monthly usage (usually 2000 kWh).
Every plan uses a different equation for how your monthly statement is calculated, and your monthly bill will vary depending on how much power you consume in a month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than the one you saw advertised when you enrolled.
Fortunately, there’s a better way to choose your energy provider.
Calculating your expected monthly bill based on anticipate monthly usage, then comparing rates by total monthly cost, is the best way to shop for the lowest rate for your home.
Better yet, if you have 12 months of usage history for your household, you can compare plans by total annual cost. This annualized method takes into account the changes in usage between summer and winter months and is the absolute best way to determine the right energy plan for your home.
ComparePower does all this math for you instantly. What takes hours on a spreadsheet is now done in a few seconds.
We put you in the driver’s seat, taking what would amount to hours of research, spreadsheets, and calculations across hundreds of offers and navigate you step-by-step to the electricity plan that’s best for your household’s usage.
We clarify the fine print, disclosing the various charges and fees, so you’ll know exactly where your money is going and what to expect on your bill.
We then assist you in signing-up with your selected energy company without leaving our service.
The bottom line is you must understand your expected or historical usage before selecting the best electricity plan for your home.
If you don’t know your usage, estimate
If you recently purchased a home or business, or you cannot obtain 12-months of usage history, you can always estimate the average amount of energy that you will use in any given month.
While not as optimal as having all previous 12-months of usage, estimating your average usage is better than blindly picking the first plan you see advertised by an electricity provider at a specific usage that isn’t what you’ll consume.
Use ComparePower to find the best energy plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Princeton: Setting up Electricity
If this is your first time setting up electricity service in Princeton, to get the best rate you need to get the previous 12-months of energy usage for your new home.
Ask the previous home-owner to provide you with their past 12-months of usage.
This information is readily found in recent billing statements.
It may take some effort to acquire usage for the past 12-months, but the time (and savings) will be well worth it.
Once you have historical usage, ComparePower will do the math instantly to help you find the best plan for your home’s usage pattern.
Note: If you are unable to obtain historical usage information, a second option would be to estimate your future usage via utilizing our “Help Me Choose” tool. By simply entering your zip code the tool will be able to assess your home’s projected electricity consumption.
Sign-up for a plan in minutes through ComparePower. We will remind you when its time to come back to switch and save at the end of the plan length you decide on.
Ready to get started? Enter your zip code below, and we'll guide you to the best energy plan for your new home.
Switching electricity companies in Princeton
Switching is good. Market conditions are always in flux, so it is important to shop for a lower rate every year when your contract is about to expire.
Your existing energy company will normally raise your electricity rate once your contract expires. If you do not take action, you’ll be left on a month-to-month rate that is significantly more than the plan you signed up.
Before renewing your contract make sure to check the rates of competing electricity providers.
Switching can save you hundreds or thousands of dollars each year on your energy bill.
Switching is easy:
- You don’t have to call your current provider to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your power supply
- It takes just minutes
When you decide to switch, your new electricity company will take care of everything for you including terminating service with your previous company.
Your lights stay on when you switch. Electricity in Princeton is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch electricity providers. Therefore the reliability of your service is not affected.
You can pick any date up to 14 days early of your current contract’s end date without an “early termination” penalty. Texas law protects you here.
If you’re still under contract, find out how many months remain on your contract. You can set a future start date with most providers up to 6o days in advance.
And even if you’re well inside your contract, savings achieved on your monthly bill by switching providers may outweigh the fee to break your existing contract.
For help with this, you can send us your latest energy bill via email, and one of our professional team members will contact you shortly to discuss your best options.
If you’re ready to switch and would like to know how to find the best plan remember that understanding your usage is the best way to find the truly cheapest rate.
Keep in mind that when you get ready to switch, and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you will need to collect the usage history for the past 12 months.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Princeton Energy Companies
Are you trying to find an excellent electricity company in Princeton?
You can sign up for service with great companies such as TXU Energy, Reliant, Direct Energy and more.
Click on the company of your choice to view prices, learn more, or sign up.
|Energy Companies in Princeton||Phone Number|
No-Deposit Electricity Plans in Princeton
Need to find an energy plan in Princeton that doesn’t require a deposit?
If your first choice of plans charges a deposit, ComparePower will automatically show you additional plans that require no money down.
That saves you a lot of time and hassle. No more surfing the internet and calling energy companies to find out if a deposit is needed.
Working for you, we will instantly check any deposit requirements for other plans, allowing you to get power and return to your regular activities stress-free.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
You may be eligible to have the deposit waived if you meet one of the following criteria.
A residential customer or applicant may be deemed as having established satisfactory credit if:
- The customer has been a customer of any REP or an electric utility within the two years prior to the request for electric service; is not delinquent in payment of any such electric service account, and during the last 12 consecutive months of service was not late in paying a bill more than once.
- The customer or applicant possesses a satisfactory credit rating obtained through a consumer reporting agency, as defined by the Federal Trade Commission.
- The customer or applicant is 65 years of age or older and the customer is not currently delinquent in payment of any electric service account.
- The customer or applicant has been determined to be a victim of family violence.
- The customer is medically indigent.
The requirements above are directly from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
Note: For any of the situations above, you must first complete your order an energy plan on ComparePower before you can obtain a waiver for your deposit.
After you’ve placed your order, you will receive an email with instructions as well as contact information for your new energy company.
Important: You must send your waiver information by email, phone, fax or mail to your new energy company (not to ComparePower).
As soon as your energy company receives your documentation, they will let you know that they’ve sent a request for your energy service to begin.
Remember, your energy company will not start your electric service until you satisfy any deposit requirement (you pay or receive a waiver).
If you have any questions on deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Princeton Business Power Plans
If you run a company in Princeton, you’ll find many other businesses also have established themselves here.
Princeton has become a thriving place for many small to midsized companies. The city is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more opportunity for growth.
To manage your energy costs, you need to shop prices from competing providers.
ComparePower bridges the gap between your business and energy providers by inviting various energy providers to compete for your business in a sealed bid process.
You submit your information once and the companies will present their bids. You to choose the cheapest rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
To learn more about Smart Meters, or to download your Electricity Usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in Princeton, visit the Texas New Mexico (TNMP) website or call them at 1-888-866-7456.
For gas service in Princeton, call or visit Princeton official city website to determine who your provider is.
In Princeton, water, garbage, sewer, and recycling services are usually handled by the City of Princeton.
Other Utility service areas in Texas
Not in the Texas New Mexico (TNMP) Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for Zip Codes in Princeton, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
View electricity prices for cities near Princeton, Texas
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
If your city is not on the list, use the zip code finder for a rate lower than what you currently pay in your city.
- Houston, TX
- Mission, TX
- Fort Worth, TX
- Dallas, TX
- Midland, TX
- Mcallen, TX
- Pearland, TX
- Corpus Christi, TX
- Big Spring, TX
- Alvin, TX
- Katy, TX
- Abilene, TX
- Sugar Land, TX
- Arlington, TX
- Missouri City, TX
- Laredo, TX
- Loraine, TX
- Richmond, TX
- Harlingen, TX
- Edinburg, TX
- Plano, TX
- Cypress, TX
- Killeen, TX
- Humble, TX
- Friendswood, TX
- Dickinson, TX
- Grand Prairie, TX
- Mesquite, TX
- Angleton, TX
- Tyler, TX
- Eagle Pass, TX
- Allen, TX
- Spring, TX
- Austin, TX
- Eden, TX
- Belton, TX
- Carrollton, TX
- Baytown, TX
- San Benito, TX
- Mansfield, TX
Don’t see your city or zip code? Enter your zip code below to search for your new low rate:
Don’t see your city or zip code? Enter your zip code below to search for your new low rate: