Princeton Electricity Rates
Instantly compare competing electricity company rates and energy plans in Princeton, Texas.
Rates for Princeton
Graham Griffin
This electricity rates guide for Princeton, Texas is current as of June 2026. Princeton is a city of 17,000 residents located in Collin County, Texas. Princeton's electricity market is regulated, meaning residents are served by their local utility provider.
Guide by Graham Griffin
AboutPrinceton
Did You Know?
Princeton was founded in 1881 when the St. Louis-San Francisco Railway built through the area, and the town was named after Princeton University by early settler William Jeremiah Wilson, who was an alumnus. The community began as a small farming settlement focused on cotton production, with the railroad serving as the vital link that connected local farmers to markets in Dallas and beyond.
In 2020, Princeton completed construction of its new $45 million municipal complex that consolidated city hall, police, fire, and library services under one roof. The state-of-the-art facility includes a community meeting space, emergency operations center, and was designed to accommodate the city's rapid population growth, which has tripled in the past decade.
Princeton is the hometown of NFL linebacker DeMarcus Ware, who was born here in 1982 and went on to become a Dallas Cowboys legend and Pro Football Hall of Fame inductee. Ware, who recorded 138.5 career sacks, frequently returns to Princeton for community events and has donated equipment to the local high school football program where his jersey number is retired.
Princeton sits on top of one of the largest underground freshwater aquifers in North Texas, which was discovered in the 1950s when oil companies were drilling test wells. The aquifer is so abundant that the city has never had to implement water restrictions, even during severe droughts, and actually sells excess water to neighboring municipalities during dry spells.
Princeton hosts the annual 'Founders Day Festival' every October, which features a unique tradition called the 'Great Pumpkin Roll' where giant pumpkins are rolled down Princeton Drive in a race to the finish line. The event began in 1995 as a small harvest celebration but has grown into a regional attraction that draws thousands of visitors and includes live music, local food vendors, and a costume contest for both pets and people.
Princeton Electricity Rates
| Provider | Plan | Price | Term | Cancellation Fee | Type | Docs | |
|---|---|---|---|---|---|---|---|
 | APGE | APGE - SimpleSaver 15 Credits | 7.4c per kWh | 15 Mo | $250 | Fixed | |
 | Just Energy | Just Energy - Smart Choice - 12 Credits | 7.5c per kWh | 12 Mo | $175 | Fixed | |
| APGE | APGE - SimpleSaver 12 Credits | 7.5c per kWh | 12 Mo | $150 | Fixed | |
 | 4Change Energy | 4Change Energy - Maxx Saver Value 6 Credits | 7.6c per kWh | 6 Mo | $20/Mo remaining | Fixed | |
 | Gexa Energy | Gexa Energy - Gexa Eco Saver Plus 12 Green Credits | 7.6c per kWh | 12 Mo | $150 | Fixed | |
 | Frontier Utilities | Frontier Utilities - Frontier Saver Plus 12 Credits | 7.6c per kWh | 12 Mo | $150 | Fixed | |
 | Cirro Energy | Cirro Energy - Bill Bonus 24 Credits | 7.6c per kWh | 24 Mo | $295 | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 12 Credits | 7.6c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
 | Discount Power | Discount Power - Bill Credit Bundle 24 Credits | 7.6c per kWh | 24 Mo | $295 | Fixed | |
| Discount Power | Discount Power - Bill Credit Bundle 12 Credits | 7.7c per kWh | 12 Mo | $150 | Fixed | |
| Cirro Energy | Cirro Energy - Bill Bonus 12 Credits | 7.7c per kWh | 12 Mo | $150 | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 24 Credits | 7.7c per kWh | 24 Mo | $20/Mo remaining | Fixed | |
| APGE | APGE - SimpleSaver 14 Credits | 7.7c per kWh | 14 Mo | $250 | Fixed | |
| APGE | APGE - SimpleSaver 15 Credits | 7.8c per kWh | 15 Mo | $250 | Fixed | |
| APGE | APGE - SimpleSaver 12 Credits | 7.9c per kWh | 12 Mo | $150 | Fixed | |
| Just Energy | Just Energy - Smart Choice - 12 Credits | 7.9c per kWh | 12 Mo | $175 | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 12 Credits | 8.0c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
| Frontier Utilities | Frontier Utilities - Frontier Saver Plus 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed | |
| Cirro Energy | Cirro Energy - Bill Bonus 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed | |
| Discount Power | Discount Power - Bill Credit Bundle 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed |
As a resident or business owner within Princeton, you can choose the electricity provider that best meets your needs.
Compare Power is a free consumer service established in 2009 to assist residents of Princeton in 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, making evaluating alternatives simple and fast.
This allows Texas energy customers to avoid hidden charges and marketing gimmicks by comparing plans "apples-to-apples" without wasting hours making phone calls or clicking through dozens of websites.
Electricity Price Trends in Princeton
Electricity in Princeton is deregulated. As an energy customer, you can choose a retail electricity provider, which gives you insight and command over your energy bill.
Deregulation of energy in Texas de-monopolized the electricity market for most 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, with hundreds of plans to sort through.
Average Electricity Rates in Princeton
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The average residential electricity rate in Texas is 15.7¢, 13% less than the U.S. average.
EIA Electricity Rates - National Average (3 Year Trend)
Residential YoY
+7.6%
Commercial YoY
+7.5%
Industrial YoY
+12.1%
Source: U.S. Energy Information Administration
Data through January 2026 · Up to date as of June 7, 2026
EIA data is typically published 2-3 months after the reporting period. Recent months may not yet be available.
Got me the cheapest electric. Nice.
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 pay a "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 anticipated 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 considers the changes in usage between the summer and winter months and is the best way to determine the right energy plan for your home.
Compare Power 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 navigating 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, 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
Suppose you recently purchased a home or business or cannot obtain 12 months of usage history. In that case, you can always estimate your average energy in any given month.
While not as optimal as having all the 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 Compare Power to find the best energy plan for your specific usage.
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 homeowner to provide you with their past 12 months of usage.
This information is readily found in recent billing statements.
Acquiring usage for the past 12 months may take effort, but the time (and savings) will be well worth it.
Once you have historical usage, Compare Power will do the math instantly to help you find the best plan for your home's usage pattern.
Note: If you cannot obtain historical usage information, a second option would be to estimate your future usage using our "Help Me Choose" tool. By simply entering your zip code, the tool can assess your home's projected electricity consumption.
Sign-up for a plan in minutes through Compare Power. We will remind you when it's time to come back to switch and save at the end of the plan length you decide on.
Switching Electricity Companies in Princeton
Switching is good. Market conditions are constantly 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 for.
Before renewing your contract, check the rates of competing electricity providers.
Switching can save you hundreds or thousands of dollars yearly 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 from 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.
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 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 must collect the usage history for the past 12 months.
Princeton Energy Companies
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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, and Direct Energy.
Click on the company of your choice to view prices, learn more, or sign up.
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, Compare Power 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 determine 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.
Learn how to get no-deposit lights.
Deposit Waivers
You may be eligible to waive the deposit if you meet one of the Texas Public Utility Commission §25.478 - PUCT §25.478.
Princeton Business Power Plans
If you run a company in Princeton, many other businesses have also established themselves here.
Princeton has become a thriving place for many small to mid-sized companies. The city is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more growth opportunities.
Shop for prices from competing providers to manage your energy costs.
Compare Power 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 choose the cheapest rate. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Princeton Utilities
Electricity
To learn more about smart meters or to download your electricity usage, visit .
To report an issue with your electricity service or power outages in Princeton, visit the or call them at .
Gas
Call or visit Princeton's official city website for gas service in Princeton to determine who your provider is.
Waster/Sewer/Garbage/Recycling
In Princeton, the City of Princeton usually handles water, garbage, sewer, and recycling services.
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.
- CenterPoint
- Oncor
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
View Electricity Prices for Zip Codes in Princeton
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View Electricity Prices for Cities Near Princeton
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.
Princeton Electricity Rates FAQs
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