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Princeton

Princeton Electricity Rates

Moving? | Switching? | Compare Official Rates for competing energy companies in Princeton, Texas. Not all plans are equal. This free consumer service helps you cut through hidden fees & confusing ads to quickly discover the best energy plan for your home or business. No-deposit energy plans & same day power available.

Graham Griffin
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Enri Zhulati
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Ryan Hatch
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Written by , Edited by , Reviewed by

Article

At your usage level

What Princeton plans cost right now

Live pricing for the TNMP delivery territory · August 2026

16.6¢
Average across live Princeton plans
8.2¢
Where plans we price start today
Paying more than 16.6¢? It isn’t your fault.
Check your bill in 2 minutes →

Computed across 122 live plans at 1,000 kWh, TNMP delivery included — every one from a PUCT-licensed provider we work with. Same wires either way; only the contract changes.

Advertised rates are built to win the ad, not your bill — they only hold at one exact usage. Every number on this page already bakes in fees, credits, and delivery, so the trick doesn’t work here.

Your 3-step plan

Know your ZIP? Skip the list.

1. Enter your ZIP. 2. We price every Princeton plan we offer at your real usage. 3. Order online in about 10 minutes — power on the date you pick. No account, no spam.

Power off, or worried about a deposit? Same-day, no-deposit options →

Top plans

Top Princeton plans by monthly usage

Fees and bill credits bend each plan’s price curve — that’s how a bargain ad turns into an ugly bill. Pick the tab closest to your monthly usage and the trick stops working. Delivery included.

Order now = online checkout in about 10 minutes. Pick your start date — same-day at most addresses — and your account number arrives by email.

Today’s standout

Best-value 12-month plan

Rhythm Max Saver 12

Rhythm Energy

8.3¢

at 1,000 kWh

$83

est. monthly total

Order now →

The lowest effective 12-month rate we price in the Princeton area today. Your usage may crown a different winner — price it at your numbers.

Your delivery utility

Who delivers electricity in Princeton

TNMP owns and maintains the poles, wires, and meters in Princeton. Whichever plan you pick, TNMP still delivers the power and restores outages — switching providers never changes your wires. Every price on this page already includes TNMP delivery charges. If a rate elsewhere looks lower, check whether delivery is in it yet.

Quick answers

Princeton electricity questions, answered

As of August 2026, plans we offer in the TNMP territory average 16.6¢ per kWh at 1,000 kWh of monthly use, and today’s lowest effective rate is 8.2¢. Advertised rates move with your usage, so price plans at your own numbers.

TNMP is Princeton’s transmission and delivery utility. It owns the wires and meters and restores outages. You choose your retail electricity provider; TNMP delivers no matter who you pick.

Yes — most Princeton addresses have smart meters, so orders placed by 5 p.m. on a business day can start the same day. Pick your start date at checkout, up to 90 days ahead.

Compare effective rates at YOUR usage, not advertised rates — fees and bill credits bend each plan differently. Check the contract length and cancellation fee, then confirm delivery charges are included. The tables on this page do all three, and checkout takes about ten minutes.

Yes. Texas law gives you a 14-day window before your contract end date to switch with NO early-termination fee. Find your end date on your bill, then shop it today — the expensive move is drifting onto a holdover rate.

It changes with your usage. The lowest effective rate we price in Princeton today is 8.2¢ per kWh at 1,000 kWh — but a plan that wins at 1,000 kWh can lose at 2,000. Enter your ZIP and usage to see which company is cheapest for your home.

We currently price 122 plans in Princeton, every one from a PUCT-licensed provider we work with, priced with delivery included.

Who sells here

Electricity companies serving Princeton

17 providers sell into the TNMP territory today, between them offering 122 residential plans. Cheapest first, priced at 1,000 kWh with fees and delivery included.

17
companies selling here
8.2¢
cheapest today, all in
122
plans between them

Every provider here is licensed by the Public Utility Commission of Texas. A licence says they can sell to you; it says nothing about whether the plan is any good. Compare the total at your own usage, not the headline rate.

By ZIP code

Electricity rates by ZIP code in Princeton

Princeton spans 9 ZIP codes. Rates are set by delivery territory rather than ZIP, so these will usually match — check yours if your street sits on a boundary.

Why Texans trust us

We’d rather you stay than switch wrong

We’ve read thousands of confusing Texas bills. We know the sting when the “great rate” turns out to be neither — and it’s not because you did anything wrong.

We tell 47% of shoppers to keep the plan they already have.

Online checkout takes about 10 minutes, start date up to 90 days out.

Ten minutes from now you can be done with it: plan locked at your real usage, start date set, account number in your inbox.

Read real reviews from real Texans →

Moving to Princeton? Set up your utilities in one pass

Electricity is the only utility you choose — and the only one where the wrong pick costs you every month. The rest come fixed with your address. The whole list:

  1. 1

    Turn on electricity

    Most Princeton addresses have smart meters — order by 5 p.m. on a business day and power can start the same day. Pick from today’s plans above, or price every plan we offer at your usage.

    Price plans for your new address →
  2. 2

    Start water & sewer

    Set by your address — one provider, no shopping needed.

    City of Princeton Water Department Call 469-952-7000 Website →
    City of Princeton Wastewater Services Call 469-952-7000 Website →
  3. 3

    Connect natural gas

    Set by your address — one provider, no shopping needed.

  4. 4

    Set up trash & recycling

    Set by your address — one provider, no shopping needed.

    City of Princeton Solid Waste Services Call 469-952-7000 Website →
Go deeper The full Princeton electricity guide Read the guide ↓

About Princeton: population 17,000 · Collin County · deregulated — you choose your provider.

Your Insider’s Guide to Finding the Best Electricity Rates and Energy Plans in Princeton

Whether you are a business owner, new resident, or long-time citizen of Princeton, this comprehensive guide will enable you to find your best solution for an electricity plan.

Princeton Electricity Rates

ProviderPlanPriceTermCancellation FeeTypeDocs
A
APGESimpleSaver 10 Credits8.2c per kWh10 Mo$150Fixed
R
Rhythm EnergyRhythm Max Saver 12 Green Credits8.3c per kWh12 Mo$20/Mo remainingFixed
A
APGESimpleSaver 12 Credits8.3c per kWh12 Mo$150Fixed
E
Energy TexasThe Lone Saver Plus 12 Green Credits8.3c per kWh12 Mo$20/Mo remainingFixed
R
Rhythm EnergyRhythm Max Saver 24 Green Credits8.4c per kWh24 Mo$20/Mo remainingFixed
A
APGESimpleSaver 24 Credits8.4c per kWh24 Mo$250Fixed
4
4Change EnergyMaxx Saver Value 8 Credits8.5c per kWh8 Mo$20/Mo remainingFixed
F
Frontier UtilitiesSaver Plus 12 Credits8.8c per kWh12 Mo$150Fixed
Total: 122 plans Utility: TNMP Fetched: 9:28 PM

Price all 122 plans at your usage →

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 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

May 2026

The average residential electricity rate in Texas is 16.4¢, 11% less than the U.S. average.

EIA Rates

Residential · Texas · last 24 months

14.6¢15.2¢15.8¢16.4¢17.0¢06/2405/2505/26
Latest
16.4¢/kWh
Period avg
15.5¢/kWh
Min
14.6¢/kWh
Max
17.0¢/kWh
Source: U.S. Energy Information Administration (EIA Form 826) · snapshot 2026-07-23.

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.

Energy usage history document showing monthly consumption data with pen pointing to figures

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.

Electric plug on hundred dollar bills with utility bill showing balance and electric charges

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

Provider Phone Rating
Good Charlie Energy 800-205-5230 4.9 (1,380)
Ambit Energy 877-282-6248 4.7 (563)
Frontier Utilities 877-437-7442 4.7 (16,419)
Gexa Energy 866-961-9399 4.7 (27,650)
Payless Power 855-854-8490 4.7 (22,601)
Pogo Energy 888-764-6669 4.7 (4,048)
Rhythm Energy 855-441-3030 4.7 (5,430)
TXU Energy 866-370-2440 4.7 (9,779)
Constellation 888-900-7052 4.6 (3,711)
Veteran Energy 800-578-7070 4.6 (1,322)
4Change Energy 855-784-2426 4.5
Amigo Energy 214-550-6496 4.5 (17)
BKV Energy 855-258-4797 4.5 (1,131)
Clearview Energy 800-746-4702 4.4 (1,068)
Just Energy 214-245-4065 4.4 (448)
Power Express 877-400-0232 4.4 (208)
Reliant 877-282-6248 4.4 (2,521)
Alliance Power 877-777-2017 4.3 (6)
APGE 877-544-4857 4.3 (2,732)
Chariot Energy 844-854-2257 4.2 (989)
Spark Energy 877-547-7275 4.2 (2,602)
Stream Energy 888-962-5888 4.2 (1,241)
TriEagle Energy 888-893-6737 4.2 (2,247)
Direct Energy 855-461-1926 4.0 (1,681)
Octopus Energy 833-628-6888 4.0 (126)
STAT Energy 855-207-7828 4.0 (100)
Varsity Energy 877-827-7389 4.0 (118)
Acacia Energy 877-997-2946 3.9 (1,800)
Green Mountain 877-245-7795 3.9 (3,294)
IronHorse 866-316-1549 3.9 (160)

Showing 30 active providers · residential. Sorted by Google rating.

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.

Open sign hanging in store window welcoming customers

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 hereto get competing quotes for your business electricity.

Princeton Utilities

Electricity

To learn more about smart meters or to download your electricity usage, visit +1 (888) 313-4747.

To report an issue with your electricity service or power outages in Princeton, visit the https://stormcenter.oncor.com or call them at +1 (888) 313-4747.

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

Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.

Popular TX ZIP codes

Showing 40 of 1321 TX ZIP codes.

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

Did You Know?

HISTORICAL

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.

RECENT

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.

FAMOUS PEOPLE

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.

DID YOU KNOW

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.

CULTURAL

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.

City Departments & Utilities

City Hall

469-952-7000

Website

1298 Princeton Dr, Princeton, TX 75407

Water

City of Princeton Water Department

469-952-7000

Website

Natural Gas

Atmos Energy

888-286-6700

Website

Garbage & Recycling

City of Princeton Solid Waste Services

469-952-7000

Website

School District

Princeton Independent School District

469-952-1200

Website

Public Library

469-952-7050

Website