Princeton, New Jersey electricity rates - plans that match your needs

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Electricity Providers in Princeton, New Jersey

Approximately 30,681 people regard Princeton as home, which makes the city the 31st largest city by population in the state.

When procuring electricity, Princeton citizens have choices to make. The area operates as a deregulated electricity market, meaning suppliers can compete for the business of the area's residents. Everything considered, this competition is a plus for customers—as they enjoy compelling electricity plans and affordable rates per kilowatt-hour Sadly, consumers should be wary of less-than-reputable energy companies who employ deceptive marketing and unrealistic plan terms to get a win over the competition.

FindEnergy.com can protect you against these fly-by-night electricity suppliers. Feel free to search for the information you need on the many different electricity providers in Princeton, New Jersey on our website. Home to some of the most reliable electricity providers in Princeton, our website makes certain that you are only getting the most attractive electricity offerings from only the most reliable energy providers in Princeton.

Make sure you’re getting the most compelling energy plans in your area; type in your zip code. View a few of our most reliable suppliers in this list.

Princeton, NJ Residential Electricity Rates

Residential

Princeton Averages

Rate18.12¢
Usage1,485 kWh
Bill$269

New Jersey Averages

Rate16.37¢
Usage665 kWh
Bill$109

United States Averages

Rate14.11¢
Usage893 kWh
Bill$126

The average cost of electricity in Princeton is 18.12 cents for every kilowatt-hour. For the sake of comparison: residential electricity can be had in the state of New Jersey for 16.37 cents per kWh; while, nationwide, residential electricity can be had for 14.11 cents for every kilowatt-hour.

Each month, Princeton, New Jersey consumers spend an average of $268.99 on their energy bill. On the other hand: residential electricity can be had on a state level at a monthly average of $108.85; while residential electricity can be had on a national level at a monthly average of $125.95.

It is worth knowing that electricity expenses may dramatically differ depending on how much electricity you use. Electricity plans aren’t so straightforward, and the connection between monthly kilowatt-hour consumption levels and particular electricity rates is one that leaves plenty of consumers puzzled.

We easily eliminate this confusion by only featuring plans with an easy to understand TOSs on our website. The Terms of Service (TOS) of your energy plan clarifies invaluable electricity information that you should learn about. Learning to consult Terms of Service will not only enable you to learn important electricity information—such as the terms, conditions, and price information of your electricity plan—but will also allow you to examine different electricity plans in a standard format.

Seeing that there are lots of different electricity offerings from the various energy providers in Princeton, New Jersey, our team at Find Energy has already compiled TOS highlights to help consumers make educated electricity decisions. When you use our website, you get access to crucial energy information, including the conditions, terms, and prices of the best energy offerings from the most prominent energy suppliers in Princeton, New Jersey.

Securing a new energy plan has never been safer—fill in your zip code to benefit from FindEnergy.com. The Find Energy team is focused on assisting residents in Princeton, New Jersey look for the most competitive residential energy plans from only the most established electricity suppliers in Princeton, New Jersey.

You can find some of the most competitive residential energy plans being offered in your location in the following list.

Princeton, New Jersey Residential Electricity Plans

Residential

Princeton, NJ Commercial Electricity Rates

Commercial

Princeton Averages

Rate15.07¢
Usage24,928 kWh
Bill$3,755

New Jersey Averages

Rate13.34¢
Usage2,913 kWh
Bill$389

United States Averages

Rate11.16¢
Usage5,445 kWh
Bill$608

If you’re a business owner in Princeton, you’re paying an average electricity rate of 15.07 cents per kWh. As a point of comparison: the average cost of business electricity in the state of New Jersey is at 13.34 cents per kWh; while the average cost of commercial electricity on a national level is at 11.16 cents for every kilowatt-hour.

Princeton entrepreneurs spend $3,755.42 on average on their electricity bill every month. Statewide, the monthly electricity bill averages $388.61; while countrywide, the current monthly electricity bill averages $607.57.

Most business types depend upon substantial electricity use. On average, a business consumes around 12x more electricity than a residence. While often overlooked, decreasing monthly electricity costs can play a pivotal role in decreasing overall business expenses. Reducing your rate by just a few pennies per kilowatt hour could equal massive savings over the long haul for a company.

Our team at Find Energy can help your business secure customized prices from the most reliable electricity suppliers in the Princeton area, if you're paying $3,000 or more for electricity each month.

In our experience, Princeton area businesses that purchase a new electricity plan using Find Energy can reduce their bill by 15% to 25%.

FindEnergy.com features the most competitive business electricity plans available in Princeton, New Jersey. Let our team at Find Energy help you in finding the best business electricity plan in the Princeton area—type in your zip code.

Our team at Find Energy has taken the initiative of compiling the most attractive business energy plans available to Princeton businesses; check them out in the list below.

Princeton, New Jersey Commercial Electricity Plans

Commercial

There are no Commercial plans available.

If you are wondering whether to give this a go, here are a number of important facts you might want to keep in mind:

  • Your establishment could save substantial amounts via a fixed-rate plan - Buying a low fixed rate empowers companies to save now and project their yearly electricity expenses with a high level of accuracy.
  • There is no disruption of electricity service when you change to plan - When you purchase a new plan, you just get a bill with your new electricity provider's name on it. Your utility company doesn't change and electricity never stops flowing the entire time.
  • The whole process takes just minutes of your time - All you need to do is take a couple of minutes submitting your information with us. After that, we will take care of the heavy lifting. You will lock in a brand new electricity plan and spend almost no time.
  • Find Energy will take charge of the entire switching process - Find Energy handles the entire switching process if you are not under contract. After submitting your information, the only thing you need to do is to allow us to help you enjoy the best available plan for your organization. You will have a lower bill for years to come. And even if you are under contract, Find Energy can still help you find and switch to a more attractive pricing plan.
  • Look up new plans without commitment - It doesn't matter if our staff has already spent the time getting a quote for your business. There is no obligation on your part to make the switch, unless you're perfectly happy with the rates you receive from us. We've made our shopping experience to be as risk free as possible for you and your company!

If you're ready for your business to begin saving on electricity expenses as soon as possible, then enter your zip code on this page and answer these easy questions. Our team at Find Energy will start getting you the best options almost immediately!

Princeton, NJ Utility Company

While there are multiple electricity companies that provide energy services to the residents of Princeton, New Jersey, it is PSEG that largely handles energy distribution as Princeton's main utility provider. In case of a black out or if you have concerns about your electricity services, you have to reach out to PSEG.

In the event of a power interruption, you can always get in touch with PSEG at (800) 436-7734.

Princeton, New Jersey Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.186/kWh$0.141/kWh$188.09/mo.$62.00/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.186/kWh$0.141/kWh$188.09/mo.$62.00/mo.

Find the best plan for your needs

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Shop Electricity Providers by Zip Code in Princeton, NJ

  • 08540
  • 08542

Princeton, New Jersey Electricity FAQs

FAQ

Who offers the best electricity rates in Princeton?

Here are the cheapest electricity deals for sale in Princeton.

What electric utility company does Princeton, New Jersey use?

Princeton's electric utility is PSEG, but Princeton users can purchase their electricity directly through many different suppliers, including the ones in following list:

How do I pick an electricity supplier in Princeton?

The entire process is hassle-free! Fill out your zip code, and Find Energy will filter out the cheapest electricity plans currently available in Princeton for you to choose from.

How many providers are in Princeton?

Presently, 14 electricity providers have operations Princeton.

How do I find a renewable electricity plan in Princeton?

On Find Energy, you can find a 100% Green electricity plan easily. Just shop for electricity plans that indicate the 100% Green label.

What is the most affordable electricity provider in Princeton?

Constellation Energy presently has the most affordable residential power plan at a rate of 11.69 cents per kilowatt-hour.

What is a fair electricity rate in Princeton?

The cheapest electricity plan available in Princeton is 11.69 cents per kWh, currently sold by Constellation Energy.

Last Reviewed By: Matt Hope
Published: 2022-12-02