Princeton Electric Plant Board: Rates and Coverage Area

Princeton Electric Plant Board

Electricity Rates, Plans & Statistics

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About Princeton Electric Plant Board

Princeton Electric Plant Board is headquartered in Princeton, Kentucky and it supplies electricity in the population who live there. There are 59 industrial customer accounts, 838 commercial customers and 2,775 residential customers who are served by the company. Princeton Electric Plant Board's customers are billed an average residential electricity rate of 12.35 cents per kilowatt hour, which is 0.72% lower than the average state rate of 12.44 cents. In 2019 Princeton Electric Plant Board sold 96.60% of their disposition to end users (known as retail sales). The electricity sourced by Princeton Electric Plant Board is made up of primarily wholesale purchased megawatt hours, with 112,029 procured by the company. The provider earned $12,800,000 in 2019, which came entirely from retail sales.

The Kentucky average monthly residential electric bill is $126.96, while the Princeton Electric Plant Board average is 12.07% lower at $110.58 per month. This is the 17th lowest average monthly bill amount for a supplier in the state. Electricity generation is not part of the Princeton Electric Plant Board business model, as they purchase power at wholesale rates and then resell to their customers.

Princeton Electric Plant Board Rate & Electric Bills

Princeton Electric Plant Board residential electric rates are highest in January and the highest average bill is in April.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.154/kWh$0.113/kWh$196.71/mo.$77.57/mo.
1002nd12.35¢Princeton Electric Plant Board's Average residential price per kWh
1145th$110.58Average monthly electricity bill for Princeton Electric Plant Board's residential customers

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Princeton Electric Plant Board Overview

  • Company Type:Municipal
  • Headquarters:304 East Legion Drive
    Princeton, Kentucky 42445
    United States of America
  • Director/Superintendent:Rumsey B. “Buz" Taylor III

Princeton Electric Plant Board Contact

Princeton Electric Plant Board Service

Energy provider of the year for Kentucky, Mid-Sized Provider Category
Lowest Energy Loss
Kentucky, Mid-Sized Provider Category
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Energy provider of the year for Kentucky, Major Provider Category
Lowest Energy Loss
Kentucky, Major Provider Category
Claim Award
Energy provider of the year for Kentucky, Major Provider Category
Top 3 Lowest Energy Loss
Kentucky, Major Provider Category
Claim Award

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Princeton Electric Plant Board Coverage Map

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Princeton Electric Plant Board State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Kentucky3,67210,580,648.8646100%

Princeton Electric Plant Board County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Caldwell County12,641413.20$148.40/mo

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Princeton Electric Plant Board FAQ:

What is the average bundled bill for Princeton Electric Plant Board customers each month?

The average monthly bundled electric bill for customers of Princeton Electric Plant Board is $110.58. The state average bundled bill is $126.96 and the national average is $126.96.

Who is the CEO of Princeton Electric Plant Board?

The current CEO of Princeton Electric Plant Board is Rumsey B. “Buz" Taylor III.

What is the phone number for Princeton Electric Plant Board?

You can reach Princeton Electric Plant Board by phone via (270) 365-2031.

What is the average bundled electricity rate for Princeton Electric Plant Board customers?

The average bundled rate of electricity for consumers of Princeton Electric Plant Board is 12.35 cents per kilowatt hour (¢/kWh).

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2022-08-01