Princeton Electric Plant Board

Princeton Electric Plant Board supplies electricity in Princeton in Caldwell County, Kentucky. The most recent data reported by the company showed a total customer base of 3,839 customers. Exactly 60 of these are industrial customers, 861 are commercial customers and 2,918 are residential customers. Customers of Princeton Electric Plant Board are charged an average residential electricity rate of 11.78 cents per kilowatt hour, resulting in the provider ranking 39th out of 58 companies in the state and 1523rd out of 3510 in the country. In 2019 they sold 108,220 megawatt hours to end users (known as retail sales). The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. Their total revenue in 2019 was $12,800,000 and came through sales to retail electricity customers alone.

About Princeton Electric Plant Board

The average monthly residential electric bill for a customer of Princeton Electric Plant Board is $98.34 per month. Customers of the provider pay 18.21% less compared to other residents of the nation. Electricity production is not handled in house at the company, as they purchase electricity at wholesale rates from other suppliers and then resell to their end users.

Princeton Electric Plant Board Net Metering

Princeton Electric Plant Board is one of 38 electric companies in Kentucky who offer net metering to their customers. This is a positive for any consumer potentially installing personal solar panels, as net metering allows them to sell their excess kilowatt hours back into the grid.

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 May.

Historical Electric Rates:

Price Per kWHAverage Bill$0.149/kWh$0.118/kWh$149.09/mo.$98.34/mo.
1523rd11.78¢Princeton Electric Plant Board's Average residential price per kWh
1207th$98.34Average monthly electric bill for Princeton Electric Plant Board's residential customers

Princeton Electric Plant Board Overview

  • Company Type:Municipal
  • Headquarters:304 East Legion Drive
    Princeton, Kentucky 42445
    United States of America
  • CEO: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
Claim Award
Energy provider of the year for Kentucky, Mid-Sized Provider Category
Lowest Energy Loss
Kentucky, Mid-Sized Provider Category
Claim Award
Energy provider of the year for Kentucky, Mid-Sized Provider Category
Lowest Energy Loss
Kentucky, Mid-Sized Provider Category
Claim Award

Princeton Electric Plant Board Coverage Map

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Princeton Electric Plant Board State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
Kentucky3,83910,670,00047100%

Princeton Electric Plant Board County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Caldwell County12,747411.68$136.99/mo

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Princeton Electric Plant Board FAQ:

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

Customers of Princeton Electric Plant Board pay, on average, a monthly bill of $98.34.

Who is the CEO of Princeton Electric Plant Board?

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

What is the phone number for Princeton Electric Plant Board?

The Princeton Electric Plant Board phone number is (270) 365-2031.

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

Princeton Electric Plant Boards current average electricity rate is 11.78 cents per kilowatt hour (¢/kWh), compared to the average state rate of 11.07 cents and the average US rate of 13.45 cents.

Last Reviewed By: Alex Zdanov
Published: 2021-03-16Last Updated: 2021-08-25