Princeton Electric

About Princeton Electric

Princeton Electric supplies electricity in Bureau County, Illinois. There are 4,552 customers receiving service from the supplier. These customers are made up of 83.48% residential properties, 15.27% commercial locations and 1.25% industrial accounts. Princeton Electric has an average residential electricity price of 13.42 cents per kilowatt hour, which is, luckily for their patrons, 14.19% lower than the average national price of 15.64 cents. The supplier had total sales and disposition of 106,716 megawatt hours in 2019, of which 96,242 megawatt hours were from sales to end users. The electricity sourced by the company is made up of multiple sources of megawatt hours including 529 megawatt hours produced at power facilities owned by the company and 106,187 megawatt hours purchased via wholesale channels. In 2019, they made a total of $10,309,000 from business activities relating to the sale and transfer of electricity. They had revenue of $10,200,000 from retail sales to end users.

Consumers of the supplier pay an average residential electricity bill of $87.91. This is 33.75% less than the United States average of $132.69. Princeton Electric generates 459 megawatt hours from their electricity plants, which ranks them as the 68th highest producer of electricity in the state out of 113 electricity suppliers. The supplier's generating facilities have output of 458.47 megawatt hours from natural gas. This amount ranks them as the 31st highest company in Illinois out of 113 suppliers for total natural gas generation. With 459 megawatt hours produced from non-renewable fuel sources, Princeton Electric is the 37th largest producer of megawatt hours from non-renewable fuels out of 113 companies in the state