Princeton Electric

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Princeton Electric Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.112/kWh$0.106/kWh$76.90/mo.$67.94/mo.
1033rd11.22¢Princeton Electric's Average residential price per kWh
244th$72.9Average monthly electricity bill for Princeton Electric's residential customers

About Princeton Electric

Princeton Electric supplies electricity in Bureau County, Illinois. There are 4,557 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 11.22 cents per kilowatt hour, which is, luckily for their patrons, 17.94% lower than the average national price of 13.67 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 $72.9. This is 39.74% less than the United States average of $120.98. Princeton Electric generates 1,357 megawatt hours from their electricity plants, which ranks them as the 63rd highest producer of electricity in the state out of 115 electricity suppliers. The supplier's generating facilities have output of 1,350.5 megawatt hours from natural gas. This amount ranks them as the 30th highest company in Illinois out of 115 suppliers for total natural gas generation. With 1,357 megawatt hours produced from non-renewable fuel sources, Princeton Electric is the 35th largest producer of megawatt hours from non-renewable fuels out of 115 companies in the state

Princeton Electric Overview

  • Company Type:Municipal
  • Headquarters:3 North Main Street
    Princeton, Illinois 61356
    United States of America
  • Director/Superintendent:Jeff Mangrich

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Quick Facts About Princeton Electric

By customer count, Princeton Electric is the 46th largest supplier out of 115 providers in the state.

Princeton Electric Energy Makeup

Princeton Electric Coverage Map

Coverage Map Placeholder

Princeton Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Illinois4,5579,879,00046100%

Princeton Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bureau County33,2445514.18$96.70/mo

Power Plants Owned by Princeton Electric

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Princeton IL Natural Gas 1,357116,156,658.3285,598.13

Princeton Electric Fuel Makeup

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
99.52%
DISTILLATE FUEL OIL
Distillate Fuel Oil
0.48%

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Princeton Electric FAQ:

What percentage of Princeton Electric's electricity is produced using nonrenewable fuel sources?

Princeton Electric generates 100.00% of their electricity from nonrenewable fuel sources.

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

Consumers of Princeton Electric pay, on average, a monthly bundled bill of $72.90.

Who is the CEO of Princeton Electric?

The current CEO of Princeton Electric is Jeff Mangrich.

What percentage of Princeton Electric's electricity is produced from renewable fuel types?

Power facilities owned by or associated with Princeton Electric produce 0% of their electricity using renewable fuel types.

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

Princeton Electric's current average bundled electricity rate is 11.22 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 13.34 cents and the average US rate of 13.67 cents.

How many power plants are owned by or associated with Princeton Electric?

There is one power plant owned by or associated with Princeton Electric.

What is the phone number for Princeton Electric?

Princeton Electric's customer service phone number is (815) 875-2631

Last Reviewed By: Matt Hope
Published: 2022-08-01