Princeton Municipal Light Department

About Princeton Municipal Light Department

The average residential electricity rate for patrons of Princeton Municipal Light Department is around 27.45 cents per kilowatt hour, which is 0.18% more than the average state price of 27.40 cents and 69.25% more than the national average of 16.22. Approximately 13,936 megawatt hours were sold by the provider to retail end users in 2019 and 3,681 megawatt hours were sold to other providers via the wholesale market. During the same timeframe, Princeton Municipal Light Department generated 3,681 megawatt hours and purchased 15,805 megawatt hours by way of wholesale electricity channels. Their total revenue for 2019 from electricity activities was $4,397,000, with $3,662,000 coming from retail sales to end users and $157,000 from wholesale electricity sales.

The national average monthly residential power bill is $143.38, while the Princeton Municipal Light Department average is 41.12% higher at $202.34 per month. Princeton Municipal Light Department is the 2711th ranked supplier in the country for average monthly bill amount. Princeton Municipal Light Department produces 2,763 megawatt hours from their generation plants, which ranks them as the 584th largest generator of electricity out of 3530 electricity suppliers in the United States. The supplier currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices and then resell it at a higher rate to end consumers. Princeton Municipal Light Department is the 2463rd largest supplier out of 3530 suppliers in the United States based on total megawatt hours sold.