Electricity companies in Princeton are competing daily to offer you the cheapest electricity rate. Vault Electricity is your guide to sorting through the hype, and the confusing offers to find an electricity plan that will save you money.
Since the early days of deregulation, Vault electricity has helped Texans navigate the tricky waters of the Texas electricity market. Here you will find the electric plans available to you from the most trusted energy providers that offer service to homes and businesses in Princeton.
Over one million Texas consumers have used our simple and easy to navigate electricity rate comparison tool to find the cheapest electricity rate available to them.
If you are new to Princeton or you have questions about how to make the right choice of energy plans, read on for your crash course in Texas electricity. If you are here to just find your next electricity plan and enroll in minutes, simply enter your zip code above and see your options.
Select the one that works best for you and you could be enrolled with your new light company in minutes.
Featured Electricity Rates In Princeton, Texas
Top Princeton Electricity Plans From Each Provider
|Gexa||Saver Supreme 16||8.6¢/kWh|
|4Change Energy||Maxx Saver 12||7.9¢/kWh|
|Cirro Energy||Smart Value 12 Online||10.2¢/kWh|
|4Change Energy||Budget Saver 12||8.9¢/kWh|
|Pennywise Power||Wise Buy 12||12.7¢/kWh|
|Direct Energy||Veteran & Active Military 12||12.7¢/kWh|
|First Choice Power||You Got This 24||12.3¢/kWh|
|TXU||Savers Discount 12||16.0¢/kWh|
|Direct Energy||Live Brighter 12||12.7¢/kWh|
|Green Mountain Energy||Pollution Free e-Plus 24 Preferred||14.2¢/kWh|
|Champion||Champ Saver 12||13.7¢/kWh|
|Reliant||Reliant Clear Flex||14.2¢/kWh|
|Gexa||Saver Supreme 36||8.2¢/kWh|
For a more detailed realtime rate comparison enter your zip code at the top of the page. Our rate comparison tool lets you see all providers and rates. You can filter by term length, usage level, green energy plans, no deposit plans and get you them most up to date pricing. The rates listed above are for the 1,000 kWh usage level. More Information on any of these plans >>>
What to Do If Your Electricity Plan Is About to End
If you haven’t looked around for a better deal in a while, in a while there is a good chance you are currently not in a contract. If that is the case, most likely, you are paying way more than you should be paying for electricity. Providers will move customers to month to month plans once their previous plan expires without a new on in place. These monthly rates are almost always more expensive than what you would pay if you were in a contract – sometimes by a large margin.
If you are under a contract right now, you should begin looking at rates on other plans as early as 60 days before the contract term ends. Most electric companies will allow you to select a start date that is up to 60 in advance. This allows you to lock a great rate if you find one well in advance of the expiration of your current plan.
If for whatever reason you let the contract end without finding a new contract you need to shop for a plan with a better rate than you are paying. There is a very good change you can find one. Your current provider might have a plan that offers a better rate than you are currently paying. But most likely, you will find the cheapest rate by switching to a new provider who is eager to win your business.
How Does Princeton Electricity Obtain Its Power
Many sources of power contribute to the electricity grid that serves Princeton. The Texas electricity grid is separate and apart from the rest of the mainland United States electricity infrastructure.
Most of the electric energy produced in Texas comes from natural gas. Coal has historically also been an important source of fuel for Texas power plants. However, the contribution of coal to the Texas electricity grid has been on the decline for a number of years because of environmental and economic reasons.
Renewable energy resources in Princeton continue to grow. Texas has more wind power than any other state in the U.S. Wind generated electricity can now account for more of the power in the grid than any other single source on mild windy days in Texas. This makes Texas an unlikely leader in green energy production.
Most electric companies in Princeton, TX now offer at least one 100% renewable energy electricity plan. As the price of both wind power and solar power continues to fall, the rates on these energy plans can are quite competitive. On occasion, you will find green energy plans that are cheaper than plans that feature electricity generated from traditional sources.
Moving to Princeton, Texas?
The city of Princetown has a population of about 10,200 people. It recently placed 66th on the top safest cities in the state of Texas. Unemployment is very low in the community at 3.6% last checked (the national average is, according to November 2018 stats, currently 3.7% ). The cost of living is a little bit higher than the national average due to housing, utilities, and transportation expenses. The average commute time is ten minutes longer than the average of 26.
On the map, McKinney is 8 miles away, Plano is about 17 miles away, and Dallas is 31 miles from Princeton. And tornado incidence is much higher than the national average.
About 87% of people over the age of 25 get their high school diploma. And for higher learning, almost 18% go on to get an undergraduate degree or higher after high school. The most common concentrations for study in college is in General Studies, Registered Nursing, and various Multidisciplinary Studies. The University of Texas at Arlington is the biggest institution for citizens of Princeton.
Many common jobs for residents of Princeton include Management positions, Education positions, Administration, Production, Manufacturing, and Sales related positions.
What Is the Cheapest Electricity Provider in Princeton?
Today’s cheapest electricity provider in Princeton is probably not going to be next week’s cheapest electricity provider. The Texas energy market is dynamic. Rates change often, and there is no one provider that can claim to be the cheapest all the time.
What’s important is finding who has the best electricity rates today in your area. When you know that, you can pick a plan that fits your needs and lock in a contract with the best rate available.
When your contract term is up, it’s likely that someone else will have a better rate than the renewal rate being offered by your current provider.
The whole purpose of a power to choose energy market is to allow consumers to keep the pressure on the electric companies to keep electricity rates low. But this only works if consumers are willing to hold the electricity providers accountable and switch when they have a better offer.
TNMP Contact Information:
For power outages in Princeton Texas, please call TNMP at 1-800-866-7456. To have underground lines located prior to digging in Princeton Texas, call 1-800-344-8377.
Smart Meter Information:
For information on the smart meter program in Princeton Texas, click here.