WattBuy’s Guide toElectricity in
Electricity in
Princeton
New Jersey
New Jersey
Here's the average monthly bill, usage, and carbon footprint of residents in Princeton
January
$287highestFebruary
$133March
$125April
$164May
$163June
$174July
$197August
$173September
$161October
$161November
$122December
$114lowestCarbon Emissions
383 lbs CO₂
Monthly Usage
849 kWh
Princeton's energy comes from Nuclear, Natural Gas, and Solar. Nuclear is the largest source of electricity, providing 49% of Princeton's energy. Natural Gas is the second largest source, making up 42%. Solar provides 9% of the energy in Princeton.
49%
Nuclear
42%
Natural Gas
9%
Solar
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
715 kWh
Energy generated by average sized system
$16,407
Average system cost
(after federal incentive)
9 years
Payback period
Net metering policies in Princeton can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
There are a variety of electricity plans available to residents of Princeton. The following companies provide electricity plans in the city:
PSEG has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| RHS - Residential Heating Service | Fixed | 3¢ to 7¢ |
| RLM - Residential Load Management (TOU) | TOU | 10¢ to 33¢ |
| WHS - Water Heating Storage Service (CLOSED Rate) | Fixed | 1¢ |
| RS - Residential Service | Fixed | 5¢ to 6¢ |
| RS - Residential Service | Fixed | 19¢ to 21¢ |
| RHS - Residential Heating Service | Fixed | 15¢ to 20¢ |
| RLM - Residential Load Management (TOU) | TOU | 3¢ to 10¢ |
| WHS - Water Heating Storage Service (CLOSED Rate) | Fixed | 1¢ to 7¢ |
The price to compare for PSEG is 9.34¢. Rates are based on an estimated usage of 849 kWh per month.Update usage.
| Provider | Plan | Rate Per kWh | Plan Length | ||
|---|---|---|---|---|---|
| Verde Energy | Clean Power 12 cheapestcheapest renewablecheapest 12 months | 15.79¢ | 12 months | Choose Plan | |
| Constellation Energy | 12 Month Home Power Plan | 16.49¢ | 12 months | Choose Plan | |
| Direct Energy | Live Brighter 8 cheapest <12 months | 16.99¢ | 8 months | Choose Plan | |
| Direct Energy | Live Brighter 12 | 17.69¢ | 12 months | Choose Plan | |
| Constellation Energy | 24 Month Home Power Plan cheapest 13+ months | 17.99¢ | 24 months | Choose Plan | |
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