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
$722highestFebruary
$573March
$280April
$246May
$239lowestJune
$239lowestJuly
$286August
$242September
$240October
$255November
$307December
$589Carbon Emissions
645 lbs CO₂
Monthly Usage
1,518 kWh
Princeton's energy comes from Nuclear, Natural Gas, Solar, and Petroleum. Nuclear is the largest source of electricity, providing 53% of Princeton's energy. Natural Gas is the second largest source, making up 36%. Solar provides 7% of the energy in Princeton. Petroleum provides 4% of the energy in Princeton.
53%
Nuclear
36%
Natural Gas
7%
Solar
4%
Petroleum
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 |
| RESIDENTIAL HEATING SERVICE | Fixed | 4¢ to 11¢ |
| RESIDENTIAL SERVICE | Fixed | 6¢ to 10¢ |
| RESIDENTIAL SERVICE Time of Use | TOU | 3¢ to 22¢ |
| RESIDENTIAL LOAD MANAGEMENT SERVICE | TOU | 4¢ to 13¢ |
| WATER HEATING STORAGE SERVICE | Fixed | 2¢ |
The price to compare for PSEG is 13.26¢. Rates are based on an estimated usage of 1,518 kWh per month.Update usage.
| Provider | Plan | Rate Per kWh | Plan Length | ||
|---|---|---|---|---|---|
| Spark Energy | Secure 12 cheapestcheapest 12 months | 18.89¢ | 12 months | Choose Plan | |
| Verde Energy | Clean Power 12 cheapest renewablemost popular | 20.99¢ | 12 months | Choose Plan | |
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