WattBuy’s Guide to

Electricity in
Princeton

New Jersey

Header Graphic

The State of Electricity in Princeton

Here's the average monthly bill, usage, and carbon footprint of residents in Princeton

Average monthly bill

January

$162

February

$144

March

$144

April

$126

May

$124lowest

June

$174

July

$298highest

August

$226

September

$158

October

$128

November

$136

December

$162

Carbon Emissions

420 lbs CO₂

Monthly Usage

940 kWh

Where does Princeton’s electricity come from?

Princeton's energy comes from Natural Gas, Nuclear, and Solar. Natural Gas is the largest source of electricity, providing 56% of Princeton's energy. Nuclear is the second largest source, making up 36%. Solar provides 8% of the energy in Princeton.

56%

Natural Gas

36%

Nuclear

8%

Solar

Solar energy in Princeton

The state of solar in Princeton

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

Learn More about solar
Net Metering Available

Get paid for the extra solar you produce

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.

Electricity Providers in Princeton

There are a variety of electricity plans available to residents of Princeton. The following companies provide electricity plans in the city:

Utilities in Princeton

PSEG

PSEG Rates

PSEG has several different electricity rates for residential customers, as shown in the table below.

Rate NameRate TypeCost Per kWh
RLM - Residential Load Management (TOU)TOU3¢ to 10¢
WHS - Water Heating Storage Service (CLOSED Rate)Fixed
RHS - Residential Heating ServiceFixed15¢ to 20¢
RS - Residential ServiceFixed19¢ to 21¢
RLM - Residential Load Management (TOU)TOU10¢ to 33¢
RS - Residential ServiceFixed5¢ to 6¢
RHS - Residential Heating ServiceFixed3¢ to 7¢
WHS - Water Heating Storage Service (CLOSED Rate)Fixed1¢ to 7¢

PSEG Electricity Plans in Princeton

The price to compare for PSEG is 8.05¢. Rates are based on an estimated usage of 940 kWh per month.Update usage.

ProviderPlanRate Per kWhPlan Length
Verde Energy

Clean Power 12

cheapestcheapest renewablecheapest 12 months
See Details
14.29¢12 monthsChoose Plan
Constellation Energy

18 Month Home Power Plan

cheapest 13+ months
15.59¢18 monthsChoose Plan
Direct Energy

Term Optimized Live Brighter 9

cheapest <12 months
15.59¢9 monthsChoose Plan
Direct Energy

Live Brighter™ 12

16.09¢12 monthsChoose Plan
Direct Energy

Live Brighter™ 18

16.29¢18 monthsChoose Plan
SHOW ALL PLANS

Learn About Electricity in Other Cities in New Jersey

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