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City of Princeton electricity rates

Municipal utility · Kentucky

Residential rate
12.53¢
per kWh incl. all charges
Avg. monthly bill
$303
2,415 kWh/month
vs. Kentucky
-10%
state avg 13.92¢
Homes served
3,802
9th cheapest of 54 in KY
Outage time
5 min
per customer, 2019

City of Princeton is a city-owned municipal utility, governed locally rather than by the state commission, serving 3,802 homes in Kentucky. Its residential customers pay an average of 12.53¢/kWh including fixed and delivery charges, 30% less than the U.S. average.

Rate basis: EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend. This utility files EIA's short form, which reports total sales only, so the rate covers all customer classes.

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City of Princeton bill estimates

Monthly useAt average all-in rateBase tariff charges*
500 kWh$62.65$59.17
1,000 kWh$125.30$108.67
1,500 kWh$187.95$158.17
2,000 kWh$250.60$207.66

*Residential (effective 2012-05-01, $9.68/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.

City of Princeton residential rate plans

PlanEffectiveCustomer chargeEnergy charges
Residential2012-05-01$9.68 9.90¢

Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.

City of Princeton rate history

City of Princeton annual average residential price 10¢11¢12¢13¢14¢ 20152017202020212022202320242025 2015: 13¢2017: 13¢2020: 11¢2021: 12¢2022: 12¢2023: 12¢2024: 12¢2025: 12¢
City of PrincetonKentucky avg

2015–2025: -8% change in the average residential rate (12.90¢ → 11.92¢). Annual EIA-861 data.

Outages & reliability

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Reliability history

2019City of PrincetonKentucky avgU.S. avg
Outage minutes per customer (SAIDI)5408266
Outages per customer (SAIFI)0.101.911.34
Average restoration time (CAIDI)55 min——
Outage minutes excluding major storms5172121
City of Princeton outage minutes per customer by year 2581013 20152016201720182019 2015: 122016: 112017: 72018: 42019: 5
With major eventsExcluding major events

Outages in counties served (2025)

From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across City of Princeton's counties, customers averaged 7 hr 16 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Caldwell436512,3142025-05-27

City of Princeton service area

City of Princeton serves Caldwell County in Kentucky.

Counties served by City of Princeton

Caldwell

Programs, smart meters & solar

Smart meters (AMI) for homes0%
Time-based rate programsNone reported
Net-metered solar homes0 reported

City of Princeton at a glance

OwnershipMunicipal utility
Services—
Retail revenue (2025)$13,129,000
Electricity sold (2025)110,173 MWh
Balancing authorityLGEE
EIA utility ID15386

Other utilities in Kentucky

Compare all Kentucky electric companies →

Frequently asked questions

What is City of Princeton's electricity rate?

City of Princeton residential customers pay an average of 12.53¢ per kWh, all charges included (EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend). That's 10% below the Kentucky average of 13.92¢ and 30% below the U.S. average.

What is the average City of Princeton electric bill?

About $303 a month. The average City of Princeton home uses 2,415 kWh a month. At 1,000 kWh the bill would be about $125.

How many customers does City of Princeton have?

City of Princeton serves 3,802 residential customers in Kentucky, across 1 county.

How reliable is City of Princeton?

In 2019, the average City of Princeton customer was without power for 5 min (SAIDI) over 0.10 interruptions (SAIFI), including major storms. Excluding major event days it was 5 min. The Kentucky average was 6 hr 48 min and the U.S. average 4 hr 26 min.

Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with City of Princeton before making decisions.