The Princeton Electric Plant Board is a community-owned enterprise providing electric services to the Princeton area. We are committed to improving the economic and environmental quality of the community in partnership with our customers, providing reliable electric power at the lowest rates achievable through innovation, efficiency, and professional operations.

Municipal electrics in Kentucky do not set their own rates. Many electric customers do not realize this simple fact.

In Princeton, Kentucky, TVA regulates rates.

It is true, the municipal’s manager and board of directors determine when the municipal needs a rate increase, and how much is needed. TVA, after hours of audits, reviews, and research, officially makes its decision and approves only what it deems to be absolutely necessary.

Rate increases are a serious matter. Your municipal’s board of directors and managers study all financial options carefully before submitting a request to TVA for approval.

Princeton EPB has asked for rate increases only when absolutely necessary. Your PEPB is conscious of how higher rates affect its customers and only request an amount it believes it must have to provide dependable service and still remain financially sound.

PEPB’s current rates can be viewed on our website at www.pepb.org

A Board of Directors, composed of five customers, governs Princeton EPB.  Directors are appointed by Princeton City Council.  They are elected to serve four-year terms.  Those presently serving as directors are:

Rick Williams, Chairman
Mike Schelb, Vice Chairman
Buz Taylor, Secretary
Jim Joiner, Director
Ellen Franklin, Director

Customers of Princeton EPB (PEPB) receiving electric service pay a school tax of 3% on their electric usages.

Commercial customers pay an additional 6% sales tax. PEPB pays 5% in lieu of taxes to TVA.