Covington, Indiana Electric Utility: Rates and Coverage Area

Covington, Indiana Electric Utility

Electricity Rates, Plans & Statistics

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About Covington, Indiana Electric Utility

Covington, Indiana Electric Utility is a municipally owned entity providing electricity in Covington, Indiana. On average, Covington, Indiana Electric Utility charges their patrons a residential electricity rate of 14.46 cents per kilowatt hour, which is 4.91% lower than the average state rate of 15.20 cents. There were a total of 24,316 megawatt hours sold to retail consumers in 2019 by the supplier. The electricity sourced by Covington, Indiana Electric Utility is made up primarily of megawatt hours they procured via the wholesale market. Of the electricity sourced by the company, whole purchased made up 100.00%. In 2019, the provider had revenue of $2,614,000 from retail electricity sales.

The Indiana average monthly residential electric bill is $140.04, while the Covington, Indiana Electric Utility average is 8.86% higher at $152.74 per month. Covington, Indiana Electric Utility ranks 63rd in the state for average monthly bill amount. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it to end users.

Covington, Indiana Electric Utility Rate & Electric Bills

Covington, Indiana Electric Utility residential electric rates are highest in May and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.155/kWh$0.097/kWh$190.87/mo.$73.78/mo.
1713th14.46¢Covington, Indiana Electric Utility's Average residential price per kWh
1938th$152.74Average monthly electricity bill for Covington, Indiana Electric Utility's residential customers

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Covington, Indiana Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:329 Washington Street
    Covington, Indiana 47932
    United States of America
  • Director/Superintendent:Linda Knecht

Covington, Indiana Electric Utility Contact

Covington, Indiana Electric Utility Service

    • States Served:
      • Indiana
    • Counties Served:
      • Fountain County
    • Major Cities Served:

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    Covington, Indiana Electric Utility Coverage Map

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    Covington, Indiana Electric Utility State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Indiana1,5723,751,353.7986100%

    Covington, Indiana Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Fountain County16,422515.91$171.54/mo

    Covington, Indiana Electric Utility Reviews

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    Covington, Indiana Electric Utility FAQ:

    What is the average bundled electricity rate for Covington, Indiana Electric Utility customers?

    Consumers of Covington, Indiana Electric Utility, on average, have an electricity bundled rate 14.46 cents per kilowatt hour (¢/kWh).

    How much is the average bundled bill for Covington, Indiana Electric Utility customers each month?

    The average monthly bundled electric bill for customers of Covington, Indiana Electric Utility is $152.74. The state average bundled bill is $140.04 and the United States average is $140.04.

    Who is the CEO of Covington, Indiana Electric Utility?

    Covington, Indiana Electric Utility's CEO is Linda Knecht.

    What is the phone number for Covington, Indiana Electric Utility?

    You can reach Covington, Indiana Electric Utility by phone via (765) 585-0660.

    Matt Hope
    Last Reviewed By: Matt Hope
    Published: 2022-08-01