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. Recently filed reports by the company showed a total customer count of 1,651 accounts, 1,413 of which are residential properties, 157 are commercial customers and 81 are industrial properties. On average, Covington, Indiana Electric Utility's patrons purchase residential electricity for 11.23 cents per kilowatt hour. This is 25.16% lower than Indiana's average rate of 15.01 cents, which ranks the supplier 27th out of 118 suppliers in Indiana for lowest average electricity rate. Around 24,316 megawatt hours were sold by the supplier to retail end users in 2019. Of the megawatt hours they sourced, 26,336 megawatt hours were acquired on the wholesale electricity market. In 2019 the supplier had total electricity related revenue of $2,828,000, with 92.43% coming from retail sales.
The Indiana average monthly residential electric bill is $131.96, while the Covington, Indiana Electric Utility average is 23.28% less at $100.95 per month. This is the 36th lowest average monthly bill amount for a supplier in Indiana. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates and then resell it to end users.
Covington, Indiana Electric Utility Rate & Electric Bills
Covington, Indiana Electric Utility residential electric rates are highest in January and the highest average bill is in April.
Historical Electricity Rates:
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Covington, Indiana Electric Utility Overview
- Company Type:Municipal
- Headquarters:329 Washington Street
Covington, Indiana 47932
United States of America - Director/Superintendent:Linda Knecht
Covington, Indiana Electric Utility Contact
- Website:www.covingtonin.net
- Customer Service Phone:(765) 585-0660
- Contact Page:www.covingtonin.net
- Social Media:
Covington, Indiana Electric Utility Service
- States Served:
- Indiana
- Counties Served:
- Fountain County
- Major Cities Served:
- Table Of Contents:
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Covington, Indiana Electric Utility Coverage Map
Covington, Indiana Electric Utility State Coverage
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Indiana | 1,651 | 2,762,000 | 86 | 100% |
Covington, Indiana Electric Utility County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Fountain County | 16,422 | 5 | 14.74 | $146.39/mo |
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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 11.23 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 $100.95. The state average bundled bill is $131.96 and the United States average is $131.96.
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.