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. 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:

Price Per kWhAverage Bill$0.112/kWh$0.108/kWh$100.95/mo.$94.47/mo.
681st11.23¢Covington, Indiana Electric Utility's Average residential price per kWh
850th$100.95Average 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

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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
    Indiana1,6512,762,00086100%

    Covington, Indiana Electric Utility County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Fountain County16,422514.74$146.39/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 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.

    Alex Zdanov
    Last Reviewed By: Alex Zdanov
    Published: 2022-08-01