Covington, Tennessee Electric Utility
Electricity Rates, Plans & Statistics
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About Covington, Tennessee Electric Utility
Covington, Tennessee Electric Utility is a municipally owned entity supplying electricity in Covington, Tennessee and rural areas of Tipton County. On average, Covington, Tennessee Electric Utility bills their patrons a residential electricity rate of 11.75 cents per kilowatt hour. Luckily, this is 8.16% less than Tennessee's average rate of 12.80 cents. In 2023 Covington, Tennessee Electric Utility sold 222,278 megawatt hours to end users (known as retail sales). The electricity sourced was made up of megawatt hours purchased via wholesale channels. They purchased 228,256 wholesale megawatt hours. In 2023, the provider made a total of $21,155,300 from business activities relating to the sale and transfer of electricity. They had revenue of $20,797,000 from retail sales to end users.
The national average monthly residential power bill is $143.38, while the Covington, Tennessee Electric Utility average is 3.69% more at $148.66 per month. Covington, Tennessee Electric Utility ranks 1846th in the US for average monthly bill amount. The company does not have ownership in any electricity production facilities and all of the megawatt hours that they sell to their consumers must be purchased wholesale from other companies.
Electricity providers routinely submit reports for energy lost through heat dissipation and other causes to government agencies who track infrastructure efficiencies. Covington, Tennessee Electric Utility recently reported a loss of 2.39% of the electricity generation total. The state of Tennessee has an energy loss average of 2.01% and the countrywide average is 2.43%, giving Covington, Tennessee Electric Utility a rank of 365th best out of 3530 providers who report energy loss in the United States.
Covington, Tennessee Electric Utility Rate & Electric Bills
Covington, Tennessee Electric Utility residential electric rates are highest in May and the highest average bill is in July.
Historical Electricity Rates:
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Covington, Tennessee Electric Utility Overview
- Company Type:Municipal
- Headquarters:1469 South Main Street
Covington, Tennessee 38019
United States of America
Covington, Tennessee Electric Utility Contact
- Website:covingtones.com
- Customer Service Phone:(901) 476-7104
- Contact Page:covingtones.com
- Social Media:
Covington, Tennessee Electric Utility Service
- Rates & Plans:covingtones.com
- States Served:
- Tennessee
- Counties Served:
- Tipton County
- Major Cities Served:
Energy Loss
Covington, Tennessee Electric Utility's energy loss due to business operations.
Total Energy Loss
5,455MWh
365 National Rank
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Covington, Tennessee Electric Utility Coverage Map
Covington, Tennessee Electric Utility State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Tennessee | 4,359 | 23,124,396.65 | 72 | 100% |
Covington, Tennessee Electric Utility County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Tipton County | 60,868 | 2 | 13.17 | $171.73/mo |
Covington, Tennessee Electric Utility Reviews
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Covington, Tennessee Electric Utility FAQ:
What is the average bundled electricity rate for Covington, Tennessee Electric Utility customers?
Covington, Tennessee Electric Utility's current average bundled electricity rate is 11.75 cents per kilowatt hour (¢/kWh), compared to the average Tennessee bundled rate of 12.80 cents and the average nationwide rate of 16.22 cents.
What is the phone number for Covington, Tennessee Electric Utility?
The Covington, Tennessee Electric Utility phone number is (901) 476-7104.
What is the average bundled bill for Covington, Tennessee Electric Utility customers each month?
The average monthly bundled electric bill for customers of Covington, Tennessee Electric Utility is $148.66. The state average bundled bill is $154.84 and the nationwide average is $154.84.
