Covington, Tennessee Electric Utility: Rates and Coverage Area

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 11.28 cents per kilowatt hour. Luckily, this is 7.82% less than Tennessee's average rate of 12.24 cents. In 2022 Covington, Tennessee Electric Utility sold 234,732 megawatt hours to end users (known as retail sales). The electricity sourced was made up of megawatt hours purchased via wholesale channels. They purchased 241,054 wholesale megawatt hours. In 2022, the provider made a total of $23,047,500 from business activities relating to the sale and transfer of electricity. They had revenue of $22,720,000 from retail sales to end users.

The US average monthly residential power bill is $135.39, while the Covington, Tennessee Electric Utility average is 8.56% below at $123.8 per month. This is the 1541st lowest average monthly bill amount for a supplier in the United States. 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.

Energy Loss

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 2.37% of the electricity generation total. The state of Tennessee has an energy loss average of 2.75% and the countrywide average is 2.87%, giving Covington, Tennessee Electric Utility a rank of 259th best out of 3517 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 August and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.128/kWh$0.094/kWh$183.19/mo.$81.69/mo.
571st11.28¢Covington, Tennessee Electric Utility's Average residential price per kWh
1541st$123.8Average monthly electricity bill for Covington, Tennessee Electric Utility's residential customers

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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

Covington, Tennessee Electric Utility Service

  • States Served:
    • Tennessee
  • Counties Served:
    • Tipton County
  • Major Cities Served:

Energy Loss

Covington, Tennessee Electric Utility's energy loss due to business operations.

-2.37%

Total Energy Loss

5,723MWh

259 National Rank

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Covington, Tennessee Electric Utility Coverage Map

Coverage Map Placeholder

Covington, Tennessee Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Tennessee4,66121,824,652.9972100%

Covington, Tennessee Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Tipton County60,868212.48$168.39/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 11.28 cents per kilowatt hour (¢/kWh), compared to the average Tennessee bundled rate of 12.24 cents and the average nationwide rate of 15.73 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 $123.80. The state average bundled bill is $140.54 and the nationwide average is $140.54.

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Last Reviewed By: Ginalyn Gelera
Published: 2022-08-09