Electricity Rates in Covington, TN

Residents of Covington, TN benefit from relatively low electricity rates, averaging 12.0¢/kWh — 32.5% below the national average. The city is served by 4 electricity providers, with City of Covington - (TN) being the largest.

Avg. Residential Rate 12.0¢/kWh
vs. Tennessee Avg. -7.7%
vs. National Avg. -32.5%
Providers 4

Electricity Providers in Covington

Utility Residential Rate Commercial Rate Type
City of Covington - (TN) 11.0¢/kWh 11.0¢/kWh Municipal
Entergy Arkansas LLC 12.0¢/kWh 18.0¢/kWh Investor Owned
Southwest Tennessee E M C 13.0¢/kWh 14.0¢/kWh Cooperative
Tennessee Valley Authority N/A 7.0¢/kWh Federal

Estimated Monthly Electric Bill

Based on the average residential rate of 12.0¢/kWh and typical US household usage of 886 kWh/month:

Covington monthly bill $106.32
Covington annual cost $1275.84
Tennessee avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Covington

At 12.0¢/kWh, a typical Covington household spends approximately $1275.84/year on electricity. Solar panels could reduce this by 50–90%.

$957/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Covington

Charging an electric vehicle at home in Covington costs approximately $108.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Covington, TN?

The average residential electricity rate in Covington, TN is 12.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $106.32 for a typical household.

Who provides electricity in Covington?

Covington is served by 4 electricity providers. City of Covington - (TN) is the largest provider in the area, though rates and availability vary by specific address.

How do Covington electricity rates compare to the rest of Tennessee?

Covington's average rate of 12.0¢/kWh is 7.7% below the Tennessee state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.