Electricity Rates in Covington, TX
Residents of Covington, TX benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. HILCO Electric Cooperative, Inc. serves the area.
Electricity Providers in Covington
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| HILCO Electric Cooperative, Inc. | 15.0¢/kWh | 15.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Covington
At 15.0¢/kWh, a typical Covington household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.
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 $135.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Texas
Frequently Asked Questions
What is the average electricity rate in Covington, TX?
The average residential electricity rate in Covington, TX is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Covington?
Covington is served by 1 electricity provider. HILCO Electric Cooperative, Inc. is the largest provider in the area.
How do Covington electricity rates compare to the rest of Texas?
Covington's average rate of 15.0¢/kWh is 15.4% above the Texas state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.