Covington Electricity Rates

Commercial electricity rates in Covington

• Commercial Electricity in Covington
• • The average commercial electricity rate in Covington is 8.74¢/kWh.^[1]
  • This average (commercial) electricity rate in Covington is 4.38% less than the Indiana average rate of 9.14¢/kWh.^[2]
  • The average (commercial) electricity rate in Covington is 13.38% less than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.^[2]

Residential electricity rates in Covington

• Residential Electricity in Covington
• • The average residential electricity rate in Covington is 9.53¢/kWh.^[1]
  • This average (residential) electricity rate in Covington is 9.5% less than the Indiana average rate of 10.53¢/kWh.^[2]
  • The average (residential) electricity rate in Covington is 19.78% less than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.^[2]

Industrial electricity rates in Covington

• Industrial Electricity in Covington
• • The average industrial electricity rate in Covington is 8.9¢/kWh.^[1]
  • This average (industrial) electricity rate in Covington is 40.38% greater than the Indiana average rate of 6.34¢/kWh.^[2]
  • The average (industrial) electricity rate in Covington is 33.43% greater than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.^[2]

Commercial electricity in Indiana

• Commercial electricity rates in IN ^[3]
• • The average commercial electricity rate in Indiana is 9.14¢/kWh, which ranks 29th in the nation and is 9.42% less than the national average rate of 10.09¢/kWh.[3]
• Commercial electricity consumption in IN ^[3]
• • Commercial electricity consumption in Indiana averages 5,812 kWh/month, which ranks 24th in the nation and is 6.83% less than the national average of 6,238 kWh/month.
• Commercial electricity bills in IN ^[3]
• • The average monthly commercial electricity bill in Indiana is $531, which ranks 27th in the nation and is 15.58% less than the national average of $629.
• Learn more about commercial electricity in Indiana

Residential electricity in Indiana

• Residential electricity rates in Indiana ^[3]
• • The average residential electricity rate in Indiana is 10.53¢/kWh, which ranks 34th in the nation and is 11.36% less than the national average rate of 11.88¢/kWh.
• Residential electricity consumption in IN ^[3]
• • Residential electricity consumption in Indiana averages 997 kWh/month, which ranks 22nd in the nation and is 10.41% greater than the national average of 903 kWh/month.
• Residential electricity bills in IN ^[3]
• • The average monthly residential electricity bill in Indiana is $105, which ranks 27th in the nation and is 1.87% less than the national average of $107 per month.
• Learn more about residential electricity in Indiana

Industrial electricity in Indiana

• Industrial electricity rates in Indiana ^[3]
• • The average industrial electricity rate in Indiana is 6.34¢/kWh, which ranks 29th in the nation and is 4.95% less than the national average rate of 6.67¢/kWh.
• Industrial electricity consumption in IN ^[3]
• • Industrial electricity consumption in Indiana averages 216,678 kWh/month, which ranks 15th in the nation and is 93.19% greater than the national average of 112,158 kWh/month.
• Industrial electricity bills in IN ^[3]
• • The average monthly industrial electricity bill in Indiana is $13,734, which ranks 17th in the nation and is 83.54% greater than the national average of $7,483.
• Learn more about industrial electricity in Indiana

Covington, IN Income Breakdown ^[4]

Income Summary for Covington, IN

• • Household income: The city of Covington has a median household income of $56,275, versus $62,843 for the U.S.^[4]
  • Compared to the U.S.: Median household income in Covington is approximately 10 percent less than the median income for the entire United States.^[4]
  • Poverty level: Approximately 9.4 percent of Covington households have incomes below poverty level.^[4]
  • Electric bills: The average residential electricity bill in Indiana is about $105/month, ranking 27th in the U.S. and 1.87% less than the national average of $107.^[5]

Income: Covington vs. Nation ^[4]