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Your insider’s guide to finding the best electricity rates and energy plans in Covington
Whether you are a business owner, new resident or long-time citizen of Covington, this comprehensive guide will enable you to find your best solution for an electricity plan.
Covington electricity rates
You can choose your household’s electric company in Covington.
ComparePower is a free consumer service started in 2009 to help residents of Covington shop for their best electricity plan.
These official rates are the identical rates you’ll find contacting the electricity providers or visiting their websites.
Plans from many different electricity companies are presented in a standardized format that makes comparing your options simple and fast.
This assures Texas energy customers avoid hidden charges and advertising gimmicks by comparing plans “apples-to-apples” without consuming hours making phone calls or clicking around on dozens of different websites.
54 Covington Electric Rates
These live rates for TEXAS-NEW MEXICO POWER COMPANY service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity price trends in Covington
Electricity in Covington has been deregulated. As an energy consumer, you can choose a retail electricity provider (your electricity provider), which gives you insight and control over your energy bills.
Deregulation of electricity in Texas de-monopolized the electricity market for most of the state, the city of Covington included, which introduced massive competition.
As a result, many excellent power companies compete for your business in Covington by offering low prices, making it a great time to compare, switch, and lower costs on your electricity bill.
As many as 100+ retail electricity providers compete for your business in Covington, and hundreds of plans are available.
Average electricity rates in Covington
Updated June 2023
The average residential electricity rate in Texas is 14.46 ¢/kWh, 8.78% less than the U.S. average.
Got me the cheapest electric. Nice.Emily (TX, United States)
How to find the best energy plan in Covington
#1 rule: Determine what your usage is!
Discovering how much energy you will consume monthly is the best way to shop for electricity in Covington. Why does this matter?
The rate you see electricity providers advertising is for an exact monthly usage (usually 1000 kWh).
Every plan has a different equation for how your monthly statement is determined, and your monthly bill will vary depending on how much power you consume in a month.
Unless you use exactly the advertised amount each month, you will end up paying a “price per kWh” different than the one you saw advertised when you signed up.
Thankfully, there’s a better way to choose your power rate.
Calculating your total monthly bill based on expected monthly usage, then comparing plans by the total monthly bill is the best way to shop for the best rate for you.
Even better, if you have a year of usage history for your home, you can compare plans by total annual cost. This annualized method considers the changes in usage between the summer and winter months and is the ideal way to determine the right electricity rate plan for your home.
ComparePower does all the complicated math for you in an instant. What could take you hours inside a spreadsheet is now solved quickly.
We put you in the driver’s seat, taking what would amount to hours of investigation, spreadsheets, and calculations across hundreds of plans and assisting you step-by-step with the energy rate plan that’s best for your home’s usage.
We clarify the details, disclosing all fees, so you’ll know precisely where your money is going and what to expect on your monthly bill.
We then help you sign up with your chosen energy company without ever having to leave our website.
The bottom line is you must understand your expected or historical usage before selecting the right energy plan for your home.
If you don’t know your usage, estimate
If you cannot acquire 12 months of historical usage, or you’re the owner of a brand new home, the next best thing is to estimate how much energy you will use in an average month.
While not as optimal as having all the previous 12 months of usage, estimating your average usage is better than blindly picking the first plan you see advertised by an energy company at a specific usage that isn’t what you’ll consume.
Use ComparePower to find the best energy plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Covington: Setting up electricity
If this is your first time setting up electricity service in Covington, to get the best rate, you need to get the previous 12 months of energy usage for your new home.
Ask the previous homeowner to provide you with their past 12 months of usage.
This information is readily found in recent billing statements.
Acquiring usage for the past 12 months may take effort, but the time (and savings) will be well worth it.
Once you have historical usage, ComparePower will do the math instantly to help you find the best plan for your home’s usage pattern.
Note: If you cannot obtain historical usage information, a second option would be to estimate your future usage using our “Help Me Choose” tool. By simply entering your zip code, the tool can assess your home’s projected electricity consumption.
Sign-up for a plan instantly through ComparePower. We will remind you when it’s time to come back to switch and save at the end of the plan length you decide on.
Ready to get started? Enter your zip code below, and we'll guide you to the best energy plan for your new home.
Switching electricity companies in Covington
Switching is good. Market conditions are constantly in flux, so it is essential to shop for a lower price each year when your contract is about to expire.
Your existing energy provider will typically raise your energy rate once your term expires. If you fail to take action, you’ll be left on a month-to-month rate significantly higher than the plan you signed up for.
Before renewing your contract, check the rates of competing energy companies.
Switching can save you hundreds or thousands of dollars yearly on your electricity bill.
Switching is easy:
- You don’t have to call your current provider to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your electricity supply
- It takes just minutes
When you decide to switch, your new energy provider will take care of everything for you, including canceling service with your previous provider.
Your lights stay on when you switch. Electricity in Covington is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch energy companies. Therefore the reliability of your service is not affected.
You can choose any date up to 14 days before your current contract’s end date without an “early termination” penalty. Texas law protects you here.
If you’re still under contract, check how many months remain on your contract. You can set a future start date with most companies up to 6o days in advance.
The amount saved each month by switching to a different electricity company may outweigh the one-time fee to get out of your contract early.
If you’re ready to switch and want to know how to find the best plan, remember that knowing your usage is the best way to find the cheapest rate.
Keep in mind that when you get ready to switch and you want to know the most efficient way to find the right plan at the best rate, it is essential that you first understand your usage. To accomplish that, you will need to collect the usage history for the past 12 months.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Covington energy companies
Are you trying to find an excellent electricity company in Covington?
You can sign up for service with great electricity providers such as TXU Energy, Reliant, Direct Energy, and more.
Click on the company of your choice to view rates, learn more, or sign up.
|Energy Companies in Covington||Phone Number|
|New Power Texas||888-316-0697|
No-deposit electricity plans in Covington
Need to find an energy plan in Covington that doesn’t require a deposit?
If assessed a deposit on your first plan selection, ComparePower will automatically show you other plans available without a deposit.
That saves you a lot of time and hassle. No more clicking around and calling energy providers to determine if a deposit is needed.
We will immediately check the different plans for any deposit obligations, so you can get your power on and return to your day.
Learn how to get no-deposit lights.
You may be eligible to waive the deposit if you meet one of the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
If you have any questions about deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
Covington business energy rates
If you manage a company in Covington, you’re in good company.
Covington is home to many small and large companies and is a great town to run a company.
You need to compare prices from competing energy companies to lower your energy costs.
ComparePower bridges the gap between your business and energy companies by inviting various energy providers to compete for your business in a sealed bid process.
You submit your information on ComparePower, and the providers will present their bids. You pick the cheapest price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
To learn more about smart meters or to download your electricity usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in Covington, visit the Texas-New Mexico (TNMP) website or call them at 1-888-866-7456.
For gas service in Covington, call or visit Covington’s official city website to determine who your provider is.
In Covington, water, garbage, sewer, and recycling services are usually handled by the City of Covington.
Other utility service areas in Texas
Not in the Texas-New Mexico (TNMP) Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for zip codes in Covington
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
View electricity prices for cities near Covington
Are you searching for a lower electricity rate in a different city? If so, you can find the location below and then click to sign up for a more affordable electricity plan.
Don’t see your city on the list? Use the zip code finder to search for your new low rate in your city.
- Houston, TX
- Dallas, TX
- Fort Worth, TX
- Arlington, TX
- Katy, TX
- Corpus Christi, TX
- Spring, TX
- Plano, TX
- Irving, TX
- Laredo, TX
- Midland, TX
- Odessa, TX
- Tyler, TX
- Richmond, TX
- Cypress, TX
- Grand Prairie, TX
- Humble, TX
- Round Rock, TX
- Waco, TX
- Killeen, TX
- Sugar Land, TX
- Abilene, TX
- Pearland, TX
- Mcallen, TX
- Mesquite, TX
- Pasadena, TX
- Richardson, TX
- Baytown, TX
- Carrollton, TX
- Wichita Falls, TX
- San Angelo, TX
- Lewisville, TX
- Missouri City, TX
- Mission, TX
- Temple, TX
- League City, TX
- Mckinney, TX
- Galveston, TX
- Pflugerville, TX
- Harlingen, TX