As of February 1, 2023, this rate plan is closed for new enrollment. If you are interested in distributed generation, please see our new DG with Buyback rate plan.
Net-Metering Definitions (Del, Rec, Net):
Del: When your house is using more energy than your solar system is producing, energy from the grid combines with solar to supply your house, and the meter flows forward. This is the energy delivered to your home. The SCRF will be charged on all delivered (Del) kWh.
Rec: When your solar panels are producing more than your house’s consumption, the excess solar energy not needed by your house flows onto the grid, and the meter flows backward. This is the energy received by CoServ. This amount will not match the output registered on your solar inverter; it represents only the excess solar production that is not needed by your house.
Net: This is the net total of energy that moved forward (DEL) and the energy that moved backward (Rec) on the meter. You are billed on this amount. CoServ’s current net-metering policy gives you full retail credit on all energy produced providing that your solar panels did not produce more energy than your house consumed at the end of the billing cycle. The PCRF will be charged on all Net kWh.
How the usage is calculated: Del – Rec = Net
Customer Charge | $20.00 per meter | ||
Energy Charge (November–April) | |||
March 2023 | |||
Net Pricing | |||
First 700 kWh | $0.129402 | ||
PLUS/MINUS the PCRF | – | $0.0140 | |
= | $0.115402 per kWh | ||
Next 300 kWh | $0.119402 | ||
PLUS/MINUS the PCRF | – | $0.0140 | |
= | $0.105402 per kWh | ||
Over 1000 kWh | $0.114402 | ||
PLUS/MINUS the PCRF | – | $0.0140 | |
= | $0.100402 per kWh | ||
Delivered (Del) Pricing | |||
SCRF | = | $0.0057 x Del kWh | |
Energy Charge (November–April) | |||
February 2023 | |||
Net Pricing | |||
First 700 kWh | $0.129402 | ||
PLUS/MINUS the PCRF | – | $0.0030 | |
= | $0.126402 per kWh | ||
Next 300 kWh | $0.119402 | ||
PLUS/MINUS the PCRF | – | $0.0030 | |
= | $0.116402 per kWh | ||
Over 1000 kWh | $0.114402 | ||
PLUS/MINUS the PCRF | – | $0.0030 | |
= | $0.111402 per kWh | ||
Delivered (Del) Pricing | |||
SCRF | = | $0.0057 x Del kWh |
For more details on this rate, see Section 202.15 of the Tariff.
PCRF: A Power Cost Recovery Factor (PCRF) allows CoServ to adjust for changes in wholesale energy costs. Because wholesale costs can fluctuate from month to month, CoServ uses the PCRF to calculate your bill. When our wholesale power costs go up, the PCRF increases, and vice versa. The PCRF is either subtracted or added to the base rate to calculate your bill. We do not markup our wholesale energy costs for profit. For additional details, see Section 203.1 of the tariff.
SCRF: The Securitized Charges Recovery Factor (SCRF) is used to calculate amounts that CoServ must recover from Customers to repay and administer the securitized bonds issued by CoServ under Texas Senate Bill 1580. The proceeds of these bonds were used to pay qualified costs and expenses relating to Winter Storm Uri in February 2021. At least every six months, the amount that is charged on a per kWh basis will be reviewed, and adjusted as needed, to ensure CoServ is collecting the appropriate amounts. For additional details, see Section 203.2 of the tariff. Visit CoServ.com/Brazos for more information.
Note for Solar (DG) Members: Senate Bill 1580 states that all Members in a cooperative service are required to pay the securitization charges on all kWh delivered to their meter. If the SCRF were charged only on the Net, Members with rooftop solar would avoid paying some of the charges. For more details, see Section 203.2 section G of the Tariff.
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