EXTREME WINTER EMERGENCY UPDATE: The CoServ Electric Board decided to keep the PCRF, set on Feb. 1, the same as it was before the extreme winter weather last week. This guarantees that our Members will not be severely impacted by the high wholesale prices that other electric providers faced during this time. The PCRF has been in place to consistently help spread anticipated higher costs over a longer period of time to benefit our Members.
Additionally, we will not be charging late fees and will suspend disconnections for nonpayment for the next 30 days.
Applicable for domestic uses associated with the operation of a single-family or multi-family residential installation. Residential rates are based on actual cost per kilowatt-hour (kWh) and actual electricity used.
By default, you will be signed up under this rate unless you chose otherwise when you begin service with CoServ.
Customer Charge | $10.00 per meter | ||
Energy Charge (November–April) | |||
February 2021 | |||
First 700 kWh | $0.129402 | ||
MINUS the PCRF | – | $0.0370 | |
= | $0.092402 per kWh | ||
Next 300 kWh | $0.119402 | ||
MINUS the PCRF | – | $0.0370 | |
= | $0.082402 per kWh | ||
Over 1000 kWh | $0.114402 | ||
MINUS the PCRF | – | $0.0370 | |
= | $0.077402 per kWh | ||
Energy Charge (November–April) | |||
January 2021 | |||
First 700 kWh | $0.129402 | ||
MINUS the PCRF | – | $0.0390 | |
= | $0.090402 per kWh | ||
Next 300 kWh | $0.119402 | ||
MINUS the PCRF | – | $0.0390 | |
= | $0.080402 per kWh | ||
Over 1000 kWh | $0.114402 | ||
MINUS the PCRF | – | $0.0390 | |
= | $0.075402 per kWh |
A Power Cost Recovery Factor (PCRF) allows CoServ to adjust for changes in wholesale fuel costs. Because wholesale costs can fluctuate from month to month, CoServ uses the PCRF to more accurately calculate your bill. When our wholesale power costs go up, the PCRF increases, and vice versa. If the PCRF is a negative (as it has been since May 2009), we subtract it from the base rate to calculate your bill.
For details, see Section 202.1 of the Tariff. To sign up, email contact@coserv.com.
To enroll, login to SmartHub to submit your rate change request or email contact@coserv.com for SmartHub enrollment assistance.
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