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 to all customers having less than 35 kW of maximum demand taking the type of service described in this rate schedule for all of the electric service supplied at one point of delivery and measured through one meter used for all commercial purposes. You do not apply for this rate if you are a residential customer.
| Customer Charge | $25.00 per meter | ||
| Energy Charge (November–April) | |||
| February 2021 | |||
| Base rate per kWh | $0.135544 | ||
| MINUS the PCRF | – | $0.0370 | |
| = | $0.098544 per kWh | ||
| Energy Charge (November–April) | |||
| January 2021 | |||
| Base rate per kWh | $0.135544 | ||
| MINUS the PCRF | – | $0.0390 | |
| = | $0.096544 per kWh | ||
PCRF: A Power Cost Recovery Factor 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. We do not markup up our wholesale costs for profit.
For more information on commercial rates, view Section 202.4 of the Tariff.
To enroll, login to SmartHub to submit your rate change request or email contact@coserv.com for SmartHub enrollment assistance.
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