Time of Use – Residential (Closed)

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 weather that hit Texas February 15–19. 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.

Perfect for: Everyone. This is why the Standard Residential Rate is offered to all CoServ Members—without gimmicks, hidden fees or expiration dates.

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 enrolled in this rate unless you chose another rate plan when you begin service with CoServ.

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 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 our wholesale energy costs for profit. For details, see Section 203.1 of the tariff. 

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.