Here’s how CoServ Electric stacks up to the two largest providers in this area: Reliant and TXU.

Our rates …



Over the last three years, our rates stayed consistently lower than Reliant and TXU, as well as Direct Energy, Cirro, Commerce, First Choice and Green Mountain.

Our customer satisfaction …



As you can see, we also beat Reliant and TXU in customer satisfaction.

We attribute our stable rates and high satisfaction scores to the way we run our business – by thinking of your interests first. Here’s a closer look at how CoServ compares to investor-owned utilities like Reliant and TXU:

CoServ Electric (and other electric cooperatives)	Reliant/TXU (and other retail electric providers)
Owned by the people we serve (our “members”)	Owned by stockholders/investors
Not-for-profit	For-profit
Provides power as close to cost as possible	Marks up the cost of power to increase revenue
Overseen by member-elected board of directors	Overseen by shareholder-elected board of directors
Members receive money back through Capital Credits, our version of dividends.	Shareholders receive dividends, and customers receive no money back.
Members can attend annual meeting to meet leaders and ask questions.	Customers cannot attend annual meeting unless they are also shareholders.

It all boils down to this: The business model of electric cooperatives like CoServ puts you first, while retail electric providers put investors first. Not a bad deal if you’re a high-ranking stockholder in the company … but if you’re a customer, we think it’s clear that the cooperative approach serves you best. For more information about CoServ Electric's position on deregulation and why you don't have choice in electric providers, watch CEO Mike Dreyspring speak.