PCRF stands for Power Cost Recovery Factor. It’s an adjustment to your bill based on our wholesale cost of power. To determine this item, located under the kWh Usage graph on your bill, we multiply the factor by the amount of electricity you used during the billing cycle (the “kWh Used” line item). When our wholesale power costs go up, the PCRF increases, and vice versa. If the PCRF becomes negative (because wholesale power costs decrease), we still multiply it by your kWh Used – but, instead of charging you this amount, we subtract it from your bill.
The 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.