2025 Notice: Electric Rate Changes
What's changing?
CoServ Electric will implement a revenue-neutral rate change that increases the customer charge offset by a decrease to the volumetric kWh rate for most rate classes and a revenue-positive change to the lighting service rate class.
- Customer Charge Increasing: Most rate classes will see an increase of $5 to their monthly customer charge.
- Usage Rate Decreasing: Most rate classes will see a decrease in the per kWh energy charge.
Changes by Rate Class
The following tables detail the changes for each affected rate class.
If you are using a screen reader and need help understanding the charts, please contact us at (940) 321-7800.
Residential
|
Existing |
Proposed |
Change |
| Standard Residential |
| Customer Charge |
$10.00 |
$15.00 |
$5.00 |
| Energy Charge, per kWh |
$0.127400 |
$0.123281 |
−$0.004119 |
| Residential Solar Savings |
| Customer Charge |
$10.00 |
$15.00 |
$5.00 |
| Energy Charge, per kWh |
$0.128526 |
$0.125207 |
−$0.003319 |
| Residential Summer Savings |
| Customer Charge |
$10.00 |
$15.00 |
$5.00 |
| Energy Charge, per kWh (May–Oct) |
| On-Peak kWh |
$0.214317 |
$0.210821 |
−$0.003496 |
| Off-Peak kWh |
$0.090705 |
$0.087209 |
−$0.003496 |
| Energy Charge, per kWh (Nov–April) |
$0.126526 |
$0.123030 |
−$0.003496 |
| Residential DG Buyback |
| Customer Charge |
$10.00 |
$15.00 |
$5.00 |
| DG Customer Charge |
$15.00 |
$10.00 |
−$5.00 |
| Total Customer Charge |
$25.00 |
$25.00 |
$0.00 |
| Energy Charge, per kWh |
$0.127400 |
$0.123281 |
−$0.004119 |
| Residential DG Buyback with Solar Savings |
| Customer Charge |
$10.00 |
$15.00 |
$5.00 |
| DG Customer Charge |
$15.00 |
$10.00 |
−$5.00 |
| Total Customer Charge |
$25.00 |
$25.00 |
$0.00 |
| Energy Charge, per kWh |
$0.128526 |
$0.125207 |
−$0.003319 |
| Residential DG Buyback over 50 kW |
| Customer Charge |
$10.00 |
$15.00 |
$5.00 |
| DG Customer Charge |
$45.00 |
$30.00 |
−$15.00 |
| Total Customer Charge |
$55.00 |
$45.00 |
−$10.00 |
| Energy Charge, per kWh |
$0.127400 |
$0.123281 |
−$0.004119 |
| Residential DG Buyback with Summer Savings |
| Customer Charge |
$10.00 |
$15.00 |
$5.00 |
| DG Customer Charge |
$15.00 |
$10.00 |
−$5.00 |
| Total Customer Charge |
$25.00 |
$25.00 |
$0.00 |
| Energy Charge, per kWh (May–Oct) |
| On-Peak kWh |
$0.214317 |
$0.210821 |
−$0.003496 |
| Off-Peak kWh |
$0.090705 |
$0.087209 |
−$0.003496 |
| Energy Charge, per kWh (Nov–April) |
$0.126526 |
$0.0.123030 |
−$0.003496 |
| Residential DG Net Metering [CLOSED] |
| Customer Charge |
$10.00 |
$15.00 |
$5.00 |
| DG Customer Charge |
$10.00 |
$10.00 |
$0.00 |
| Total Customer Charge |
$20.00 |
$25.00 |
$5.00 |
| Energy Charge, per kWh |
$0.127400 |
$0.123281 |
−$0.004119 |
| Residential Time-of-Use [CLOSED] |
| Customer Charge |
$12.00 |
$17.00 |
$5.00 |
| Energy Charge, per kWh |
| On-Peak kWh |
$0.184089 |
$0.180742 |
−$0.003347 |
| Off-Peak kWh |
$0.090705 |
$0.087358 |
−$0.003347 |
Commercial
| |
Existing |
Proposed |
Change |
| Commercial |
| Customer Charge |
$25.00 |
$30.00 |
$5.00 |
| Energy Charge, per kWh |
$0.136943 |
$0.133524 |
−$0.003419 |
| Commercial Time-of-Use |
| Customer Charge |
$27.50 |
$32.50 |
$5.00 |
| Energy Charge, per kWh |
| On-Peak kWh |
$0.202989 |
$0.200476 |
−$0.002513 |
| Off-Peak kWh |
$0.109605 |
$0.107092 |
−$0.002513 |
| Commercial Time-of-Use Demand |
| No change |
| Commercial DG Buyback |
| Customer Charge |
$25.00 |
$30.00 |
$5.00 |
| DG Customer Charge |
$15.00 |
$10.00 |
−$5.00 |
| Total Customer Charge |
$40.00 |
$40.00 |
$0.00 |
| Energy Charge, per kWh |
$0.136943 |
$0.133524 |
−$0.003419 |
| Commercial DG Net Metering [CLOSED] |
| Customer Charge |
$25.00 |
$30.00 |
$5.00 |
| DG Customer Charge |
$10.00 |
$10.00 |
$0.00 |
| Total Customer Charge |
$35.00 |
$40.00 |
$5.00 |
| Energy Charge, per kWh |
$0.136943 |
$0.133524 |
−$0.003419 |
Industrial
|
Existing |
Proposed |
Change |
| Industrial |
| Customer Charge |
$35.00 |
$55.00 |
$20.00 |
| Demand Charge, per kW |
| May–Oct |
$13.04 |
$13.04 |
$0 |
| Nov–April |
$10.04 |
$10.04 |
$0 |
| Energy Charge, per kWh |
$0.080362 |
$0.079836 |
−$0.000526 |
| Industrial DG Buyback |
| Customer Charge |
$35.00 |
$55.00 |
$20.00 |
| DG Customer Charge |
$45.00 |
$30.00 |
($15.00) |
| Total Customer Charge |
$80.00 |
$85.00 |
$5.00 |
| Demand Charge, per kW |
| May–Oct |
$13.04 |
$13.04 |
$0.00 |
| Nov–April |
$10.04 |
$10.04 |
$0.00 |
| Energy Charge, per kWh |
$0.080362 |
$0.079836 |
−$0.000526 |
| Industrial TOU |
| Customer Charge |
$45.00 |
$50.00 |
$5.00 |
| On-Peak Demand Charge, per kW |
| May–Oct |
$11.15 |
$11.15 |
$0.00 |
| Nov–April |
$8.63 |
$8.63 |
$0.00 |
| NCP Demand Charge, per kW |
$2.35 |
$2.35 |
$0.00 |
| Energy Charge, per kWh |
$0.080362 |
$0.079836 |
−$0.000526 |
| Industrial DG Net Metering [CLOSED] |
| Customer Charge |
$35.00 |
$55.00 |
$20.00 |
| DG Customer Charge |
$10.00 |
$10.00 |
$0.00 |
| Total Customer Charge |
$45.00 |
$65.00 |
$20.00 |
| Demand Charge, per kW |
| May–Oct |
$13.04 |
$13.04 |
$0.00 |
| Nov–April |
$10.04 |
$10.04 |
$0.00 |
| Energy Charge, per kWh |
$0.080362 |
$0.079836 |
−$0.000526 |
Public Buildings
|
Existing |
Proposed |
Change |
| Public Building under 35 kW |
| Customer Charge, per month |
$20.00 |
$25.00 |
$5.00 |
| Energy Charge, per kWh |
$0.121970 |
$0.116075 |
−$0.005895 |
| Public Builidng over 35 kW |
| No Change |
| Public Building TOU |
| No Change |
| Public Building DG Buyback (over 35 kW) |
| Customer Charge, per month |
$35.00 |
$35.00 |
$0.00 |
| DG Customer Charge |
$45.00 |
$30.00 |
−$15.00 |
| Total Customer Charge |
$80.00 |
$85.00 |
$5.00 |
| Demad Charge, per kWh |
| May – October |
$13.04 |
$13.04 |
$0.00 |
| November – April |
$10.04 |
$10.04 |
$0.00 |
| Energy Charge, per kWh |
$0.080362 |
$0.079836 |
−$0.000526 |
| Public Building DG Net Metering (under 35 kW) [CLOSED] |
| Customer Charge, per month |
$20.00 |
$25.00 |
$5.00 |
| DG Customer Charge |
$10.00 |
$10.00 |
$0.00 |
| Total Customer Charge |
$30.00 |
$35.00 |
$5.00 |
| Energy Charge, per kWh |
$0.121970 |
$0.116075 |
−$0.005895 |
Lighting
|
Existing |
Proposed |
Change |
| Lighting |
| Non-LED Lights Owned and Maintained by Cooperative |
| Coop 70 Watt [CLOSED] |
$10.73 |
$13.75 |
$3.02 |
| Coop 100 Watt HPS |
$10.73 |
$13.75 |
$3.02 |
| Coop 150 Watt HPS |
$11.76 |
$15.15 |
$3.39 |
| Coop 175 Watt MV [CLOSED] |
$12.28 |
$15.75 |
$3.47 |
| Coop 200 Watt HPS [CLOSED] |
$14.81 |
$19.00 |
$4.19 |
| Coop 250 Watt HPS |
$16.49 |
$21.25 |
$4.76 |
| Coop 400 Watt HPS |
$23.48 |
$30.25 |
$6.77 |
| Coop 1000 Watt MV |
$49.67 |
$49.67 |
$0.00 |
| LED Lights Owned and Maintained by Cooperative |
| Coop 30-44 Watt LED |
$10.73 |
$13.75 |
$3.02 |
| Coop 45-59 Watt LED |
$10.73 |
$13.75 |
$3.02 |
| Coop 60-74 Watt LED |
$10.73 |
$13.75 |
$3.02 |
| Coop 90-104 Watt LED |
$10.73 |
$13.75 |
$3.02 |
| Coop 75-89 Watt LED |
$10.73 |
$13.75 |
$3.02 |
| Coop 105-119 Watt LED |
$10.73 |
$13.75 |
$3.02 |
| Coop 120-134 Watt LED |
$10.73 |
$13.75 |
$3.02 |
| Coop 135-149 Watt LED |
$10.73 |
$13.75 |
$3.02 |
| Coop 150-164 Watt LED |
$11.76 |
$15.15 |
$3.39 |
| Coop 165-179 Watt LED |
$11.76 |
$15.15 |
$3.39 |
| Coop 180-194 Watt LED |
$12.28 |
$15.75 |
$3.47 |
| Coop 195-209 Watt LED |
$14.81 |
$19.00 |
$4.19 |
| Contract Light − Coop 210W LED |
$14.81 |
$14.81 |
$0.00 |
| Contract Light − Coop 420W LED |
$23.48 |
$23.48 |
$0.00 |
| Non-LED Lights Owned and Maintained by Customers |
| Cust 100 Watt HPS |
$5.96 |
$7.60 |
$1.64 |
| Cust 150 Watt HPS |
$8.12 |
$10.40 |
$2.28 |
| Cust 175 Watt MV |
$9.23 |
$11.80 |
$2.57 |
| Cust 250 Watt HPS |
$9.23 |
$11.80 |
$2.57 |
| Cust 400 Watt MV |
$9.23 |
$11.80 |
$2.57 |
| LED Lights Owned and Maintained by Customers |
| Cust 1-44 Watt LED |
$2.62 |
$3.35 |
$0.73 |
| Cust 45-59 Watt LED |
$3.52 |
$4.50 |
$0.98 |
| Cust 60-74 Watt LED |
$4.41 |
$5.65 |
$1.24 |
| Cust 75-89 Watt LED |
$5.31 |
$6.80 |
$1.49 |
| Cust 90-104 Watt LED |
$5.96 |
$7.65 |
$1.69 |
| Cust 120-134 Watt LED |
$7.06 |
$9.05 |
$1.99 |
| Cust 135-149 Watt LED |
$7.86 |
$10.10 |
$2.24 |
| Cust 150-164 Watt LED |
$8.12 |
$10.40 |
$2.28 |
| Cust 165-179 Watt LED |
$9.23 |
$11.85 |
$2.62 |
| Cust 180-194 Watt LED |
$10.23 |
$13.10 |
$2.87 |
| Cust 195-209 Watt LED |
$11.02 |
$14.15 |
$3.13 |
| Cust 210-224 Watt LED |
$11.82 |
$15.15 |
$3.33 |
How will these changes affect me?
- Residential Rates - For the average Member using 1,227 kWh, the impact to their bill will be negligible. For those that use more than this, they will see a decrease in their bills, and for those that use less they will see a small increase.
| |
500 kWh |
1,000 kWh |
2,000 kWh |
1,227 kWh
(Residential Average) |
| Current Rate |
$71.15 |
$132.30 |
$254.60 |
$160.06 |
| New Rate |
$74.09 |
$133.18 |
$251.36 |
$160.01 |
The examples in the chart above use a PCRF of −$0.01 and a SCRF of $0.0049.
- Non-residential Rates - Based on average usage for each rate class, the rate change is revenue-neutral. However, high energy users will see a small decrease in their overall bill while low users will experience a small increase. The amount of change in non-residential bills will depend heavily on actual usage.
- Lighting Rates - The lighting service rate class will increase an average of 27.32%. Non-LED lighting rates will increase between $3.00 and $7.00 per light while LED lighting rates will increase between $1.00 and $3.00 per light.
Why are you making these changes?
We're adjusting our rates to more accurately reflect how costs are distributed across our system. These changes are guided by our most recent cost of service study, which helps ensure each rate class contributes fairly to the overall cost of providing electric service.
By shifting more of the cost into the fixed portion of the bill and lowering the variable portion, we're aligning our rates with how costs are actually incurred. This approach helps maintain fairness and stability while keeping the changes revenue-neutral for the average Member.
When will these changes take effect?
On-bill notification will begin on September 1, 2025, and the rate changes will be effective on November 1, 2025.
FAQ
HOW ARE MEMBERS BEING NOTIFIED OF THE RATE CHANGE?
Notice will be provided by bill message on the September, October and November 2025 billing statements.
HOW WILL THE REQUESTED RATES COMPARE TO COMPETITORS' RATES?
CoServ Electric rates will continue to be competitive with area cooperatives, municipalities, and retail electric providers. For more information, visit
CoServ.com/RateComparisons.
IS THE ELECTRIC RATE CHANGE EFFECTIVE 11/01/2025 A RATE INCREASE?
The change to the lighting service rate class is an increase, but the changes to other rate classes are revenue-neutral to the average Member.
While the Power Cost Recovery Factor (PCRF) adjusts regularly to reflect changes in wholesale energy costs, CoServ has not implemented a base rate increase since 2001.
WHAT IS A COST OF SERVICE STUDY?
A cost of service study is a detailed analysis that helps determine how much it costs to serve different rate classes. It ensures that rates are fair by matching the costs of providing electric service with how those costs are recovered from each rate class.
IN UTILITY RATE DESIGN, WHAT IS CONSIDERED A FIXED COST?
Fixed costs do not change with the amount of energy used and include electrical infrastructure, labor, maintenance, and administrative costs. These costs are often recovered through a flat monthly fee called a customer charge.
IN UTILITY RATE DESIGN, WHAT IS CONSIDERED A VARIABLE COST?
Variable costs change with the amount of energy used and include wholesale power and transmission costs. These costs are often recovered through energy charges per kWh and demand charges based on peak kW.
