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Serving North Texas Since 1937

Peak Demand; what is it and how does it affect me?

This summer could be one for the record books. As your electric cooperative, we are all in this together so small changes can have a big impact on future electric costs. That means conserving energy during peak.

WHAT IS PEAK DEMAND?

Peak demand is when demand for electricity is at its highest during the day. During the summer, this typically happens on extremely hot days between the hours of 3 p.m. and 8 p.m. because air conditioners are working harder to keep up and customers are coming home, cooking dinner and using electronics.

WHY DOES THIS AFFECT ME?

CoServ’s cost to buy wholesale electricity varies extensively based on how much demand there is on the larger Electric Reliability Council of Texas grid. The increased cost to buy power during peak times plays a large role in what your electricity costs will be in the future. CoServ accounts for wholesale electricity cost by adjusting the PCRF or Power Cost Recovery Factor.

When Members reduce overall electricity usage during peak times, CoServ doesn’t have to purchase as much high-priced electricity, which reduces CoServ’s wholesale power costs and, ultimately, reduces future energy costs for Members.

So, while doing the laundry at 5 p.m. won’t be any different on an individual Members’ next bill compared to doing it overnight, long-term, this affects the PCRF on future bills for all CoServ Members.

WHEN SHOULD I ADJUST MY HABITS?

Usually, peak demand happens between the hours of 3 p.m. and 8 p.m. during the summer months (May – September).

HOW CAN I HELP?

We encourage our Members to conserve electricity where possible to save energy, and money, on their bills. But waiting to do laundry until before or after peak hours, adjusting your thermostat a few degrees up can make a big difference in demand on the Texas grid. We’ve also compiled a list of Energy Efficiency Tips to help with this as well.

Want to get paid to save? For Members with Nest Thermostats, CoServ offers Rush Hour Rewards where Members can earn $10 bill credits each month during the summer, just for allowing their thermostat to be raised a few degrees during peak demand events.

This is an annual program, meaning that every year that you participate your savings continue to stack up!