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
Industrial
Public Buildings
Lighting

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)
Previous Rate Structure $71.15 $132.30 $254.60 $160.06
New Rate Structure $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?

How will the requested rates compare to competitors' rates?

Is the electric rate change effective 11/01/2025 a rate increase?

What is a cost of service study?

In utility rate design, what is considered a fixed cost?

In utility rate design, what is considered a variable cost?