Rates
CoServ Members should expect May electricity usage to be higher than April because of a 58% increase in Cooling Degree Days.
Supply and demand are the primary drivers of electricity prices, so as demand increases, wholesale prices tend to rise as well.
Members should expect April energy usage to be similar to March after a rollercoaster month as far as temperatures go.
CoServ Members save an average of about $58 a month, or almost $700 a year, compared to their counterparts in the deregulated market.
As a result, CoServ Members should expect more electricity usage from AC compared to March 2025. If you have gas heat, gas usage will be down.
In a world where inflation has increased the cost of nearly everything, CoServ Members still get value when they flip on the lights.
This February was the warmest since 2017 for North Texas. There were 14 days with an average temperature in the 60s.
January weather started mild for the first three weeks but took a dramatic turn when Winter Storm Fern arrived.
Fitch Ratings upgraded CoServ’s debt from an A+ to AA- bond rating. The bond rating is like a credit score for big companies.
CoServ Members should expect energy usage for December to be more than November based because of the chillier overall weather.