What Powers Your Bill
Affordability is a key part of CoServ’s mission, but it has also become more of a challenge in these inflationary times. You don’t have to go far to find headlines about rising electricity prices.
So, how does CoServ keep prices low?
This summer, we will publish a series of articles in Texas Co-op Power magazine that focus on all the ways CoServ has reduced the cost of electricity for Members. Also look for letters from CoServ President and CEO Donnie Clary about how our rates compare to for-profit utilities and the benefits of Capital Credits.
Pricing Features
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CoServ Earns Fitch Ratings Upgrade
Linemen pulling wire for new 3-phase service in Aubrey. Photos by Ken Oltmann/CoServ The interest rate is a critical part of any big purchase, whether it’s a house, a car or anything else that requires a loan. The better your credit score, the lower the interest rate and the lower your payment will be. These…
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Delivering Value at the Flip of a Switch
In a world where inflation has increased the cost of nearly everything, Members still get value when they flip on the lights. This is just one of the many ways in which being a cooperative sets us apart from the for-profit utilities in North Texas. This year, we will dig deeper into your bill, explaining…
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The Price of Power: What Drives Energy Costs?
Energy costs make up 55% to 60% of your electric bill, so it’s important that CoServ makes smart, strategic decisions when buying electricity to keep prices as low as possible. Where Your Energy Comes From: Buying Electricity for Members Wholesale electricity is measured and sold in 15-minute increments for every hour of the day. CoServ’s…
