2026 Notice: Electric Rate Increase

2026 Documents

What's changing?

Beginning December 1, 2026, CoServ Electric (“CoServ”) will implement updated electric rates for the rate classes listed below.

The rate change will increase the customer charge for most rate classes and is intended to help offset the rising costs of operating, maintaining, and improving the electric system while ensuring CoServ can continue to provide safe and reliable service to a growing membership.

The following tables detail the changes to customer charges for each affected rate class.

Rate Current Customer Charge New Customer Charge
Standard Residential $15.00 $20.00
Summer Savings $15.00 $20.00
Solar Savings $15.00 $20.00
Reliability Plus $15.00 $20.00
Time-of-Use $17.00 $20.00

For customers with Distributed Generation (DG), the Customer Charge will increase by the applicable amount shown above, while the DG Customer Charge will decrease by $5.00.

In addition, the Demand Charges for all Industrial rate schedules will increase by $0.84 per kW.

A member meeting regarding the rate increase will be held on November 19, 2026, at 8:00 a.m. at CoServ Headquarters.

How will these changes affect me?

Members will see a rate increase in their customer charge, as shown in the table above. The price per kWh is not increasing.

For more information on our current rates, visit our Residential Rates page or our Commercial Rates page, depending on your rate class.

Why are you making these changes?

CoServ has not implemented a base electric rate increase since 2001.

For more than two decades, CoServ has managed rising costs through operational efficiencies, membership growth, and prudent financial management. However, rising costs for labor, materials, equipment, technology, and infrastructure investments have made a rate adjustment necessary.

When will these changes take effect?

On-bill notification will begin on October 1, 2026, and the rate changes will be effective on December 1, 2026.

FAQ

Why now if CoServ has not raised base electric rates since 2001?

How is this rate increase different from the one in 2025?

Is this a rate increase?

Who approves CoServ's rates?

Can members attend the public meeting?

How are members being notified?

How do CoServ’s rates compare to other utilities?

What are fixed costs?

What are variable costs?