Coserv Electric

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About Coserv Electric

Coserv Electric is an electricity cooperative headquartered in Denton, Texas and serving customers in 52 cities in Texas such as the cities of Fort Worth, Plano, Frisco, McKinney, and Denton. The company has 263,950 customers. There are 243,529 residential customers, 17,931 commercial accounts and 2,490 industrial customers. Coserv Electric's patrons are charged an average residential electricity rate of 9.80 cents per kilowatt hour, which is 20.62% below the average state rate of 12.34 cents and 28.32% below the US average of 13.67. Of the 5,615,253 megawatt hours Coserv Electric sold and dispossessed, 5,432,976 were from sales to end users. During the same timeframe, Coserv Electric purchased 5,615,253 megawatt hours by way of wholesale channels. In 2020, the provider had revenue of $509,073,800 from retail electricity sales. This made up the total of the electricity related revenue for the company.

The average residential electricity bill for a customer of Coserv Electric is $123.83 per month. Consumers of the provider pay a 12.21% markdown compared to other residents of Texas. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other providers and then resell it to end consumers.

Coserv Electric Net Metering

Consumers of Coserv Electric have the ability to participate in net metering options. This makes it easier for people who are interested to install solar and other electricity options as they have the ability to sell unneeded wattage back to the grid.

Energy Loss

Electricity suppliers routinely submit data for energy lost through heat dissipation and other causes to government agencies who track infrastructure efficiencies. Coserv Electric recently reported a loss of 3.25% of the total electricity production total. Coserv Electric's energy loss amounts give them a ranking of 30th best out of the 139 providers that operate in the state and report energy loss and 419th best out of 3510 in the country.

Coserv Electric Rate & Electric Bills

Coserv Electric residential electric rates are highest in January and the highest average bill is in March.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.104/kWh$0.097/kWh$135.90/mo.$123.83/mo.
408th9.80¢Coserv Electric's Average residential price per kWh
1870th$123.83Average monthly electricity bill for Coserv Electric's residential customers

Coserv Electric Overview

  • Company Type:Cooperative
  • Headquarters:7701 South Stemmons Fairway
    Denton, Texas 76210
    United States of America
  • CEO:Donnie Clary

Coserv Electric Contact

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    Energy Loss

    Coserv Electric's energy loss due to business operations.

    -3.25%

    Total Energy Loss

    182,277MWh

    419 National Rank

    Coserv Electric Coverage Map

    Coverage Map Placeholder

    Coserv Electric State Coverage

    StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
    Texas263,950509,073,80033100%
    1 states with service

    Coserv Electric County Coverage

    CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
    Collin County1,064,4651011.10$120.40/mo
    Cooke County41,668910.98$117.55/mo
    Denton County906,4221211.10$118.99/mo
    Grayson County135,5431011.08$119.38/mo
    Wise County68,6321110.79$118.89/mo
    5 counties with coverage

    Cities Coserv Electric Has Coverage

    * City coverage generated based on government data. Always verify you can get service from the provider.

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    Coserv Electric FAQ:

    How much is the average bundled bill for Coserv Electric customers each month?

    Currently, the average monthly bundled electric bill for customers of Coserv Electric is $123.83. The state average bundled bill is $138.60 and the US average is $138.60.

    What is the phone number for Coserv Electric?

    Coserv Electric's customer service phone number is (940) 321-7800

    What cities does Coserv Electric sell electricity to?

    Coserv Electric provides electricity to 52 cities in the United States.

    Who is the CEO of Coserv Electric?

    The CEO of Coserv Electric is Donnie Clary.

    What is the average bundled electricity rate for Coserv Electric customers?

    Consumers of Coserv Electric, on average, have an electricity bundled rate 9.80 cents per kilowatt hour (¢/kWh).

    How many counties does Coserv Electric have customers in in?

    There are 5 counties that receive at least some electricity coverage by Coserv Electric including Texas.

    Last Reviewed By: Nick Reese
    Published: 2021-03-16Last Updated: 2022-06-02