Weather Stats

What to expect on your January bill

By Nicholas Sakelaris | January 10, 2025
Stock.Adobe.com/tanarch
Stock.Adobe.com/tanarch

CoServ Members should expect energy usage to be higher than last month because of increased heater usage throughout a rainy, but mild December.

Temperatures plunged in the evening hours, prompting many to turn on their heaters. Overall, the daytime weather was relatively mild, and, unlike January, temperatures only flirted with the freezing mark.

There were a dozen nights where the temperature reached 40 degrees or less, and the average temperature was eight degrees cooler than November. Conversely, there were eight days above 70 degrees or higher.

  November December Difference
Average temperature 61.7 53.7 8 degrees cooler
Cooling Degree Days 51 3 48 fewer CDD
Heating Degree Days 142 345 203 more HDD
Utilities and the federal government measure the impact of weather on energy usage by calculating Cooling Degree Days (CDD) and Heating Degree Days (HDD). To calculate the CDD, take the average temperature for a day and subtract it from 65. The higher the number, the more air conditioning will be needed to keep your home comfortable. Click here for more information on calculating CDD.

Looking back at the same period last year, December 2024 was almost a carbon copy of December 2023 with the same average high of 63.7 degrees. Members should expect energy usage to be about the same as December 2023.

Homes with electric heaters will notice more electricity usage in the winter months, while homes with gas heaters will use more natural gas.

After several dry months, North Texas received 4.59 inches of rain, 1.75 inches above normal.

Power Cost Recovery Factor

When we save money on our electricity purchases, we pass that on to our Members – another part of the CoServ Advantage!

Wholesale power costs can vary from day to day and month to month. CoServ accounts for these fluctuations by adjusting the Power Cost Recovery Factor (PCRF).

CoServ kept the PCRF at -$0.01 cents per kilowatt-hour for January billing. This is the seventh month in a row that the PCRF has been a negative number, meaning it subtracts pennies off the base rate, saving Members money.

Visit CoServ.com/Rates for more information on how your rate is calculated.

Securitized Charges Recovery Factor

CoServ Members will notice another slight savings on their January bill.

In the aftermath of Winter Storm Uri in February 2021,  the Texas Legislature enacted Senate Bill 1580 (codified at Texas Utilities Code §§ 41.151 – 41.163), which allows electric cooperatives to utilize a financing mechanism called securitization to pay the extraordinary costs and expenses from Uri.

The securitization financing allows CoServ to spread these extraordinary Uri costs and expenses over the next 25 years.

CoServ Members began seeing the Securitized Charges Recovery Factor (SCRF) appear on their bills in January 2023. In January 2025, CoServ reduced the Securitized Charges Recovery Factor (SCRF) from $0.00054 to $0.00049. This will save Members 50 cents per 1,000 kilowatt-hours.

This is the second time CoServ has reduced the SCRF since 2023. As CoServ continues to add more than 1,000 new electric meters per month, we’re able to lower the SCRF as costs are spread among more Members.