Direct Energy Regulated Services Announces Electric Rates for April 2016

HOUSTON, March 31, 2016 /CNW/ -- Direct Energy Regulated Services (DERS) has announced default electric rates for April 2016. The Regulated Rate Option (RRO) sets the rate per kilowatt hour that regulated customers pay for electric energy in the ATCO Electric service territory. The rates are adjusted each month to reflect the price that DERS pays to buy energy on behalf of customers. The method DERS uses to set the RRO rates has been verified and approved by the Alberta Utilities Commission.

Depending on the rate class, the energy rate for April is approximately 19% lower than the energy rate charged last month, except the Lighting rate class which is approximately 23% lower.  A typical residential customer consuming 600 kWh per month would see approximately a $5 or 4% decrease in the total amount of their bill compared to last month.

Rate Class

April Rate (cents/kWh)

Residential

3.438

Commercial

3.420

Industrial

3.356

Farm (Includes REA)

3.420

Irrigation

3.347

Oil & Gas

3.325

Lighting

2.480

Further information on regulated rate option and a complete list of competitive retailers can be found on the Alberta government's customer choice website at: www.ucahelps.gov.ab.ca.

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SOURCE Direct Energy

For further information: Jessica Michan, Manager, External Relations, Direct Energy Regulated Services, 713-904-7455, Jessica.Michan@directenergy.com


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