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Direct Energy Regulated Services Announces Electric Rates for March 2019

Direct Energy Regulated Services (CNW Group/Direct Energy Regulated Services)

News provided by

Direct Energy Regulated Services

Feb 28, 2019, 17:28 ET

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CALGARY, Feb. 28, 2019 /CNW/ - Direct Energy Regulated Services (DERS) has announced default electric rates for March 2019. 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 have been verified and approved by the Alberta Utilities Commission.

The energy rate for March is approximately 12% lower than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $1.20 or 1% increase in the total amount of their bill compared to last month.

Rate Class

Market Cost of Electricity (cents/kWh)

Residential

5.963

Commercial

5.965

Industrial

5.818

Farm (Includes REA)

5.916

Irrigation

5.760

Oil & Gas

5.803

Lighting

4.718

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.

SOURCE Direct Energy Regulated Services

For further information: Wendy Tynan, Sr Manager, Corporate Affairs, Direct Energy Regulated Services, 403-776-2206, [email protected]

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