December 29, 2017 - 11:21 AM EST
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Direct Energy Regulated Services Announces Electric Rates for January 2018

Canada NewsWire

CALGARY, Alberta, Dec. 29, 2017 /CNW/ -- Direct Energy Regulated Services (DERS) has announced default electric rates for January 2018. 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.

Direct Energy Logo. (PRNewsFoto/Direct Energy)

The energy rate for January is approximately 28% higher than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $7.03 or 4% increase in the total amount of their bill compared to last month.

Rate Class

January Rate (cents/kWh)

Residential

5.143

Commercial

5.167

Industrial

5.097

Farm (Includes REA)

5.149

Irrigation

5.149

Oil & Gas

5.099

Lighting

4.737

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

View original content with multimedia: http://www.newswire.ca/en/releases/archive/December2017/29/c8581.html

Wendy Tynan, Manager, Public Affairs, Direct Energy Regulated Services 403-776-2206, Wendy.Tynan@directenergy.com, http://www.directenergy.comCopyright CNW Group 2017


Source: Canada Newswire (December 29, 2017 - 11:21 AM EST)

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