April 30, 2018 - 1:41 PM EDT
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Direct Energy Regulated Services Announces Electric Rates for May 2018

Canada NewsWire

CALGARY, April 30, 2018 /CNW/ - Direct Energy Regulated Services (DERS) has announced default electric rates for May 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 (CNW Group/Direct Energy)

The energy rate for May is approximately 16% lower than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $5.09 or 3% decrease in the total amount of their bill compared to last month.

Rate Class

May Rate (cents/kWh)

Residential

5.7000

Commercial

5.6780

Industrial

5.5320

Farm (Includes REA)

5.6860

Irrigation

5.4610

Oil & Gas

5.4990

Lighting

3.7300

 

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/April2018/30/c4717.html

Wendy Tynan, Manager, Public Affairs, Direct Energy Regulated Services, 403-776-2206, Wendy.Tynan@directenergy.comCopyright CNW Group 2018


Source: Canada Newswire (April 30, 2018 - 1:41 PM EDT)

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