Direct Energy Regulated Services Announces Electric Rates for April 2018

CALGARY, March 29, 2018 /CNW/ - Direct Energy Regulated Services (DERS) has announced default electric rates for April 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.

The energy rate for April is approximately 48% higher than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $12.04 or 7% increase in the total amount of their bill compared to last month.

Rate Class	Market Cost of Electricity (cents/kWh)	Price of Electricity After Rate Cap (cents/kWh)*
Residential	7.919	6.8000
Commercial	7.877	6.8000
Industrial	7.696	6.8000
Farm (Includes REA)	7.879	6.8000
Irrigation	7.586	6.8000
Oil & Gas	7.616	6.8000
Lighting	5.279	5.2790

*The Government of Alberta's Rate Cap Regulation limits the rate charged by Direct Energy Regulated
Services to customers for electricity at $0.068/MWh for the period starting June 1, 2017 and ending
May 31, 2021.

Further information on the 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

Wendy Tynan, Manager, Public Affairs, Direct Energy Regulated Services 403-776-2206, [email protected]