Direct Energy Regulated Services Announces Electric Rates for December 2021

CALGARY, AB, Nov. 29, 2021 /CNW/ - Direct Energy Regulated Services (DERS) has announced default electric rates for December 2021. 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 December is approximately 28% higher than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $20.65 or 10% increase in the total amount of their bill compared to last month.

Rate Class	Market Cost of Electricity (cents/kWh)
Residential	13.434
Commercial	13.322
Industrial	13.068
Farm (Includes REA)	13.295
Irrigation	12.903
Oil & Gas	13.055
Lighting	11.937

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

Christina Allen, Direct Energy, External Relations Cell: 1-281-731-7454, [email protected]