Direct Energy Regulated Services Announces Electric Rates for February 2016

HOUSTON, Jan. 29, 2016 /CNW/ -- Direct Energy Regulated Services (DERS) has announced default electric rates for February 2016. 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.

Depending on the rate class, the energy rate for February is approximately 8% lower than the energy rate charged last month, except the Lighting rate class which is approximately 9% lower. A typical residential customer consuming 600 kWh per month would see approximately a $3 or 2% decrease in the total amount of their bill compared to last month.

Rate Class	February Rate (cents/kWh)
Residential	4.461
Commercial	4.463
Industrial	4.389
Farm (Includes REA)	4.432
Irrigation	4.432
Oil & Gas	4.373
Lighting	3.754

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.

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SOURCE Direct Energy

Jessica Michan, Manager, External Relations, Direct Energy Regulated Services, 713-904-7455, [email protected], http://www.directenergy.com