Direct Energy Regulated Services Announces Electric Rates for March 2019

CALGARY, Feb. 28, 2019 /CNW/ - Direct Energy Regulated Services (DERS) has announced default electric rates for March 2019. 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 March is approximately 12% lower than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $1.20 or 1% increase in the total amount of their bill compared to last month.

Rate Class	Market Cost of Electricity (cents/kWh)
Residential	5.963
Commercial	5.965
Industrial	5.818
Farm (Includes REA)	5.916
Irrigation	5.760
Oil & Gas	5.803
Lighting	4.718

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

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