Direct Energy Regulated Services Announces Electric Rates for May 2015

CALGARY, Alberta, May 1, 2015 /CNW/ -- Direct Energy Regulated Services (DERS) has announced default electric rates for May 2015. 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 May is approximately 12% lower than the energy rate charged last month, except the Lighting rate class which is 20% lower. A typical residential customer consuming 600 kWh per month would see approximately a $4 or 3% decrease in the total amount of their bill compared to last month.

Rate Class	May Rate (cents/kWh)
Residential	4.538
Commercial	4.523
Industrial	4.381
Farm (Includes REA)	4.518
Irrigation	4.270
Oil & Gas	4.335
Lighting	2.556

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 Regulated Services

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