Direct Energy Regulated Services Announces Electric Rates for May 2018

CALGARY, April 30, 2018 /CNW/ - Direct Energy Regulated Services (DERS) has announced default electric rates for May 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 May is approximately 16% lower than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $5.09 or 3% decrease in the total amount of their bill compared to last month.

Rate Class	May Rate (cents/kWh)
Residential	5.7000
Commercial	5.6780
Industrial	5.5320
Farm (Includes REA)	5.6860
Irrigation	5.4610
Oil & Gas	5.4990
Lighting	3.7300

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

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