Direct Energy Regulated Services Announces Electric Rates for May 2013

May 1, 2013 - Direct Energy Regulated Services (DERS) has announced default electric rates for May 2013. 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 15% lower than the energy rate charged last month, except the lighting rate class which is 41% lower. A typical residential customer consuming 600 kWh per month would see approximately a $7 or a 5% increase in the total amount of their bill compared to last month.

Rate Class	May Rate (cents/kWh)
Residential	7.227
Commercial	7.158
Industrial	6.896
Farm (Includes REA)	7.124
Irrigation	6.856
Oil & Gas	6.797
Lighting	3.377

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.

For further information, please contact:
Jeff Lanthier
Manager, External Relations
Direct Energy Regulated Services
1-905-943-6260
Jeff.Lanthier@directenergy.com