Direct Energy Regulated Services Announces Electric Rates for July 2013

July 1, 2013 - Direct Energy Regulated Services (DERS) has announced default electric rates for July 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 July is approximately 45% higher than the energy rate charged last month, except the lighting rate class which is 14% lower. A typical residential customer consuming 600 kWh per month would see approximately a $22 or a 14% increase in the total amount of their bill compared to last month.

Rate Class	July Rate (cents/kWh)
Residential	11.314
Commercial	11.461
Industrial	10.772
Farm (Includes REA)	11.303
Irrigation	10.737
Oil & Gas	10.793
Lighting	4.442

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