Direct Energy Regulated Services Announces Electric Rates for March 2014

February 28, 2014 - Direct Energy Regulated Services (DERS) has announced default electric rates for March 2014. 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 March is approximately 1% higher than the energy rate charged last month, except the Lighting rate class which is 2% lower. A typical residential customer consuming 600 kWh per month would see approximately a $1 or less than a 1% increase in the total amount of their bill compared to last month.

Rate Class	March Rate (cents/kWh)
Residential	7.408
Commercial	7.448
Industrial	7.281
Farm (Includes REA)	7.505
Irrigation	7.505
Oil & Gas	7.228
Lighting	5.572

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