Direct Energy Regulated Services Announces Electric Rates for April 2014

March 31, 2014 - Direct Energy Regulated Services (DERS) has announced default electric rates for April 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 April is approximately 4% lower than the energy rate charged last month, except the Lighting rate class which is 32% lower. A typical residential customer consuming 600 kWh per month would see approximately a $2 or 1% decrease in the total amount of their bill compared to last month.

Rate Class	April Rate (cents/kWh)
Residential	7.116
Commercial	7.129
Industrial	6.816
Farm (Includes REA)	6.905
Irrigation	6.663
Oil & Gas	6.712
Lighting	3.782

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