Back to list Service & repair Oct 31, 2014 00:00 Direct Energy Regulated Services Announces Electric Rates for November 2014 Direct Energy Regulated Services Announces Electric Rates for November 2014 Rate Class November Rate (cents/kWh) Residential 6.288 Commercial 6.283 Industrial 6.091 Farm (Includes REA) 6.118 Irrigation 6.118 Oil & Gas 6.055 Lighting 5.110 Houston, TX (October 31, 2014) - Direct Energy Regulated Services (DERS) has announced default electric rates for November 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 November is approximately 27% lower 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 $15 or 9% decrease in the total amount of their bill compared to last month. Further information on regulated gas supply 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: Micah Hirschfield Direct Energy Micah.Hirschfield@directenergy.com 713-877-3805