Direct Energy Regulated Services Announces Electric Rates for November 2022

Author of the article: CALGARY, Alberta, Oct. 31, 2022 (GLOBE NEWSWIRE) — Direct Energy Regulated Services (DERS) has announced default electric rates for November 2022. 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…
Direct Energy Regulated Services Announces Electric Rates for November 2022

Author of the article:

CALGARY, Alberta, Oct. 31, 2022 (GLOBE NEWSWIRE) — Direct Energy Regulated Services (DERS) has announced default electric rates for November 2022. 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.

The energy rate for November is approximately 3% lower than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $6.18 or 2% decrease in the total amount of their bill compared to last month.

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Rate Class Market Cost of Electricity (cents/kWh)
Residential 17.597
Commercial 17.474
Industrial 17.174
Farm (Includes REA) 17.458
Irrigation 16.961
Oil & Gas 17.198
Lighting 15.743

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 .

Contact:

Estefania Joy

Direct Energy, Communications Specialist

Cell: 1-832-588-3634 [email protected]

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