Direct Energy Regulated Services Announces Electric Rates for April 2023

/EIN News/ -- CALGARY, Alberta, March 31, 2023 (GLOBE NEWSWIRE) -- Direct Energy Regulated Services (DERS) has announced default electric rates for April 2023. 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 has been verified and approved by the Alberta Utilities Commission.

The energy rate for April is approximately 49% higher than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $36.81 or 14% increase in the total amount of their bill compared to last month.

Rate Class	Energy Charges as Calculated (cents/kWh)	Increase to electric energy charge (cents/kWh)	Energy charge as Billed (cents/kWh)
Residential	17.662	2.472	20.134
Commercial	17.469	2.439	19.908
Industrial	17.022	2.379	19.401
Farm (Includes REA)	17.442	2.825	20.267
Irrigation	16.826	0.021	16.847
Oil & Gas	16.925	1.750	18.675
Lighting	12.540	2.038	14.578

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.

Estefania Joy
                    Direct Energy Regulated Services
                    832-588-3634
                    news@directenergy.com

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