Direct Energy Regulated Services Announces Electric Rates for December 2022

CALGARY, Alberta, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Direct Energy Regulated Services (DERS) has announced default electric rates for December 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 December is approximately 24% higher than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $27.09 or 10% increase in the total amount of their bill compared to last month.

Rate Class

Market Cost of Electricity (cents/kWh)

Residential

21.768

Commercial

21.663

Industrial

21.427

Farm (Includes REA)

21.671

Irrigation

21.208

Oil & Gas

21.499

Lighting

20.415

 

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 estefania.joy@nrg.com

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