Direct Energy Regulated Services Announces Electric Rates for April 2024

CALGARY, Alberta, March 28, 2024 (GLOBE NEWSWIRE) -- Direct Energy Regulated Services (DERS) has announced default electric rates for April 2024. 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 8% higher than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $0.63 or 0% increase in the total amount of their bill compared to last month.



 

Rate Class



Market Cost of Electricity
(cents/kWh)



Recovery Charge
(cents/kWh)

Price of Electricity Including Recovery Charge (cents/kWh)

Residential

11.458

2.999

14.457

Commercial

11.343

2.897

14.240

Industrial

11.073

2.035

13.108

Farm

11.326

4.018

15.344

Irrigation

10.949

0.000

10.949

Oil & Gas

11.013

6.687

17.700

Lighting

8.367

2.531

10.898

Farm - REA

 

 

 

 

Beaver REA

11.326

3.950

15.276

Borradaile REA

11.326

4.305

15.631

Braes REA

11.326

3.757

15.083

Claysmore REA

11.326

4.863

16.189

Devonia REA

11.326

3.781

15.107

Heart River REA

11.326

2.674

14.000

Kneehill REA

11.326

3.767

15.093

Mackenzie REA

11.326

3.133

14.459

Myrnam REA

11.326

3.338

14.664

Zawale REA

11.326

2.647

13.973

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


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