Direct Energy Regulated Services Announces Electric Rates for March 2024

CALGARY, Alberta, March 01, 2024 (GLOBE NEWSWIRE) -- Direct Energy Regulated Services (DERS) has announced default electric rates for March 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 March is approximately 25% lower than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $20.15 or 5% decrease 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		10.870	2.506	13.376
Commercial		10.812	2.395	13.207
Industrial		10.519	1.845	12.364
Farm		10.720	2.928	13.648
Irrigation		10.382	0.000	10.382
Oil & Gas		10.457	5.436	15.893
Lighting		8.195	1.970	10.165
Farm - REA
	Beaver REA	10.720	2.939	13.659
	Borradaile REA	10.720	3.407	14.127
	Braes REA	10.720	2.844	13.564
	Claysmore REA	10.720	3.862	14.582
	Devonia REA	10.720	2.935	13.655
	Heart River REA	10.720	2.031	12.751
	Kneehill REA	10.720	2.902	13.622
	Mackenzie REA	10.720	2.386	13.106
	Myrnam REA	10.720	2.492	13.212
	Zawale REA	10.720	2.008	12.728

Estefania Joy
Direct Energy Regulated Services
832-588-3634
[email protected]

Source: Direct Energy Regulated Services

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