Direct Energy Regulated Services Announces Electric Rates for May 2024
Tweet
Share
E-mailCALGARY, Alberta, April 30, 2024 (GLOBE NEWSWIRE) -- Direct Energy Regulated Services (DERS) has announced default electric rates for May 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 May is approximately 25% lower than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $19.46 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 | 7.655 | 3.146 | 10.801 | |
| Commercial | 7.602 | 2.977 | 10.579 | |
| Industrial | 7.404 | 2.081 | 9.485 | |
| Farm | 7.588 | 4.898 | 12.486 | |
| Irrigation | 7.303 | 0.000 | 7.303 | |
| Oil & Gas | 7.357 | 6.265 | 13.622 | |
| Lighting | 5.245 | 3.162 | 8.407 | |
| Farm - REA | ||||
| Beaver REA | 7.588 | 4.662 | 12.250 | |
| Borradaile REA | 7.588 | 4.821 | 12.409 | |
| Braes REA | 7.588 | 4.414 | 12.002 | |
| Claysmore REA | 7.588 | 5.708 | 13.296 | |
| Devonia REA | 7.588 | 4.391 | 11.979 | |
| Heart River REA | 7.588 | 3.246 | 10.834 | |
| Kneehill REA | 7.588 | 4.507 | 12.095 | |
| Mackenzie REA | 7.588 | 3.723 | 11.311 | |
| Myrnam REA | 7.588 | 3.991 | 11.579 | |
| Zawale REA | 7.588 | 3.091 | 10.679 | |
Estefania Joy Direct Energy Regulated Services 832-588-3634 [email protected]Source: Direct Energy Regulated Services
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- CZR Foundation Publishes $CZR Public Roadmap Through 2027 Ahead of October 1 Launch
- Best Crypto to Buy Now: Remittix, Solana, and Cardano After $6 Billion in New Futures Bets
- Remittix Listing Date Approaches Reveal: Why RTX Could Be Nearing a Major Catalyst
Create E-mail Alert Related Categories
Globe Newswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
