Direct Energy Regulated Services Announces Electric Rates for August 2023
CALGARY, Alberta, Aug. 02, 2023 (GLOBE NEWSWIRE) — Direct Energy Regulated Services (DERS) has announced default electric rates for August 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 have been verified and approved by the Alberta Utilities Commission.
The energy rate for August is approximately 22% higher than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $32.80 or 9% increase in the total amount of their bill compared to last month.
Market Cost of Electricity
|Price of Electricity Including Recovery Charge (cents/kWh)|
|Farm (Includes REA)||29.632||3.667||33.299|
|Oil & Gas||28.349||2.547||30.896|
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 .