Direct Energy Regulated Services Announces Electric Rates For June 2024

(MENAFN- GlobeNewsWire - Nasdaq) CALGARY, Alberta, June 06, 2024 (GLOBE NEWSWIRE) -- Direct Energy Regulated Services (DERS) has announced default electric rates for June 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 June is approximately 6% higher than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $0.50 or 0% 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	8.158	3.244	11.402
Commercial	8.155	3.132	11.287
Industrial	7.909	2.202	10.111
Farm	8.115	5.799	13.914
Irrigation	7.772	0.000	7.772
Oil & Gas	7.850	8.186	16.036
Lighting	5.295	3.707	9.002
Farm - REA
	Beaver REA	8.115	5.524	13.639
Borradaile REA	8.115	5.463	13.578
Braes REA	8.115	5.538	13.653
Claysmore REA	8.115	6.578	14.693
Devonia REA	8.115	5.499	13.614
Heart River REA	8.115	3.816	11.931
Kneehill REA	8.115	4.961	13.076
Mackenzie REA	8.115	4.254	12.369
Myrnam REA	8.115	4.390	12.505
Zawale REA	8.115	3.682	11.797

CONTACT: Estefania Joy Direct Energy Regulated Services 832-588-3634 ...

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