Direct Energy Regulated Services Announces Electric Rates for December 2023

by · Financial Post

CALGARY, Alberta, Dec. 04, 2023 (GLOBE NEWSWIRE) — Direct Energy Regulated Services (DERS) has announced default electric rates for December 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 has been verified and approved by the Alberta Utilities Commission.

The energy rate for December is approximately 4% higher than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $7.94 or 3% 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)
Residential18.8121.90420.716
Commercial18.5482.13820.686
Industrial18.0721.69219.764
Farm18.5052.02420.529
Irrigation17.7670.00017.767
Oil & Gas17.9902.28220.272
Lighting15.7901.28917.079
Farm – REA   
 Beaver REA18.5052.040
 
20.545
Borradaile REA18.5052.784
 
21.289
Braes REA18.5052.12720.632
Claysmore REA18.5052.68921.194
Devonia REA18.5052.37920.884
Heart River REA18.5051.47519.98
Kneehill REA18.5052.12820.633
Mackenzie REA18.5051.75920.264
Myrnam REA18.5051.47219.977
Zawale REA18.5051.33719.842