Direct Energy Regulated Services filed an application requesting approval of an energy price setting plan for the term of May 1, 2018 to April 30, 2020. The energy price setting plan sets out how Direct Energy Regulated Services will procure electricity from the wholesale market and combine energy costs with risk compensation, profit margin and other costs into the monthly electricity rate billed to customers on the regulated rate option (RRO) in ATCO Electric service territory.
Direct Energy Regulated Services is proposing to continue with most of the procurement protocol approved in Decision 21295-D01-2017 with the exception of proposing a new methodology to calculate risk compensation.
Regulated rate providers such as Direct Energy Regulated Services, are required to file monthly energy rates with the Commission. The monthly energy rates are determined in accordance with the energy price setting plans approved by the Commission and applicable legislation.
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