Understand Direct Energy Regulated Services
Direct Energy Regulated Services is the regulated business of Direct Energy that offers only regulated rates on supply. To qualify for Direct Energy Regulated Services you must live within a service area where the business offers regulated rates. ATCO, for example, is a utility in Alberta that does not offer the residents and business owners within its territory regulated rates for electricity and natural gas. Instead, the utility works directly with Direct Energy so customers can receive regulated energy through Direct Energy Regulated Services.
Most utility companies offer regulated energy rates on supply. Regulated rates are reviewed and passed by the Alberta Utilities Commission. This board aims to approve rates that appropriately reflect the market value of electricity and natural gas to ensure customers are not being charged more than they should be. Whether you run a business or own a home, you automatically receive regulated rates for electricity and natural gas from the utility company or regulated rate supplier servicing your area unless you choose otherwise.
Alberta deregulation lets you choose
Although regulated energy rates are available to you, most Alberta residents are not in a position where these rates are the sole option for electricity and natural gas. In Alberta, deregulation has changed the way energy is perceived and purchased and this has affected the market. Alberta deregulation welcomed competitive retailers into the energy market and allowed competitive retailers to work with utility companies to offer supply for electricity and natural gas in Alberta. Deregulation encouraged consumers to explore their options and has caused prices for supply to become competitive.
Deregulation lets you decide who will supply your home, small or large business or commercial site with electricity and natural gas. To make an informed decision, thoroughly examine your options. You may discover retailers or your regulated-rate supplier offer great plans and rates on supply.
Direct Energy retail services
Direct Energy is a separate entity from Direct Energy Regulated Services. Direct Energy is the retail company that sells electricity and natural gas supply to consumers in deregulated communities. If you live in a service area where your utility connects you with Direct Energy Regulated Services’ regulated energy rates, you can choose Direct Energy Regulated Services’ regulated rates, rates from Direct Energy’s retail branch or rates from an alternative retail supplier.
Shopping around will benefit you
Exploring your options can have many immediate and long-term benefits. After some initial shopping around you’ll realize if switching to a different supplier is the right move for you. You’ll discover if secured rates or floating rates work well with your energy needs or whether regulated rates are the best move for you. Shopping the market can also help you find the rates on electricity and natural gas supply that are what you’re looking for. All in all, shopping around can only benefit you, whether it be now or later.
Your utility distributes supply
If your utility works similarly to ATCO where Direct Energy Regulated Services is your regulated option for supply, your utility company will still control delivering your commodity. Even though the utility is not in charge of providing your home or business with supply, it operates the infrastructure that makes delivery possible. Therefore, you will need to be in communication with your utility company if an electrical or gas related emergency occurs.
Source: www.directenergyregulatedservices.com Updated: 2-28-15.