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Direct Energy owns and operates approximately 4,600 natural gas wells in Alberta, most recently acquiring natural gas assets from Suncor Energy and Shell Canada. [ 10 ] The company’s new strategy calls for increased investment in North America, specifically to grow its upstream asset cover to 35-40%; it also plans to grow its downstream ...
By November 2022, Direct Energy's residential monthly regulated rate option (RRO) increased to 17.597 cents/kWh from 10.483 cents in November 2021, while the Enmax RRO increased 10.66 to 18.245 cents from the same time period. [14] Prices reach record highs in December with predictions of even higher prices in early 2023. [16]
RROs can change monthly. AUC regulates the five investor- and municipally-owned companies that they approved to provide the Regulated Rate Option (RRO) service to Albertans—AltaGas Utilities, City of Lethbridge, Direct Energy Regulated Services (DERS), ENMAX Power. [36]
Alberta collected $2 billion in oil sands royalties in the post-2009 period with the new rate of 20%. [5] The Alberta government announced on March 11, 2010, that royalty rates effective in January 2011, would be rolled back cutting the maximum rate for conventional oil from 50% to 40% of revenues and cutting the maximum rate for natural gas ...
ENMAX Energy Corporation (EEC) is the generation and energy retail services arm of ENMAX that offers electricity, natural gas, distributed energy resource solutions and customer care services to customers throughout Alberta. Enmax Energy also carries out retail energy supply and related functions for the Calgary Regulated Rate Option (RRO).
They are not responsible for wildfires in Hawaii or Chile—and painting your roof blue won’t protect you from them.
ATCO - based in Edmonton, Alberta [1] AltaGas - based in Calgary, Alberta; Anderson; Canadian Natural Resources - based in Calgary; Dejour Energy - based in British Columbia; Direct Energy - formerly based in Toronto and now based in Houston, Texas; Enbridge - based in Calgary: acquired Consumers' Gas Company from British Gas
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