Direct Energy Regulated Services Announces Natural Gas Rates for July 2012

(June 29th 2012) - Direct Energy Regulated Services has announced default natural gas rates for July 2012. These rates will apply to customers who have not chosen a competitive supplier within the ATCO Gas North and South service territories. The rates have been verified by the Alberta Utilities Commission.

North Service Territory

The North territory includes customers living in and north of the City of Red Deer.

• For customers in the ATCO Gas North service territory, the July regulated natural gas rate is decreasing from the June rate of $2.765 per GJ to $2.097 per GJ.
• This rate reflects a market price for July supplies of approximately $1.898 per GJ as reported by the NGX, and incorporates an adjustment of $0.199 per GJ for June and prior months.
• The typical residential gas bill for July based on an average 2 GJ of consumption would be approximately $47 in the North.

South Service Territory

The South territory includes customers living south of the City of Red Deer.

• For customers in the ATCO Gas South service territory, the July regulated natural gas rate is decreasing from the June rate of $2.748 per GJ to $2.210 per GJ.
• This rate reflects a market price for June supplies of approximately $1.898 per GJ as reported by the NGX, and incorporates an adjustment of $0.312 per GJ for June and prior months.
• The typical residential gas bill for July based on an average 2 GJ of consumption would be approximately $38 in the South.

Further information on regulated gas supply and a complete list of competitive retailers can be found on the Alberta government's customer choice website at: www.ucahelps.gov.ab.ca.

For further information, please contact:

Emily Richardson
Public Relations
Direct Energy Regulated Services
1-416-758-8979
Emily.Richardson@directenergy.com