Direct Energy Regulated Services Announces Natural Gas Rates for July 2013

July 1, 2013 - Direct Energy Regulated Services has announced default natural gas rates for July 2013. 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 $4.594 per GJ to $1.854 per GJ.
• This rate reflects a market price for July supplies of approximately $3.160 per GJ as reported by the NGX, and incorporates an adjustment of -$1.306 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 $57 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 $4.289 per GJ to $2.926 per GJ.
• This rate reflects a market price for July supplies of approximately $3.160 per GJ as reported by the NGX, and incorporates an adjustment of -$0.234 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 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:
Jeff Lanthier
Manager, External Relations
Direct Energy Regulated Services
1-905-943-6260
Jeff.Lanthier@directenergy.com