Back to list Service & repair Jul 31, 2013 23:00 Direct Energy Regulated Services Announces Natural Gas Rates for August 2013 August 1, 2013 - Direct Energy Regulated Services has announced default natural gas rates for August 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 August regulated natural gas rate is decreasing from the July rate of $1.854 per GJ to $1.778 per GJ. This rate reflects a market price for August supplies of approximately $2.762 per GJ as reported by the NGX, and incorporates an adjustment of -$0.984 per GJ for July and prior months. The typical residential gas bill for August 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 April regulated natural gas rate is increasing from the March rate of $2.844 per GJ to $3.472 per GJ. For customers in the ATCO Gas South service territory, the August regulated natural gas rate is decreasing from the July rate of $2.926 per GJ to $2.054 per GJ. This rate reflects a market price for August supplies of approximately $2.762 per GJ as reported by the NGX, and incorporates an adjustment of -$0.708 per GJ for July and prior months. The typical residential gas bill for August based on an average 2 GJ of consumption would be approximately $45 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