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Direct Energy Regulated Services Announces Natural Gas Rates for November 2014

Direct Energy Regulated Services Announces Natural Gas Rates for November 2014

Houston, TX (October 27, 2014) - Direct Energy Regulated Services has announced default natural gas rates for November 2014. 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 November regulated natural gas rate is decreasing from the October rate of $4.149 per GJ to $3.686 per GJ.
  • This rate reflects a market price for November supplies of approximately $3.577 per GJ as reported by the NGX, and incorporates an adjustment of $0.109 per GJ for October and prior months.
  • The typical residential gas bill for November based on an average 14 GJ of consumption would be approximately $126 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 November regulated natural gas rate is decreasing from the October rate of $4.180 per GJ to $3.683 per GJ.
  • This rate reflects a market price for November supplies of approximately $3.577 per GJ as reported by the NGX, and incorporates an adjustment of $0.106 per GJ for October and prior months.
  • The typical residential gas bill for November based on an average 14 GJ of consumption would be approximately $121 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:
Micah Hirschfield
Direct Energy
Micah.Hirschfield@directenergy.com
713-877-3805


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