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Direct Energy Regulated Services Announces Natural Gas Rates for October

Calgary, AB (9/30/2011) - Direct Energy Regulated Services has announced default natural gas rates for October 2011. 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 October regulated natural gas rate is increasing from the August rate of $3.343 per GJ to $3.599 per GJ.
  • This rate reflects a market price for October supplies of approximately $3.454 per GJ as reported by the NGX, and incorporates an adjustment of $0.145 per GJ for September and prior months.
  • The typical residential gas bill for October based on an average 9 GJ of consumption would be approximately $99 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 October regulated natural gas rate is increasing from the September rate of $3.323 per GJ to $3.670 per GJ.
  • This rate reflects a market price for October supplies of approximately $3.454 per GJ as reported by the NGX, and incorporates an adjustment of $0.216 per GJ for September and prior months.
  • The typical residential gas bill for September based on an average 9 GJ of consumption would be approximately $88 in the South.

About Direct Energy Regulated Services

Direct Energy is one of North America's largest energy and energy-related services providers with over five million residential and commercial customer relationships. Direct Energy provides customers with choice and support in managing their energy costs through a portfolio of innovative products and services. A subsidiary of Centrica plc (LSE: CNA), one of the world's leading integrated energy companies, Direct Energy operates in 46 US states plus the District of Columbia and 10 provinces in Canada.

For further information, please contact:

Crystal Jongeward
Direct Energy Regulated Services
1-416-590-3248
crystal.jongeward@directenergy.com


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