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Direct Energy Regulated Services Announces Natural Gas Rates For February

Calgary, AB (1/28/2011) - Direct Energy Regulated Services has announced default natural gas rates for February 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 February regulated natural gas rate is decreasing from the January rate of $3.937 per GJ to $3.850 per GJ.
  • This rate reflects a market price for February supplies of approximately $3.769 per GJ as reported by the NGX, and incorporates an adjustment of $0.081 per GJ for January and prior months.
  • The typical residential gas bill for February based on an average 17 GJ of consumption would be approximately $138 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 February regulated natural gas rate is increasing from the January rate of $2.881 per GJ to $4.211 per GJ.
  • This rate reflects a market price for February supplies of approximately $3.769 per GJ as reported by the NGX, and incorporates an adjustment of 0.442 per GJ for January and prior months.
  • The typical residential gas bill for February based on an average 17 GJ of consumption would be approximately $147 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


About Direct Energy

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 additional information, contact:

Lynzey MacRae
Public Relations
Direct Energy Regulated Services
1-403-776-2316
lynzey.macrae@directenergy.com


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