Direct Energy Regulated Services Announces Natural Gas Rates For December

Calgary, Alberta (11/30/2011) - Direct Energy Regulated Services has announced default natural gas rates for December 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 December regulated natural gas rate is unchanged from the November rate of $3.299 per GJ.
• This rate reflects a market price for December supplies of approximately $3.206 per GJ as reported by the NGX, and incorporates an adjustment of $0.093 per GJ for November and prior months.
• The typical residential gas bill for December based on an average 18 GJ of consumption would be approximately $143 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 December regulated natural gas rate is increasing from the November rate of $3.311 per GJ to $3.362 per GJ.
• This rate reflects a market price for December supplies of approximately $3.206 per GJ as reported by the NGX, and incorporates an adjustment of $0.156 per GJ for November and prior months.
• The typical residential gas bill for December based on an average 18 GJ of consumption would be approximately $130 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:

Emily Richardson
Public Relations
Direct Energy Regulated Services
1-416-758-8979
Emily.Richardson@directenergy.com