Direct Energy Regulated Services Announces Natural Gas Rates for April 2016

HOUSTON, March 31, 2016 /CNW/ -- Direct Energy Regulated Services has announced default natural gas rates for April 2016. 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 April regulated natural gas rate is decreasing from the March rate of $2.165 per GJ to $0.862 per GJ.
• This rate reflects a market price for April supplies of approximately $1.275 per GJ as reported by the NGX, and incorporates an adjustment of $-0.413 per GJ for March and prior months.
• The typical residential gas bill for April based on an average 9 GJ of consumption would be approximately $70 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 decreasing from the March rate of $2.165 per GJ to $0.862 per GJ.
• This rate reflects a market price for April supplies of approximately $1.275 per GJ as reported by the NGX, and incorporates an adjustment of $-0.413 per GJ for March and prior months.
• The typical residential gas bill for April based on an average 9 GJ of consumption would be approximately $65 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.

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SOURCE Direct Energy

Jessica Michan, Manager, External Relations, Direct Energy Regulated Services, 713-904-7455, [email protected], http://www.directenergy.com