Direct Energy Regulated Services Announces Natural Gas Rates for February 2018

CALGARY, Alberta, Jan. 31, 2018 /CNW/ - Direct Energy Regulated Services has announced default natural gas rates for February 2018. 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 increasing from the January rate of $1.911 per GJ to $2.328 per GJ.
• This rate reflects a market price for February supplies of approximately $1.862 per GJ as reported by the NGX, and incorporates an adjustment of $0.466 per GJ for January and prior months.
• The typical residential gas bill for February based on an average 16 GJ of consumption would be approximately $151 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 $1.911 per GJ to $2.328 per GJ.
• This rate reflects a market price for February supplies of approximately $1.862 per GJ as reported by the NGX, and incorporates an adjustment of $0.466 per GJ for January and prior months.
• The typical residential gas bill for February based on an average 16 GJ of consumption would be approximately $131 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.

SOURCE Direct Energy

Wendy Tynan, Manager, Public Affairs, Direct Energy Regulated Services, 403-776-2206, wendy. [email protected]