Direct Energy Regulated Services Announces Natural Gas Rates for January 2015

CALGARY, Alberta, Jan. 2, 2015 /CNW/ -- Direct Energy Regulated Services has announced default natural gas rates for January 2015. 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 January regulated natural gas rate is decreasing from the December rate of $4.182 per GJ to $3.335 per GJ.
• This rate reflects a market price for January supplies of approximately $3.363 per GJ as reported by the NGX, and incorporates an adjustment of -$0.027 per GJ for December and prior months.
• The typical residential gas bill for January based on an average 20 GJ of consumption would be approximately $148 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 January regulated natural gas rate is decreasing from the December rate of $4.184 per GJ to $3.106 per GJ.
• This rate reflects a market price for January supplies of approximately $3.363 per GJ as reported by the NGX, and incorporates an adjustment of -$0.257 per GJ for December and prior months.
• The typical residential gas bill for January based on an average 20 GJ of consumption would be approximately $132 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 Regulated Services

Micah Hirschfield, Director, External Relations, Direct Energy Regulated Services, 713-877-3805, [email protected]