Direct Energy Regulated Services Announces Natural Gas Rates for May 2022

CALGARY, AB, April 28, 2022 /CNW/ - Direct Energy Regulated Services has announced default natural gas rates for May 2022. 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 May regulated natural gas rate is increasing from the April rate of $5.281 per GJ to $6.399 per GJ.
• This rate reflects a market price for May supplies of approximately $5.775 per GJ as reported by the NGX, and incorporates an adjustment of $0.624 per GJ for April and prior months.
• The typical residential gas bill for May based on an average 6 GJ of consumption would be approximately $133 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 May regulated natural gas rate is increasing from the April rate of $5.281 per GJ to $6.399 per GJ.
• This rate reflects a market price for May supplies of approximately $5.775 per GJ as reported by the NGX, and incorporates an adjustment of $0.624 per GJ for April and prior months.
• The typical residential gas bill for May based on an average 6 GJ of consumption would be approximately $119 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

Estefania Joy, Direct Energy, Communications Specialist, Cell: 1-832-588-3634, [email protected]