Direct Energy Regulated Services Announces Natural Gas Rates for November 2016

CALGARY, Alberta, Oct. 31, 2016 /CNW/ -- Direct Energy Regulated Services has announced default natural gas rates for November 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 November regulated natural gas rate is increasing from the October rate of $2.659 per GJ to $3.303 per GJ.
• This rate reflects a market price for November supplies of approximately $2.942 per GJ as reported by the NGX, and incorporates an adjustment of $0.361 per GJ for October and prior months.
• The typical residential gas bill for November based on an average 14 GJ of consumption would be approximately $132 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 November regulated natural gas rate is increasing from the October rate of $2.659 per GJ to $3.303 per GJ.
• This rate reflects a market price for November supplies of approximately $2.942 per GJ as reported by the NGX, and incorporates an adjustment of $0.361 per GJ for October and prior months.
• The typical residential gas bill for November based on an average 14 GJ of consumption would be approximately $125 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 Regulated Services

Wendy Tynan, Manager, Public Affairs, Direct Energy Regulated Services, 403-776-2206, wendy. [email protected], http://www.directenergy.com