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 January 29, 2016 - 7:09 PM EST
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Direct Energy Regulated Services Announces Natural Gas Rates for February 2016

Direct Energy Regulated Services Announces Natural Gas Rates for February 2016

Canada NewsWire

HOUSTON, Jan. 29, 2016 /CNW/ -- Direct Energy Regulated Services has announced default natural gas rates for February 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.

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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 $2.004 per GJ to $2.97 per GJ.
  • This rate reflects a market price for February supplies of approximately $2.237 per GJ as reported by the NGX, and incorporates an adjustment of $0.733 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 $129 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 $2.004 per GJ to $2.97 per GJ.
  • This rate reflects a market price for February supplies of approximately $2.237 per GJ as reported by the NGX, and incorporates an adjustment of $0.733 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 $124 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, Jessica.Michan@directenergy.com, http://www.directenergy.comCopyright CNW Group 2016


Source: Canada Newswire (January 29, 2016 - 7:09 PM EST)

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