January 31, 2019 - 9:20 PM EST
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Direct Energy Regulated Services Announces Natural Gas Rates for February 2019

Canada NewsWire

CALGARY, Jan. 31, 2019 /CNW/ - Direct Energy Regulated Services has announced default natural gas rates for February 2019. 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.

Direct Energy Regulated Services (CNW Group/Direct Energy Regulated Services)

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 $1.515 per GJ to $1.99 per GJ.
  • This rate reflects a market price for February supplies of approximately $1.724 per GJ as reported by the NGX, and incorporates an adjustment of $0.266 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 $147 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 $1.515 per GJ to $1.99 per GJ.
  • This rate reflects a market price for February supplies of approximately $1.724 per GJ as reported by the NGX, and incorporates an adjustment of $0.266 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 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

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2019/31/c2746.html

Wendy Tynan, Sr Manager, Corporate Affairs Direct Energy Regulated Services 403-776-2206, wendy.tynan@directenergy.comCopyright CNW Group 2019


Source: Canada Newswire (January 31, 2019 - 9:20 PM EST)

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