June 29, 2018 - 11:54 AM EDT
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Direct Energy Regulated Services Announces Natural Gas Rates for July 2018

Canada NewsWire

CALGARY, June 29, 2018 /CNW/ - Direct Energy Regulated Services has announced default natural gas rates for July 2018. 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 July regulated natural gas rate is increasing from the June rate of $0.544 per GJ to $1.485 per GJ.
  • This rate reflects a market price for July supplies of approximately $1.52 per GJ as reported by the NGX, and incorporates an adjustment of $-0.035 per GJ for June and prior months.
  • The typical residential gas bill for July based on an average 2 GJ of consumption would be approximately $56 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 July regulated natural gas rate is increasing from the June rate of $0.544 per GJ to $1.485 per GJ.
  • This rate reflects a market price for July supplies of approximately $1.52 per GJ as reported by the NGX, and incorporates an adjustment of $-0.035 per GJ for June and prior months.
  • The typical residential gas bill for July based on an average 2 GJ of consumption would be approximately $47 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 with multimedia: http://www.newswire.ca/en/releases/archive/June2018/29/c5961.html

Wendy Tynan, Manager, Public Affairs, Direct Energy Regulated Services, 403-776-2206, [email protected] CNW Group 2018


Source: Canada Newswire (June 29, 2018 - 11:54 AM EDT)

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