August 31, 2016 - 5:28 PM EDT
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Direct Energy Regulated Services Announces Natural Gas Rates for September 2016

Direct Energy Regulated Services Announces Natural Gas Rates for September 2016

Canada NewsWire

CALGARY, Alberta, Aug. 31, 2016 /CNW/ -- Direct Energy Regulated Services has announced default natural gas rates for September 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 September regulated natural gas rate is decreasing from the August rate of $2.364 per GJ to $2.351 per GJ.
  • This rate reflects a market price for September supplies of approximately $2.191 per GJ as reported by the NGX, and incorporates an adjustment of $0.16 per GJ for August and prior months.
  • The typical residential gas bill for September based on an average 5 GJ of consumption would be approximately $67 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 September regulated natural gas rate is decreasing from the August rate of $2.364 per GJ to $2.351 per GJ.
  • This rate reflects a market price for September supplies of approximately $2.191 per GJ as reported by the NGX, and incorporates an adjustment of $0.16 per GJ for August and prior months.
  • The typical residential gas bill for September based on an average 5 GJ of consumption would be approximately $62 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

Wendy Tynan, Manager, Public Affairs - Canada, Direct Energy Regulated Services, 403-776-2206, wendy. tynan@directenergy.com, http://www.directenergy.comCopyright CNW Group 2016


Source: Canada Newswire (August 31, 2016 - 5:28 PM EDT)

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