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Direct Energy Regulated Services Announces Natural Gas Rates for June 2014

Alberta (June 1, 2014) - Direct Energy Regulated Services has announced default natural gas rates for June 2014. 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 June regulated natural gas rate is increasing from the May rate of $2.748 per GJ to $3.847 per GJ.
  • This rate reflects a market price for June supplies of approximately $4.289 per GJ as reported by the NGX, and incorporates an adjustment of (0.442) per GJ for May and prior months.
  • The typical residential gas bill for June based on an average 3 GJ of consumption would be approximately $65 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 June regulated natural gas rate is decreasing from the May rate of $3.915 per GJ to $2.730 per GJ.
  • This rate reflects a market price for June supplies of approximately $4.289 per GJ as reported by the NGX, and incorporates an adjustment of ($1.559) per GJ for May and prior months.
  • The typical residential gas bill for May based on an average 3 GJ of consumption would be approximately $49 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.

For further information, please contact:
Jeff Lanthier
Manager, External Relations
Direct Energy RegulatedServices
Jeff.Lanthier@directenergy.com
905-943-6260


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