Direct Energy Regulated Services Announces Natural Gas Rates for March 2015

CALGARY, Alberta, March 3, 2015 /CNW/ -- Direct Energy Regulated Services has announced default natural gas rates for March 2015. 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 March regulated natural gas rate is increasing from the February rate of $2.461 per GJ to $2.680 per GJ.
  • This rate reflects a market price for March supplies of approximately $2.651 per GJ as reported by the NGX, and incorporates an adjustment of $0.229 per GJ for February and prior months.
  • The typical residential gas bill for March based on an average 15 GJ of consumption would be approximately $114 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 March regulated natural gas rate is increasing from the February rate of $2.608 per GJ to $2.970 per GJ.
  • This rate reflects a market price for March supplies of approximately $2.651 per GJ as reported by the NGX, and incorporates an adjustment of $0.319 per GJ for February and prior months.
  • The typical residential gas bill for March based on an average 15 GJ of consumption would be approximately $114 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 Regulated Services

For further information: Jessica Michan, Manager, External Relations, Direct Energy Regulated Services, 713-904-7455, Jessica.Michan@directenergy.com, http://www.ucahelps.gov.ab.ca


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