Media Advisory/Interview Opportunity - Direct Energy Available to Comment on Rising Residential Gas Prices in Ontario

    TORONTO, June 20 /CNW/ -

    What:  Residential natural gas costs will rise in Ontario this summer,
    with the Ontario Energy Board today announcing net utility rate
    increases of up to 45 per cent. The hikes coincide with increased
    prices at the pumps, airline tickets and other commodities being
    driven by the sky high price of oil.

    While customers don't have the power to change the factors that
    influence market prices - including weather, supply and demand -
    they do have choices in how they buy their natural gas. Instead of
    being forced to roll the dice and hope for the best, Ontario's
    open, competitive natural gas market means consumers can sign a
    contract for a stable price so they will know exactly how much
    they'll be charged for the gas they use, each and every month.
    Many customers have saved over time by choosing a plan with a
    stable price - those who renewed their natural gas plans with
    Direct Energy between 2004 and 2007 have saved an average of
    nearly $550.

    Who:   Clinton Roeder, Senior Vice President, Energy Services with Direct
    Energy, is available to discuss:

    -  Causes of upward pressure on Ontario's gas prices for the years

    -  How long term contracts can help consumers manage fluctuating
    gas prices;

    -  How a competitive energy market drives innovation, service and
    long-term investment in infrastructure.

    When:  Clinton Roeder is available to comment on the above. Please
    contact Alison Mullen at 416-355-7421 or alison.mullen@ to schedule a time.

For further information:

For further information: Alison Mullen at (416) 355-7421 or to schedule a time

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