Direct Energy Regulated Services Announces Natural Gas Rates for July 2015

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July 02:

CALGARY, Alberta, July 2, 2015 /CNW/ -- Direct Energy Regulated Services has announced default natural gas rates for July 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 July regulated natural gas rate is decreasing from the June rate of $3.471 per GJ to $1.822 per GJ. 

This rate reflects a market price for July supplies of approximately $2.451 per GJ as reported by the NGX, and incorporates an adjustment of $(0.629) 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 $51 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 decreasing from the June rate of $3.741 per GJ to $2.133 per GJ.

This rate reflects a market price for July supplies of approximately $2.451 per GJ as reported by the NGX, and incorporates an adjustment of $(0.318) 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 Albertagovernment's customer choice website at: www.ucahelps.gov.ab.ca.

Source: http://www.newswire.ca/en/story/1565329/direct-energy-regulated-services-announces-natural-gas-rates-for-july-2015?

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