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Direct Energy Regulated Services Announces Natural Gas Rates for August 2018

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Direct Energy Regulated Services Announces Natural Gas Rates for August 2018

Canada NewsWire

CALGARY, July 31, 2018 /CNW/ - Direct Energy Regulated Services has announced default natural gas rates for August 2018. 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.

Direct Energy Regulated Services (CNW Group/Direct Energy Regulated Services)

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 August regulated natural gas rate is decreasing from the July rate of $1.485 per GJ to $1.16 per GJ.
  • This rate reflects a market price for August supplies of approximately $1.305 per GJ as reported by the NGX, and incorporates an adjustment of $-0.145 per GJ for July and prior months.
  • The typical residential gas bill for August based on an average 2 GJ of consumption would be approximately $56 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 August regulated natural gas rate is decreasing from the July rate of $1.485 per GJ to $1.16 per GJ.
  • This rate reflects a market price for August supplies of approximately $1.305 per GJ as reported by the NGX, and incorporates an adjustment of $-0.145 per GJ for July and prior months.
  • The typical residential gas bill for August 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 Alberta government's customer choice website at: www.ucahelps.gov.ab.ca.

SOURCE Direct Energy Regulated Services

View original content with multimedia: http://www.newswire.ca/en/releases/archive/July2018/31/c4619.html

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