Wednesday, 30 November 2011 10:22

Direct Energy Rates for Alberta announced Wednesday

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Direct Energy Regulated Services has announced default natural gas rates for December 2011. 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.


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 December
    regulated natural gas rate is increasing from the November rate of
    $3.311 per GJ to $3.362 per GJ.
   
   
-  This rate reflects a market price for December supplies of approximatelym$3.206 per GJ as reported by the NGX, and incorporates an adjustment of  $0.156 per GJ for November and prior months. 
   
   
-  The typical residential gas bill for December based on an average 18 GJ  of consumption would be approximately $130 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: http://www.ucahelps.gov.ab.ca/.

In the South Service Territory, how will a typical bill this month compare to previous months based on 18 GJs?
-  December 2011, a typical residential bill will be $130.
   
-  December 2010, a typical residential bill was $154.
   
-  November 2011 (based on 15 GJ), a typical residential bill was $110.
 
How does this month's rate compare to previous months?
The graph below shows regulated natural gas rates each month for the past year.
To view this graph, please visit the following link: http://media3.marketwire.com/docs/DecemberRegulated.pdf.

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