Direct Energy announces rate increase for May 2012
CALGARY, Alberta - - Direct Energy Regulated Services has announced default natural gas rates starting May 2012. 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 May regulated natural gas rate is decreasing from the April rate of $1.594 per giga-joule GJ to $1.448 per GJ.
This rate reflects a market price for May supplies of approximately $1.520 per GJ as reported by the NGX, and incorporates an adjustment of $0.072 per GJ for April and prior months.
The typical residential gas bill for May based on an average 6 GJ of consumption would be approximately $64 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 May regulated natural gas rate is decreasing from the April rate of $1.700 per GJ to $1.331 per GJ.
This rate reflects a market price for May supplies of approximately $1.520 per GJ as reported by the NGX, and incorporates an adjustment of $0.189 per GJ for April and prior months.
The typical residential gas bill for April based on an average 6 GJ of consumption would be approximately $49 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.
Related News

Revenue from Energy Storage for Microgrids to Total More Than $22 Billion in the Next Decade
NEW YORK - A new report from Navigant Research examines the global market for energy storage for microgrids (ESMG), providing an analysis of trends and market dynamics, with forecasts for capacity and revenue that extend through 2026.
Interest in energy storage-enabled microgrids is growing alongside an increase in solar PV and wind deployments. Although not required for microgrids to operate, energy storage systems (ESSs) have emerged as an increasingly valuable component of distributed energy networks because of their ability to effectively integrate renewable generation.
“There are several key drivers resulting in the growth of energy storage-enabled microgrids globally, including the desire to…