Direct Energy announces rate increase for May 2012

subscribe

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

solar panels

Californians Learning That Solar Panels Don't Work in Blackouts

SAN FRANCISCO - Californians have embraced rooftop solar panels more than anyone in the U.S., but many are learning the hard way the systems won’t keep the lights on during blackouts.

That’s because most panels are designed to supply power to the grid -- not directly to houses. During the heat of the day, solar systems can crank out more juice than a home can handle. Conversely, they don’t produce power at all at night. So systems are tied into the grid, and the vast majority aren’t working this week as PG&E Corp. cuts power to much of Northern California to…

READ MORE
net zero

Net-zero roadmap can cut electricity costs by a third in Germany - Wartsila

READ MORE

hydro one

Hydro One extends ban on electricity disconnections until further notice

READ MORE

aps logo

APS asks customers to conserve energy after recent blackouts in California

READ MORE

NT Power

NT Power Penalized $75,000 for Delayed Disconnection Notices

READ MORE