Direct Energy announces rate increase for May 2012
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
Europe's Worst Energy Nightmare Is Becoming Reality
PARIS - As Russian gas cutoffs upend European energy security, the continent is struggling to cope with what experts say is one of its worst-ever energy crises—and it could still get much worse.
For months, European leaders have been haunted by the prospect of losing Russia’s natural gas supply, which accounts for some 40 percent of European imports and has been a crucial energy lifeline for the continent. That nightmare is now becoming a painful reality as Moscow slashes its flows in retaliation for Europe’s support for Ukraine, dramatically increasing energy prices and forcing many countries to resort to emergency plans,…
