Trade Resources Market View Direct Energy Regulated Services Has Announced Default Natural Gas Rates for December 2013

Direct Energy Regulated Services Has Announced Default Natural Gas Rates for December 2013

Direct Energy Regulated Services has announced default natural gas rates for December 2013. 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 December regulated natural gas rate is decreasing from the November rate of $3.721 per GJ to $3.301 per GJ.

This rate reflects a market price for December supplies of approximately $3.179 per GJ as reported by the NGX, and incorporates an adjustment of $0.122 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 $156 in the North.

For customers in the ATCO Gas South service territory, the December regulated natural gas rate is decreasing from the November rate of $3.685 per GJ to $3.294 per GJ.

This rate reflects a market price for December supplies of approximately $3.179 per GJ as reported by the NGX, and incorporates an adjustment of $0.115 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.

Source: http://www.youroilandgasnews.com/news_item.php?newsID=96767
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Direct Energy Regulated Services Announces Natural Gas Rates for December 2013
Topics: Metallurgy