CALGARY, Alberta, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Direct Energy Regulated Services has announced default natural gas rates for October 2024. 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 October regulated natural gas rate is decreasing from the September rate of $0.848 per GJ to $0.627 per GJ.

•           This rate reflects a market price for October supplies of approximately $0.583 per GJ, as reported by the NGX, and incorporates an adjustment of $0.044 per GJ for September and prior months.

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•           The typical residential gas bill for October, based on an average 9 GJ of consumption, would be approximately $138 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 October regulated natural gas rate is decreasing from the September rate of $0.848 per GJ to $0.627 per GJ.

•           This rate reflects a market price for October supplies of approximately $0.583 per GJ, as reported by the NGX, and incorporates an adjustment of $0.044 per GJ for September and prior months.

•           The typical residential gas bill for October, based on an average 9 GJ of consumption, would be approximately $117 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.

CONTACT: Estefania Joy

Direct Energy Regulated Services

832-588-3634

[email protected]