Direct Energy

Direct Energy

May 14, 2008 13:48 ET

Media Advisory/Interview Opportunity: Direct Energy Available to Comment on Rising Residential Gas Prices in Ontario

TORONTO, ONTARIO--(Marketwire - May 14, 2008) -



What: Residential natural gas costs are likely to rise in Ontario this
summer, with utilities already preparing for commodity rate increases
of up to 40 per cent. The hikes coincide with increased prices at the
pumps, airline tickets and other commodities being driven by the sky
high price of oil.

While customers don't have the power to change the factors that
influence market prices - including weather, supply and demand - they
do have choices in how they buy their natural gas. Instead of being
forced to roll the dice and hope for the best, Ontario's open,
competitive natural gas market means consumers can sign a contract for
a stable price so they will know exactly how much they'll be charged
for the gas they use, each and every month.

Who: Clinton Roeder, Senior Vice President, Energy Services with Direct
Energy, is available to discuss:

- Causes of upward pressure on Ontario's gas prices for the years
ahead;

- How long term contracts can help consumers manage fluctuating gas
prices;

- How a competitive energy market drives innovation, service and
long-term investment in infrastructure.

When: Clinton Roeder is available to comment on the above, please contact
Erin Manning at 416-355-7419 or erin.manning@ketchum.com to schedule
a time.

Contact Information