ATCO Gas is a regulated distributor. Direct Energy is the default, regulated retailer that provides billing services and supplies the natural gas for ATCO Gas' customers that have not signed a contract with a competitive retailer. b4 ~! `4 D. V" u2 e( o- N 7 k4 {& \$ f$ f7 V! V, h7 i" Q3 TBy the way, in Alberta, natural gas is delivered to customers by a regulated distributor. Customers then have the option to be billed for the service by either a regulated retailer or a competitive retailer.