- What is the current market rate for future monthly contracts?
- What benefits are there to taking action versus doing nothing and accepting the quarterly rate flow through price from my utility?
- My billing format will stay exactly the same except the Cost of Gas portion on my bill will NOT change over time
- My relationship with the utility will remain exactly the same
- I will be able to renegotiate my rate once per year and adjust up or down dependent upon market conditions
- I will be able to move this billing method to another serviceable area or the agreement is terminated without penalty
- I will have peace of mind and control over my budget
- I will only be billed for what I use
- What risk is involved with this decision?
- I understand that it is possible due to mild weather (low demand) that the guaranteed rate may be higher than the quarterly floating rate from time to time
- What action is required of me to choose this option?
- If I wish to secure a guaranteed rate for the cost of gas then I must decide how long I wish to manage this rate for and then place a bid with a broker just like buying a stock
- The bid will be accepted or declined based on market conditions for a period of a maximum of 60 days from the date of my authorization
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