What is Nicor Gas doing about high gas prices?
Gas Cost Frequently Asked Questions - NicorNicor Gas has taken action to help lessen the impact of market prices by filling our underground storage fields during summer months when gas prices are typically lower, and by using financial purchasing instruments. Taken together, these actions account for about three-quarters of the gas used during the winter months. We have developed a new Bill Planning Guide that will help you get an idea of what your monthly bills might be.
How high will gas prices get this year?
Gas Cost Frequently Asked Questions - NicorLike gasoline and oil prices, the price of natural gas is on the rise. To help our customers manage higher costs, Nicor Gas offers bill payment programs such as the Budget Plan and financial assistance for those who qualify.
Is Nicor Gas setting the price of natural gas?
Gas Cost Frequently Asked Questions - NicorNo. Natural gas is a commodity and its price is determined by the market, based on several factors. When Nicor Gas buys gas on your behalf and delivers it to your home, we charge you exactly what we paid for it-we are not allowed to mark it up, by regulation of the Illinois Commerce Commission. The cost of natural gas makes up about 75-80 percent of your bill. The delivery charge makes up about 10-15 percent, and taxes make up the remaining 5-10 percent.
Who determines Nicor Gas' rates?
Rate Increase Frequently Asked Questions - NicorNicor Gas is a regulated utility, which means the Illinois Commerce Commission (ICC) must determine the amount Nicor Gas charges customers for delivering their gas. Nicor Gas must go before the ICC and make a formal request for the rates to be changed. This is known as a rate case. After a rate case has been filed, the ICC rigorously reviews the case, conducts public hearings to discuss the merits of the request and determines the final amount granted.
Why is Nicor Gas offering the program?
faq - NicorAll customers should have the right to choose where they purchase their natural gas. We believe competition in the natural gas market will encourage improvements in services and pricing choices, as well as lead to new products and services.
What is the Nicor Gas Budget Plan?
Residential FAQ - NicorDesigned to even out the seasonal highs and lows of your natural gas bill, the Budget Plan spreads your gas bill payments out over a 12-month period. Learn more about our Budget Plan.
Where can I get more information on gas prices?
Gas Cost Frequently Asked Questions - NicorVisit the Gas Cost section of this site. There you will find the most up-to-date information including the current cost of gas, energy-saving tips, press releases on the cost of gas, and information on payment plans and financial assistance.
What's the difference between Nicor Advanced Energy and Nicor Gas?
Nicor - Nicor Advanced Energy - Lock 12 FAQ's - Not Nicor Ga...Nicor Gas and Nicor Advanced Energy are separate companies. Nicor Gas is a public utility and its prices are regulated by the Illinois Commerce Commission. Nicor Advanced Energy is an unregulated company; its prices are not subject to regulation by the Illinois Commerce Commission.
How is the Nicor Solutions Fixed Bill program different from the Nicor Gas Budget plan?
Nicor Solutions Fixed Bill FAQ - NicorWith the Nicor Gas Budget plan, your gas bill is adjusted periodically based on changes in gas prices and weather conditions, which can vary dramatically. You may also be subject to a year-end true up. Our programs have no periodic adjustments or true-up at the end of the 12-month term, regardless of changes in gas prices or the weather No. No matter how cold it gets or how high gas prices may climb, your Nicor Solutions Fixed Bill amount is guaranteed not to change for 12 months.
If I choose another supplier, will I still be a Nicor Gas customer?
faq - NicorYes. By participating in Customer Select, you're not "leaving" Nicor Gas. We'll still respond to emergencies, deliver the gas to you and read your meter. You're only choosing another supplier to purchase your gas.
How can you raise rates right now, at a time of such high gas prices?
Rate Increase Frequently Asked Questions - NicorWe understand that any increase, no matter how small, is unwelcome during this period of high gas costs. At the time we filed the rate case, in November 2004, there was no way to predict where gas costs would be 11 months later. Learn about the market factors that influence the cost of natural gas. We do not profit from high gas costs and we are doing everything we can do to keep your costs as low as possible.
Question: Where can I find international prices for natural gas?
Natural Gas FAQs - Energy Information AdministrationEIA provides international natural gas prices for selected countries by sector (electric generation, household, industry).
Question: What are the historical spot prices for natural gas?
Natural Gas FAQs - Energy Information AdministrationEIA does not collect daily spot price information, but instead relies on a private vendor. EIA publishes daily spot prices for the Henry Hub, Transco Zone 6 NY, Chicago, and an average for selected California locations on a weekly basis and these can be found in the Natural Gas Weekly Update (NGWU). A time series of the daily spot price data for these locations and all others in the Lower 48 States are available from the data vendor, Intelligence Press, Inc.
when gas prices are steadily increasing every year?
Frequently Asked QuestionsA : The commodity cost of natural gas, what Clearwater Gas pays to our gas suppliers, is itemized on your gas bill as the "fuel" component. This is a direct pass-through to customers. Clearwater Gas does not mark-up this cost, and does not make a profit on this charge. The commodity cost of gas energy, like gasoline, fuel oil, electricity and other forms of energy has increased over the last several years due to market forces.
What is OEP doing about the high prices of heating fuels?
StayWarmNH - Frequently Asked QuestionsOEP has no control or jurisdiction over fuel prices. Prices for deliverable fuels - heating oil, propane, and kerosene - are not regulated. OEP does encourage citizens to take measures towards protecting themselves and reducing their energy and heating bills. OEP maintains frequent communications with terminal operators, the U.S. Coast Guard and other agencies in the region to anticipate and avoid fuel supply disruptions.
Open Question: How high will gas prices go in the next 5 years? Is their any limit?
Climate News - FAQwhat is the most pragmatic solution to dealing with rising fuel costs. Especially if you currently live in a icy climate, with needy mass transit. For use in a non-commercial tiny 10 minute movie, I need a few clips I can't seem to find on the Internet..
