|Division||Fixed Rate||Market Index Rate||Managed Price|
|Casper||$0.379 per Therm||CIG plus $0.149 per Therm||$0.359 per Therm|
|Gillette||$0.439 per Therm||CIG plus $0.205 per Therm||$0.425 per Therm|
|Torrington||$0.419 per Therm||CIG plus $0.179 per Therm||$0.399 per Therm|
For the most up to date pricing information, please contact us directly at 888-200-3788.
CenterPoint Energy is one of the most trusted names in the natural gas industry. Our customers get competitive pricing, flexible plans and fast enrollment. We also make managing your service easy through our dedicated, responsive customer service team.
Comparison of Rate Options
The pricing options offered by CenterPoint Energy Services generally consist of two types of pricing; fixed and variable. These general pricing types are combined in various ways to make up our price offerings. View a comparison of the rate offerings.
|Pricing Type||% of Price Fixed||Pricing Info Known||Forward Looking||Fixed Items Good For|
|Fixed Rate||100%||Pricing for all volumes used||Yes. Rate is same each month||Entire Choice Gas year|
|Index (Market) Rate||0%||Index adder||Yes. Index value changes monthly. Adder constant||Entire Choice Gas year|
|Managed Price (Variable)||Varies.||None||Yes, Includes combination of gas hedges and monthly purchases||N/A|
The fixed prices are just that; a price that is constant for the entire period over which it is offered. This pricing option is forward-looking in that the fixed price is established before the gas is consumed. The price is guaranteed to be the price offered – no changes, no surprises. This type of product is effective when price certainty or adhering to a budget are important.
Variable prices are prices that follow the wholesale gas market. Price indexes published by certain gas trade journals who poll buyers and sellers to establish gas pricing in certain geographic areas are utilized for these prices. Some of these are pipeline indexes (CIG Rockies, Northwest Pipeline Rockies) and some are at market centers (Opal Hub, Cheyenne Hub). For the Wyoming area, the pipeline or market center indexes reflecting Rockies pricing generally are a better basis for market index pricing. Market index prices are generally quoted in two parts; the index value and the adder. The index value represents the value of wholesale gas into the pipeline or at the market center represented by that index. The adder includes all the other costs to deliver the gas into the distribution system, including upstream transportation (if applicable), risk costs and other costs to service the gas to your location. The adder is constant for the entire Choice Gas Program year while the index value changes from month-to-month. Market index rates expose the customer to monthly gas price changes, but protect the customer from daily price fluctuations. The price represented by the index value plus the adder is the same for the entire month.
Our Managed Price product aims to provide customers with a competitive rate each and every month. CenterPoint Energy Services constantly monitors the natural gas market. In a typical market, we purchase and hedge natural gas allowing us to reduce the impact of sudden market price increases and take advantage of market price decreases when they occur. Your price may adjust monthly as our energy managers work to deliver you a competitive rate. The rate is based on CenterPoint’s assessment of gas supply costs including, but not limited to, applicable gas hedges, market conditions, historical costs, and future cost projections. Specific costs that may be considered include, but are not limited to, transportation, fuel, storage, pooling fees, balancing, and basis.
Wyoming Choice Gas Program Service Areas
Douglas, Ft.Laramie, Glendo, Glenrock, Guernsey, Hartville, Lingle, Lusk, Torrington Wheatland
Arapahoe, Bairoil, Bar Nunn, Casper, Edgerton, Ethete, Evansville, Ft.Washakie, Hanna, Hudson, Jeffrey City, Lander, Laramie, Medicine Bow, Midwest, Mills, Rawlins, Riverton, Saratoga, Shoshoni, Sinclair
Gillette, Moorcroft, Newcastle, Upton, Wright