Gas prices

Bebes

Hi there. I've been away for a while, but I have a question I bet someone knows the answer to.

I'm currently getting my gas from PSEG. They used to charge about the same price as on the NYMEX board, but right now it's 4X that amount. That means they're charging my 99 a therm, but on NYMEX it's in the twenty's. Does anyone know of a company that is more reasonable. I understand I still have to pay for delivery. I live in NJ, if that makes a difference.

Thanks a bunch.

Bebes

Jean-David Beyer

I am in New Jersey

I get my gas from New Jersey Natural Gas.



Currently (August) they charge me

$1.1008 per therm for the gas,

$0.5299 per therm for delivery at the end,

$0.5172 per therm for delivery at the beginning (rate increasxe), and

$8.25 per month for Residential Customer Charge.



They recently announced a rate reduction for the gas, but I do not believe I have seen it yet.



Here is a current rate table:



http://www.njng.com/pdf/Sept2009ResidentialPriceTable.pdf

Bebes

Hmm

JD- I saw them when I was at the shore...but their prices are higher, so I guess that's not the answer. I pay around 38 for delivery, so both parts are less. I had a company that charged me around 40 over NYMEX, and you could lock it in for 5 years, but I didn't really get on well with the company. Anyway, I'm hoping someone knows someone.

Thanks anyway.

Glen Aspen_2

Could you put this in perspective -

We buy our gas by the Gj (gigajoule) in Canada. How does this relate to a therm?

Jean-David Beyer

Joules to Therm conversion.

1,000,000,000 Joule = 9.478169879 therm.

Jean-David Beyer

Gas rate reduction in NJ.

I think NJNG will lower their rates starting OCT 1.



[url=http://www.politickernj.com/mysak/30241/rible-and-angelini-praise-new-jersey-natural-gas-proposed-rate-reduction]http://www.politickernj.com/mysak/30241/rible-and-angelini-praise-new-jersey-natural-gas-proposed-rate-reduction