The bonds are priced into the service charge. Then there is an extra charge for uri. Then there is an unrecovered charge baked into the variable price. We are getting screwed 3 times.
So it looks like from what you posted that ONG is paying about $8.72 P/DT if I read it right while the wellhead price is somewhere south of $3 depending on the date you look at. So someone is cutting a lot of meat off the bone while we're getting boned.
Yes it is, but right now they are selling June futures which is just a little over a month out. Prices from Nov. or Dec. shouldn't be what is setting the retail price right now, but maybe I am wrong. That's why I started this thread. I am looking for a logical reason for the prices going in opposite directions. Maybe I don't understand the market as much as I think I do, but it just doesn't make sense to me. I was hoping someone could sort it out for me.
Check your bill that looks mighty close to what you would pay for a minimum bill with no usage at all just to keep the service on
When my in-laws had ONG they would have their service disconnected evey April since their only gas appliance was the furnace. It got turned back on in November and if there was a cold spell while the gas was off they made do with their fireplace. They always came out ahead. Now they have geothermal/electric at the new house.
Yeah if your not going to be using it for long periods of time it is best to just have it disconnected will come out way ahead. Same with the electric they will still charge you a monthly fee whether you use anything or not.
