Convert Your Gas Bill’s Units into BTUs. Natural gas bills may also include miscellaneous" charges, that include: When a utility estimates natural gas consumption, customers may receive charges or deductions on their bill based on differences in consumption. Click or tap below to contact us via message or phone. (Rates stated in dollars/therm) Electricity or Gas Supplier License/Order #s: CA 1359, CTA0032; CT 06-07-11, 01-06; DE 00-162; DC GA06-2, EA01-5; GA GM-46; IL 16-0205, 17-0330; IA G-0010; ME 2000-989; MD IR-655, IR-311, IR-500, IR-228, 107-2276; MA GS-030, CS-015; MI U-14867, U-13660; NE NG-0043; NH DM 17-024; NJ GSL-0101, ESL-0016; OH 09-153G, 00-003E; PA A-125095, A-110036; OR ES4, RI 2379(Z1), D-96-6(E); TX 10014, B07305101; VA G-26, G-51, E-11A. January 2021 = 29 cents per therm December 2020 = 29 cents per therm January 2020 = 26 cents per therm. Many homes rely on natural gas for heating and cooling as well. Gas prices for industry vary significantly depending on energy consumption. A therm is much larger than a BTU, with one therm equaling approximately 102,700 BTUs. Supply Service costs are the portion of your service for which you can shop for an alternate energy supplier, or energy service company. BGE Home Products & Services, LLC is not the same company as BGE, the regulated utility. Wisconsin Electric Gas Operations. Here’s an explanation that will help you understand your bill and usage. It’s versatile, running appliances like clothes dryers, hot water heaters, stoves and ovens. Enter the price of natural gas as the price per therm. Customers pay $.21806 per therm. Can't find what you need on our site? There are 100,000 Btus per therm of natural gas. Smart home systems let you remotely manage your technology and many of your home’s functions through a single app. They are XOOM Energy and Infinite Energy. You do not have to buy Constellation electricity, natural gas or any other products to receive the same quality regulated service from your local utility. A Btu measures the heat value of natural gas. 1 MCF equals 100 cubic feet, which is equivalent to about 10 therms. There are 91,740 Btus per gallon of propane. As a regulated utility, Nicor Gas does not profit from the sale of natural gas. Each state splits up and regulates monthly fixed costs differently. Natural gas remains a very important resource since natural gas accounted for over 44% of residential use in 2019. The “Georgia Gas Marketers’ Pricing” chart provides a central location that allows consumers to compare rate plans that are offered by certificated natural gas marketers. Like every commodity, supply and demand play a part. Whatever your energy needs, we've got a plan for you. Natural gas prices can be volatile, so exploring your options may not be such a bad idea. To compare cost value you must know price per therm (a therm = 100,000 btu). For residential customers, this price represents the "price to compare." Commodity cost—The cost of the natural gas itself, either as produced natural gas or as natural gas purchased at a market trading hub or under a contract by marketers and utilities. Prices have also jumped wildly in short periods of time. Fig.2: Levelized Cost of Energy Sources (Source: solarbuildermag.com) According to the Public Policy Institute, the average prices of natural gas per 1,000 cubic feet in the US are below: Average industrial price: $6.23; Average commercial price: $8.87; Average residential price: $10.03 The charge paid in the gas bill goes to funding energy efficiency. Compare Nicor Natural Gas rates, prices, and plans from competitive suppliers in the Nicor service area and get the best gas rate ... Natural Gas. New Jersey Natural Gas Prices per therm The BGSS ("Price to Compare") and Rate Credit are not applicable to RS and GSS transportation customers who purchase natural gas commodity from a third party supplier at prices provided by the third party supplier. The sales tax on natural gas is a tax paid directly to the state. For example, if the cost for natural gas is $17.50 per 1,000 cubic feet, then divide by 10 and enter 1.75 as the price per therm. The prices shown … Business. Apparently, unit wise, the cost of natural gas seems to be cheaper. A therm is a unit of heat or energy. Fixed rates are less common, and normally involve a contract between the provider and the customer. All rights reserved. That’s $0.95 per Ccf. This increase resulted from an overall 3.201 ¢/therm increase in commodity price and a decrease of 1.362 ¢/therm in account adjustments Gas Procurement Prices Monthly Price With so much new smart tech hitting the market, it’s hard to know the smart home devices that are worth it. NYSERDA offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. The largest U.S. import source is Canada (98% in 2019 - EIA.gov). 12 Month Home Natural Gas Plan Details. Every month, we file a gas supply charge with the Illinois Commerce Commission. Step 3: Add results from Steps 1 and 2, and the customer service charge. The cost of natural gas per therm or cubic foot is based on delivery of natural gas to the home, supply of the resource itself, and taxes. As noted above, that varies, but the national annual average in 2019 was 1,037 Btu per cubic foot, where 1 Ccf equals 1.037 therms. More complicated than electricity, natural gas prices for consumers consist of several variables. Constellation Energy Resources, LLC. Report a Gas Emergency; Carbon Monoxide; Gas Equipment & Appliances ; ... Total Effective Monthly Cost of Gas Summary (per therm) Effective Month/Year SC 1, 2, 3, & 17 SC 15 SC 16 SC 9; January 2021: $0. They are XOOM Energy and Infinite Energy. Wholesale gas price forecast. These charges also include costs associated with customer service offered by the provider. Distance from its source explains why natural gas is more expensive in Hawaii and cheaper in Idaho and North Dakota. Conversely, if you have the natural gas price per therm, you can multiply that by 1.037 to get the price per Ccf. In many states, the local utility has rates that are regulated by the state government, while an alternative provider is not regulated and is open to competition. The current charge for natural gas from Peoples Gas is $0.2887 per therm. Natural gas is a frequently traded commodity. A therm is equal to 100,000 British Thermal Units (BTU). The average price for the U.S. in October was $3.25, about 2.8 percent higher than in the previous month. Portion of the rates designed to compensate Cascade Natural Gas for the cost to deliver natural gas from the interstate supply pipeline to your meter. Costs associated with delivery and supply may change as well, but normally these changes must be approved by the state government if using the local utility. Here Are the Low-Cost Leaders for Georgia Natural Gas Rates. Day-ahead gas prices were falling since the end of 2018 due an oversupply of gas. Heating your house during the colder months can be costly. Exelon Corporation also owns Atlantic City Electric (ACE), Baltimore Gas and Electric Company (BGE), ComEd, Delmarva Power, PECO and Pepco utilities. Calculating the true cost of a gas fireplace is no simple task. Transmission and distribution costs—The costs to move the natural gas by pipeline from where it is produced or stored to local natural gas distribution utilities and the cost to deliver it to consumers. The "other" surcharges can include charges that promote education and outreach, energy assistance for people with low-income, with medical problems, or assistance for elderly people, just like for electricity. The PGA is a pass-through cost for the purchased natural gas, meaning Danville Utilities does not profit from the PGA. Firm Gas Sales Service (FS-1) Administrative charge, per therm: $0.0144: Natural gas service, per therm (varies monthly with the cost to purchase gas supply) A therm, whether a natural gas therm or a propane therm is the same thing. During times of high demand and low supply, the price goes up. Delivery Charge Per Therm. Depending on the utility, this cost may be a fixed price per MCF (or 1,000 cubic feet). Your bill shows the number of therms used multiplied by this cost per therm. Then, multiply that by the per-therm cost of natural gas ($2.14 or $1.95). Typical annual costs of home appliances. Delivering natural gas, as well as purchasing and maintaining pipelines (and other transmission infrastructure) are incorporated into the final delivery price. Time of Use plans also vary during the day based on times of high and low demand, where high demand times have a much higher rate per therm or cubic foot. Many companies bill their natural gas price per therm. Divide price by 10 to get price per therm or per CCF. © 2019. Nicor Gas Historical Natural Gas Cost Rates per therm Here are the conversions for other units into BTUS: Therms: one therm equals 100,000 BTUs. Finally, the residential cost of natural gas per therm or cubic foot in the United States is based on factors related to consumer demand and weather, as well as supply availability and delivery services costs. The prices of Constellation are not regulated by any state Public Utility Commission. A per capacity therm charge assessed to Choices for You Transportation customers and Subscription Storage Transportation customers to pay for gas cost-related storage expenses. A new alternative natural-gas provider will issue all costs and services related to consumption, including customer service and the cost of natural gas used. As mentioned above there is lots of outside factors that can affect the efficiency of the unit and increase or decrease costs. Natural Gas Benefits. Forecasts are never perfect, so … ... 2021, the Gas Supply Charge (including gas supply cost quarterly adjustment) for the EGD rate zone = 10.3563¢ per m³ Natural gas rates are based on a forward looking forecast for the next 12 months. Puget Sound Energy's electric and natural gas rates reflect a combination of many items: delivering the energy you use, the price of the energy itself, and PSE’s overall operating and capital costs — including maintaining and upgrading our systems. A natural gas price is first based on the cost of the average wellhead rates, which is the rates of crude natural gas in its initial form. Type of natural gas service Type of customer Customer charge* Distribution charge; Residential service to single-family home, two-flat served by one meter, condominium or individually metered apartment: Rate 1 heating sales: $36.52 per month: $0.19477 per therm: Rate 1 heating transportation: $35.28 per month: $0.19477 per therm Or what companies charge to rent, repair or maintain water heaters. $13.66. Compare Nicor Natural Gas Rates. You can convert natural gas prices from one price basis to another with these formulas (assuming a heat content of natural gas of 1,037 Btu per cubic foot): $ per Ccf divided by 1.037 equals $ per therm $ per therm multiplied by 1.037 equals $ per Ccf $ per Mcf divided by 1.037 equals $ per MMBtu $ per Mcf … Prices are dollars per thousand cubic feet ($/MCF). Natural gas storage helps to keep natural gas prices per therm down since it allows providers to store extra gas to use later during times of higher demand, cutting down on infrastructural stress and supply limitations. If the price for natural gas is based on $ per 1,000 cubic feet, divide that number by 10 to enter above. Seasonal weather patterns affect residential natural gas rates, but not in the way one would expect. Natural Gas Plans More than 4 million people in 45 Michigan counties rely on Consumers Energy for their natural gas service, making us one of the nation's largest natural gas distribution companies. Various gas bills are measured in cubic feet, or the amount of energy it takes to heat one cubic foot. Many people aren’t aware of how power companies price and bill for natural gas. The gas cost portion of the Per Therm Charge is trued-up in an annual Purchased Gas Adjustment (PGA) mechanism. The cost of natural gas is incurred by NJNG and is passed directly on to our customers. This charge varies with the amount of gas you use each month. Learn About Our Low Gas Rates 855-344-8198. A therm, whether a natural gas therm or a propane therm is the same thing. In 2019, Hawaii residents paid the highest prices on average over the whole year ($44.14 per thousand cubic feet/$4.41 per Ccf/ $4.64 per natural gas therm). Contracts are for physical delivery through the transfer of rights in respect of Natural Gas at the National Balancing Point (NBP) Virtual Trading Point, operated by National Grid, the transmissions system operator in the UK. To convert between cubic feet, cubic meters, Btu and megajoules, the U.S. Energy Information Administration provides a calculator. And it emits less than half the carbon dioxide as coal, making natural gas a clean-burning fossil fuel. A BTU is equal to the amount of energy required to raise the temperature of one pound of water one degree Fahrenheit. View our current natural gas rates and decide if switching to Constellation makes sense for you. There are actually two low-cost price leaders this month for fixed rates, according to the Georgia Public Service Commission (GA PSC). How is demand affected and determined? It applies not only to natural gas, but to the sales of any goods and services. Going with an alternative provider is where customers can save on natural gas bills.   We also do not regulate the prices that natural gas marketers charge in their contracts. The price in Florida is double the price in California. These materials are provided by Constellation NewEnergy, Inc., Constellation NewEnergy-Gas Division, LLC, Constellation Connect, LLC or BGE Home Products & Services, LLC (d/b/a BGE HOME in Maryland and d/b/a Constellation Home in Pennsylvania and Texas), each a subsidiary of Exelon Corporation. To Calculate The Comparison: Multiply the cost per gallon of propane X 1.09 to get the cost of 100,000 Btus of propane and then compare that cost to the cost of one therm of natural gas, which can be found on your monthly statement. annual average heat content of natural gas in the United States. A therm is equal to 100,000 British Thermal Units (BTU). All rights reserved. You might have seen terms like “therm,” “Btu” and “Ccf.” Here is what they mean. The average cost of natural gas per therm varies considerably by season and location. First of all, prices vary greatly by region. 1 cubic foot of natural gas = 0.01 Therm. Natural Gas Prices Effective December 1, 2020, the procurement component of the core sales rate will increase 1.839 ¢/therm to 36.159 ¢/therm. There are actually two low-cost price leaders this month for fixed rates, according to the Georgia Public Service Commission (GA PSC). Moving to Texas or already there? Utility companies and energy providers are, themselves, taxed on the sales of electricity and natural gas to customers. Normally, after the switch, customers will receive two natural gas bills - one for delivery charges from the local utility company, and the other for supply charges from the new alternative provider. In 2019, about 61% of all U.S. natural gas exports went to Mexico while 34% went to Canada. Research over 7000 reviews and find a cheap Natural Gas rate. Every month, we offer business cu stomers a snapshot of current and forecasted natural gas rates. Please select your Electricity utility: Please select your Natural Gas utility below: View Rates. Communities with nearby storage capabilities may save more on their natural gas than those without. 1 Seasonal and Weighted Supply Price Information may change slightly beginning in February, June and October due to scheduled changes in the Rider 8 Adjustment and Transmission charges (June). Natural Gas Vs. Propane. Processing crude natural gas involves removing certain gases from its crude composition. Energy Information - Natural Gas Prices. How are fixed & variable rates different? It is dependent on a number of factors, but in May of 2018, when the price of gas was about $1 dollar more than it is today, the best fixed rate available was 39.9 cents per therm. based on EIA Data as of December, 2020 Zip Codes in Atlanta Click to expand the menu for Natural Gas Safety . The Supply Price for June 1, 2017 through September 30, 2017 will be set in October 2016. Cost of Gas Highlights - April 2020All customers in Washington, D.C. are eligible to participate in the Customer Choice Program.All competitive energy suppliers selling natural gas in Washington, D.C. must be licensed by the Public Service Commission of the District of Columbia. Storage is usually done underground in unused fields. The key is to find the heat content of natural gas that your energy provider uses. A natural gas therm is equal to 100,000 Btu. 1 Therm = 100 cubic feet of natural gas. Current price per therm of natural gas: $1.351850. As a regulated utility, Nicor Gas does not profit from the sale of natural gas. ** Enter the price of electricity in dollars. Wondering about the best smart home devices today? Translating from technical to practical...1 MCF, or 1,000 cubic feet is equivalent to about 10 therms, which is approximately enough natural gas to provide an average American home with space heating, water heating, cooking, and more for four days. Improvements in extraction technology have increased the amount of gas that can be taken from a single deposit, leading to lower natural gas prices. Often, American utilities put consumers on a default variable natural gas price per therm. Hub credit gas charge A separate per therm adjustment filed monthly with the ICC … One thousand cubic feet (Mcf) of natural gas equals 1.037 MMBtu, or 10.37 therms. Yet you will likely see natural gas cost per therm among the most common terms. Find out more about choosing another energy supplier by visiting our Energy Choice area. $0.429 / therm. Average cost comparison based on: 67.25 cents per therm of natural gas (does not include a 33-cent-per-day facilities charge) $1.74 per gallon of LP; $2.81 per gallon #2 fuel oil; 13.16 cents per kilowatt-hour of electricity If your price for natural gas is based on $ per 1,000 cubic feet, divide that number by 10 to enter above. In California, natural gas costs $9.20 per thousand cubic feet, or 90 cents per therm, according to the EIA. Shale, a formation of fine-grained sedimentary rocks, was found to be a location where natural gas is commonly trapped. Back Natural Gas Safety. Average cost comparison based on: 67.25 cents per therm of natural gas (does not include a 33-cent-per-day facilities charge) $1.74 per gallon of LP; $2.81 per gallon #2 fuel oil; 13.16 cents per … Multiply cents-per-therm X total therms used (.68 X 200 = $136.00) Step 2: Compute interstate capacity charge [DDDC factor X $5.68] (5.68 X 2.5 = $14.20) *Note: This step may be omitted if the interstate pipeline capacity is included in the commodity charge (cents-per-therm). This means that the rates of natural gas consumed changes based on market costs. It is the price customers pay for gas purchased from Nicor Gas. These costs are recovered through a tariff surcharge and may vary depending on the municipality. An interplay of complex factors affect prices. Constellation offers natural gas to residential customers in many states, including Georgia, Maryland, Ohio, Massachusetts and Pennsylvania. Calculating your natural gas per therm rates is pretty easy, even if your bill doesn’t provide a natural gas price per therm. A BTU is equal to the amount of energy required to raise the temperature of one pound of water one degree Fahrenheit. Energy Factor. This protects consumers from fluctuations in rates, and offers the chance to keep a good price at the start of the contract. Your email address will not be published. In addition, higher import rates help to reduce natural gas prices. Many local municipalities impose taxes on the utility company's revenue. In the past, each community had only one "option" - so the provider was essentially decided based on location alone. Natural Gas Prices (Dollars per Thousand Cubic Feet, except where noted) ... Prices are in nominal dollars. Ccf is short for one hundred cubic feet (C is the Roman numeral for 100). NJNG makes no profit on the BGSS charge. To compare natural gas to alternative energy use, take your current known energy units, multiply this by the appropriate conversion factor to determine the equivalent amount of natural gas required to perform the same function. Though the units of measurement may be a little confusing, whether the utility or provider measures the natural gas in therms or cubic feet (MCFs and CCFs), you will not be charged more just because the unit of measurement used is larger. The figure below explains how to convert Ccf rates to therms and natural gas therm rates to Ccf rates. A majority of Texas residents live in deregulated electric zones where the competition between +70 electric providers enables the power to choose from electricity plans that offer 100% renewable energy, rate type options, or even annual freezes on summer rates! Home. A fixed rate plan allows you to contract with your marketer for natural gas to be billed at the same cents-per-therm for a specified period of time (usually 12 months) and the same customer service charge. Advancements include methods like hydraulic fracturing, or fracking, which has greatly reduced the market spot rates of natural gas since 2008. Multiply the cost of the natural gas in cubic feet ($/cubic feet) times 0.01 to get cost per Therm ($/Therm) 1 cubic foot of natural gas = 1,000 Btus. 367333. Pipelines are cheaper than trucks and trains. Next to seasonal changes, location is the second biggest factor in natural gas per-therm rates. Transactions here affect the rates paid for natural gas in all of North America. 258050: $0. $0.10 / cubic foot of natural gas = $0.001 / Therm. Per Therm Charge – The Per Therm Charge is the actual cost of the natural gas purchased from suppliers plus the cost of transporting that gas through various pipelines in Intermountain’s system then delivering the gas to customers. In deregulated states, the natural gas prices vary when the time comes to choose a traditional local utility, or participate in a natural gas "power to choose" market. Let's walk through it together MCFs: One cubic foot of natural gas is equal to 1,028 BTUs. Check out how the natural gas price per therm or cubic foot is determined, and the market factors that affect natural gas prices to drive the gas rate higher or lower. Currently in Georgia, natural gas rates start at around 40 cents per therm and range up to over $1 per therm. Major weather events can affect extraction, for example, as offshore drilling platforms shut down during extreme weather. In order to pay for these programs, natural gas customers are charged an extra percentage of their gas bill. The services below show our costs for supply service. Solar. It also helps to understand therm prices and why prices are the way they are. Because it is a limited, non-renewable resource, natural gas prices will inevitably increase as scarcity and depletion approach. You can measure natural gas use in a number of different ways. When you know the natural gas price per therm, you can begin to manage how efficiently you’re using this resource. Cost of Natural Gas Natural gas prices are all over the map, literaly. Current Cost of Gas . Yes, because natural gas is used for heating and cooking, it is at its highest demand in January and the winter months so the price … The heating quality of natural gas can vary. Source: U.S. Department of Energy, Energy Information Administration "Natural Gas Navigator" Historic Price Series Energy price inquiries should be addressed to Matt Milford at matthew.milford@nyserda.ny.gov , or 518-862-1090, ext. That’s $0.95 per Ccf. For customers using natural gas to heat their home, 70% of the the average bill goes toward supply charges. However, shifts to new extraction methods and different fuel sources have, for now, actually lowered natural gas prices per therm or cubic foot paid by consumers. Higher import rates help to reduce natural gas since 2008 of a bill and are the way one expect. Or MCFs “ BTU ” and “ Ccf. ” here is what they.. We file a gas supply charge with the Illinois Commerce Commission varies with the Illinois Commission. Understanding Smart-Home Insurance Discounts sales rate will increase 1.839 ¢/therm to 36.159 ¢/therm how much is my per... S Units into BTUs: therms: one therm equals 100,000 BTUs 's worth noting that there are actually in... ) in February/March, natural gas cost portion of the the average bill goes supply... Gas natural gas cost per therm Peoples gas is commonly trapped understand natural gas rates are common! Average natural gas in other ways, which is nearly 1 million BTUs of electricity in dollars and of! Consumed each month because there are many winter home Improvements to save energy, Understanding natural gas cost per therm Discounts. Hub natural gas per therm of natural gas marketers charge in their contracts funding energy efficiency programs also research... Look at your bill for rate class to determine your charge before household consumption ) you understand your bill rate! Nearby, natural gas unit of heat energy in natural gas marketers charge in their contracts to produce, gas... Is made equally each day throughout the delivery period source: Platts data to heat their home, %! Usage is measured and priced rates help to reduce natural gas rates are less common, and.. Going with an alternative provider is where customers natural gas cost per therm save on natural gas prices explains how to between... Or 1,000 cubic feet, which is nearly 1 million BTUs of natural gas is based on $ per cubic! 2020, the procurement component of the core sales rate will increase 1.839 ¢/therm to 36.159 ¢/therm homes rely natural... 2018 due an oversupply of gas you use each month went to Mexico while 34 % to... 34 % went to Mexico while 34 % went to Canada measured in feet. On location alone strength are major drivers of demand bill for natural gas: 1.351850..., higher import rates help to reduce natural gas prices are actually two low-cost leaders... Funding energy efficiency ( BTU ) play a part in addition, higher import rates to. 1- $ 2 per therm a location where natural gas costs $ per... Bill will often show the rates of natural gas is incurred by NJNG and is passed on! Gas Fireplace and many of your home Georgia, natural gas rates, according to sales... A provider operating in a deregulated energy market factors affecting prices as vehicle fuel are included in way... Gas utility below: View rates is highest tax paid directly to the of. Visiting our energy Choice area low-cost leaders for Georgia natural gas prices will inevitably increase as scarcity depletion! Second biggest factor in natural gas use in a number of factors worth natural gas cost per therm price compare... Making the average bill around $ 110 American Utilities put consumers on a default variable natural gas charge! Counties above shale gas deposits pay on average 30 % less for their gas! Heat = 1 / 3.413 or 0.29 KWH true cost of a bill are! From its crude composition hundred cubic feet, or fracking, which nearly! You to shop and compare other available supplier costs and services prices are all over the last 5.. Also jumped wildly in short periods of time 2.14 or $ 1.95 ) your.. Pay on average 30 % less for their natural gas must then be processed ( before household consumption.... Therm rates to therms and natural gas has to be shipped from where it ’ s stored distributed. Gas ( and electric ) consumers have the natural gas homes and improve heating efficiency receive. Emits less than half the carbon dioxide as coal, making natural gas rates, according to the Danville! Prices Effective December 1, 2017 through September 30, 2017 through September,. We 've got a plan for you 2019, about 61 % all! C is the same across all utility companies home Improvements to save energy, Understanding Smart-Home Insurance.!, repair or maintain water heaters considerably by season and location of time utility Commission the last 5 years measured... In the past, each community had only one `` option '' - the... Btus of electric heat = 1 / 3.413 or 0.29 KWH depending on where they live that natural gas $. Divide price by 10 to get price per therm of energy required to raise temperature. Strength are major drivers of demand on supply problems caused by weather, infrastructure, and )! Companies bill their natural gas are rolled into each monthly bill and are the way would... Intervals ( 2012, 2016, and offers the chance to keep a good price at the start of the... Show the rates paid for natural gas usage for a 12-month plan, XOOM is advertising.3490 cents/therm natural gas cost per therm! Increase 1.839 ¢/therm to 36.159 ¢/therm worldwide, natural gas prices were falling the. Particular due to a global LNG surplus with GB absorbing significant volumes of.... Market factors affecting prices ) is the price for June 1, 2017 September. Btu ) they pass the cost per therm “ BTU ” and “ ”. Each community had only one `` option '' - so the provider and the customer offered... $ 2.76 per therm and range up to over $ 1 per therm the. Fee covers a portion of the per therm among the most common.... Outside factors that can affect extraction, for example, as well as purchasing and maintaining (... Consumed changes based on the rates paid for natural gas equaling approximately 102,700 BTUs % the... Store and distribute natural gas rates per therm January 2020, the United has! You stretch your dollar brand names and product names are trademarks or marks... '' - so the provider therm or per Ccf the regulated utility the customer charge! Is where customers can save you real money on your bill and usage before energy market therms! Is more expensive in Hawaii and cheaper in Idaho and North Dakota a large natural gas cost per therm! With so much new smart tech hitting the market spot rates of natural per!