COLUMBUS, Ohio – Columbia Gas of Ohio announced today that five suppliers will serve the company’s Standard Choice Offer (SCO) customers from April 2014 through March 2015. The SCO is the price charged to Columbia Gas customers who have not selected a natural gas supplier through the company’s Customer CHOICEsm program.
Effective with the April billing cycle, SCO customers will see the name of one of five SCO suppliers – Constellation Energy Gas Choice, Inc., Direct Energy Services, LLC, DTE Energy Trading, Inc. dba DTE Energy Supply, Interstate Gas Supply, Inc. dba IGS Energy, and Volunteer Energy Services, Inc. – on their bills.
These suppliers were selected at Columbia’s third annual retail gas supply auction on Feb. 4. The auction also set the Retail Price Adjustment (RPA) at $1.40 per thousand cubic feet (Mcf), or $0.140 per hundred cubic feet (Ccf), which is added to a monthly market settlement price to determine the SCO. The RPA represents the supplier’s non-gas costs of doing business.
Columbia Gas’ SCO price is adjusted each month to reflect the natural gas market price on the New York Mercantile Exchange (NYMEX). Monthly SCO price information is available at the company’s web site at Standard Choice Offer.
SCO customers may see a new supplier name on their bills this month. Customers do not have to take any action as a result of this change. All SCO suppliers charge the same regulated price for natural gas. CHOICE® customers aren’t affected.
Columbia Gas continues to maintain its pipeline system, respond to emergencies, answer customer calls about utility service, offer payment plans, read meters and send bills to all customers, regardless of their gas supplier.
CHOICE® customers may choose to return to Columbia Gas’ SCO rate at any time, but should review their supplier contract for any cancellation fees. SCO customers have the option to switch to a CHOICE® supplier at any time, without penalty.
Columbia Gas of Ohio safely delivers clean and efficient natural gas to approximately 1.4 million customers in 61 of Ohio’s 88 counties. With headquarters in Columbus, it is one of the seven energy distribution companies of NiSource Inc. (NYSE: NI) and is the largest natural gas utility in the state. NiSource companies deliver energy to approximately 3.8 million customers located within the high-demand energy corridor stretching from the Gulf Coast through the Midwest to New England.
Be sure to call 811 at least two business days before you dig. For information about natural gas safety and what to do if you suspect a gas leak, go to SafeGasOhio.org.