Pricing Terms

The contract provides for competitively priced, full, firm, non-interruptible natural gas supply with no hidden costs and no usage limitations. The contract offers great flexibility allowing members to lock in basis and NYMEX rates for their choice of term, through October 31, 2015.

Price quotes from Hess Corporation will vary depending on when a member requests a quote, the contract term, account location, and amount of usage, and will be calculated according to a formula that was negotiated during the competitive selection process.

New accounts may be priced and contracted for supply at any time as long as members are in good standing. Members must submit one recent LDC bill to PowerOptions or their Hess account representative to obtain pricing for any account.

Flexible pricing options include layering prices over the contract term and laddering, where members can lock in prices for specific months with no requirement to lock in for a full year.

Also included in the contract are reasonable and member friendly credit terms, along with favorable terms for billing and payment.