|City Gate Price Lock combines our Commodity Lock and Basis Lock services. This combination locks the basis delivery price and the NYMEX commodity price for a fixed monthly volume and term.
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What is City Gate Price Lock?
- Locks both the basis delivery and commodity prices
- Fixed monthly volumes at a fixed monthly price to natural gas utility
- Excess use billed according to Base Agreement
- Terms up to three years
- Individual prices by month or weighted average strip pricing for multi-month terms
Why should I consider it?
- Provides a high degree of natural gas price certainty
- Helps manage energy expense budgets
- Brings predictability to energy costs
- Multiple facilities in multiple geographic locations can be locked with one CenterPoint Energy Services transaction
How much will it cost?
- All transaction fees are included in locked price
Standard charges for utility delivery service apply
What else do I get?
Can be added to existing CenterPoint Energy Services contracts
Personal attention from your CenterPoint Energy Services account manager
Ready access to detailed natural gas market information
Simple, easily understood invoicing and multiple facilities can be billed on a single invoice
Security of doing business with a solid, experienced, national energy company