To make the informed choice, you need to know the lingo. Learn it here.
The basing of a longer-term contract or rate schedule on published current market prices of competing supplies of natural gas or alternate fuels. Also known as market-responsive pricing.
A company, other than a pipeline or LDC, that buys and resells gas for a profit. Marketers also perform a variety of other services associated with moving their product to buyers, including arranging transportation, monitoring deliveries and balancing. An independent marketer—as opposed to an affiliated marketer—is not affiliated with a pipeline or LDC.
One thousand cubic feet. The common unit of measurement for gas by LDC’s. The average residential user consumes about 200 Mcf annually.
Fuel gas in which natural or LP gas is mixed with manufactured gas.
One million Btu’s. The common unit of measurement for interstate gas. Generally accepted as a rough equivalent of an Mcf.
One million cubic feet.