With natural gas costs expected to be higher in the next fewmonths, Naperville, IL-based Nicor Gas has announced a new CustomerPayment Support Plan, which will enable its 1.9 million customerswho fall behind in their bills to spread monthly payments intosmaller amounts through the summer. If a customer receives a billin January or February and cannot make the total payment, thecustomer contacts Nicor, which will then estimate costs in futuremonths and arrange a payment plan to spread the amount in regularincrements over warmer months. Fixed monthly payments wouldcontinue until Sept. 2001. The plan joins two other programs,including the Low Income Home Energy Assistance Programadministered by the Illinois Department of Commerce and CommunityAffairs, and Sharing, an assistance program administered by theSalvation Army and funded by Nicor. For information about theprograms, call (888) 642-6748.
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Articles from Support
Price Rises Likely to Get Steeper After Screen Explosion
Even with much of its cold weather support disappearing, thecash market still found cause for moderate bullishness Wednesday.But that’s expected to pale in comparison to the fireworks thatsources were predicting for today after the screen exploded withgains of more than 35 cents in both the November and Decembercontracts following AGA’s below-expectations storage report.
Cool Weather Has East Softer While West Rebounds
Despite good support from gas futures, eastern cash prices weredropping by a nickel or so Monday as comfortable fall-like weatherprevailed almost everywhere and Hurricane Isaac remained extremelyremote from the Gulf of Mexico.
Probe of New England ICAP Market Supported
New England regulators and market participants said they supportan investigation by FERC into the operation of the installedcapacity (ICAP) market in the New England Power Pool (NEPOOL)during this past April-July period.
Power and Storage Demand, Cool Weather Boost Prices
The cash market remained bullish Tuesday despite flaggingsupport from energy futures. That was being replaced by moderateheating load starting to surface in northern market areas alongwith strong power generation demand and storage concerns in theWest.
Quarter-Plus Advances Saturate Cash Pricing
Wednesday’s cash market gains got even bigger Thursday asfutures continued to lend support. Virtually all gains were about aquarter or more, with the larger ones of more than 30 centsclustered mainly in the West. Malin led the pack by advancingslightly more than 40 cents.
Williams Inks Power Deal With Hoosier Energy
Williams said its new 170 MW gas-fired power plant underconstruction in Worthington, IN, will support a full requirementsagreement with Bloomington-based Hoosier Energy and that Hoosierwill have an option to buy the plant at the end of the contractterm.
Williams Inks Power Deal with Hoosier Energy
Williams said its new 170 MW gas-fired power plant underconstruction in Worthington, IN, will support a full requirementsagreement with Bloomington-based Hoosier Energy and that Hoosierwill have an option to buy the plant at the end of the contractterm.
FERC Staff Threatens to Dismiss Petal Project
Absent a showing of market support, the Federal EnergyRegulatory Commission staff last week threatened to dismiss PetalGas Storage L.L.C.’s amended proposal in which it seeks to expandthe deliverability of its storage facilities in Mississippi.
FERC Staff Threatens to Dismiss Petal Project
Absent a showing of market support, the Federal EnergyRegulatory Commission staff has threatened to dismiss Petal GasStorage L.L.C.’s amended proposal in which it seeks to expand thedeliverability of its storage facilities in Mississippi.
