Originally posted by ScoobyDoo
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First, the four biggest providers said this:
Xcel -- $250-300
Centerpoint -- $300-400
MERC -- $250-300
Great Plains Gas -- $200-300
So, $400 grabs the headlines, but that's misleading.
Second, the way gas pricing works is that in September they "true up" the actual costs of gas compared with what they charged. Any over or under charges are then spread out over the next 12 months. Thus, the cost to you would likely be $20-25/month over the course of a year, starting in September. That assumes that there aren't other factors between now and September that affect the price either up or down.
Furthermore, the PUC is looking at spreading that "true up" over a longer period to help out consumers.
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