Month-End Imbalance Cashout Rates
Month-End Imbalance Cashout Rates Applicable to Post Trading Imbalances
| Month | Market Price of Gas | Transport. to City Gate | Month-End Cashout Index | BTU Factor | Month-End Cashout Index | Surplus Pricing Tier 3 - Imbalance > 20% long | Surplus Pricing Tier 2 - Imbalance 15% - 20% long | Surplus Pricing Tier 1 - Imbalance 5% - 15% long | Market Pricing Tier - Imbalance 0% - 5% long | Market Pricing Tier - Imbalance 0% - 5% short | Deficiency Pricing Tier 1 - Imbalance 5% - 15% short | Deficiency Pricing Tier 2 - Imbalance 15% - 20% short | Deficiency Pricing Tier 3 - Imbalance > 20% short |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Multiplier | 60% | 85% | 90% | 100% | 100% | 110% | 115% | 140% | |||||
| $/Dth | $/Dth | $/Dth | Dth/Mcf | $/Mcf | $/Mcf | $/Mcf | $/Mcf | $/Mcf | $/Mcf | $/Mcf | $/Mcf | $/Mcf | |
| 26-Apr | $2.0001 | $0.5190 | $2.5191 | 1.031 | $2.5972 | $1.5583 | $2.2076 | $2.3375 | $2.5972 | $2.5972 | $2.8569 | $2.9868 | $3.6361 |
| 26-Mar | $2.3400 | $0.5300 | $2.8600 | 1.031 | $2.9500 | $1.7700 | $2.5100 | $2.6600 | $2.9500 | $2.9500 | $3.2500 | $3.3900 | $4.1300 |
| 26-Feb | $3.1400 | $0.5500 | $3.6800 | 1.031 | $3.8000 | $2.2800 | $3.2300 | $3.4200 | $3.8000 | $3.8000 | $4.1800 | $4.3700 | $5.3200 |
| 26-Jan | $9.1800 | $0.7100 | $9.8900 | 1.031 | $10.1900 | $6.1200 | $8.6700 | $9.1800 | $10.1900 | $10.1900 | $11.2100 | $11.7200 | $14.2700 |
| 25-Dec | $3.6500 | $0.5600 | $4.2100 | 1.031 | $4.3400 | $2.6000 | $3.6900 | $3.9100 | $4.3400 | $4.3400 | $4.7700 | $4.9900 | $6.0800 |
| 25-Nov | $3.2600 | $0.5500 | $3.8100 | 1.029 | $3.9200 | $2.3500 | $3.3300 | $3.5300 | $3.9200 | $3.9200 | $4.3100 | $4.5000 | $5.4800 |
| 25-Oct | $2.0100 | $0.5200 | $2.5300 | 1.030 | $2.6100 | $1.5600 | $2.2100 | $2.3400 | $2.6100 | $2.6100 | $2.8700 | $3.0000 | $3.6500 |
| 25-Sep | $1.6800 | $0.5100 | $2.1900 | 1.031 | $2.2600 | $1.3500 | $1.9200 | $2.0300 | $2.2600 | $2.2600 | $2.4800 | $2.5900 | $3.1600 |
| 25-Aug | $2.0700 | $0.5200 | $2.5900 | 1.032 | $2.6700 | $1.6000 | $2.2700 | $2.4100 | $2.6700 | $2.6700 | $2.9400 | $3.0700 | $3.7400 |
| 25-Jul | $2.6200 | $0.5400 | $3.1500 | 1.032 | $3.2500 | $1.9500 | $2.7700 | $2.9300 | $3.2500 | $3.2500 | $3.5800 | $3.7400 | $4.5600 |
| 25-Jun | $2.1300 | $0.5200 | $2.6500 | 1.033 | $2.7400 | $1.6400 | $2.3200 | $2.4600 | $2.7400 | $2.7400 | $3.0100 | $3.1500 | $3.8300 |
| 25-May | $2.2000 | $0.5200 | $2.7300 | 1.033 | $2.8200 | $1.6900 | $2.3900 | $2.5300 | $2.8200 | $2.8200 | $3.1000 | $3.2400 | $3.9400 |
| 25-Apr | $2.6600 | $0.5400 | $3.2000 | 1.032 | $3.3000 | $1.9800 | $2.8000 | $2.9700 | $3.3000 | $3.3000 | $3.6300 | $3.7900 | $4.6200 |
| 25-Mar | $3.2200 | $0.5300 | $3.7400 | 1.032 | $3.8600 | $2.3200 | $3.2800 | $3.4800 | $3.8600 | $3.8600 | $4.2500 | $4.4400 | $5.4100 |
| 25-Feb | $3.9200 | $0.5400 | $4.4600 | 1.033 | $4.6100 | $2.7600 | $3.9200 | $4.1500 | $4.6100 | $4.6100 | $5.0700 | $5.3000 | $6.4500 |
| 25-Jan | $4.1700 | $0.5400 | $4.7200 | 1.034 | $4.8800 | $2.9300 | $4.1500 | $4.3900 | $4.8800 | $4.8800 | $5.3700 | $5.6100 | $6.8300 |
| 24-Dec | $2.6700 | $0.5100 | $3.1800 | 1.033 | $3.2900 | $1.9700 | $2.7900 | $2.9600 | $3.2900 | $3.2900 | $3.6100 | $3.7800 | $4.6000 |
| 24-Nov | $1.7800 | $0.5000 | $2.2800 | 1.031 | $2.3500 | $1.4100 | $2.0000 | $2.1200 | $2.3500 | $2.3500 | $2.5900 | $2.7000 | $3.2900 |
| 24-Oct | $1.4800 | $0.4900 | $1.9700 | 1.029 | $2.0200 | $1.2100 | $1.7200 | $1.8200 | $2.0200 | $2.0200 | $2.2300 | $2.3300 | $2.8300 |
*Revised
Notes:
(a) The Market Price of Gas is established utilizing “Dominion South Point”, referred to in the SNL Natural Gas Index (“SNL”) as the “Dominion S”.
(b) Transportation costs include 100% Load Factor Demand costs & commodity costs on DTI and National Fuel Gas Supply plus associated fuel cost equal to the retention rate times the market price of gas.