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 | |
| 23-May | $1.3760 | $0.4210 | $1.7970 | 1.033 | $1.8563 | $1.1138 | $1.5779 | $1.6707 | $1.8563 | $1.8563 | $2.0419 | $2.1347 | $2.5988 |
| 23-Apr | $1.6395 | $0.4339 | $2.0734 | 1.032 | $2.1397 | $1.2838 | $1.8187 | $1.9257 | $2.1397 | $2.1397 | $2.3537 | $2.4607 | $2.9956 |
| 23-Mar | $2.0912 | $0.4520 | $2.5432 | 1.032 | $2.6246 | $1.5748 | $2.2309 | $2.3621 | $2.6246 | $2.6246 | $2.8871 | $3.0183 | $3.6744 |
| 23-Feb | $1.9981 | $0.4494 | $2.4475 | 1.033 | $2.5283 | $1.5170 | $2.1491 | $2.2755 | $2.5283 | $2.5283 | $2.7811 | $2.9075 | $3.5396 |
| 23-Jan | $2.5495 | $0.4649 | $3.0144 | 1.033 | $3.1139 | $1.8683 | $2.6468 | $2.8025 | $3.1139 | $3.1139 | $3.4253 | $3.5810 | $4.3595 |
| 22-Dec | $4.6857 | $0.5616 | $5.2473 | 1.031 | $5.4100 | $3.2460 | $4.5985 | $4.8690 | $5.4100 | $5.4100 | $5.9510 | $6.2215 | $7.5740 |
| 22-Nov | $4.1414 | $0.5462 | $4.6876 | 1.030 | $4.8282 | $2.8969 | $4.1040 | $4.3454 | $4.8282 | $4.8282 | $5.3110 | $5.5524 | $6.7595 |
| 22-Oct | $4.5640 | $0.5537 | $5.1177 | 1.031 | $5.2763 | $3.1658 | $4.4849 | $4.7487 | $5.2763 | $5.2763 | $5.8039 | $6.0677 | $7.3868 |
| 22-Sep | $6.5067 | $0.6079 | $7.1146 | 1.030 | $7.3280 | $4.3968 | $6.2288 | $6.5952 | $7.3280 | $7.3280 | $8.0608 | $8.4272 | $10.2592 |
| 22-Aug | $7.8325 | $0.6452 | $8.4777 | 1.031 | $8.7405 | $5.2443 | $7.4294 | $7.8665 | $8.7405 | $8.7405 | $9.6146 | $10.0516 | $12.2367 |
| 22-Jul | $6.2675 | $0.6011 | $6.8686 | 1.032 | $7.0884 | $4.2530 | $6.0251 | $6.3796 | $7.0884 | $7.0884 | $7.7972 | $8.1517 | $9.9238 |
| 22-Jun | $6.7983 | $0.6161 | $7.4144 | 1.034 | $7.6665 | $4.5999 | $6.5165 | $6.8999 | $7.6665 | $7.6665 | $8.4332 | $8.8165 | $10.7331 |
| 22-May | $7.0752 | $0.6239 | $7.6991 | 1.034 | $7.9609 | $4.7765 | $6.7668 | $7.1648 | $7.9609 | $7.9609 | $8.7570 | $9.1550 | $11.1453 |
| 22-Apr | $5.9460 | $0.5908 | $6.5368 | 1.032 | $6.7460 | $4.0476 | $5.7341 | $6.0714 | $6.7460 | $6.7460 | $7.4206 | $7.7579 | $9.4444 |
| 22-Mar | $4.2149 | $0.4490 | $4.6639 | 1.033 | $4.8178 | $2.8907 | $4.0951 | $4.3360 | $4.8178 | $4.8178 | $5.2996 | $5.5405 | $6.7449 |
| 22-Feb | $4.1777 | $0.4479 | $4.6256 | 1.032 | $4.7736 | $2.8642 | $4.0576 | $4.2962 | $4.7736 | $4.7736 | $5.2510 | $5.4896 | $6.6830 |
| 22-Jan | $3.8443 | $0.4378 | $4.2821 | 1.034 | $4.4277 | $2.6566 | $3.7635 | $3.9849 | $4.4277 | $4.4277 | $4.8705 | $5.0919 | $6.1988 |
| 21-Dec | $3.0032 | $0.4122 | $3.4154 | 1.033 | $3.5281 | $2.1169 | $2.9989 | $3.1753 | $3.5281 | $3.5281 | $3.8809 | $4.0573 | $4.9393 |
*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.