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 | |
| 24-Nov | $1.7827 | $0.4966 | $2.2793 | 1.031 | $2.3500 | $1.4100 | $1.9975 | $2.1150 | $2.3500 | $2.3500 | $2.5850 | $2.7025 | $3.2900 |
| 24-Oct | $1.4775 | $0.4893 | $1.9668 | 1.029 | $2.0238 | $1.2143 | $1.7202 | $1.8214 | $2.0238 | $2.0238 | $2.2262 | $2.3274 | $2.8333 |
| 24-Sep | $1.4583 | $0.4889 | $1.9472 | 1.030 | $2.0056 | $1.2034 | $1.7048 | $1.8050 | $2.0056 | $2.0056 | $2.2062 | $2.3064 | $2.8078 |
| 24-Aug | $1.3937 | $0.4877 | $1.8814 | 1.031 | $1.9397 | $1.1638 | $1.6487 | $1.7457 | $1.9397 | $1.9397 | $2.1337 | $2.2307 | $2.7156 |
| 24-Jul | $1.3846 | $0.4876 | $1.8722 | 1.033 | $1.9340 | $1.1604 | $1.6439 | $1.7406 | $1.9340 | $1.9340 | $2.1274 | $2.2241 | $2.7076 |
| 24-Jun | $1.5890 | $0.4914 | $2.0804 | 1.033 | $2.1491 | $1.2895 | $1.8267 | $1.9342 | $2.1491 | $2.1491 | $2.3640 | $2.4715 | $3.0087 |
| 24-May | $1.4594 | $0.4889 | $1.9483 | 1.034 | $2.0145 | $1.2087 | $1.7123 | $1.8131 | $2.0145 | $2.0145 | $2.2160 | $2.3167 | $2.8203 |
| 24-Apr | $1.3235 | $0.4864 | $1.8099 | 1.033 | $1.8696 | $1.1218 | $1.5892 | $1.6826 | $1.8696 | $1.8696 | $2.0566 | $2.1500 | $2.6174 |
| 24-Mar | $1.3244 | $0.4881 | $1.8125 | 1.032 | $1.8705 | $1.1223 | $1.5899 | $1.6835 | $1.8705 | $1.8705 | $2.0576 | $2.1511 | $2.6187 |
| 24-Feb | $1.4546 | $0.4907 | $1.9453 | 1.033 | $2.0095 | $1.2057 | $1.7081 | $1.8086 | $2.0095 | $2.0095 | $2.2105 | $2.3109 | $2.8133 |
| 24-Jan | $3.1971 | $0.4563 | $3.6534 | 1.033 | $3.7740 | $2.2644 | $3.2079 | $3.3966 | $3.7740 | $3.7740 | $4.1514 | $4.3401 | $5.2836 |
| 23-Dec | $1.8021 | $0.4289 | $2.2310 | 1.033 | $2.3046 | $1.3828 | $1.9589 | $2.0741 | $2.3046 | $2.3046 | $2.5351 | $2.6503 | $3.2264 |
| 23-Nov | $1.9808 | $0.4326 | $2.4134 | 1.033 | $2.4930 | $1.4958 | $2.1191 | $2.2437 | $2.4930 | $2.4930 | $2.7423 | $2.8670 | $3.4902 |
| 23-Oct | $1.2079 | $0.4173 | $1.6252 | 1.033 | $1.6788 | $1.0073 | $1.4270 | $1.5109 | $1.6788 | $1.6788 | $1.8467 | $1.9306 | $2.3503 |
| 23-Sep | $1.3493 | $0.4204 | $1.7697 | 1.032 | $1.8263 | $1.0958 | $1.5524 | $1.6437 | $1.8263 | $1.8263 | $2.0089 | $2.1002 | $2.5568 |
| 23-Aug | $1.1497 | $0.4163 | $1.5660 | 1.032 | $1.6161 | $0.9697 | $1.3737 | $1.4545 | $1.6161 | $1.6161 | $1.7777 | $1.8585 | $2.2625 |
| 23-Jul | $1.4414 | $0.4222 | $1.8636 | 1.032 | $1.9232 | $1.1539 | $1.6347 | $1.7309 | $1.9232 | $1.9232 | $2.1155 | $2.2117 | $2.6925 |
| 23-Jun | $1.3538 | $0.4205 | $1.7743 | 1.033 | $1.8329 | $1.0997 | $1.5580 | $1.6496 | $1.8329 | $1.8329 | $2.0162 | $2.1078 | $2.5661 |
| 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 |
*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.