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The Daily Insight

What is gas procurement charges?

Author

Rachel Ross

Updated on May 07, 2026

What is gas procurement charges?

Gas Core Procurement Cost: The utility’s cost to buy natural gas and transport it to its local transmission system. The price usually changes on the first business day of each month.

What is the current price per therm for natural gas?

The average natural gas cost per therm is $0.95 or $9.52 per thousand cubic feet. One therm is equal to 100 cubic feet of natural gas.

What is Justenergy?

Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions and renewable energy options to customers. Currently operating in the United States and Canada, Just Energy serves residential and commercial customers.

What is a procurement charge?

Procurement Costs means the amount paid or payable in respect of salaries, bonuses and benefits in connection with the employment by the Company of the Procurement Personnel and the monthly license fee paid in respect of the Procurement Software.

What does gas procurement mean?

What Does Energy Procurement Mean? Commercial energy procurement is the process of sourcing the fuel or electricity a business needs to power its operations. This can be done by purchasing fuel from retail suppliers or from a utility company.

How do you calculate cost per therm?

If your price for natural gas is based on $ per 1,000 cubic feet or MMBtu, divide that number by 10 to enter above. For example, if your cost for natural gas is $8.50 per 1,000 cubic feet, then divide by 10 and enter $0.85 as your price per therm.

What is Socal gas charge?

What does the Public Purpose Surcharge Pay For? This charge is used to fund Public Purpose Programs such as California Alternate Rates for Energy (CARE), Energy Savings Assistant Program, energy efficiency and research development. CARE customers are excluded from paying the CARE portion of the surcharge.

How is natural gas cost calculated?

If your price for natural gas is based on $ per 1,000 cubic feet, divide that number by 10 to enter above. For example, if your cost for natural gas is $14.00 per 1,000 cubic feet, then divide by 10 and enter $1.40 as your price per therm.

What is Oncor TDU delivery charges?

TDU Delivery Charges are what your local Transmission and Distribution Utility (TDU) company charges each customer for the cost of maintaining electricity poles & wires, meters, storm restoration, etc. This is a modal window.

Is 4Change energy a good company?

4Change Energy is reviewed 5th among all of our providers with an average score of 3.95 out of 5.00. The average reviews overall review is 2.28 out of 5.00.