PriceCap offers both protection and flexibility. You are protected if market prices for natural gas rise and you can take advantage of lower prices if prices on our plan fall.
With PriceCap, your price per therm is set at the guaranteed price, unless natural gas prices go down, in which case you will pay the lower rate. Each month, the price per therm is based on a published natural gas market price, plus a set amount per therm. If that price is higher than your guaranteed price, you pay the guaranteed price. If it is lower, you pay the lower amount! You never pay more for your natural gas than the guaranteed price, no matter how high natural gas prices may go.
By choosing the PriceCap plan, you’ll be enrolling in the Choice program. Nicor Advanced Energy will supply your gas, and the gas utility will continue to deliver your gas, read your meter, and respond to any gas leaks. Click here to view our terms in the Nicor Gas territory.Click here to view our terms in the Peoples Gas & North Shore Gas territories.