We submit a rate change to the state quarterly. A component of the rate is a catch-up to make up for price changes during the quarter. So price increases and decreases do get to the consumer at a slower rate than on the wholeslae market.
Do you know if there are any new models of natural burners which would heat as well, but consume less?
I don't know. I'm fairly new to the industry. ,
As I post this Natural Gas for the November contract is @$13.900 down -0.296.
It's profit taking Friday. All the traded energies are down. November Crude is off $1.09 @$65.70. In relation to the end of 2003 oil & natural gas prices have more than doubled.
Have a good weekend!