Choice Gas Pricing
ONEOK Energy Marketing helps warm the homes -- and lives -- of thousands of Nebraskans. We offer three simple pricing options -- fixed, market index and blended.
Each year we research pricing options available to Choice Gas customers to ensure that we only offer quality pricing options that are easy to understand. We believe in straightforward pricing. Make the best choice, choose ONEOK Energy Marketing. Below are descriptions of our pricing options.
Fixed Rate
A fixed price per dekatherm consumed for 12 months. Your gas bill will vary based only on your gas usage. This price option has the least amount of risk because you are not subject to price swings in the natural gas market.
Market Index Rate
The Market Index Rate is comprised of two components -- the PEPL Index and the Adder. The PEPL Index portion of your price changes monthly with the market, while your Adder stays the same for 12 months. This option has a higher amount of price risk to the customer because it is subject to swings in the natural gas market. If natural gas prices increase, so will the price you pay per dekatherm. However, if prices go down, the amount you pay per dekatherm also will go decrease.
Blended Rate
This is a combination of a fixed rate and a market index rate. Sixty-five percent of your monthly volume will be at a fixed price. The remaining 35 percent of your monthly volume will be at the PEPL Index plus your adder. This price option is the middle ground. You can take advantage of the dips in the market price for natural gas without being fully exposed to the upward swings.
If you would like more information about our pricing options please call our toll free number at 1-877-274-5710 to speak with a knowledgeable customer service representative.