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Commerce Energy Begins Offering Residential Service at Atlanta Gas Light
September 15, 2011
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Commerce Energy said in a filing with the Georgia PSC that it will start selling natural gas products at Atlanta Gas Light on September 15, 2011, and offers went live on Commerce's website late this morning.
The Georgia PSC re-authorized Commerce to serve customers at Atlanta Gas Light this spring, (3/28), but Commerce has not offered residential service in Georgia since that order. Commerce, now owned by Just Energy, had not served customers at AGL since April 2009, when then-parent Universal Energy transferred or unwound the remaining national account contracts Commerce had in Georgia. Commerce had previously exited the Georgia residential market in 2006.
Commerce had filed residential rates with the PSC, in compliance with the monthly price reporting obligation, in early September; however, Commerce expressly said that those filed rates were not available to customers at that time, and the rates were not included in the September PSC pricing chart.
Commerce's new filing with the Commission, in which Commerce states that it, "will start selling these products on September 15, 2011," includes two variable products, and two fixed products, as follows:
- 12 Billing Cycles Fixed: Fixed commodity charge of $0.689 per therm plus a customer service charge of $5.95. An early termination fee of $75 applies.
- 36 Billing Cycles Fixed: Fixed commodity charge of $0.799 per therm plus a customer service charge of $5.95. An early termination fee of $75 applies for each year of uncompleted service under the contract.
- Standard Variable Rate Plan: Commodity charge of $1.02 per therm plus a customer service charge of $5.95 or up to $9.95, depending on customer credit
- Georgia Saver Variable: Commodity charge of $0.980 per therm plus a customer service charge of $5.95. This product includes guaranteed savings over the first 24 months or a $200 rebate.
Under the Georgia Saver Variable savings guarantee, Commerce Energy will make reasonable efforts to ensure that the Simple Average Price of the customer's natural gas commodity price, for the initial 24 months of the program, is lower than the arithmetic mean of the Simple Average Prices of the following three competitive marketers: Georgia Natural Gas, SCANA Energy, and Gas South.
The Simple Average Price for each competitor will be calculated using the Standard Variable prices as published on the Georgia Public Service Commission website each month. The calculation will be based on the natural gas commodity per therm price and does not compare any other charges including, but not limited to, AGL charges, Service Fees, the Interstate Pipeline Capacity Charge, Meter Service Fees, or Taxes.
Should the arithmetic mean of the Simple Average Prices of the competitors be less than Commerce Energy's Simple Average Price for the first 24 month period, Commerce will issue the customer a one-time credit on the customer's bill in the amount of $200.
All commodity charges listed above include in the rate the interstate capacity charges. The rates above do not include the Base Charge from Atlanta Gas Light Company.
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