The New York Mercantile Exchange (NYMEX) month-end settlement price for May was $4.155 per mcf, down from $4.271 at the end of April. This means that Dominion East Ohio’s (DEO) Standard Choice Offer (SCO) rate will be $5.355 per mcf for the month beginning on June 16.
Based on the most recent information on the PUCO’s Apples to Apples website, marketers are not offering one-year fixed rate contracts for less than $7.30 per mcf. At this time, we recommend staying with DEO’s variable SCO rate if you have not locked in with another supplier.
