Here is an explanation of the terms used on your monthly MGU bill:
- CCF (100 cubic feet)
- The volume of gas measured by your gas meter.
- Customer charge
- Helps cover the costs of supplying equipment used to serve
customers, issuing bills and providing customer service programs.
- Estimate
- An estimated reading is based on actual past use, seasonal
trends and weather. Any difference between the estimated reading
and the actual one will be made up the next time the meter
is read.
- Gas cost recovery (GCR)
- Natural gas rates are adjusted periodically because of increases and decreases
in the prices charged by the companies that supply the gas we deliver to you. These changes
are reflected on your bill as Gas Cost Recovery (GCR). We do not mark up the prices we pay
these suppliers for the gas.
- Gas supply acquisition charge
- The purchase and management of gas supplies for our customers, as well as the
carrying costs of purchasing gas supplies in the summer and storing these gas supplies
until winter.
- Heating degree days
- A measure of the need for heating based on temperature. Heating degree days are
calculated by subtracting the average daily temperature from 65 degrees Fahrenheit.
- Late payment charge (LPC)
- Commission authorized charge of 1% per month on unpaid service balances not paid
in full within 20 days following the issuance of the bill.
- Local distribution service
- The safe, reliable transportation of gas across
the MGU gas distribution system to customers, including metering, billing and
customer service; includes both "Fixed" and "Volumetric" charges to more accurately match
the actual costs of providing these services. Fixed charges do not vary with your usage;
Volumetric charges will vary with your usage.