As an Ohio customer, you have a choice when it comes to who supplies your natural gas. You can choose Vectren – or another supplier. Why choose?  Well, let’s first make sure you understand your bill.

There are two key parts to the bill – the Distribution and Service Charges, which reflect the cost Vectren Energy Delivery (Vectren) incurs to DELIVER the gas to your home – and then there’s the Gas Cost Charge – which reflects the cost of the natural gas you use. 

How are natural gas prices determined?
Natural gas is a commodity that’s bought and sold in an open market – just like oil or even stocks. It’s traded daily on the New York Mercantile Exchange, or NYMEX market. Its price can fluctuate daily based on supply and demand, weather or even the economy. The bottom line – no one can predict its price.

How can choosing a natural gas supplier help you? 
Natural gas suppliers can offer pricing options that Vectren cannot. For example, through a supplier you can lock in a fixed rate and avoid uncertainties that often come with a fluctuating market. Some suppliers even make offers whereby they guarantee to beat Vectren’s monthly SSO price for a set period of time. Simply put, you have options with suppliers that you don’t have with Vectren – and these options can provide peace of mind and perhaps price savings.

How do you shop around?
You can find the current Vectren SSO rate and those of competing suppliers on the Public Utilities Commission of Ohio web site. The PUCO also has a unique tool called Apples to Apples interactive calculator that helps you compare Vectren’s price per unit to one from a Choice supplier. The Ohio Consumers’ Counsel offers a similar tool called Calculating Your Energy Choices. Find other helpful tips at Vectren.com/Ohio.

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