PriceCap offers both protection and flexibility. You are protected if market prices for natural gas rise and you can take advantage of lower prices if prices on our plan fall.
With PriceCap, your price per therm is capped at the guaranteed maximum price, unless natural gas prices on the plan* go down, in which case you will pay the lower rate for that month. Each month, the price per therm is based on a published natural gas market price, plus a set amount per therm. If that price is higher than your guaranteed maximum price, you pay the guaranteed maximum price. If it is lower, you pay the lower amount! You never pay more per therm than the guaranteed maximum price, no matter how high natural gas prices may go. The plan also includes a $1.99 monthly administrative charge
By choosing the PriceCap plan, you’ll be enrolling in the Choice program if you are not already with a Choice supplier. Nicor Advanced Energy will supply your gas, and the gas utility will continue to deliver your gas, read your meter, and respond to any gas leaks. Click here to view our terms in the Nicor Gas territory.Click here to view our terms in the Peoples Gas & North Shore Gas territories.
* Natural Gas Intelligence (NGI) first-of-month Bidweek Survey Chicago Citygate price plus a fixed cents-per-therm charge.
Please note: Our name will be changing to Illinois Energy, USA,LLC on November 1, 2017.
Nicor Advanced Energy's price may be lower or higher than traditional utility service at any time during the term of your agreement.