Residential Energy Plans

PriceCap® Plan

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.

  • Enjoy a guaranteed maximum price per therm and, unlike fixed price plans, don’t be stuck with one set price if natural gas prices go down    
  • Included on your Nicor Gas bill if you receive service from Nicor Gas
  • One convenient monthly gas bill from us if you receive service from Peoples Gas or North Shore Gas

Protection And Flexibility

With PriceCap, your price per therm is set at the guaranteed price, unless natural gas prices go down, in which case you will pay the lower rate. 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 price, you pay the guaranteed price. If it is lower, you pay the lower amount! You never pay more for your natural gas than the guaranteed price, no matter how high natural gas prices may go. 

  • Provides potential savings compared to a fixed-price product should prices fall
  • Locked-in cap guarantees your gas price will never exceed the set amount per therm
  • Plan includes a $1.99 monthly administrative charge

How It Works

By choosing the PriceCap plan, you’ll be enrolling in the Choice program. 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.

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