Oklahoma Natural Gas announced the start of enrollment for its customers in a program that locks the cost of natural gas on their monthly bills for the next 12 months.
The enrollment period for ONG’s more than 918,000 residential, commercial and industrial customers in Oklahoma, will end Oct. 15. Under the program, Oklahoma Natural Gas offers the Voluntary Fixed-Price Program for customers who want consistent per-unit natural gas costs. This year’s price will be $4.175 per dekatherm and will run for the 12 billing months of November 2024 through October 2025 for participants.
ONG, a division of ONE Gas, Inc. and also the largest natural gas distributor in the state in terms of customers explained that program enrollment is limited and is on a first-come, first-served basis.
“Customers who choose this optional program can plan their budget by locking in the cost of natural gas month over month,” said Samette Britt, vice president of customer service. “Natural gas costs are the most unpredictable part of the bill, and this program effectively eliminates that unpredictability.”
The monthly amount of natural gas customers use will be multiplied by $4.175. Bills will still include the cost of Oklahoma Natural Gas services, fees and taxes. The program doesn’t guarantee savings because the cost of natural gas that unenrolled customers pay could be lower.
Customers must enroll for the entire 12-month period. Residential and small commercial and industrial customers, schools and hospitals can participate. Small commercial customers (businesses using 150 dekatherms or less annually) must also enroll in the Automatic Bank Draft Plan to be eligible.
Source: ONG press release