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How high would prices have to go to make the price cap pay off for me?

April 26, 2017cap high pay price prices

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How high would prices have to go to make the price cap pay off for me?

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Here’s one way to determine the value of a price cap to you. Based on an average annual usage of 800 gallons, if the market rate stays at an average of 15 cents above the cap price, this will virtually pay for the $120 annual price cap fee. If the market rate goes any higher than that, the price cap will save you money. For example, if average market rates stay 40 cents higher than the price cap, you will save $208.