Price Cap Option
This price option guarantees the electing Customer a "not-to-exceed" price ("Price Cap") which price sets the maximum price that the Customer will be charged for gas supply commodity charges for the term of its service. The applicable Price Cap shall be that price posted by the Company as its "Price Cap" for the month in which the Customer makes its service election. In the event the service is automatically extended as provided in this Rider, the applicable Price Cap for each annual extension shall be the price posted by the Company as its Price Cap in the month prior to the first month of the new service term.

To the extent the Company offers a series of price caps which vary based upon customer consumption patterns, the electing Customer shall receive the Price Cap based on the consumption pattern that best approximates their consumption pattern in the prior twelve months. The Price Cap shall be the maximum price that can be charged for gas supply throughout the service term. However, in those months in which the otherwise applicable commodity cost component of the Gas Supply Cost of the rate schedule under which the Customer receives basic service is less than the Price Cap, the Customer shall be billed for their gas supply commodity charges at the lower commodity cost. In those months in which the otherwise applicable commodity cost component of the Gas Supply Cost is higher than the Price Cap, the Price Cap shall apply.

Monthly gas supply prices set by the Company under this section may include a fixed price component and a commodity price component, as deemed appropriate and reasonable by the Company.