New Contract For Natural Gas Program
Fixed Rates Will Greate Price Stability

ABAG POWER'S Natural Gas Program is pleased to announce that it has secured a one-year contract with TXU Energy Services that locks in 75 percent of the load needed by program members at a fixed rate. Effective July 2001 through June 2002, this contract will provide cost stability and insulate members from the significant price fluctuations currently experienced in the monthly natural gas market. It will help the Gas Program members that represent 46 cities, counties, districts, and agencies throughout northern California project their energy / gas program budget and realize a potential savings. The new rate will also help reduce rates paid through the levelized payment system.

The Natural Gas Program continues to field many inquiries about joining the program and has recently added two new members: Eastside Union High School District and the County of San Mateo.

For more information, contact Jerry Lahr, ABAG POWER Program Manager, at (510) 464-7908 or e-mail JerryL@abag.ca.gov