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Common Natural Gas Terms
 
Automatic Payment PlanThe amount of your energy bill will be deducted from your chosen account each month on the due date.
BiogasGas derived from the anaerobic decomposition of organic matter.
BudgetWise® BillingThe customer's annual usage is estimated so the same amount is paid each month.
Ccf or CCF100 cubic feet of gas
City GateThe point at which natural gas enters the local distribution system.
Customer Service ChargeA portion of the customer's monthly bill that covers MichCon's cost for meter reading, billing, gas leak emergencies and telephone service. This charge remains on the bill whether a customer elects to choose another gas provider or not.
Delivery ChargeA portion of the customer's monthly bill that covers MichCon's cost for delivering natural gas to a business/residence. It includes pipeline maintenance and storage. This charge remains on the bill whether a customer elects to choose another gas provider or not.
FlaredThe burning of natural gas at the well head.
Gas Cost Recovery (GCR)Regulated by the Michigan Public Service Commission, GCR allows MichCon to recover the cost it pays for gas for its regulated customers. Under the system, MichCon does not make a profit on the sale of gas. There is no mark-up; the cost of gas is a direct pass-through to customers. Also, the rate actually charged customers might be less than the authorized maximum rate.
Gas Customer ChoiceThe name for MichCon's retail gas choice program.
HydrocarbonA family of compounds containing the elements carbon and hydrogen.
KerogenA hydrocarbon that is the chief constituent of oil shale.
MercaptanAn odorant added to natural gas for safety detection purposes.
Mcf or MCF1,000 cubic feet of gas
Natural gasA mixture of hydrocarbon gases and vapors occurring naturally in certain geologic formations. The chief gas is methane.
NominationVolume of gas to be delivered to a distributor by customer or agent.
Peak demandThe maximum amount of energy (natural gas, etc.) delivered during a stated period of time.
PorosityThe ratio of the volume of space to the volume of solid rock in a formation indicating how much oil, natural gas, or water the formation can hold.
ReservoirA subsurface, porous, permeable rock formation in which oil and/or natural gas has accumulated.
Source rockA rock from which oil or natural gas is generated from organic materials.
Unconventional natural gasNatural gas derived from sources other than conventional petroleum formation.
Winter Protection PlanProvides seniors and low-income customers protection from shut-off between December 1st and March 31st.
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