Schools could save money under ONG plan - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Schools could save money under ONG plan

Updated:

(Oklahoma City-AP) -- Schools and small businesses in the state could save money under a proposal by Oklahoma Natural Gas.

ONG is asking the state Corporation Commission to allow many schools and businesses to buy natural gas supplies on the open market from a third party, rather than from ONG.

ONG estimates more than 2,000 schools and small businesses could save an average of up to $10,000 per year.

The change is not without risk. Customers buying natural gas on the open market often must pay a penalty if they use 5% more or 5% less than they ordered.

Customers can also lock in a rate only to see the price drop.

ONG would still charge for delivery of the gas, which is how the company makes money.
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