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Imbalance Trading During December 2025
Cashout rates for November 2025 Imbalances
Schedule G-BAL:
Trading for cumulative and operating imbalances starts December 12th.
Trading for cumulative and operating imbalances ends December 29th at 5 p.m. Pacific time.
| G-Bal Cashout Rates ($/Dth) | |||||
| Commodity | Transportation | Total Commodity plus Transportation | |||
|---|---|---|---|---|---|
| 5% - 10% | Over 10% | 5% - 10% | Over 10% | ||
| Overdeliveries | $1.7770 | $0.8785 | $0.2401 | $2.0171 | $1.1186 |
| Underdeliveries | $4.4660 | $5.4000 | $0.7581 | $5.2241 | $6.1581 |
| Note: All figures are $/Dth. Your imbalance statement / Detail of Bill is stated in therms. | |||||
CPBA:
Trading for California Production imbalances starts December 15th.
Trading for California Production imbalances ends December 31st at 5 p.m. Pacific time.
| CPBA Cashout Rates ($/Dth) | ||
| Tier I | Tier II | |
|---|---|---|
| 0-10 % | Over 10% | |
| Overdeliveries | $2.2508 | $0.8785 |
| Underdeliveries | $3.7515 | $5.4000 |
| Note: All figures are $/Dth. Your imbalance statement / Detail of Bill is stated in therms. | ||