Barracuda Energy, LLC

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Why Barracuda
What is SCO?
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Barracuda Energy, LLC

Barracuda Energy, LLCBarracuda Energy, LLCBarracuda Energy, LLC
Home
Why Barracuda
What is SCO?
FAQs
Contact
More
  • Home
  • Why Barracuda
  • What is SCO?
  • FAQs
  • Contact
  • Home
  • Why Barracuda
  • What is SCO?
  • FAQs
  • Contact

If you received a postcard saying you were assigned to Barracuda Energy, or if you are wondering why Barracuda Energy is on your bill... Here is some more information

Standard Choice Offer (SCO) Program

You have been assigned to Barracuda Energy through the SCO program.

What is SCO?

 The Standard Choice Offer is the rate most residential and small nonresidential customers who are eligible for Energy Choice, but have not chosen a supplier or joined a municipal aggregation program, pay for their natural gas consumption. These customers are assigned to a retail natural gas supplier and pay the same monthly variable SCO rate, regardless of the assigned supplier. 

How is the SCO rate determined?

 The SCO rate changes monthly based on the monthly closing price of natural gas on the New York Mercantile Exchange (NYMEX), plus a Retail Price Adjustment. The Public Utilities Commission of Ohio (PUCO) oversees an annual auction process that determines the Retail Price Adjustment, which reflects the suppliers' cost of delivering the gas from wherever it is produced to Dominion Energy Ohio's system for delivery to customers. 

Can I switch from the SCO program?

With the SCO program, you have no contract with Barracuda Energy. Customers are assigned to a retail natural gas supplier and pay the same monthly variable SCO rate You can choose to switch suppliers or get on a fixed rate program with Barracuda Energy at any time. 

Have more questions about the SCO program?

Give us a call at 1-833-628-4274

Barracuda Energy, LLC

1-833-628-4274

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