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Monthly Baseload ยท Settlement Reference

Bidweek Survey

Monthly baseload price for next-month delivery, published on the first business day of each delivery month at 10:30 CT. Trade window: the last five business days of the prior month (Bidweek). Reconcilable to submitter FERC Form 552 filings.

10:30
CT ยท 1st Business Day
5d
Bidweek Window
552
Form Reconciled
35+
Hubs Covered
Trade window

Only Bidweek qualifies.

Only trades executed during Bidweek โ€” the last five business days of the prior calendar month โ€” for full-month baseload delivery qualify. VWAP is computed across all qualifying submissions passing the 11 eligibility checks. Partial-month and daily-swing trades are excluded.

  • โœ“ Full calendar month delivery
  • โœ“ Firm, physical, arms-length
  • โœ“ Fixed price (non-index-tied)
  • โœ— Daily-swing trades excluded
  • โœ— Partial-month deals excluded
Why it matters

The settlement reference.

Bidweek prices are widely used as settlement references in long-term physical gas contracts, cost-of-service tariffs, and producer hedging programs. Our Bidweek index is reconcilable to submitter Form 552 filings โ€” every trade's category is tagged for regulator-side reconciliation.

Counterparties, volume, and category are recorded in the audit archive for 7 years.

Settlement-grade baseload.

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