What’s In Store for Spring Gas Rates?
As spring starts to blossom, it’s time for Georgia gas customers to think about their gas plans. March and the spring shoulder months tend to be a golden time to shop for gas plans. However, winter weather at the end of the season can have a big impact on storage, markets, and spring shoulder month gas rates. This year, timing could be everything. So, let’s make sure you are ready to save as spring shoulder month gas rates roll in.
How Winter Shapes Shoulder Month Rates
At the end of the heating season, natural gas rates perform a balancing act. On one side you have what’s left in the tank at storage facilities. On the other side you have the tug-of-war between production and demand. According to the EIA, since December, storage numbers have been close to the 5-year average. But in February, numbers dipped slightly below for the first time in nearly 2 years. The recent cold snap will also take a bite out of natural gas stores.
However, storage numbers are not likely to take a major hit as long as production keeps up. Despite growing demand, it looks like our production is holding pace! That’s good news for shopping cheap natural gas rates.
At the end of the day (and the end of winter) you’ll have better chances of saving money on natural gas if you keep an eye on weather patterns as well as natural gas storage and production.
Comparing Plans for Spring Savings
Natural gas rates in Georgia have climbed recently. But there are still cheap rates to be found. While your finger is on the pulse of the natural gas market, you should be ready to snag a new plan this month in case rates look like they might go up. Right now, 12-month gas plans have some of the most competitive rates. Let’s take a look at the three cheapest now.
Firstly, it’s the Constellation 12 Month Home Natural Gas Plan at $0.569 per therm. This is the lowest rate for 12 month plans. The monthly charge is also lower at$6.95. There is a $150 ETF. This plan is a great deal, to sign up, call in at 866-630-0685.
Next up is the Scana Energy 12 Month plan at $0.589 per therm. The monthly charge is also $6.95 and the ETF is $150.
Finally, it’s the Georgia Natural Gas® 12 Month Fixed plan at $0.599 per therm. The monthly charge is $7.99-$8.99. The ETF is $100 in the first half of the contract and $50 in the second half.
Unfortunately, right now we can’t say for sure whether gas rates will go up or down in Spring. But considering storage and production look steady, a massive change in rates isn’t likely. Therefore, if one of these 12 month plans could save you money right now, it would be a smart move to switch. Get your plan today or keep shopping with us at https://www.georgiagassavings.com.