Variable Gas Plans Are Cheap Right Now
Winter is long gone, but your natural gas bill isn’t going away. If you’re hoping to save money with a new gas plan in GA, variable rate plans look quite tempting right now. In fact, anywhere you look, natural gas prices are surprisingly low. Just consider the Henry Hub spot prices which hit a low for the year earlier this month. But a few variable rate plans are offering truly rock bottom prices. So, let’s see if a variable gas plan for summer can save you money.
Variable Gas Plans with Best Rates
At the moment, variable rate plans in GA are very appealing with low rates. But are they too good to be true?
Gas South Acquisition Variable plan has a jaw dropping rate of $0.390 per therm. It sounds amazing, but it will only last you a single month. That’s right; it’s just an introductory rate. After the first month, you’ll switch to the provider’s standard variable rate. Currently that standard variable rate is $1.69 per therm, and likely to go up and summer heat rolls in.
Georgia Natural Gas® Market Intro Plan has a slightly higher rate of $0.399 per therm. This plan, however, lasts twice as long. You’ll enjoy the intro rate for two months before switching over to the provider’s standard variable rate. Currently that standard variable rate is $1.949 per therm.
Also keep in mind that if you went with either of these variable rate plans for the summer, that would leave you looking for a new fixed rate plan in fall before home heating season kicks in.
Comparing Plans for Summer Savings
Let’s figure out if a variable rate plan would save you money this summer. We’ll compare the Georgia Natural Gas® Market Intro Plan with the cheapest fixed rate plan currently available, the Constellation 12 Month Home Natural Gas Plan. For natural gas use, we’ll use averages for a GA home. According to the GA PSC price charts, the averages are about 16 therms in June, July, and August and about 17 therms in September.
The variable rate plan saves you money in the first two months. Then the rate increases. However, the fixed rate plan comes out the clear winner after the full summer. Fixed rate summer totals add up to $38.29. Variable rate summer totals add up to $77.09.
Find a Cheap Fixed Rate Today
Despite the cheap price tag, a variable rate plan isn’t likely to save you money this summer. But don’t be disappointed! Fixed rate plans are still clinging to sensational spring lows. Visit us today to pick out the best fixed rate plan at https://www.georgiagassavings.com.