How to Find Cheapest Natural Gas Rates for You
The cheap natural gas rates of shoulder months are over, so energy rates for Georgia customers are likely to be on the way up. On top of that, the U.S Energy Information Administration predicts a spike in energy use this season. This is thanks to winter weather and Covid mitigation measures. Natural gas customers in Georgia might be tempted by the ultra-low prices offered by some introductory rate gas plans. But here’s why you should think twice about whether they’re the right choice for you.
Compare SCANA and Georgia Natural Gas® Prices
Introductory rate gas plans are ultra-short, offering astoundingly low dollar per therm prices. You may, for example, have seen the $0.299 per therm rate of the Georgia Natural Gas® Market Intro Plan. Or the $0.289 per therm rate offered by the SCANA Energy Introductory Variable Rate.
These plans can be a smart stop-gap solution if they buy you time to shop around for a long-term deal. But here’s why now isn’t the time.
How do I Look After my Bills over Winter?
Firstly, consider that dollar per therm prices are very likely to rise over winter. If you put off committing to a long-term energy plan now, when rates are cheap, the plans you’ll have to choose from later this winter are likely to be more expensive. Any savings from introductory rate gas plans will all be eaten up by the higher rates you’ll probably face as soon as the plan ends.
How do I Manage my Introductory Rate Gas Plan?
Secondly, you need to keep an eye on when your introductory plan ends. When the SCANA Energy Introductory Variable Rate or the Georgia Natural Gas® Market Intro Plan ends, the company will start charging you under a variable rate plan. When this happens, the price increase per therm is usually huge.
For example: the Georgia Natural Gas® Market Intro Plan lasts two months. After that, the supplier places customers on a plan currently charging $1.539 per therm. That’s around a 520% increase on the $0.299 per therm intro plan charge. And if you’re signing up now this price increase will bite around midwinter, when your monthly therm usage is likely to be particularly high.
On top of that, it can be tricky to keep track of variable rates. The rates… vary… and tend to rise over winter months. This mean you’d be switched to a variable plan right when it’s priciest.
Best Introductory Rate Gas Plan for Me
An introductory rate natural gas plan can be a great deal if shopping around during that time will save you money. But now is not the time to delay finding a long-term natural gas plan. Lock in a good long term rate now at www.georgiagassavings.com to find the best deal for you and your family this winter.