Your Best Bet for Natural Gas Summer Savings
Compare fixed vs month-to-month natural gas plans to see which gives you the most summer savings.
In Georgia, our natural gas use goes way down for summer. So, what’s your best option for saving the most on natural gas this season? Well, many fixed rate natural gas plans upped their rates for the past couple months. Therefore, if you’re looking for a new plan right now, you might be wondering if a short term or intro rate plan can save you some money this summer. Let’s take a look at some options to shop short term natural gas for summer savings.
Three Short Term Natural Gas Plans in Georgia
We’ll check out the details of three short term natural gas plans.
Firstly, it’s the Gas South Intro Variable plan at $0.390 per therm. You get this intro rate for one month, then things go up to the provider’s standard variable rate, which sits at $2.05 this month, according to the PSC. The monthly charge is $6.95-$9.95 and the ETF is $150.
Next is the Georgia Natural Gas® Market Intro at $0.399 per therm. This intro rate will last you two months. After that, look out for the provider’s standard variable which is $2.279 this month. During the intro rate period, there is no ETF and no monthly charge for this plan.
Finally, we have the Gas South 6 Month Fixed at $0.650 per therm. This fixed rates sticks around for 6 months. The ETF is $150 and the monthly charge is $6.95-$9.95. As a bonus, look for a $5 bill credit for 10 months (if you stay with the provider).
Which Short Term Plan Delivers Summer Savings?
To see which plan offers the most savings for the average consumer, let’s see what your natural gas bill might look like for the next 6 months. We’ll take estimated monthly usage (from the PSC) and multiply that by per therm rates. Remember, intro plan rates change to variable rates after a month or two. With that in mind, here’s about what you might expect to pay for 6 months with each plan:
- Gas South Intro Variable $234.47
- Georgia Natural Gas Market Intro $216.63
- Gas South 6 Month Fixed $86.45
As you can see, that variable rate hits your wallet pretty hard, even when monthly therm usage is low. In fact, even with a monthly usage of only 1 therm, your best bet is still the 6 month plan.
Obviously, savings on summer natural gas bills can be tricky. Plus, not every home sees the same AGL base rate. So, shop and compare plans carefully. Get your next natural gas plan today at https://www.georgiagassavings.com.