Best Length for Georgia’s Natural Gas Plans

Posted on Posted in Atlanta Gas Light, Atlanta Natural Gas Prices, Best Gas Rate, Compare Natural Gas Rates, Fixed Rates, Macon Natural Gas Prices, Natural Gas in Georgia, Natural Gas Prices, Savannah Natural Gas Prices, Uncategorized
The hard part is finding which which Georgia natural gas plan fits what you need for your family.
You have lots of options when it comes to natural gas plans in Georgia. The trick is finding which one fits what you need for your family.

Which Length Of Natural Gas Deal Is Right For You?

At Georgia Gas Savings we understand that the perfect natural gas deal isn’t always the one with the lowest rate. Every consumer has different needs, and one of the biggest decisions is whether you should pick a long fixed-rate natural gas deal or a short one. Everything’s on offer, from 6 months to 60, so we’re going to break down your different options.

Why Should I Pick A Long Fixed-Rate Natural Gas Deal?

Companies in the Atlanta Gas & Light service area want you to sign up with them for as long as possible. This usually means that if you sign up for a long fixed-rate deal, you’ll save money on natural gas. As well as saving you money, fixed-rate deals make it easier to budget from month to month, since you won’t be hit with price fluctuations.

Short vs Long Term— What’s the Best Deal?

You can always switch to find the best natural gas provider at any point in your contract. However, many natural gas marketers in Georgia will charge you an early termination fee if you leave before the contract is up, in order to dissuade your switching to their competitors. This fee can be as high as $150. If you sign up for a multi-year contract, you’ll be protected from price spikes and increases. But, if natural gas prices fall over time, you might end up paying more for your gas supply. At which point, paying that cancellation fee might not be so bad.

Which Is The Best Short-Term Natural Gas Deal?

The shortest natural gas plan on offer in Georgia is a 6-month deal, offered by two marketers; the Infinite Energy 6 Month Fixed deal and the Just Energy RateShield 6. Out of the two, the Infinite Energy plan is the cheaper; it costs $0.599 per therm, compared to $0.780 per therm for the Just Energy deal. While $0.599 per therm is high compared to prices on longer plans, remember that short term plans give providers less of a return and so they are priced higher.

Which Long Term Natural Gas Plan Is The Best?

If you really want to lock in natural gas prices for the long term, then the Infinite Energy 60 Month Fixed deal is the one for you. It costs the same as their 6-month deal, coming in at $0.599 per therm. It’s important to note that this plan does not come with an early termination fee, unlike many other providers, which allows you to switch to natural gas provider of your choice in the future. This plan is also offered for 36, 24 and 12 month periods at the same price.

Which Is The Cheapest Natural Gas Plan Overall?

These extremely long and short plans fill important niches, but most Georgia natural gas consumers will be concerned primarily with their monthly utility bills. The best way to save money reliably is to pick up a cheap fixed rate natural gas deal. The Constellation 24 Month Metro Home Plan is significantly cheaper than the long and short plans we’ve looked at. It comes in at just $0.389 per therm, a whopping 21 cents per therm saving against the Infinite Energy alternatives. Bear in mind, though that this comes with a $150 early termination fee.

Which Is The Best Plan For My Home?

If you’re looking for long-term stability then you’re best off picking the cheapest natural gas plan on the market. While this may prevent you from shopping around as easily, you won’t need to switch if you’ve already secured an excellent price for natural gas. If you want to stay one step ahead of the market, take a look at the new Georgia Gas Savings app – it lets you compare and switch in minutes from your smartphone:

https://www.georgiagassavings.com/apps/GA

0 thoughts on “Best Length for Georgia’s Natural Gas Plans

  1. The experiment of electricity deregulation(E-D) in Texas has proven to be a failure. E-D needs to be re-invented or scrapped. In current practice, E-D is not working as planned and is only serving to pad the pockets of some opportunistic businesses according to reviews that I’ve read of some Retail Electric Providers(REP).

    E-D in the Houston area has produced no tangible benefits to the consumer. On the contrary, the only effects of deregulation I have seen is higher electric rates along with my annual anxiety and frustration as the contract expires with my current REP and I must again chose an REP and a plan for the following year. While making this decision, I must be very mindful of the 14 day window permitted to make a REP change, or else, I could fall into the trap set by my current provider called the “early termination fee” and be forced to pay some exhorbitant, undeserved fee.

    Unfortunately, the consumer is purposefully placed at the disadvantage in this process. The consumer is presented choices, but exact and understandable contract terms are not fully disclosed, intentionally misleading, omittted or worse. It is impossible for the consumer to make a wise and informed choice for an REP and a plan, without all fees, charges, conditions and other terms being fully disclosed, understandable and comparable for the consumer.

    The PUCT publishes a well know website Power To Choose, touted to help the consumer make a wise and informed choice for a Retail Electric Provider. The website shows REP offers conveniently sorted from lowest to highest price (cents/1,000Kwh), but the lower price offers may be quite misleading for the consumer and are not truly comparable:

    For example:
    a)the low rates for (1)one-month terms (i.e. month-month) will generally jump 30-50% on subsequent months.
    b) the low fixed-rates for some longer terms ( 6, 12, 24 months) may be “unbundled” and NOT include significant, variable electric utility charges (ex: fees for transmission & distribution (i.e. TDU), fuel, monthly fees) which ARE included in other’s rate plans.
    c) PUCT’s Consumer Complaint Score for comparison not prominently displayed.

    Even though E-D was fathered by the Texas legislature, the PUCT is the nanny but has been remiss and inattentive to its responsibilities. The members of the Public Utility Commission of Texas need to review and recommit to the first tenet of their mission statement “to protect customers”, since I sure don’t feel protected.

    Some fine first steps would be to revise and fully standardize the FACTS Label and portions of the Terms of Service document to permit straight forward comparision of REP plans by the consumer and avoid all billing suprises and many other complaints as well. Additional steps could be made to make the Power To Choose website more helpful for consumers by standardized forms, full disclosure and true comparisons. Perhaps, web-links to independant REP reviews could be considered. Also, strongly suggesting that the REP’s amortize their “termination-fee” over the contract term. To fully appreciate and grasp the effects which E-D has had for the average rate-payor, the PUCT should earnestly seek the comments, experiences and opinions of deregulated electricity consumers.

    I naively presume that the legislature’s motives were pure when instituting E-D, but something has gone terribly wrong (for the electric consumer) as painfully demonstrated by the following facts: Our neighbors to the west in Austin and San Antonio (with municipally-owned electrical companies) who elected NOT to adopt E-D, are enjoying some of the lowest electric rates in the country, while Houstonians endure rates that are as much as 150% times theirs and among the highest in the country.

    I believe the politicians and their appointed bureaucrats owe us an explanation.

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