{"id":1132,"date":"2020-11-09T10:48:42","date_gmt":"2020-11-09T16:48:42","guid":{"rendered":"http:\/\/www.georgiagassavings.com\/blog\/?p=1132"},"modified":"2022-06-13T16:27:11","modified_gmt":"2022-06-13T21:27:11","slug":"why-lock-in-a-long-term-gas-rate","status":"publish","type":"post","link":"https:\/\/www.georgiagassavings.com\/blog\/why-lock-in-a-long-term-gas-rate\/","title":{"rendered":"Why Lock In a Long Term Gas Rate?"},"content":{"rendered":"<figure id=\"attachment_408\" aria-describedby=\"caption-attachment-408\" style=\"width: 337px\" class=\"wp-caption alignright\"><img loading=\"lazy\" class=\"wp-image-408\" src=\"https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2018\/11\/iStock-183783103-1-300x200.jpg\" alt=\"Winter time cold could drive natural gas rates higher. Grab a competitive 24 month long term gas rate now and save!\" width=\"337\" height=\"225\" srcset=\"https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2018\/11\/iStock-183783103-1-300x200.jpg 300w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2018\/11\/iStock-183783103-1-230x153.jpg 230w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2018\/11\/iStock-183783103-1-350x233.jpg 350w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2018\/11\/iStock-183783103-1-480x320.jpg 480w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2018\/11\/iStock-183783103-1.jpg 724w\" sizes=\"(max-width: 337px) 100vw, 337px\" \/><figcaption id=\"caption-attachment-408\" class=\"wp-caption-text\"><center><em>Winter time cold could drive natural gas rates higher. Grab a competitive 24 month long term gas rate now and save!<\/em><\/center><\/figcaption><\/figure>\n<h2>When\u2019s the Best Time to Lock in Natural Gas Rates?<\/h2>\n<p>Winter is approaching, and Georgia customers will start feeling the pinch as cheap Fall <a href=\"https:\/\/www.georgiagassavings.com\/natural-gas-rates\">natural gas prices<\/a> are replaced with hikes and spikes in Winter energy cost. Add to that the possibility of Covid measures keeping you or your loved ones locked home, and it seems like costly changes to your energy bill are a-knocking.<\/p>\n<p>But there\u2019s still (just about) time to lock in <a href=\"https:\/\/www.georgiagassavings.com\/natural-gas-rates\">cheap gas prices<\/a>! You should act now with <a href=\"https:\/\/www.georgiagassavings.com\/\">GeorgiaGasSavings<\/a> to compare affordable 24 month plans. Let\u2019s look at your options.<\/p>\n<h3>Should I Lock in 2021 Natural Gas Rates?<\/h3>\n<p>Yes! Here\u2019s three money-saving reasons why.<\/p>\n<ol>\n<li><strong>Stay low-cost!<\/strong> Cold weather, high natural gas demand, and lower supply by January means natural gas prices are likely to rise this season. And even though there&#8217;s record amounts of natural gas in storage, it&#8217;s not known how much winter heating demand will cut into that amount. So, it&#8217;s possible that we\u2019re unlikely to see the normal Spring shoulder month price dips in 2021.<\/li>\n<li><strong>Stay on budget!<\/strong> Covid measures mean unseasonably high energy usage is <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/pdf\/steo_full.pdf\">forecast <\/a>for natural gas customers this winter in Georgia, and you don\u2019t want any nasty billing surprises. Lock in a <a href=\"https:\/\/www.georgiagassavings.com\/natural-gas-rates\">low fixed term energy rate<\/a> now, and you\u2019ll keep bills on budget for the next two years.<\/li>\n<li><strong>Save even more<\/strong>! Natural gas suppliers are currently offering additional material and financial incentives for long-term customers. Net 2 years\u2019 worth of benefits now, before they disappear.<\/li>\n<\/ol>\n<h3>What are the Cheapest Natural Gas Prices for 24 Month Fixed Plans?<\/h3>\n<p>Using the Georgia Public Service Commission (PSC) <a href=\"https:\/\/psc.ga.gov\/site\/assets\/files\/5125\/january_2020_fixed_pricing.pdf\">estimated residential therm usage<\/a> of 717 per year (1,434 therms over 24 months), we ran the numbers on<a href=\"https:\/\/www.georgiagassavings.com\/natural-gas-rates\"> 24 month fixed natural gas plans<\/a> for Georgia residents. We found you the three cheapest options.<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Plan<\/strong><\/td>\n<td><strong>$ per Therm\u00a0<\/strong><\/td>\n<td><strong>Therm price over 24 months (1,434 therms)<\/strong><\/td>\n<td><strong>Monthly Recurring Charge<\/strong><\/td>\n<td><strong>Recurring Charge x 24 months<\/strong><\/td>\n<td><strong>Total<\/strong><\/td>\n<td><strong>Additional Savings<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.georgiagassavings.com\/plans\/constellation\/details\/24-month-water-heater-protection\"><strong>Constellation 24 Month Water Heater Protection<\/strong><\/a><\/td>\n<td>$0.479<\/td>\n<td>$687<\/td>\n<td>$7.95<\/td>\n<td>$191<\/td>\n<td>$878<\/td>\n<td>Benefit from year-round water heater protection, valued at $142.<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.georgiagassavings.com\/plans\/scana-energy\/details\/24-month-fixed-with-75-in-bill-credits\"><strong>Scana 24 Month Fixed with $75 in bill credits<\/strong><\/a><\/td>\n<td>$0.559<\/td>\n<td>$802<\/td>\n<td>$6.95<\/td>\n<td>$167<\/td>\n<td>$969<\/td>\n<td>You may be eligible for $75 in bill credits.<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.georgiagassavings.com\/plans\/infinite-energy\/details\/nest-plan\"><strong>Infinite Nest Plan<\/strong><\/a><\/td>\n<td>$0.549<\/td>\n<td>$787<\/td>\n<td>$9.95<\/td>\n<td>$239<\/td>\n<td>$1026<\/td>\n<td>Nest Learning Thermostat could reduce your bill 10% down to $923. The thermostat &#8211; valued at $295 &#8211; is free.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The <a href=\"https:\/\/www.georgiagassavings.com\/plans\/constellation\/details\/24-month-water-heater-protection\"><strong>Constellation 24 Month Water Heater Protection<\/strong><\/a> plan is the cheapest 24 month natural gas plan at $878 for the full term. But you\u2019ll also get <a href=\"https:\/\/www.constellation.com\/solutions\/for-your-home\/home-services\/home-services-in-atlanta.html#:~:text=Now%2C%20homeowners%20in%20metro%20Atlanta,from%20costly%20and%20unexpected%20repairs.&amp;text=Our%20water%20heater%20protection%20plan,you%20peace%20of%20mind%20protection.\">water heater protection thrown in for free<\/a>. Valued at $142, this means you could save big on \u2018life-saving\u2019 boiler repair and call-out costs.<\/p>\n<p>The <a href=\"https:\/\/www.georgiagassavings.com\/plans\/scana-energy\/details\/24-month-fixed-with-75-in-bill-credits\"><strong>SCANA Energy 24 Month Fixed with $75 in bill credits<\/strong><\/a> is also a good option price-wise, at $969. But the additional $75 credit will give you a little wiggle room if your natural gas usage spikes during winter or summer months.<\/p>\n<p>Whilst the <a href=\"https:\/\/www.georgiagassavings.com\/plans\/infinite-energy\/details\/nest-plan\"><strong>Infinite Nest Plan<\/strong><\/a> seems priciest at $1,026, the free Nest thermostat could knock 10% off your energy bill. And, while\u00a0<a href=\"https:\/\/www.moneysavingexpert.com\/utilities\/smart-thermostats-explained\/\">smart thermostats save you money<\/a>, they don\u2019t come cheap. That\u2019s why getting this<a href=\"https:\/\/nest.com\/energy-partners\/infinite-energy\/#:~:text=Sign%20up%20for%20the%20Infinite%20Energy%20Nest%20plan%20and%20you,energy%20on%20heating%20and%20cooling.\"> top-of-the-line smart thermostat<\/a> (valued at $295) for free is a money-saving steal. <em>(Note: Infinite Energy has recently been<a href=\"http:\/\/www.energychoicematters.com\/stories\/20201020a.html\">\u00a0acquired by Gas South<\/a>.)<\/em><\/p>\n<h3>It\u2019s the Best Time to Lock in Natural Gas Rates<\/h3>\n<p>Now is the time to lock in a<a href=\"https:\/\/www.georgiagassavings.com\/natural-gas-rates\"> 24 month fixed natural gas plan<\/a>\u00a0because you will lock in today&#8217;s low pricing for the next two years. \u00a0With all the variations and valuable extras, finding the perfect fit might seem daunting. But read reviews and check out company ratings and you&#8217;ll find all the advice you need at\u00a0<a href=\"https:\/\/www.georgiagassavings.com\">https:\/\/www.georgiagassavings.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When\u2019s the Best Time to Lock in Natural Gas Rates? Winter is [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[161,16,160,212,152],"tags":[],"_links":{"self":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/1132"}],"collection":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/comments?post=1132"}],"version-history":[{"count":7,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/1132\/revisions"}],"predecessor-version":[{"id":2086,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/1132\/revisions\/2086"}],"wp:attachment":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/media?parent=1132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/categories?post=1132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/tags?post=1132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}