{"id":2819,"date":"2023-01-16T15:49:59","date_gmt":"2023-01-16T21:49:59","guid":{"rendered":"https:\/\/www.georgiagassavings.com\/blog\/?p=2819"},"modified":"2023-01-19T10:32:40","modified_gmt":"2023-01-19T16:32:40","slug":"natural-gas-prices-falling-time-to-shop-plans","status":"publish","type":"post","link":"https:\/\/www.georgiagassavings.com\/blog\/natural-gas-prices-falling-time-to-shop-plans\/","title":{"rendered":"Natural Gas Prices Falling, Time to Shop Plans?"},"content":{"rendered":"\n<h2>Will Natural Gas Prices Go Down in 2023?<\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright size-medium\"><img loading=\"lazy\" width=\"300\" height=\"276\" src=\"https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2023\/01\/time-to-shop-GA-gas-prices-300x276.jpg\" alt=\"Natural gas prices may be falling but is now the best time to find a new deal? We tear into facts and rates to help you decide.\" class=\"wp-image-2827\" title=\"Will Natural Gas Prices Go Down in 2023?\" srcset=\"https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2023\/01\/time-to-shop-GA-gas-prices-300x276.jpg 300w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2023\/01\/time-to-shop-GA-gas-prices-230x212.jpg 230w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2023\/01\/time-to-shop-GA-gas-prices-350x322.jpg 350w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2023\/01\/time-to-shop-GA-gas-prices-480x442.jpg 480w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2023\/01\/time-to-shop-GA-gas-prices.jpg 525w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption><center><em>Natural gas prices have fallen from their high cost back in the fall. But is it time to find a new cheaper rate? Find out what you need to know to compare gas rates in Georgia.<\/em><\/center><\/figcaption><\/figure><\/div>\n\n\n\n<p>It\u2019s unusual to see natural gas rates fall in January. As we begin each new year, we are only a few weeks into the cold of winter. These frigid temperatures usually make for high demand. However, this year a combination of forces lowered natural gas prices to start 2023. In the United States, the <a href=\"https:\/\/www.cnn.com\/2023\/01\/06\/energy\/natural-gas-pre-war-price\/index.html\">cost of wholesale gas<\/a> has dropped 50% since November. Let\u2019s look at the factors causing natural gas prices to fall and see if it is time to <a href=\"https:\/\/www.georgiagassavings.com\/natural-gas-rates\">shop natural gas plans in Georgia<\/a>.<\/p>\n\n\n\n<h3>Forecasts for Natural Gas Prices in Georgia<\/h3>\n\n\n\n<p>Russia\u2019s invasion of Ukraine and increased inflation led to uncertainty in the energy market last year. Experts even had concerns that poor weather and supply shortages would <a href=\"https:\/\/www.reuters.com\/business\/energy\/whiplash-energy-markets-start-2023-with-biggest-weekly-dive-years-2023-01-06\/\">drive up natural gas prices<\/a> unreasonably high this year. Fortunately, the supply chain seems to have found a new normal for now. Actually, US natural gas production will see a <a href=\"https:\/\/www.reuters.com\/business\/energy\/us-natgas-output-hit-record-high-2023-demand-fall-2023-01-10\/\">record high in 2023<\/a> according to the EIA.<\/p>\n\n\n\n<p>Along with increased production, demand for natural gas has decreased to start 2023. The <a href=\"https:\/\/www.cnn.com\/2023\/01\/06\/energy\/natural-gas-pre-war-price\/index.html\">warmer than typical weather<\/a> has allowed Americans to keep their hands off their thermostats, lowering natural gas prices.<\/p>\n\n\n\n<p>Unfortunately, the decrease in wholesale natural gas cost has not yet fully trickled down to your <a href=\"https:\/\/www.georgiagassavings.com\/natural-gas-rates\/atlanta-gas-light\"><strong>Atlanta Gas Light<\/strong> energy bill<\/a>. The EIA predicts <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/\">natural gas prices to be nearly 25% lower<\/a> on average this year than in 2022. However, fluctuations in the market and caution around the developing situation in Europe mean that your charges may not decrease for some time.<\/p>\n\n\n\n<h3>The Best Time to Lock in Natural Gas Prices<\/h3>\n\n\n\n<p>Although some residential natural gas plans in Georgia have seen a dip in their rates in January, others are near their peak for the past year. This means if you found yourself locked into a high rate last year, it could be a great time to <a href=\"https:\/\/www.georgiagassavings.com\/resources\/why-use-georgia-gas-savings\">compare rates<\/a> and save money. Conversely, if you locked in a lower price last year, it\u2019s not an ideal time to get a new rate.<\/p>\n\n\n\n<p>But keep in mind that spring and fall tend to be the best times to lock in natural gas rates. Savvy consumers in Georgia might see the most savings by <a href=\"https:\/\/www.georgiagassavings.com\/resources\/how-to-switch-your-georgia-natural-gas-provider\">switching natural gas plans<\/a> to a month-to-month variable rate now and then locking in a fixed low price in a few months!<\/p>\n\n\n\n<h3>Compare Natural Gas Rates Today<\/h3>\n\n\n\n<p>If you have been feeling the squeeze with high natural gas bills, relief could be on the way. Whether you\u2019re ready for a new plan today, or just want to keep an eye on natural gas prices, it\u2019s always a great time to visit <a href=\"https:\/\/www.georgiagassavings.com\">https:\/\/www.georgiagassavings.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will Natural Gas Prices Go Down in 2023? It\u2019s unusual to see [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":2829,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[153,161,160,228,246],"tags":[],"_links":{"self":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/2819"}],"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\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/comments?post=2819"}],"version-history":[{"count":6,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/2819\/revisions"}],"predecessor-version":[{"id":2830,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/2819\/revisions\/2830"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/media\/2829"}],"wp:attachment":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/media?parent=2819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/categories?post=2819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/tags?post=2819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}