{"id":912,"date":"2020-01-20T06:16:21","date_gmt":"2020-01-20T12:16:21","guid":{"rendered":"http:\/\/www.georgiagassavings.com\/blog\/?p=912"},"modified":"2021-01-29T15:47:45","modified_gmt":"2021-01-29T21:47:45","slug":"just-energy-sells-georgia-assets-to-infinite-energy","status":"publish","type":"post","link":"https:\/\/www.georgiagassavings.com\/blog\/just-energy-sells-georgia-assets-to-infinite-energy\/","title":{"rendered":"Just Energy Sells Georgia Assets to Infinite Energy"},"content":{"rendered":"<figure id=\"attachment_108\" aria-describedby=\"caption-attachment-108\" style=\"width: 278px\" class=\"wp-caption alignright\"><img loading=\"lazy\" class=\"wp-image-108 size-medium\" src=\"https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2017\/02\/GA-GasMeter-map-278x300.png\" alt=\"Learn how rates and customer charges can affect how much you pay on your GA natural gas plan bils.\" width=\"278\" height=\"300\" srcset=\"https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2017\/02\/GA-GasMeter-map-278x300.png 278w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2017\/02\/GA-GasMeter-map-230x248.png 230w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2017\/02\/GA-GasMeter-map-350x377.png 350w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2017\/02\/GA-GasMeter-map-480x517.png 480w, https:\/\/www.georgiagassavings.com\/blog\/wp-content\/uploads\/2017\/02\/GA-GasMeter-map.png 735w\" sizes=\"(max-width: 278px) 100vw, 278px\" \/><figcaption id=\"caption-attachment-108\" class=\"wp-caption-text\"><center><em>How does your old Just Energy natural gas plan compare to your new Infinite Energy deal? Let us show you how to compare them apples-to-apples.<\/em><\/center><\/figcaption><\/figure>\n<h2><span style=\"font-weight: 400;\">Is Infinite Energy The Best Natural Gas Provider For You?<\/span><\/h2>\n<p><a href=\"http:\/\/www.energychoicematters.com\/stories\/20191231a.html\"><b>Just Energy<\/b><span style=\"font-weight: 400;\"> completed the sale of all of its Georgia operations<\/span><\/a><span style=\"font-weight: 400;\"> at the end of December, 2019. The energy provider did so in order to <\/span><i><span style=\"font-weight: 400;\">\u201c<\/span><\/i><i><span style=\"font-weight: 400;\">concentrate on our stronger growth and higher-margin operations in North America, while reducing costs.&#8221; <\/span><\/i><span style=\"font-weight: 400;\">Now, if you had a natural gas plan with\u00a0<\/span><b>Just Energy<\/b><span style=\"font-weight: 400;\"> in order to save on natural gas costs, you might be wondering why the company has sold your contract to someone else, and whether it\u2019s still the cheapest natural gas deal in Georgia. Let\u2019s look at why they sold up, and whether <\/span><b>Infinite Energy <\/b><span style=\"font-weight: 400;\">is the best natural gas provider for you.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Why Did Just Energy Sell Its Georgia Operations?<\/span><\/h3>\n<p><b>Just Energy<\/b> just got through a pretty difficult 2019<span style=\"font-weight: 400;\">. In August, <\/span><span style=\"font-weight: 400;\">the company announced it would\u00a0<\/span><a href=\"https:\/\/investors.justenergy.com\/news-releases\/news-release-details\/just-energy-reports-fiscal-first-quarter-2020-results\"><span style=\"font-weight: 400;\">suspend dividends<\/span><\/a>. As other financial issues arose, several investors named\u00a0<a href=\"https:\/\/www.fool.com\/investing\/2019\/09\/12\/why-just-energy-stock-is-down-another-8-today.aspx\"><b>Just Energy<\/b><span style=\"font-weight: 400;\">\u00a0in a lawsuit<\/span><\/a><span style=\"font-weight: 400;\">. Faced with a need to significantly increase cashflow, the company chose to sell off the least-profitable parts of its business one at a time. Apart from its businesses in Ireland and the UK, it sold its Georgia operations, as well. Specifically, the company sold\u00a0all of its customer contracts and natural gas in storage in Georgia to <strong>Infinite Energy<\/strong> for approximately $3.4 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, if your <strong>Just Energy<\/strong> contract has been sold to <\/span><b>Infinite Energy<\/b><span style=\"font-weight: 400;\">, you want to know right away if this is this good news for you? If not, then\u00a0<\/span><a href=\"https:\/\/www.georgiagassavings.com\/\"><span style=\"font-weight: 400;\">who has the cheapest natural gas in Georgia<\/span><\/a><span style=\"font-weight: 400;\">?<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Finding The Best Natural Gas Plan In Atlanta<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The easiest way to see if you have a cheap deal on natural gas is to compare the price per therm. As we can see by <\/span><a href=\"https:\/\/www.georgiagassavings.com\/natural-gas-rates\"><span style=\"font-weight: 400;\">comparing natural gas prices in the Atlanta metro area<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><b>Infinite Energy <\/b><span style=\"font-weight: 400;\">doesn\u2019t necessarily have the cheapest natural gas. The lowest price per therm comes from the <\/span><a href=\"https:\/\/www.georgiagassavings.com\/plans\/constellation\/details\/24-month-metro-home-plan\"><b>Constellation 24 Month Metro Home<\/b><\/a> <span style=\"font-weight: 400;\">plan, which costs just $0.339 per therm.\u00a0The <a href=\"https:\/\/www.georgiagassavings.com\/plans\/infinite-energy\/details\/24-mo-fixed\"><b>Infinite Energy 24 Month<\/b><\/a> fixed plan costs more, at $0.489 per therm.<\/span><\/p>\n<p>How much of a difference could that make to your natural gas bill? Let&#8217;s do the math.\u00a0according to the Georgia Public Services Commission data for 2019, an average home might use about 700 therms per year. When we plug in the price per therm for the\u00a0<strong>Infinite Energy\u00a0<\/strong>deal ($0.489 x 700), and the price of their monthly service fee ($5.95 x 12), we get a yearly spend of $413.70. In comparison, the\u00a0<strong>Constellation<\/strong> price per therm ($0.339 x 700) combined with their service fee ($7.95 x 12) comes to $332.70. That means switching to\u00a0<strong>Constellation<\/strong> is a smart move, if you&#8217;re on the\u00a0<strong>Infinite Energy 24 Month\u00a0<\/strong>plan.<\/p>\n<h3>Compare 12 Month Natural Gas Plans<\/h3>\n<p>If you&#8217;re on a shorter plan with\u00a0<strong>Infinite Energy<\/strong>, things look a little better.\u00a0The <a href=\"https:\/\/www.georgiagassavings.com\/plans\/infinite-energy\/details\/12-mo-fixed\"><b>Infinite Energy 12 Month<\/b><\/a><b>\u00a0<\/b><b><\/b>plan offers a low rate of only $0.359 per therm. For an average Georgia home, this comes out to $322.70.\u00a0If you go with the <strong><a href=\"https:\/\/www.georgiagassavings.com\/plans\/constellation\/details\/12-month-metro-home-plan\">Constellation 12 Month Metro Home Plan<\/a><\/strong>, you&#8217;ll also pay\u00a0$0.349 per therm but because of their higher service fee, the yearly total comes out higher at $339.70. Alternatively, the <a href=\"https:\/\/www.georgiagassavings.com\/plans\/xoom-energy\/details\/surelock-12\"><b>XOOM Energy SureLock 12<\/b><\/a>\u00a0deal also gives you a competitive natural gas price, at $0.349 per therm and a lower service fee, ($5.85 x 12). That shakes out to around $314.50 for the year.<\/p>\n<p>So, if you&#8217;re on the\u00a0<strong>Infinite Energy 12 Month\u00a0<\/strong>plan you&#8217;ve already got a good deal on natural gas. If not, it&#8217;s worth considering whether a 12-month plan is right for you. If you&#8217;d prefer a 24-month deal, then the best price comes from the\u00a0<strong>Constellation<\/strong>\u00a0<strong>24 Month Metro Home\u00a0<\/strong>plan.<\/p>\n<h3>Annual Cost of a\u00a0Natural Gas Plan in Georgia:<\/h3>\n<p style=\"padding-left: 30px;\"><strong>XOOM Energy 12 Month:\u00a0<\/strong>$314.50<\/p>\n<p style=\"padding-left: 30px;\"><strong>Infinite Energy 12 Month:\u00a0<\/strong>$322.70<\/p>\n<p style=\"padding-left: 30px;\"><strong>Constellation 12 Month Metro Home Plan:\u00a0<\/strong>$339.70.<\/p>\n<p style=\"padding-left: 30px;\"><strong>Constellation 24 Month Metro Home: <\/strong>$332.70<\/p>\n<p style=\"padding-left: 30px;\"><strong>Infinite Energy 24 Month:\u00a0<\/strong>$413.70<\/p>\n<h3><span style=\"font-weight: 400;\">Should You Stick With Infinite Energy?<\/span><\/h3>\n<p>There are plenty of cheap natural gas deals in Georgia at <a href=\"https:\/\/www.georgiagassavings.com\">https:\/\/www.georgiagassavings.com<\/a>. If you&#8217;re a new\u00a0<strong>Infinite Energy\u00a0<\/strong>customer you could already be saving money! If not, it&#8217;s time to start <a href=\"https:\/\/www.georgiagassavings.com\/resources\/how-to-switch-your-georgia-natural-gas-provider\">switching your natural gas provider today<\/a>. Our process is short, simple, and starts saving you money on natural gas immediately.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is Infinite Energy The Best Natural Gas Provider For You? Just Energy [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[153,161,16,160,212,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/912"}],"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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/comments?post=912"}],"version-history":[{"count":10,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/912\/revisions"}],"predecessor-version":[{"id":1275,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/posts\/912\/revisions\/1275"}],"wp:attachment":[{"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/media?parent=912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/categories?post=912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.georgiagassavings.com\/blog\/wp-json\/wp\/v2\/tags?post=912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}