Which company has the best natural gas rate for you this month? Our monthly update on natural gas rates in Georgia can help you decide…
Here are the low-cost leaders for fixed rate natural gas plans
For a one-year plan, both XOOM and True are advertising .449 cents/therm. After you add in the junk fees, both quotes work out to be $1.03/therm.
However, due to slight variations in those junk fees, GA PSC estimates the average customer using 717 therms over 12 months will actually pay $740.05 with XOOM and $741.25 with True Natural Gas.
Note: All numbers are direct from the GA PSC’s November 2018 pricing chart.
Clark’s advice for November 2018 is to lock in with a low-cost provider. Low reserves of natural gas, coupled with the prospect of a cold winter, are likely to drive up prices in the coming months.
Money expert Clark Howard likes fixed-rate plans for homeowners. With fixed-rate plans, the price per therm is written in stone each month for a year or more.
Having a fixed-rate plan means that if natural gas takes a sudden jump in price, you won’t pay more per therm. It’s insurance against sudden spikes in commodity prices.
But on the flip side, if natural gas prices suddenly drop, you unfortunately won’t get the benefit of lower prices, either.
SCANA has special natural gas rates for U.S. military
SCANA is continuing its special offer for all U.S. military. The company is giving a discount on their advertised rate to all active, reserved, retired, disabled and veteran U.S. military service members or their spouses/partners with valid military identification.
Current military customers who are already with SCANA can get the discounted rate without paying an exit fee. They’re also offering up to $100 in bill credits, and they will make a donation to the USO for each new customer. Call SCANA at 1-877-467-2262 for further details about this offer.