Are You Getting the Benefit of Low Natural Gas Rates?

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Are You Getting the Benefit of Low Natural Gas Rates?

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Public School Is Not A Free Ride

August 23, 2013

Here’s a D-E-A-L for oXYGen Financial Clients and Your Smart Money Moves Readers

By Kevin Greiner
President & CEO, Gas South

It’s the end of summer, and that means back-to-school activities, football season, and…making sure you’re on a favorable natural gas plan!  Yes, it’s time to get your household ready for the winter months, when you use higher quantities of natural gas.

The good news: natural gas rates remain low in Georgia’s competitive market. Since the commodity bubble burst in 2008, natural gas prices have come down and stayed low for the most part.  A big reason is the supply revolution created by hydraulic fracturing (aka, “fracking”) — the process by which natural gas is produced in prodigious quantities from shale formations located throughout the US. It’s meant huge increases in production from places like Pennsylvania and North Dakota, not traditionally considered as being energy-producing states. The US is now the largest producer of natural gas in the world, and with 100 years of available supply, prices should stay low for some time.  That’s great news for industrial and power companies that use natural gas, as well as those who market, transport and distribute it.

Residential customers can also take advantage of low natural gas prices, but need to know where to find the best value.  For the last several years, fixed rates have been priced much more competitively than variable rates in Georgia.  If you’re willing to commit to a provider for a period of time, it’s better to lock in a fixed price rather than float on a variable rate.

oXYGen Financial clients can receive a two-cent-per-therm discount off Gas South’s already low rates simply by visiting www.gas-south.com/oxygen or calling us at 1-877-332-5442. You can receive this discount whether you are a new or existing Gas South customer.  Just enter or mention the campaign code “Oxygen”.  Through September 5, you can lock in a 12 month fixed rate of 57 cents per therm. You’ll also find convenient payment options including paying your bill by credit card automatically each month. Plus, Gas South is a local company with all of its employees living in Georgia.

How else can you benefit from low natural gas rates?  Take a good look at efficient natural gas appliances.  A gas clothes dryer, for example, works much better than an electric version and costs much less to operate.  Tankless gas water heaters will allow all those teenagers in your home to take long showers without running out of water or emptying your bank account.  A natural gas grill saves you money while eliminating trips to the hardware store for propane.  A gas furnace and fireplace keep your home cozy.  And foam insulation can provide you with better comfort and lower utility bills year round.

Take action now, and you’ll be happy you did once those gas bills start to come in this winter.

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