Saving money on our natural gas bill
Saturday, August 30th, 2008If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
We all know about some of the ways to save on our energy costs - having good windows, sealing up leaks, insulation, etc. But once that is all said and done, how can we save money on our actual bill?
Until now, we haven’t worried too much about our natural gas bill. We do what we can to save on heating costs, and have enrolled in our provider’s budget plan to make life easier. The budget plan is really nice - you pay a fixed amount 11/12 months out of the year, and then pay the remaining balance on the 12th month. We’ve been pretty happy - our monthly bill is about $95, and our remaining balance last month was less than $50.
We got our updated budget plan today, and were a little surprised. We expected an increase, but were taken aback by a new amount of $150. This increase is due to the expected rise in energy costs this winter. Wow!
After looking at our provider’s website, I found that we have the option to choose our natural gas supplier, and that some of them offer fixed rate plans. One supplier had a fixed rate plan for this year that was already 0.13 cheaper/ccf than our current rate, and it would be locked for one year.
I know that this isn’t going to add up to a lot of money if the rates stay where they are, but it is reasonable to expect that rates are going to steadily rise as winter approaches. I’m thinking that it might be a good idea to lock in a rate now.
Do you have a fixed rate plan for natural gas? If so, I would love to hear about your experience!
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