Hi, (not you?) | Member Center | Sign Out

Listen weekdays from 1-3pm ET
(No audio? Try our help)
Recent shows | More media
Listen Live: Mon-Fri 1-3pm ET
Updated: 10:24 a.m. Monday, Oct. 10, 2011 | Posted: 2:28 p.m. Tuesday, Oct. 26, 2010
By Clark Howard
Natural gas rates continue dropping and May is again a great month to lock in if you haven't already done so.
The Georgia Public Service Commission (PSC) reports the lowest-cost provider for this month is Coweta-Fayette EMC Natural Gas, which is advertising a rate of .535 cents per therm. (That price effectively becomes $1.03 per therm when you factor in the monthly customer service charge of $5.95.) The total annual bill for a typical customer over 12 months will be $735.29.
An honorable mention also goes to Fireside Natural Gas this month, which is advertising a rate of .540 cents per therm, resulting in a total annual bill for a typical customer over 12 months being $738.87.
So I'm again advising people to lock in this month if you haven't already done so. You might not even have to switch companies to get the lower rate. If you're still in a floating rate as you read this, call your current natural gas provider to see if they'll offer to match the price from Coweta-Fayette just to keep your business. If they will and you've been happy with the customer service, consider staying. If not, take your business and bring it elsewhere.
For those who want to wait it out one more month and see if natural gas prices do in fact drop lower, the cheapest floating rate provider this month is also Coweta-Fayette.
Marketers file their rates by the 5th of each month, so check back again sometime during the first two weeks of June for my next update.
Need more help making up your mind? Check out the free MyNaturalGasCoach.com service.