Columbus, Ohio, while Ohioans continue to enjoy the mild summer temperatures, it is easy to forget that the weather will be cooler in parallel with us before we know it.
He will soon be time for residents to consider the most cost-effective ways to pay their home heating needs.
Natural gas prices are at five-year low.
This contrasts sharply with the situation a year ago, when the wholesale price on the New York Mercantile Exchange (NYMEX) was approximately $ 1.12 per CCF (hundred cubic feet).
Today the price is about 37 cents per CCF.
There are several reasons for this low cost natural gas.
Among them are the storage levels, which constitute approximately 26 percent above the level a year ago.
This is partly due to the continued economic downturn and the fact that businesses and residents led to a reduction in their use during a slow economy.
The Office of Ohio Consumers Counsel (OCC), the residential utility advocate, is a staunch supporter of secure supplies of natural gas in Ohio, citizens at the lowest cost option for them.
Counsel advises natural gas customers to consider all the options wisely before taking their choice of energy for the upcoming winter.
"Given the current economic difficulties, Ohio, this office is pleased to note that the Ohio natural gas consumers seen some relief in the form of lower prices for natural gas," said Ohio Consumers Counsel, Janine L. Migden-Ostrander. "We would hope to lower prices lead to less customers disconnected for these stressful times."
Clients should take a few minutes to see their monthly natural gas and to understand the charges listed.
Then they can decide whether or not There are ways to save or go to a third party or not to choose, and their presence in the local natural gas utility.
Consumers who choose an independent supplier to have the possibility of variable rates, which will change every month or contract with a fixed rate, which will set the price for the entire term of the contract.
Those selecting the option with a fixed rate should ask the supplier Does early termination fees, and if so, how much they might be.
Customers remaining with their local distribution companies would be no gas costs (GCR) charge that Columbia Gas and Energy is now the Duke of estimates of the cost of their purchase and transportation of products, or in the case of Dominion East Ohio and Vectren Energy Delivery of Ohio, the level of service offer (SSO), which combines the NYMEX wholesale price and retail price adjustment is determined by open auction.
In the OCC proposes to update the table with a list of independent suppliers, in Ohio, the bid proposals, whether fixed or variable rates and duration of the contract.
You can find the document entitled "Comparison of your choice Energia, the OCC Web-site of the Office of Ohio Consumers Counsel.
The site also contains a discussion of natural gas Sheets billing option, as well as ways to save energy and reduce costs.
You can also contact the OCC free 1-877-742-5266 or 1-877-PICKOCC for any questions or concerns you have about your utility bills.
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