
If you use natural gas to warm your home, your winter
heating bill is determined by a number of factors. These factors include
seasonal weather conditions, market supply and demand, the amount you use and
the price you pay. With the uncertainty surrounding these factors, predicting
your heating bill often involves a fair amount of guesswork.
While you may not be able to directly control the weather
or even market supply and demand, you can control the amount of natural gas you
use and the price you pay per therm. For the things you can control (and even
for those you can’t), a competitive retail energy supplier like WGL Energy
Services Inc., (WGL Energy) can help you start planning now for colder weather.
Fall and winter
weather
WJLA-TV (ABC7) Chief Meteorologist Bill Kelly is
predicting a
colder, snowier winter season than we’ve seen in recent years. When colder
weather arrives, a utility’s natural gas rates (i.e., the price you pay per
therm) can vary. In the District, Maryland and Virginia (DMV), residential
natural gas customers can choose a retail energy supplier and protect themselves
against varying utility rates, with a one- or two- year fixed-price natural gas
supply plan.
Market supply and
demand
Natural
gas storage levels are among the lowest they’ve been in five years.
Colder-than-normal weather can put upward pressure on prices because supply is
often unable to meet short-term increases in demand.
Domestic production and demand for natural gas are
rising; in fact, the demand for natural gas in the first half of 2018 was, on
average, 12% higher than it was during the first half of 2017. Due to few
comparable alternatives, even small changes in supply or demand can result in
large price movements. A fixed-price natural gas supply plan can help
insulate homeowners from the effects of unexpected price changes during the
winter months.
The amount you use
It’s been said the cheapest energy is the energy you
don’t use. Experts agree that energy efficiency – and reducing energy usage – is one of the easiest and fastest ways to lower your winter
heating bill. Competitive retail energy suppliers like WGL Energy offer a
variety of tips for improving energy efficiency and reducing
usage in your home. These simple tips
include: changing the air filters in your furnace on a monthly basis, caulking
around doors and windows and installing weather stripping on doors.
The price you pay
A fixed-price natural gas supply plan is
designed for residential customers who want the peace of mind that comes from
knowing their natural gas supply price will remain the same over their entire contract
period. Energy choice allows homeowners in the DMV to shop around for the best
plan. Retail energy suppliers like WGL Energy typically offer special offers
for customers who plan early for winter weather.
Click here to view our special pricing on natural gas plans for your home.
Let us help you take the guesswork out of your heating
bill this winter with a WGL Energy one- or two-year fixed price natural gas
supply agreement. Act now before colder weather arrives.
To learn more, visit wglenergy.com and enter promo code WINTER. |