What to Consider When Choosing a Natural Gas Company

Natural gas deregulation was created to help foster competition among natural gas companies, which in turn helps you save money on your monthly bill. Natural gas marketers, as they are labeled by the PSC, are responsible for selling you natural gas service, as well as handling the billing and customer service aspects. The Natural Gas Consumers Act serves as a consumer bill of rights, ensuring that you receive all the information you need to fully understand all aspects of your natural gas service. It also ensures that natural gas customers receive reliable, safe and affordable natural gas. It is your natural gas safety blanket so to speak.

With that in mind, there are are a few very important factors you should always consider when researching companies in your area. Here are three important tips for consumers looking to make the switch to a new natural gas company:

1. Understand all costs associated with your natural gas service. The PSC (Public Service Commission) in most states require competitive natural gas marketers to provide you with the terms of service, disclosure statement and any contracts that are applicable to your service.

2. Understand the differences between fixed and variable rates. Variable rates do change monthly according to the market, and fixed rates stay the same for the length of contract terms. Each company will outline the prices and contract terms—as well as any additional fees—associated with all rate plans.

3. Research company reputations through the PSC in your state.

Image Credit Attribution: David P. Lewis / Shutterstock.com