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Monday October 6, 2008

Gas Switch

I got a card in the mail from Georgia Natural Gas the other day saying I could switch to them and get natural gas for 99.9 cents per therm for 12 months. I found out that is only a temporary price for new customers and after 12 months it would go up to a more normal rate (though rates have dropped lately and currently the rate is 105.9 cents per therm). I visited Clark Howard's website and saw an ad to get a $75 gift card from GNG for new customers, but at the 105.9 cent rate. Since I only use 400-500 therms in a year, this still represented some pretty good savings over current Walton EMC Natural Gas prices. However, the small print said the $75 gift card was available from May to December and only available to the first 500 customers. That's not many.

I called the number (866-665-9464) and asked if that deal was still available. They asked what the promo code was and I gave it to them: GLOC-1-080-000. They said the gift card was still available and I would get it after November 1 when the switch took effect. Additionally they gave me the 99.9 cent rate and also waived the switching fee (I found out later you can switch once a year without a fee as long as you aren't locked in). Also, this plan has a monthly fee of $3.99 instead of $5.75 at Walton. As long as competing prices elsewhere don't fall below 85 cents, I should see some savings from this plan.


Comments (2)

I'd been checking Walton EMC's website all day to see if they would update their rates today before switching (for September the rate was 114.8 cents/therm). They didn't. But tonight the new 12-month fixed rate was posted: 99.9 cents! With the switch at least I still get the gift card and the lower monthly fee. $96 of savings.

I noticed that one of the ads on this page has the same $75 gift card deal that I clicked on at Clark Howard's site.

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