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5 types of natural gas plans explained

Posted in:

• Illinois
• Advertising

[The following is a paid advertisement.]

Illinois consumers can choose from several different natural gas plans from more than 30 competitors. When shopping for the best plan, it’s important to understand the plan options. Below are 5 of the most common types.

1. Fixed Price: Most popular option. Locks in unchanging price per unit for contract duration, usually from 3 months to 2 years.
2. Capped Price: Similar to a fixed price but allows for a price reduction if the market price of natural gas drops.
3. Monthly Variable Price: The price per unit changes each month based on the market price and the supplier’s plan details.
4. Seasonal Price: Provides a fixed price for the winter with a variable price in the summer.
5. Flat Bill: Provides a fixed total cost each month regardless of usage, and typically set for a year.

Once you know the basic types of plans, you look at other variables such as contract length. More than 36,000 Illinois residents have found their natural gas solution from Direct Energy, a natural gas and electric retail energy company.

posted by Advertising Department
Friday, Nov 16, 18 @ 10:39 am

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