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Fixed Price Gas Options

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  • Fixed Price Gas Options

    Has anyone ever done this? The current price is .97/ therm and they offer to allow you to lock in for the whole winter at .99.

    Obviously if it goes up, it's a good deal; if it goes down, it's bad. I didn't do it last winter and it definitely went up but I'm worried that they wouldn't offer this option if they didn't get a pay back from years where it went down.

    Any advice?
    Married to a Urology Attending! (that is an understated exclamation point)
    Mama to C (Jan 2012), D (Nov 2013), and R (April 2016). Consulting and homeschooling are my day jobs.

  • #2
    Re: Fixed Price Gas Options

    This is gas for the house; we're in our first house with gas, and we got a similar offer - based on the price changes the past 5-10 years (which were on the website), we opted not to take the offer. The "fixed" price was higher than we seemed likely to average staying with the "actual" prices (which only change, what is it, once a quarter?).
    Sandy
    Wife of EM Attending, Web Programmer, mom to one older lady scaredy-cat and one sweet-but-dumb younger boy kitty

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    • #3
      Re: Fixed Price Gas Options

      My parents get this option every year and it just depends on the year for whether or not they take it. This year with gas prices continuing to rise and the analysts saying heating oil could take the biggest hit, I would take it.
      Wife to NSG out of training, mom to 2, 10 & 8, and a beagle with wings.

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      • #4
        Re: Fixed Price Gas Options

        Sandy- Is your gas co. Dominion? I need to talk to you about gas prices...

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        • #5
          Re: Fixed Price Gas Options

          Yes, it is. PM or call!
          Sandy
          Wife of EM Attending, Web Programmer, mom to one older lady scaredy-cat and one sweet-but-dumb younger boy kitty

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