The market price of natural gas is affected by any number of unpredictable factors – including supply and demand, the price of the product itself, geo-politics and even the weather. A fixed rate natural gas plan gets you one, three, or five years of boringly predictable price certainty for natural gas supply - and one less thing to worry about.
A blended rate natural gas plan gives you the benefit of locking in with 50% fixed certainty, and 50% variability moving with the market every 3 months for natural gas supply. This means that you capture 50% of the down-swing if market prices drop, while protecting yourself from 50% of the up-swing when market prices increase. Truly, the best of both worlds.
Typically, usage changes with the season - creating higher bills during the colder months and lower bills when the temperature warms up. This plan enables you pay the same amount every month for natural gas supply, regardless of season. It's similar to the popular utility Budget Billing plans, but without the need to 'true up' each year.
A Monthly Variable Rate natural gas plan reflects the current month’s market price. The commodity rate changes each month with respect to productions levels, heating and cooling demand, and geo-political events.