Cold winter Cool prices

Published: December 17th 2010
in Economics » Local

Natural gas processing plant

Winter consumption


When you get your bill from your natural gas supplier, look at the other data in it aside from the amount that you have to pay. This data includes your customer charge, costs of delivery, supply charges, etc.


In addition to the bill's breakdown you will also see a table with twelve columns. The table will tell you about your gas consumption during the last twelve months. It will be easy to notice that the consumption during winter may be 7-8 times higher than in summer time.


It's not surprising at all. In some houses the furnace is operating 24 hours a day and the increasing temperature in your living room decreases the amount of money in your bank account. Your next bill can be easily over $500.


Natural gas prices


When looking at the historical prices of natural gas we see that they were much higher in the past. Only five years ago, in December 2005, we had to pay over $9 per one cubic meter. In the beginning of 2008, prices surge to nearly $13 per cubic meter and then dropped sharply to only $3 per cubic meter. The closure in New-York today was $4 and few cents.


How much do I pay this winter?


The fact that prices are cheaper than a few years ago doesn't really mean that you will pay a relatively cheaper bill. Some of the bill's "ingredients" are not affected by the natural gas prices. The delivery to you and to the gas company is one example for that, so is the customer charge.


What can I do?


You can contact your natural gas supplier and check for ways to save money. You can check the options of a fixed bill; try to reduce the gas supply charge by few cents. You may save some money but the best advice for you is to manage your natural gas consumption in a better way.


Adjust your thermostat to a reasonable temperature, 70 F should be comfortable enough. Make sure that non used spaces are isolated. Don't leave open spaces and in the long term replace your windows and glass doors to "double glass" for better isolation. The gap in the consumption between fully isolated house and a non isolated house can be 15-20 per cent.


Important warning


Some of us use the stove in order to heat their house, other use the furnace system only where the natural gas is being combusted.


There are many cases where people are exposed to Carbon-Monoxide (CO), due to a lack of ventilation and a shortage in fresh air and new oxygen. Make sure you are equipped with a CO alarm/detector that is appropriately functioning. CO has no smell and in high concentration can be fatal.

Related articles: (NULL)
Share with friends Print this page Read later Recommend 0 times