CLEVELAND, Ohio -- Choosing a natural gas supplier this winter is easy, as long as you keep in mind that the wholesale price of gas is low -- and is going to stay low for quite a while.
This month's wholesale commodity price is the lowest December price since 2001, making the regulated price of gas bought through local utilities just as much a bargain.
The near-term future is just as consumer-friendly.
The average commodity price over the next 12 months is surprisingly low, about $3.41 per 1,000 cubic feet, or 35 cents per 100 cubic feet.
Consumers in Ohio have two choices for natural gas. They can choose an unregulated independent supplier or they can buy gas through the utility that delivers it to their homes: Dominion East Ohio or Columbia Gas of Ohio.
Those plans carry variable rates that change monthly. Independent suppliers offer variable and fixed rates.
Here are some basic tools to help you decide whether to stick with the utility's monthly variable rate or look for a fair price from an independent supplier.
Read More From: www.cleveland.com
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