What is a good price per therm for natural gas?

The average natural gas cost per therm is $0.95 or $9.52 per thousand cubic feet. One therm is equal to 100 cubic feet of natural gas.

What is the current price of natural gas?

Energy

Name	Price	Unit
Natural Gas (Henry Hub)	3.89	USD per MMBtu
Ethanol	2.22	USD per Gallon
Heating Oil	59.70	USD per 100 Liter
Coal	134.50	USD per Ton

What is a good therm rate in Georgia?

What are the current Natural Gas Rates in Georgia? Currently in Georgia, natural gas rates start at around 40 cents per therm and range up to over $1 per therm. That’s quite a range!

Should I lock in natural gas rate now?

Since the temperature is usually more moderate in late spring and early fall, fewer people rely on natural gas to heat and cool their homes during those times. Lower usage is a factor in causing market prices to drop, making the shoulder months typically the best time to lock in natural gas rates.

Should I get a fixed or variable gas rate?

Fixed-rate tariffs ultimately depend on the conditions of the energy market – if wholesale prices are high, fixed deals will be less attractive. Generally speaking though, if market conditions are good and you shop around, a fixed-rate tariff will be better value than a variable-rate one.

What was the price of natural gas in 2020?

In 2020, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $2.05 per million British thermal units (MMBtu), the lowest annual average price in decades. Prices started the year relatively low because mild winter weather led to less natural gas demand for space heating.

What is the price of natural gas per cubic foot?

The average cost of natural gas per therm varies considerably by season and location. In January 2020, the national average price was $9.52 per thousand cubic feet. That’s $0.95 per Ccf. And at the 2019 national average heat content of 1,037 Btu per cubic foot, it’s a natural gas therm price of $0.92.