Fixed Rates vs. Variable Rates: What’s the Difference?
At Fuel Georgia, we want to help you understand your options when it comes to choosing a natural gas plan. One of the biggest decisions you'll make is whether to go with a fixed rate or a variable rate. Here's what that means—without the jargon.
Fixed Rate Plan
A fixed rate means the price you pay per unit of natural gas stays the same for the length of your contract (usually 6, 12, or 24 months).
- Pros:
- Budget-friendly and predictable bills
- Protection from market spikes - Cons:
- Might pay a little more if market prices drop
- Cancellation fee applies if you cancel before your contract is over
Great for: People who like stability and peace of mind when it comes to monthly bills.
Variable Rate Plan
A variable rate means your price can change month to month based on the market.
- Pros:
- Can save money when market prices are low
- No long-term contract - Cons:
- Prices can rise unexpectedly
- Harder to predict your bill
Great for: People who don’t mind a little risk and want more flexibility.
Which One’s Right for You?
- Want steady, predictable bills? Go fixed!
- Don’t mind some ups and downs for a chance to save? Try variable!
Still unsure? Our team at Fuel Georgia is happy to help you pick the plan that works best for your lifestyle and budget!