Infinite Energy Offers Georgia's Lowest Fixed Natural Gas Rate Since 2002
GAINESVILLE, Fla., March 7, 2012 /PRNewswire/ -- For the first time in ten years, Georgia residents can lock in a natural gas price under $0.50/therm.
Yesterday, the Georgia Public Service Commission released suppliers' rates for March 2012, and Infinite Energy offered a 12 month plan for $0.499/therm--the lowest fixed rate posted since March 2002.
Georgia consumers may choose from two kinds of rates, fixed or variable. A variable rate changes every month depending on market activity. A fixed rate secures a certain price per therm for a period of time, usually 6 or 12 months.
Over the past 12 months, the average variable rate for all Georgia suppliers was $0.9887/therm, so choosing $0.499/therm for the next 12 months means that Georgia customers could pay nearly half what they did last year for gas charges.
While gasoline prices have risen across the country, natural gas prices have decreased significantly.
"Due to a warm winter and an ample supply of natural gas, prices have tumbled to the lowest point in ten years," said Infinite Energy CEO Darin Cook.
About Infinite Energy, Inc.
Established in 1994, Infinite Energy, Inc. provides natural gas service in Florida, Georgia, New Jersey and New York and electricity service in Texas.
Infinite Energy markets wholesale and retail energy products in an ethical and profitable manner; grows the company by investing in quality personnel and quality business partnerships; and provides unparalleled customer service by offering residential, commercial and industrial consumers a wide variety of natural gas and electricity pricing options to meet their individual needs.
SOURCE Infinite Energy
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