Which Natural Gas Rate is Better... Duke or IGS Energy?

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Updated: 12/12/2007 11:39 am

Natural gas suppliers are mailing special offers hoping to entice Ohioans to switch natural gas companies.

IGS Energy offers to lock you in now for a year at 99.9 cents per ccf compared to the $1.20 charge from Duke Energy. The offer sounds tempting but when you break it down it doesn't look so good.

The IGS Energy price doesn't include the cost of transportation, which increases the IGS price to a $1.23. Then there are state and local taxes -- which further increases the IGS price.

While Duke Energy's price looks good now, no one knows how high natural gas prices will go this winter. So, you may consider locking in a price with another company.

All this information about IGS-- and two other natural gas suppliers -- are contained in a link at the top of the page.

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