Fairfax County General :
Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Is Washington Gas Flat Rate a Good Deal?
Posted by:
Help Please
()
Date: August 27, 2016 08:13AM
I got a flyer from Washington Gas offering to lock me in to a flat rate of $0.495 per Therm for a year.
Is this a good deal?
Is this a good deal?
Re: Is Washington Gas Flat Rate a Good Deal?
Posted by:
Gas Shopper
()
Date: August 27, 2016 09:01AM
That's a ripoff. I get coupons for $0.325 per therm all the time.
Re: Is Washington Gas Flat Rate a Good Deal?
Posted by:
Bill.N.
()
Date: August 27, 2016 09:13AM
If they thought they were going to make less money off of it, would they offer it to you?
Re: Is Washington Gas Flat Rate a Good Deal?
Posted by:
ktNdx
()
Date: August 27, 2016 02:45PM
Maybe. It seems like gas futures really. The gas company is betting the price of gas goes down. You are betting the price of gas goes up.
Re: Is Washington Gas Flat Rate a Good Deal?
Posted by:
Eynun
()
Date: August 27, 2016 02:56PM
^^^ Exactly. They hope to off-load some risk, while consumers may hope to profit from taking on some risk. The $0.495 price is not cut-and-dried in either party's favor. We haven't replied yet, but being old and living on a fixed income, we'll probably go for it.
Re: Is Washington Gas Flat Rate a Good Deal?
Posted by:
Peak Gas
()
Date: August 27, 2016 03:02PM
Makes little difference now. It's kind of a throw-back to when it was first deregulated and suppliers other than your utility could offer pricing and prices were rising or at least there was reasonable speculation that they could/would rise significantly. There's plenty of gas around now and any price change very likely would be small in the case that it does increase. Even if you bet right, then you probably won't get back enough of a difference to make up for the time that you spent thinking about it.
Re: Is Washington Gas Flat Rate a Good Deal?
Posted by:
Ralph Nadee
()
Date: August 27, 2016 03:16PM
You think they're making that offer to help you or for their own benefit? Think about it!
Re: Is Washington Gas Flat Rate a Good Deal?
Posted by:
4LxnT
()
Date: August 27, 2016 03:36PM
Ralph Nadee Wrote:
-------------------------------------------------------
> You think they're making that offer to help you or
> for their own benefit? Think about it!
That would be more than you were capable of. Look up the word "hedging". This is what AIG failed to do that caused them to collapse and need a bail-out.
-------------------------------------------------------
> You think they're making that offer to help you or
> for their own benefit? Think about it!
That would be more than you were capable of. Look up the word "hedging". This is what AIG failed to do that caused them to collapse and need a bail-out.
Re: Is Washington Gas Flat Rate a Good Deal?
Posted by:
Ted R
()
Date: August 27, 2016 04:06PM
4LxnT Wrote:
-------------------------------------------------------
> Ralph Nadee Wrote:
> --------------------------------------------------
> -----
> > You think they're making that offer to help you
> or
> > for their own benefit? Think about it!
>
> That would be more than you were capable of. Look
> up the word "hedging". This is what AIG failed to
> do that caused them to collapse and need a
> bail-out.
You've been sniffing too much gas.
-------------------------------------------------------
> Ralph Nadee Wrote:
> --------------------------------------------------
> -----
> > You think they're making that offer to help you
> or
> > for their own benefit? Think about it!
>
> That would be more than you were capable of. Look
> up the word "hedging". This is what AIG failed to
> do that caused them to collapse and need a
> bail-out.
You've been sniffing too much gas.
Re: Is Washington Gas Flat Rate a Good Deal?
Posted by:
WTF-OVER
()
Date: August 27, 2016 09:01PM
A recent study warned that by 2050 so much electricity will have been wasted into the earth that lightning will start shooting from the ground..
Global charging is a real danger. Save the earth, remove your grounding rod.
Global charging is a real danger. Save the earth, remove your grounding rod.
Re: Is Washington Gas Flat Rate a Good Deal?
Posted by:
Hk43m
()
Date: August 28, 2016 02:36PM
Hilarious.
I suppose the Earth is somewhat inductive but also fairly resistive. You aren't going to build up any massive non-localized charge.
As far as grounding rods, I am missing mine. It looks like they switched plastic water pipe and didn't drive in the appropriate grounding rods to maintain a proper ground. I hate amateurs.
I suppose the Earth is somewhat inductive but also fairly resistive. You aren't going to build up any massive non-localized charge.
As far as grounding rods, I am missing mine. It looks like they switched plastic water pipe and didn't drive in the appropriate grounding rods to maintain a proper ground. I hate amateurs.