Saturday, January 15, 2022

Why Have Heating Costs 'Jacked-Up' in the Past Couple of Months

 In simple terms (as my German wife would tell you).....for years.....various quickly-formed natural gas suppliers have offered up contracts that didn't take into consideration escalation of natural gas.  

So in this time when things got squeezed....the same quickly-formed suppliers suddenly found their business model didn't work, and they dumped customers.

The dumped customers then went to the standard companies which had long-term contracts, and this upswing of customers triggered issues for them....meaning that they (the dumped customers) paid more than the long-standing customers.

The dumped customers having little time to review options?  In some cases, you were given around 30 days to find a new provider, and it's a pretty crappy case when doing this in the midst of winter.  

For a number of years, I probably paid 10-percent more (maybe even 20-percent more on occasion) than the happy Germans with the quickly-formed suppliers.  Now?   I'm probably paying 20-to-30 percent less than those folks.  

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