There are a number of factors that can affect the price you pay for oil and gas, including production and supply levels—and even weather patterns and conditions. With almost 60 million users in the United States, natural gas is one of the most commonly used fuel sources.
As a home or business owner, it’s important to understand the factors that can ultimately affect your costs. One of the most common questions consumers have is: “Will the colder weather impact natural gas prices?” UGI EnergyLink is here to help! Here’s what you should know about how colder weather may affect how much you pay for natural gas.
For more information about how the cold weather may impact your natural gas costs, be sure to contact us online or call 800-797-0712 today!
How Colder Weather Affects Natural Gas Prices
There are a variety of ways that weather can affect the price you pay for natural gas. In some cases, inclement weather can affect the production process-restricting operations and prevent facilities from producing at full capacity. This will affect the supply amount and create a greater demand, which ultimately causes prices to rise.
Inclement weather can also affect the transportation of natural gas. Poor traveling conditions can cause significant issues during transportation, which can slow deliveries and shorten supplies of natural gas as well.
Abnormally cold temperatures can also increase consumer usage. This means there is more of a demand for natural gas to maintain the warmth and comfort of your home or business. As the demand for natural gas increases, the supply is often unable to react quickly enough to this short-term increase in demand, which is where fixed pricing comes in. When you sign up, you can ensure your bills are consistent, even when market prices rise during the colder weather.
If you would like more information on the factors that can affect your natural gas prices, contact us online or call 800-797-0712 today!
Make UGI EnergyLink Your Natural Gas Supplier
UGI EnergyLink is committed to offering commercial and residential natural gas supplies at an affordable price. We are passionate about helping consumers increase efficiency and comfort while lowering costs.
Depending on your specific needs, UGI EnergyLink can help you choose a pricing option that best suits your needs. You can choose from four pricing options including:
- Fixed Pricing
- Monthly Pricing
- Triggered Pricing
- Fuel Switching
Let UGI EnergyLink help you discover the benefits of natural gas! Our experts are standing by to answer all of your natural gas questions. Be sure to contact us online or call 800-797-0712 and speak with one of our friendly experts today!