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Deregulation opens the energy market to competition. Instead of being limited to the rates charged by your utility, you can choose from other natural gas suppliers offering plans in Franklin. When you choose a different gas supplier, the utility maintains responsibility for getting the gas to your home and servicing the lines. You can simply get a different rate on the same natural gas you've always counted on to heat your home and water, cook your food and dry your clothes.
If you choose a different natural gas supplier, you may be able to avoid some of these changes in market rates. For example, if you select a long-term plan at a stable-rate with a natural gas supplier, your rate will stay the same no matter what happens in the market. That means you will be protected when the market experiences an increase in rates. Having peace of mind that your rate will stay the same for the duration of your contract is just one of the benefits of deregulation.
Duke Energy natural gas prices in Franklin are similar to variable rates from other natural gas suppliers. Market rates are determined in part by production costs. If it's more expensive for suppliers to get natural gas, it will be more expensive for consumers. Duke Energy re-evaluates its rates monthly in accordance with utility commission guidelines.
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Natural gas is a more efficient and cleaner-burning fuel than oil or coal. Choosing natural gas as opposed to heating oil, for example, will help reduce your home's carbon footprint in 45005. However, natural gas is still a finite resource and not nearly as green as renewable sources of energy, such as wind and solar. You can easily offset your carbon footprint when you purchase renewable energy credits or participate in a carbon offset program. Renewable energy credits are units of certified green energy that are fed back into the electric grid. Carbon offsets can come in the form of contributions to reforestation projects, clean energy upgrades to existing infrastructure or energy efficiency programs.
You can save money on natural gas regardless of your supplier is with Duke Energy in 45005. All you have to do is make a few small changes to use natural gas more efficiently.