Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

324
Posts
780
Votes
Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
780
Votes |
324
Posts

Why did my gas bill go up 100-200%?

Joseph Crunkilton
  • Rental Property Investor
  • Oregon City, OR
Posted

All, 

I have a vacant rental that was costing me $20 or so a month for the gas alongside mortgage and other utilities. The last two months my bill has jumped to $200 and $250. This is a small, vacant rental that is only kept at 60 degrees or so. I'm planning on calling the utility company tomorrow. 

Anyone had this experience? It says the price may fluctuate based on the gas market. But 100% + jump? Come on. I've never had this big of a spike in my 3 years of owning it or in my personal residence. 

Any ideas? 

Most Popular Reply

User Stats

64
Posts
42
Votes
Replied
Quote from @Joseph Crunkilton:

All, 

I have a vacant rental that was costing me $20 or so a month for the gas alongside mortgage and other utilities. The last two months my bill has jumped to $200 and $250. This is a small, vacant rental that is only kept at 60 degrees or so. I'm planning on calling the utility company tomorrow. 

Anyone had this experience? It says the price may fluctuate based on the gas market. But 100% + jump? Come on. I've never had this big of a spike in my 3 years of owning it or in my personal residence. 

Any ideas? 


 We are experiencing the same astronomical surge in rates here in California. Everyone on the West Coast will experience the same crushing, financial pain and it is not due to leaks or anything else that we can control. In our home, we have historically paid about $100 per billing cycle for gas around this time of year, and our bill is projected to be $500+ Can you imagine what kind of gas bills commercial businesses will be receiving and what that will do to prices??   I believe that any sentient being should understand the consequences of decisions that are being made at the top that are affecting prices for the energy that heats our homes, powers our vehicles, powers the coal fired plants, and keeps our economy going. 

Lovely letter from our Gas Provider

Dec 29, 2022

    There’s no easy way to put this: January bills are likely to be shockingly high. An unprecedented cold snap across the nation in part has caused natural gas market prices in the West to more than double between December and January – to the tune of 128% since December.

    As a result, our customers can expect to see higher gas bills in the coming weeks.

    While we don’t set these prices (they’re set by regional and national markets), nor does SoCalGas actually profit from rising prices, we want our customers to know that we understand that this may be a shock and a hardship for some.

    “We understand that our customers are starting to feel the pain caused by large changes in the natural gas market,” said Senior Vice President and Chief Customer Officer Gillian Wright. “And we also recognize that we owe it to our customers to provide them with as many tools and tips as possible to help them find ways to prepare for colder weather and higher winter bills, including financial assistance in some cases.” 

    blah, blah, blah....

    In other words: "The Beatings will continue until morale improves."

    I wish I had a solution to your problem but we are all in it right now with no solutions on the horizon (especially for those of us on the West Coast). 

        Loading replies...