How to Cancel SoCalGas Subscription in Easy Steps

Method of Cancellation

You may cancel your SoCalGas service via phone. This method provides a straightforward way to manage your account based on your preferences.

SoCalGas Refund Policy

Thus, if SoCalGas were to bill based on the actual energy use, there would be little need for refunds as this system checks itself. Despite that, any overpayment or credit balance will be refunded upon disconnection from the utility.

Eventually, all the final bills should be adjusted for unused services. Refunds are typically made via check or initial payment method. Thus, you can track your account online or call customer service when your refunds are delayed.

How Much Can You Save After Canceling SoCalGas Subscription?

If you cancel your subscription to SoCalGas, how much you save depends on what gas costs monthly and how much gas you use. Natural gas bills can cost $20 to $100 per month. You can save up to $50 per month by canceling the subscription. This means you can save $600 each year.

Where to Invest that Amount?

High-Interest Savings Account

Put your saved money in a savings account that earns high interest. This will help your money grow faster.

Retirement Accounts (IRA/401(k))

Contributing to retirement accounts like IRA or 401(k) secures the financial life ahead of you.

Invest in Funds

Investing in funds allows you to spread your investment across many different companies.

New Ventures

Use the extra money to explore other hobbies or undertakings.

Alternatives to SoCalGas

If you are seeking alternatives to SoCalGas, consider other natural gas providers in your region. These suppliers may offer competitive pricing or alternative service options.

Pacific Gas and Electric (PG&E)

PG&E is a primary utility provider in California. It serves millions of customers with power and natural gas and is known for supplying electricity to homes and businesses across many communities in the state.

Sempra Energy

Sempra Energy is an energy business-holding firm with interests in SoCalGas, San Diego Gas & Electric, and Oncor Electric Delivery Company, among others.

Southern California Edison (SCE)

Southern California Edison serves more than fifteen million electricity and natural gas customers in southern California and the state's central coast areas.

Conclusion

While you may find reasons to keep your SoCalGas subscription for the provided benefits, canceling their subscription can lead to significant savings. If you want to invest this money and take a step towards your financial security, try Beem! Get insights on your financial health, take personal loans, or monitor credits all in one place!