 |
| cost of heating oil |
Many Americans are paying upwards of 15% of their annual income just on energy, this can make the difference between making it and trying hard to hold it all together without going deeper in debt. Everyone is looking for ways to get discount heating oil. Although it is impossible to control geopolitical factors that have a major impact on the price of crude oil, there are ways that the average consumer can get discount heating oil.
Pick the best payment plan:
Locked-in price: Your supplier will set a particular price per gallon which will not vary for a period of one year; a price which is fixed neither goes up or down. A cap on the other hand is the highest you will pay during the term of the agreement, however, if the prices go down, so do the prices to the consumer. A fixed rate price is usually lower than the capped rate due to the risk the supplier takes, however, locked in pricing is good for both the consumer and the supplier. The dealer has the knowledge that he has a customer for a year and the customer usually wins on pricing. If the contract is cancelled prior to the one year expiration, the dealer will penalize the consumer with a fee of between $200 and $500.
Locked in pricing is still offered but due to the volatility of spot oil prices, fewer and fewer consumers are opting to use them. With volatility, it is possible to lock in when the price of oil is high, only to see it drop dramatically.
Market price: Market price is the price on the day of delivery to the consumer. There are no contracts, the price the consumer pays goes up and down all based on the price of oil to the dealer.
Pre-purchase: If you can afford it, pre-purchasing for the entire season can be beneficial. This scheme is based on the estimated consumption over the winter, the price is usually the price set on the day the contract is agreed upon. During the winter, if oil prices rise, you win, if they fall, you lose. If you end up needing more oil than you estimated, that oil will be delivered at the market price on the day. The down side of a pre-purchase arrangement is if the dealer goes out of business, he has your money and you will not be seeing any oil.
The best Discount Heating Oil is something that Petroleum Kings offer, along with discounted off-road diesel. They are available around the clock to serve you.
Article Source: http://EzineArticles.com/expert/Rony_S_Rodger/134
ليست هناك تعليقات:
إرسال تعليق